5 Highly Effective Retail Markdown Strategies that Work in 2021
Retalon
APRIL 14, 2021
Markdowns are used to temporarily increase demand for low-demand products, ideally long enough to sell through all stock. Although markdowns can have a similar sales uplift to a promotion, the purpose and approach of these two pricing events are very different. Markdowns are caused by excess inventory at the end of a selling season.
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