President Carly Fink’s insights into dynamic pricing are evaluated in a new article by MSN.
10 Jul 2024

President Carly Fink’s insights into dynamic pricing are evaluated in a new article by MSN.

Fast Company’s interview with President Carly Fink was cited in MSN’s article about digital shelf price labels (DSLs). Walmart plans to introduce digital shelf price labels (DSLs) in 2,300 US stores by 2026 to streamline pricing updates and improve efficiency. Implementing dynamic pricing during the rollout of DSLs has been a controversial topic among marketers. 

  • Walmart’s rollout of digital shelf price labels (DSLs) aims to streamline operations and improve customer service. According to a press release, the DSLs will allow price updates with “a few clicks” instead of days of work.
  • DSLs introduce features like “Stock to Light” and “Pick to Light,” which enhance efficiency by aiding in accurately restocking and fulfilling online orders.
  • Carly Fink from Provoke Insights highlighted the potential benefits of dynamic pricing with DSLs, suggesting it could optimize pricing strategies based on market demand, as reported by Fast Company.
  • Despite concerns, Walmart clarified that its DSL system currently does not support dynamic pricing and has no plans to introduce such functionality.

 

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