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Product Bundling: What It Is and How to Bundle like a Pro

Wiser

The items paired together could be captive products , like razors and razor blades, complimentary, like a deal on kitchen appliances, or accessories, like smartwatches and replacement watch bands. It’s also a good strategy to improve customer loyalty, as bundles can be viewed as perks or rewards. Make Bundles Optional.

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5 Highly Effective Retail Markdown Strategies that Work in 2021

Retalon

A retail markdown strategy is a plan that describes when and how certain products should go on markdown. 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. Plan your markdown timing in advance.