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Learnings from 1st Hall of Flowers Cannabis Trade Show in Canada
Today’s round-up is about the inaugural Canadian Hall of Flowers trade show, which happened this past Tuesday and Wednesday at the Enercare Centre in Toronto, Ontario.
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Pricing Compression: SKU Rationalization
Episode 21: Price Compression Series Pricing Compression: SKU Rationalization In this week’s Pricing Compression, Krista discusses SKU rationalization. Besides rent, inventory is one of the largest cost centers that can kill profitability. It can make or break a cannabis retail store. Cannabis markets across North America have seen year-over-year growth. In many markets, like Ontario, […]
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Pricing Compression: Complicated Promotions
Episode 20: Price Compression Series Pricing Compression: Complicated Promotions In this week’s Price Compression, Krista looks at complicated promotions. Walking into a store, how many times is your attention immediately grabbed by discount signage promising 10% or 15% off? How do those discounts make you feel? Confused? Overwhelmed making calculations on the spot, while you’re […]
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Pricing Compression: Using Competitive Pricing to Beat Competition
Episode 19: Price Compression Series Pricing Compression: Using Competitive Pricing to Beat Competition In this week’s Price Compression, Krista talks about the pros and cons of competitive pricing. The last time that you went to get a coffee, had they raised the price? With inflation recently, it wouldn’t be surprising. How much of an increase […]