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Mejuri Leverages Real-Time Profitability Data to Inform Decision-Making

Retail TouchPoints

Like many brands dealing with COVID-19, DTC jewelry brand Mejuri was forced to focus intently on its online operations this year. SoundCommerce allows us to track the exact impact of these variables on our profitability as we make real-time decisions regarding assortment, promotions, inventory, marketing and fulfillment.”

Markdowns 185
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Realizing the Potential Business-Specific Analytics in Fashion Retail (2021)

Retalon

Jewelry retailers need to determine the right assortment mix that offers a good selection while having the right depth of inventory for each SKU. What fulfillment methods are you offering? What sizes should you offer for each product at each location? They also offer trade-ins of used goods. What are your customer profiles?

Fashion 41
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12 Critical Retail Industry Performance Metrics (2020)

Retalon

Retailers must maintain a healthy In-Stock Percentage for every product at every store, in order to avoid out-of-stocks, lost sales, failed promotions, and costly markdowns. Moreover, a highly accurate demand forecast helps retailers ensure they bring the right amount of inventory to the right location. Why Measure Conversion Rate.

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Podcast: Leveraging Analytics For Omni-Channel Success

Retalon

Another thing that retailers are trying to do today is to monitor inventory in different locations. The reality today is they can do much more by balancing inventory between locations by satisfying online requests of customers directly from different locations and that basically allows them to use inventory much more efficient.