Wiser

APRIL 10, 2023

Too wide and you’ll end up with leftover dead stock. Successful retail assortment strategies will take many different factors into account, such as customer base, location, store capacity, etc. This way you can rely on regular purchases with little worry of retaining dead stock.

Dead-Stock 145

Dead-Stock Store Layout Visual Merchandising Planning 145

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. Markdowns are used to temporarily increase demand for low-demand products, ideally long enough to sell through all stock.

Markdowns 41

Markdowns Dead-Stock Promotions Bundled Pricing 41

Retail Next

OCTOBER 17, 2019

If you’ve already got an online customer base, reach out to them through regular email marketing. 3 – Create promotional offers. Promotional offers are commonplace for e-commerce businesses, but not enough brick-and-mortar stores focus on this strategy. Stocking exclusively in-store products. Final thoughts ….

Payment Services 52

Payment Services Dead-Stock Promotions Consumer 52

Retalon

NOVEMBER 2, 2021

This was possible because: Talented labor in other countries was cheaper than domestic workers Overseas factories began producing high-quality products at lower prices Consumers wanted goods to be equally attainable for all financial classes Increased margins allowed retailers to stock more inventory and carry larger assortments.

Supply Chain Management 41

Supply Chain Management Dead-Stock Markdowns Shipping 41

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. How to you distribute/allocate inventory to stores while considering dozens of factors such as geo-demographic diversity, store capacity, consumer demand, local promotions, and special/rare events (eg.

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Retalon

DECEMBER 22, 2014

The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. How to you distribute/allocate inventory to stores while considering dozens of factors such as geo-demographic diversity, store capacity, consumer demand, local promotions, and special/rare events (eg.

Dead-Stock 32

Dead-Stock Promotions Fulfillment Markdowns 32

Wiser

AUGUST 25, 2023

I am the senior director of marketing at Wiser Solutions. She is our in-store product marketing manager extraordinaire, and she’ll do some more formal intros and take over. And also, there’s Bruce Nagle, VP of Market Development and former founder of RW3, a second retail execution platform acquired by Wiser in 2021.

Suggestive Selling 78

Suggestive Selling Management Accounting Marketing 78