Margin
Excess Inventory – Mitigate the Impact and Move Forwards
Most brands and retailers will have dealt with overstock inventory before – but today businesses across the globe are warning of “excessive inventory” that is already beginning to dampen the considerable surge in profits seen by many. At worst, dead stock will need to be disposed of at an additional cost. At best, excess inventory…
Read MoreE-Commerce market conditions normalise after the COVID-19 demand spike
Retail sectors are normalising after the COVID-19 demand spike E-Commerce jumped 55% during Covid and the trend of online shopping is here to stay however it doesn’t mean the growth can be sustained or stay at its peak. As consumers look to spend more time on the high street, and enjoy activities outside of the…
Read MoreMaximise your revenue potential during low seasons too
Predictable demand patterns and buying trends It is quite clear the buying and demand pattern of certain products is based on seasonality. We took a deeper dive on this in one sector where the trend is quite predictable: toys. Firstly, we analyzed data from Google Shopping trends, looking at Toys as a search term. The…
Read MoreProfit margin improvements in an inflationary environment
Sustained inflationary pressures Online retailers and brands are under immense pressure due to the impact of inflation on consumers, with the British Retail Consortium showing like-for-like sales in May 2022 declining 1.5% year on year. In our previous blog, we looked in some detail at the inflationary environment and key things retailers are already doing. …
Read MoreUpp vs Bidnamic
Are you wondering how Upp’s machine learning solution for Google Shopping, differs from Bidnamic? Well, Bidnamic wondered the same, so we thought it’d be a good idea to compare what our similarities and differences are. For retailers new to Google Shopping, it can be hard to know where to begin, and hard even for the…
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