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Mejuri Leverages Real-Time Profitability Data to Inform Decision-Making

Retail TouchPoints

Like many brands dealing with COVID-19, DTC jewelry brand Mejuri was forced to focus intently on its online operations this year. Mejuri sells through multiple channels, including ecommerce, call center and physical store locations, processing orders for fulfillment across multiple locations and a variety of shipping methods.

Markdowns 185
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7 Expert Tips Guaranteed to Reduce Inventory Costs (2020)

Retalon

And at the end of the sales season (or at the end of a product’s lifecycle), markdowns you set to clear out excess inventory can easily wipe out the product’s lifecycle profitability. They quickly learn to time their purchases for the inevitable markdowns rather than buying products during the main lifecycle.

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15 Things to Do RIGHT NOW to Get Your Store Ready for Holiday 2020

Retail Adventures

Making the Golden Quarter work for you requires careful planning that, but even if you haven’t laid the groundwork for a big finish throughout the year, you can still reap the benefits of a solid holiday season. This year consider the following in your Golden Quarter planning: 1. Both of these retailers offer good plans.

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11 Things to Do RIGHT NOW to get Your Store ready for Holiday 2022

Retail Adventures

Making the Golden Quarter work for you requires careful planning. If you don’t want the hassle of shipping, then go the BOPIS route: Buy Online Pickup In Store – customers love curbside. Plan a monthly sales goal and set daily targets for sales, and even for specific products. It just makes sense to have a plan of action.