Wiser

NOVEMBER 12, 2019

As stated above, consumers love saving money and getting more bang for their buck, so bundling is an excellent incentive to buy more—thus driving up sales for the retailer. It’s also a good strategy to improve customer loyalty, as bundles can be viewed as perks or rewards. One bundle could be the phone plus earbuds.

Bundled Pricing 98

Bundled Pricing Checkout Consumer Point of Sale 98

Retalon

APRIL 14, 2021

A retail markdown strategy is a plan that describes when and how certain products should go on markdown. 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. ” What are markdowns in retail?

Markdowns 41

Markdowns Dead-Stock Promotions Bundled Pricing 41

V Count

OCTOBER 5, 2022

However, running a retail store and aiming for a higher profit margin requires not just planning but also a lot of hard work. You may want to sell more of these items or promote them more prominently in your store. Be smart on your pricing strategy. Is there room to increase prices without pricing yourself out of the market?

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52