Retalon

AUGUST 2, 2019

Prices (markdowns, promotions, competitor prices, etc.). Because retailers can’t afford to lose money because inventory purchases didn’t account for future promotions, business leaders imposed processes to keep everyone on the same page. POS data (sales, returns, etc.). Inventory levels (store, warehouse, distribution centers).

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retalon

AUGUST 16, 2019

Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. The upside is, loyal customers may be more favorable toward product recommendations that take their personal preferences into account. This is the level of exclusivity their customers expect and prefer.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retalon

AUGUST 16, 2019

Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. The upside is, loyal customers may be more favorable toward product recommendations that take their personal preferences into account. This is the level of exclusivity their customers expect and prefer.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

JUNE 18, 2019

The math needed to account for these effects is hard enough. Keep in mind that promotions are not the same part of a product’s pricing lifecycle as Markdowns. In contrast, markdowns are permanent changes designed to clear inventories at the season’s end. Financing promotions can change a customer’s mental math.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32

Retalon

JUNE 18, 2019

The math needed to account for these effects is hard enough. Keep in mind that promotions are not the same part of a product’s pricing lifecycle as Markdowns. In contrast, markdowns are permanent changes designed to clear inventories at the season’s end. Financing promotions can change a customer’s mental math.

Promotions 32

Promotions Markdowns Inventory Management Payment Services 32