Ken Ouimet, CEO and Founder of Engage3, sits down with Bill Bishop, Chief Architect at Brick Meets Click, at the National Grocers Association (NGA) Show in San Diego to discuss how retailers can compete with hardline discounters like Aldi and Lidl. They exchange views on the critical role of a store’s price image and offer insights about how personalized offers will replace mass market promotions. From custom e-mails to bots and electronic shelf tags, find out how Ken and Bill are envisioning personalization will look like in retail in the next 5-10 years. Continue Reading Bill Bishop with Ken Ouimet: Product Attributes are Key to Personalization in Retail (Part 2)
A private label, also called a store brand, is an assortment of products offered by a retailer that matches national brand items. Some private label examples include Target’s Up&Up, Costco’s… Continue Reading Private Label Best Practices
Top 5 Things to Look for in a Competitive Pricing Platform Managing the pricing data collected during competitive shops is no easy task. With private labels, rapidly changing online prices, and… Continue Reading Top 5 Things to Look for in a Competitive Pricing Platform
Engage3 publishes regular market pricing reports to help retailers and brands enhance their pricing performance through data science and analytics. Register to get more detailed information about this report, or… Continue Reading Engage3 Q4 2018 Pricing Report: Lidl Led in Private Labels, but Aldi Displayed Consistent Strategy in 3 Segments
Ken Ouimet, CEO and Founder of Engage3, sits down with Bill Bishop, Chief Architect at Brick Meets Click, at the National Grocers Association (NGA) Show in San Diego to discuss how retailers can compete with hardline discounters like Aldi and Lidl. They exchange views on the critical role of a store’s price image and offer insights about how personalized offers will replace mass market promotions. From custom e-mails to bots and electronic shelf tags, find out how Ken and Bill are envisioning personalization will look like in retail in the next 5-10 years. Continue Reading Bill Bishop Talks to Ken Ouimet About Price Image and the Challenges of Personalization in Retail (Part 1)
Retail data science requires a high level of expertise and collaboration on complex projects. In the first round of a year-long project with Engage3, six students from the UC Davis… Continue Reading Data Science Modeling for the Real World: UC Davis MSBA Students Get a Taste of Retail
In the months since it has opened, Raley’s organic-focused concept store in downtown Sacramento has settled into the neighborhood. Its closeness to office buildings makes it a convenient stop for… Continue Reading Raley’s Market 5-ONE-5 Store: A Review
Digiday: Retailers Experimenting with Dynamic Pricing Due to Amazon Continue Reading Digiday: Retailers Experimenting with Dynamic Pricing Due to Amazon
Competitive shop programs, also known as competitive price checks, are a retailer’s main method of gaining visibility into their competitors’ pricing. An increase in hard-to-match private labels and the entry… Continue Reading 7 Tips to Optimize Your Competitive Shop Program
The latest store turning heads in Northern California isn’t known for its purchase-tracking cameras or smart shelf tags—-it’s drawing crowds to its particle board bins. Engage3 visited Falling Prices for… Continue Reading Falling Prices Store in Sacramento: A Review