In our ongoing partnership with Accenture, DynamicAction relayed the latest findings from DynamicAction’s Holiday 2017 Retail Index with Thanksgiving & Black Friday data. In a conversation with the Houston Chronicle for their piece Strong Cyber Monday shows e-commerce still on the ascent, Jill Standish with Accenture discussed the findings.
Please find a key excerpt below:
"Many retailers have continued upping the ante with perks like free shipping, which more consumers have come to expect amid the rise of Amazon Prime and other services that expedite delivery. Retail analytics company DynamicAction, in partnership with Accenture, found that retailers have shipped 51 percent more orders for free this season than last.
Jill Standish, Accenture's senior managing director for global retail, said the battle to slash prices and deliver goods for less money could eat into retail earnings this season even as consumers spend more freely.
'When you're trying to woo as many people as possible into shopping with you, it will take its toll' on profitability, she said."
Read the full article here.
Learn how DynamicAction can improve your retail profit by optimizing every part of your business. Ready for details? Book a demo, or download our comparison brochure.
We all know by now that 2016 was the Year of Promotions for retailers, which drastically impacted their bottom line. As we found in DynamicAction’s...
REDWOOD CITY, Calif.--(BUSINESS WIRE)--DynamicActionannounces the newest product of its Retail...
Now more than ever, retailers that wish to stay competitive must develop an Amazon strategy and discover the mindset behind Amazon's operating model....
Sign Up to get the latest News