Alexander Rink to be key participant on Intelligent Pricing and Merchandising panel
Ottawa, Canada – April 20, 2016 – 360pi, the leader in price and product intelligence, is pleased to announce the participation of the company’s CEO, Alexander Rink, on the Intelligent Pricing and Merchandising panel at the inaugural Shoptalk conference this May in Las Vegas. The panel is scheduled for Wednesday, May 18th from 10:45am to 11:25am.
Retail is undergoing tremendous upheaval and disruption, largely driven by technology shifts including mobile, social, and web combined with changing shopper demographics and preferences. Merchandising tools and techniques architected specifically for store-based environments, simply will not cut it in the ecommerce age. As well, new retail tactics and strategies largely driven by technology are emerging daily, many of which were impossible to conceive, let alone implement in the brick and mortar era.
Shoptalk is heralded as the tech event for next generation commerce and this panel provides an excellent venue to connect with today’s retail innovators to discuss how real-time data and predictive analytics can be leveraged to offer shoppers the right product at the right price and at the right time.
“Merchants are being challenged to operate at internet speed, shifting the focus from art to science more than ever before. One such example is dynamic pricing which is being applied with increased frequency”, stated Alexander Rink, CEO of 360pi. “However, universal adoption of dynamic pricing can be as dangerous as relying on antiquated tools. Intelligent merchandising requires a holistic approach to convert shoppers and maximize profits.”
Mr. Rink looks forward to sharing the pros and cons of dynamic pricing and other emerging retail tactics with retailers at Shoptalk. In the interim, interested parties are welcome to download 360pi’s latest whitepaper, Dynamic Pricing: Is It Right for You?
360pi derives profitable insights from product and pricing big data to help leading omnichannel retailers, etailers, and brand manufacturers compete and win with shoppers. 360pi’s customer base accounts for over $US200 billion in annual product sales and includes Ace Hardware, Build.com, and Overstock.com, along with several Fortune 500 consumer products companies. With the majority of in-store purchases being influenced online, 360pi helps retailers and brands successfully navigate the multi-channel landscape with real-time insight into who is selling what, where, when, why and for how much. Ultimately, 360pi customers make smarter decisions faster to drive increased revenues and margins across all channels.
Shoptalk is the very first conference of its kind. With 2,000+ attendees, 300+ speakers and 150+ CEOs, Shoptalk is an unprecedented gathering of individuals and companies reshaping how consumers discover, shop and buy any product, service or experience. It’s a catalyst for new retail and ecommerce technologies and innovators disrupting how everyone creates, curates and consumes differently in a unified physical+digital world. Shoptalk provides a platform for large retailers and brands, startups, tech companies and investors to come together in an open and friendly environment.
Ketner Group PR + Marketing (for 360pi)
(613) 562-2525 x 511