Remove Apparel Remove Markdowns Remove Promotions Remove Returns
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How to Build Product Pages That Convert

Retail TouchPoints

Time-sensitive or exclusive items can be promoted on an aisle endcap. An item’s popularity or novelty can be communicated via badges that read “best seller,” “newly added,” or even “new markdown.” An exceptional product page can turn a passive “window shopper” into a returning ecommerce customer.

Checkout 277
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Why Nike’s China rebound is still up in the air

Inside Retail

That’s particularly true of the athletic footwear and apparel business in a growth market like China, where there are a lot of new entrants and the early movers are beginning to seriously sweat the competition. per cent in the APAC region as a whole and Greater China had “returned to growth” after “two years of declining business”.

Markdowns 147
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7 Expert Tips Guaranteed to Reduce Inventory Costs (2020)

Retalon

But getting the biggest return on that investment, especially in today’s tough retail environment, requires a more nuanced, data-driven approach to inventory management than most retailers are used to. They quickly learn to time their purchases for the inevitable markdowns rather than buying products during the main lifecycle.

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Realizing the Potential Business-Specific Analytics in Fashion Retail (2021)

Retalon

What channels do you promote through? How do you handle returns? Do you run promotions? Run a promotion last year that you don’t plan for this year? This has been the typical ineffective approach fashion and apparel retailers have taken for decades. What are your customer profiles? How seasonal is your business?

Fashion 41
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How to Effectively Forecast Demand fo New Products and Optimize for Launch

Retalon

Without historical data to draw upon, how do you predict the best way to allocate them to stores, pricing, promotional demand, and balance online versus in-store sales? Co-marketing funds you receive require investments in store merchandising and promotional campaigns. – all costly mistakes. What should initial pricing look like?

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How to Forecast Demand in Retail (2020)

Retalon

For example, most retailers order too much of the wrong products and then rely on discount promotions and clearance pricing to fix the resulting inventory problems. The demand forecast informs plans for more accurate product assortment decisions, promotional strategies, and more. Demand Forecasting Methodologies.

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The Order Fulfillment Process in 2022 and Beyond

Retalon

How complicated is the returns process? This includes everything from purchasing inventory to returns management. Textbooks don’t need to languish on shelves and be subject to drastic markdowns, while students are turned away at the out-of-stock university bookstore. What fulfillment options are available?