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Trade Promotion vs Consumer Promotion: A Comparative Analysis

Wiser

Trade spend is employed in trade promotion in several ways: Discounts and Special Offers: Brands often provide markdowns on their products to retailers. Cooperative Advertising: This involves brands contributing toward the advertising costs of a retailer.

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7 Tips for Wholesale Inventory Management

Independent Retailer

Offer Promotions & Product Markdowns. This is not a bad option if you plan to keep a long-term relationship. Offer Promotions & Product Markdowns. Dynamic pricing, promotions, and markdowns are strategic ways to tackle inventory management, according to Nari Viswanathan, Senior Director of Supply Chain Strategy at Coupa.

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eCommerce Pricing: How to Price for Marketplaces vs. Your Website

Wiser

It’s viable for your own website because you have fewer restrictions from the marketplace and more digital real estate to advertise, promote, and explain your strategy. On your own website, the options are nearly endless for how you want to package, advertise, and bundle your assortment—and which pricing strategies you want to use.

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15 Tips to Succeed as Brick-and-Mortar Retail Reopens

Wiser

Log on to social media, buy advertisements, post notes on your door, and spread the word that you’re coming back. Make sure everyone knows the plan—and is able to execute that plan—to ensure that you’ve got merchandiser support when you need it. 4: Use Promotions and Markdowns to Move Seasonal Inventory.

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How to Treat Pricing Like a Brand Guardian

Wiser

They’ll know you’ll treat them right if something goes wrong and that your products or services will work as advertised. Are the plans that you made in step one making their way to the shelf? This is a common breaking point for any business—the best plans tend to fall apart once it comes time to actually execute them.

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Mi9 Retail and Planalytics Partner to Improve Demand Forecasting Accuracy and Increase Profitability for Retailers by Incorporating Weather Analytics

M19 Retail

MIAMI, FLORIDA, March 22, 2021 – Mi9 Retail, the number one vendor for tier one retailers (RIS 2021 Software LeaderBoard) that enables them to automate and optimize merchandise management and retail planning is pleased to announce a strategic partnership with Planalytics, the leading provider of weather-informed demand analytics and insights.

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50 Ideas to Spin the Doors on Your Stores!

Retail Adventures

Don’t wait too long to take a markdown. Use your bag stuffers to advertise specific product, events or whatever is important that particular week. Do not confuse a major event with something that takes a long time to plan. Minor events draw customers to your store but should not take a lot of time to plan or implement.