Have you ever wondered how some companies are able to gain so many customers and dominate the market in such a short period of time? The answer may lie in an obscure pricing strategy known as penetration pricing. Penetration pricing
Retailers have been continuously looking for ways to streamline their operations and improve customer service. One of the most effective ways to do this is to install point-of-sale (POS) systems. These systems allow store staff to take customer orders, process
The idea of impulsive buying is a familiar one that has been around for a while. However, as shoppers are bombarded with more product promotions than ever before, many retailers are discovering that offering just a few goods near checkout