PricePoint I.T.

Retailers have been tapping into technological innovation, like AI and increased ability for data analytics to further their efforts of personal connection. Read on for more insight.



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Did you know that 25-35% of retail budgets are wasted on unnecessary inventory? 😱

Getting your stock in check starts with the right tools.

Here are some quick tips to get started:

📊 Real-time visibility into your stock levels

🚚 Efficient inventory transfers between locations

📈 Robust reporting to make smart buying decisions

🔔 Alerts to notify you when stock levels need attention

🛒 Automatic reorder points for essential/core items

Ready to see how integrated retail software can help?
Contact us for a demo today!
www.pricepointit.co.za
[email protected]

PricePoint IT Innovative and flexible tech suite for retailers across Africa to operate more efficiently, manage inventory better and sell across online and in-store.

Are you looking for an exceptional retail tech team?

At PricePoint IT, we offer scalable retail tech solutions that grow with you.
From POS to reporting, inventory management, RFID and integrated payments, we've got you covered.

Why top African brands love working with us:
✅ Customised workflows and powerful reporting
tools
✅ Local 24/7 support

✅ Fast integration with your current tech stack with a deep range of certified apps and APIs
✅ Fast migration with little to no downtime
✅ Competitive pricing

Get in touch for a personal demo at [email protected] or check out our website at www.pricepointit.co.za

As Black Friday 2024 approaches, here are some standout stats from last year:

📈 Takealot’s Blue Dot sale hit R196 million in transactions, with 125% year-on-year sales growth.
💻 51% of shoppers went fully online, while only 21% chose in-store shopping.
📱 Mobile dominated- 68% of Takealot’s orders were placed via mobile
🛒 Top items? PC hardware, electronics, TVs, clothing and perfumes. Travel is also seeing a nice surge in recent years.

Shoppers are getting savvier, researching deals early and spreading purchases over several days. Consider promoting Black Friday deals earlier and offering exclusive online bundles for a competitive edge.🚀

Retail is moving towards e-receipts, and the benefits are clear:

1️⃣ Higher engagement: e-receipts have a much higher open rate than traditional marketing emails
2️⃣ Instant post-purchase connection: add social links, marketing campaigns, product reviews, and more

3️⃣ Real-time updates: great way to communicate loyalty points balances, product recommendations, upsell opportunities, and easy access to sale details.
4️⃣ No more lost receipts: Digital receipts are convenient and easy to access.

Ready to go digital?



Get in touch today.

📧 [email protected]

🌐 www.pricepointit.co.za

Gen Z is fast becoming a powerful player in global consumer markets. Gen Z currently holds $360 billion in spending power in the U.S. alone.

But are Gen Z’s spending habits truly different from those of other generations?
Where, when and how do they shop?

In our latest blog post, we share key statistics and insights into Gen Z’s spending behaviour and how retailers can tap into this growing and influential market segment.
Read it here:
👇
www.pricepointit.co.za/blog/gen-z-spotlight-how-and-where-they-shop

Did you know that acquiring new customers are on average 5 to 25 times more expensive than retaining existing ones?
Plus, the success rate of selling to a new customer is just 20%, compared to 60-70% for existing customers.

Customer retention = long-term & exponential retail growth. 💥

If you need a great team to help elevate your customer retention strategies with cutting-edge tech, you're in the right place!
Get in touch today at [email protected] or visit www.pricepointit.co.za to learn more.

The rise and power of social commerce 🛒🚀

Social commerce changed the way we shop, and it's growing fast... VERY fast. It will impact every brand, retailer and platform business. No one can afford to ignore it.
Our latest blog post talk about the scale of the change and provide some great insights.

Check it out here👇

www.pricepointit.co.za/blog/what-is-social-commerce-and-why-it-matters

Wishing you a very happy Heritage Day!
Hope it's spent with family, friends and lots of braai! 🇿🇦