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Joe Keenan
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Here's how the process works: Vera Bradley uses computer-aided design (CAD) software to develop images of potential new products, then emails those CADS to customers and asks them to play the game, "What Would They Pay," helping it to get an average price its customers would pay for a product. For pricing for its baby collection, this process began 18 months before the products went to market.
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Joe Keenan
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Joe Keenan is the executive editor of Total Retail. Joe has more than 10 years experience covering the retail industry, and enjoys profiling innovative companies and people in the space.
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