Accessories Markdowns Marketing Promotions 
Wiser
APRIL 7, 2020
Altering your price, particularly through markdowns, can be a smart strategy, but only if done correctly. Unsuccessful or excessive markdowns can lead to staggering losses in terms of missed revenue and a lower margin on your goods. What are Retail Markdowns? How to Implement a Markdown Strategy. Don’t believe us?
Retalon
APRIL 14, 2021
What is a retail markdown strategy? A retail markdown strategy is a plan that describes when and how certain products should go on markdown. Having a markdown strategy is important because, all too often, markdowns are a kneejerk reaction to end-of-life inventories. ” What are markdowns in retail?
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Inside Retail
MARCH 1, 2023
Rising materials and freight costs as well as stronger US dollar, inventory markdowns and higher promotion expenses have put pressure on margins in the sporting goods sector. per cent in the fourth quarter, the company said, citing an industry-wide increase in promotional activity on the back of high inventory levels in the market.
Inside Retail
MARCH 17, 2024
Core market Outland Denim’s target market is women aged 25-45. Melbourne is the biggest market for Outland Denim’s products, followed by Sydney and then Queensland. Bartle said one of the most powerful brand promotions is when people go out and talk about the product and how it’s made. he continued.
Wiser
AUGUST 3, 2017
Value and mid-market retailers tend to have giant red signs that take over their windows, websites, and marketing emails. These two types of brands often choose to go about retail promotions in different ways. Your competitive positioning is a key metric when planning retail promotions. Know Where You Fit in .
Inside Retail
MAY 30, 2024
Through a combination of advanced predictive analytics to precisely tailor its product offerings and a successful leveraging of its social media community, the company has carved out a small but steadily growing niche in the highly competitive athleisure market. In fact, that’s a large part of what drew Hirata to the brand.
Inside Retail
JUNE 30, 2023
Unfortunately, Nike is facing the headwind of slower demand for sneakers and apparel which is pushing down wholesale orders, driving up inventory, and necessitating more marketing and promotional efforts to drive volume. This has coincided with the usual cocktail of higher costs that is impacting all retailers.
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