Retail marketing method
A technology for firms and merchants, used in data processing applications, instruments, computing, etc.
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[0049] An external information management company (for example, an information system developer) checks the retailer's operations to determine what information-driven programs can be established to expand the consumer's retail experience and increase the retailer's profits. It should be said that increasing the profits of both retailers and businesses will be achieved through good information management. Next, the necessary additional information must be established to facilitate the new procedure. The product may currently only contain limited information such as price, shipping date, merchant identity and retail store number in the barcode attached to the product when it is shipped to the retailer. However, retailers will benefit by knowing more information about various SKUs (such as color, size, gender, quantity, etc.). The additional information may be determined for each SKU, and it may vary from SKU to SKU. Next, when the additional information is to be associated with the ...
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