Grocery Retail Analytics | Retail Roundtable Share Group
Reading Time: 0 MinutesWhat it’s all about:
Should I Sign Up?
Of course! We welcome you to be a part of Bungee Tech’s quarterly retail share group…
You do not need to be a Bungee Tech customer or partner to get involved. This is a community for everyone in the grocery industry.
Who Else Is In the Share Group?
The purpose of these meetings is for you to network, learn, and problem-solve. Let’s discuss what we’re seeing in the industry. No need to share proprietary information or pricing secrets. The retail roundtable consists of various retail types, job titles, and experience levels.
Q1’s grocery retail roundtable recap:
+ We talked about:
- What retailers need to do to drive customer value without sacrificing margin.
- The growth of more specific/granular pricing strategy enabled by better data and better technology.
- The role of AI in identifying and responding to pricing risks and opportunities.
- The drive toward faster and more data-driven pricing changes for grocery and omnichannel retailers trying to capture the ecommerce market opportunity.
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Make informed decisions with automatic, reliable omnichannel data collection and product matching. Check the CPI on your Retailscape dashboard to quickly view your market position.
Automate and scale your pricing workflow to maximize insights and improve overall retail operations. Know where your business stands by reviewing visuals via Retailscape.
Build pricing rules for your retail business based on margin, product attributes, inventory, or competitors. Use Retailscape price optimization software to automate pricing changes associated with your strategy.
Identify brand and product gaps with data matched to competitor catalogs to prioritize changes. Use Retailscape to add specific products to a watchlist to monitor prices, promotions, and out of stocks.
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