Retalon

AUGUST 16, 2019

Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. A luxury brand, for example, may offer a higher level of service to individual customers, but avoid things like items or prices particular to a region, so as not to dilute the brand value.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

AUGUST 16, 2019

Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns. A luxury brand, for example, may offer a higher level of service to individual customers, but avoid things like items or prices particular to a region, so as not to dilute the brand value.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retalon

AUGUST 2, 2019

Prices (markdowns, promotions, competitor prices, etc.). Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). POS data (sales, returns, etc.). Inventory levels (store, warehouse, distribution centers). Demand forecasts.

Merchant Services 32

Merchant Services Fulfillment Accounting Markdowns 32

Retail Smart Guys

JANUARY 28, 2023

Going over your inventory, finances, open-to-buy planning, etc., Aside from that, you can evaluate over-performing and under-performing stores, which can help balance your finances well. By doing this, we can reduce markdowns and enhance your profitability. Dealing with a single retail store can already be a handful.

Planning 52

Planning Markdowns Finance Location 52

Retail Smart Guys

FEBRUARY 14, 2023

Going over your inventory, finances, open-to-buy planning, etc., Aside from that, you can evaluate over-performing and under-performing stores, which can help balance your finances well. By doing this, we can reduce markdowns, speed up turns, and enhance your profitability. How much more if you need to handle multiple stores?

Planning 40

Planning Markdowns Finance Location 40

Retalon

JUNE 18, 2019

Keep in mind that promotions are not the same part of a product’s pricing lifecycle as Markdowns. In contrast, markdowns are permanent changes designed to clear inventories at the season’s end. Financing promotions can change a customer’s mental math.

Promotions 32

Promotions Markdowns Payment Services Inventory Management 32

Retalon

JUNE 18, 2019

Keep in mind that promotions are not the same part of a product’s pricing lifecycle as Markdowns. In contrast, markdowns are permanent changes designed to clear inventories at the season’s end. Financing promotions can change a customer’s mental math.

Promotions 32

Promotions Markdowns Inventory Management Payment Services 32

Retalon

JUNE 10, 2020

Therefore, it’s vital to create your own pricing rules and thresholds (discounts limited to certain product classes, maximum clearance markdowns, etc.) Promotions come in many shapes and sizes (including percentage discounts, dollar discounts, Buy-One-Get-One, bundles, free samples, financing, etc.). Optimize Prices for Each PLC Stage.

Planning 41

Planning Markdowns Promotions Accounting 41

Retalon

MARCH 3, 2020

Retalon is an award-winning provider of retail AI and predictive analytics solutions for planning, merchandising, inventory optimization, pricing, promotions and markdowns. About Retalon: . All Retalon solutions are built on one unified retail AI platform resulting in higher accuracy, increased automation, and significantly higher GMROI.

Payment Services 41

Payment Services Fulfillment Markdowns Finance 41