Accessories Accounting Bundled Pricing Promotions 
Retalon
MARCH 9, 2021
Setting initial pricing high may discourage customers or may create the impression of premium quality. Low prices, while more accessible, could permanently mark the product as a commodity. Pricing determines your long-term profitability. Low prices leave little room for promotions or end-of-lifecycle markdowns.
Retalon
APRIL 14, 2021
And since most markdowns are not planned for in advance (or at least accounted for in the pre-season planning stages), they frequently drain profits considerably more than they have to. And cutting prices is the only way to clear this leftover inventory at the end of a season or of a product’s lifecycle.
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