This will be an interactive, innovative, and dynamic panel that will share their secrets to maximizing profits through pricing strategies. Plans, policies, and performances of pricing will be discussed in depth. You will discover there are many approaches to pricing, and that each market and retail shop will very in their thoughts on pricing throughout the US.

Quick price adjustments and pre-buying before economic uncertainty will also be discussed; buyers must be aware of the world economic climate and quickly react to the situation(s) at hand. Nonprofit and for-profit pricing strategies will be examined, and why some can command a premium price, due to amazing missions or brilliant marketing strategies. Much of product pricing is in the perception of the item, and not in terms of the actual cost. The panel will discuss why perception is such a driver in pricing and how value is perceived within culture(s).

BOGOs, sales, and signs all impact pricing, and how these can impact your bottom line in pricing strategies will also be discussed. Price tags, shelf labels, and signs will also be a focus, because these communicate the price to the guest. So, what is a good strategy when prices may change weekly/monthly in your store? Come to this session and find out.

Inventory is a retailer’s biggest asset. It’s also the biggest headache. What causes inventories to go wrong? Why aren’t they accurate? And if they were, what would it mean to the bottom line? After many years of working with lots of POS systems, coupled with inventory planning and optimization, Dan Jablons has unique insights into solving this complex problem for retailers.

Are you constantly struggling with signs, graphics and the right POP (point of purchase) for your shop? Well look no further, this session will break down how to utilize signs effectively, determine what graphics you may need to enhance your visuals, and understand how POP visuals can enhance your sales.

You only have seconds to entice a guest to buy a product, so ensure your signs, graphics, and monitor boards are working for you. Learn that sometimes less is more on a sign, and when to use QR codes to limit wording. This session will also touch on “the look” of your signs and graphics, and why “the look” matters to your brand. Selecting the right photographs and words for your graphics will also be discussed, and how a photo could make or break your brand if not researched before installation.

This will be a lively, educational, and interactive fun time for all that attend.

This panel brings together professionals in the souvenir industry to explore the challenges and opportunities involved in creating unique, memorable, and successful souvenirs that resonate with visitors.

 

Join us to:

• Discover the latest trends shaping the souvenir market, including the growing demands for hand-made crafted goods and sustainable options.

• Learn why storytelling matters – transform a simple item into a cherished memento.

• Learn how custom, branded products are a possibility for everyone, regardless of size and/or budget.

• Address common challenges and learn strategies to navigate them