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Strategies to Optimize Every Customer Interaction

Strategies to Optimize Every Customer Interaction

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Jill Campbell, Oracle Retail

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A Path To Optimizing eBusiness Promotions
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7 Strategies To Convert More Sales From ExistingTraffic & Promotions, Without Increasing Spend
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  1. Control Conversion: Because most e-businesses cant afford to ramp up their promotional spend, systems and strategies that allow an e-business to see how consumers behave based on specific price changes will have the greatest impact on conversion rates.
  2. Align Pricing With Business Objectives: With a system that continually tracks consumer behaviors, new tools can generate pricing based on data analysis which are aligned with business objectives. Since objectives may change based on season or previous results, it is essential to provide easy access for price review system management and reporting of performance and financials.

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