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“Think Globally, Price Locally: Store-Level Pricing Optimization”
Neglecting the unique demands of each location is costing retailers millions in lost revenue. Discover how hyper-local pricing can help you capture the full potential of every market, increase your average basket value by 3.6%, and and drive customer loyalty across all your stores.
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Friday afternoon rolls around, and your downtown grocery store is flooded with busy professionals stocking up for the weekend. Meanwhile, your suburban location sees a surge in family shoppers looking for deals on bulk items.
With hyper-local pricing, you can cater to both segments, offering convenient meal solutions and higher-priced specialty items downtown, while promoting family-sized packages and value deals in the suburbs.