Remove ATS Remove Dead-Stock Remove Markdowns Remove Marketing
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5 Highly Effective Retail Markdown Strategies that Work in 2021

Retalon

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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7 Indicators You’re Managing Bad Inventory (and How to Fix It)

Retalon

So, a retailer who wants to gain the competitive edge while avoiding undue losses, needs to be able to spot the indicators of bad inventory and know how to fix them at the root. You’ve heard it referred to as, overstocks, write-offs, dead-stock, excess, spoiled, expired, and unsold. Drastic Markdowns.

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Content Amplification Engine Findmine CEO speaks frankly about Personalization, Marketing and how to amp up sales across the entire assortment.

The Retail Creative and Consulting Agency

And then you’re like, okay, marketing, let’s get, you know, a hundred thousand different messages out to these people. And marketing’s like, no, no. So that then you get a one-to-one story that’s possible without running your marketing team into the ground. Russo: Look at us getting so smart. What does that mean?

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The Future of Retail in the New Era of Risk

Retail Prophet

Indeed, the entire global shipping industry had seemingly run aground – if only metaphorically – as dock workers at many of the world’s largest ports reeled with the effects of the virus. While cotton could indeed be sourced elsewhere, the US had several distinct market advantages. America Ran on Dunkin’ Cotton.

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Sustainable Supply Chains in 2022 (and Beyond)

Retalon

To better understand why sustainable supply chains are so important, let’s take a quick look at how the retail and CPG industries have shifted in the past 2 decades. If they overstocked every SKU at every distribution center, they would simply go out of business. The globalization gravy train has stopped. More on that later.

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4 Critical Steps for Optimizing Omnichannel Order Fulfillment in 2021

Retalon

At its most basic, order fulfillment is the combination of steps required to get products into the hands of customers. This includes everything from storing inventory, processing orders, picking stock, shipping packages, and delivering orders to the end consumer. Will you deny returns at a store level? Emphasizing BOPIS.

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

There are several important trends at play: 1. The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. The right product, at the right place, at the right time for the right price. How do you calculate optimal safety stock levels?