Retail Pricing Pilot

Leah Hoffmann

The VP of Omnichannel Operations at a F500 clothing retailer was updating pricing models to incorporate consumer behavior across channels.

Business Talent Group’s pricing specialist built and implemented an analytical dashboard that covered three product categories and incorporated price drivers including demand, competitive positioning, margins, market dynamics, and, of course, channel mix. After a successful two-month pilot, the team added other product categories and implemented the dashboard across its stores.

 

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