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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.
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.