Retail TouchPoints

NOVEMBER 25, 2020

Like many brands dealing with COVID-19, DTC jewelry brand Mejuri was forced to focus intently on its online operations this year. The company decided to invest in technology that would help it harness the power of data to improve its customer insights and the shopper experience. “At

Markdowns 248

Markdowns Fulfillment Shipping Marketing Spend 248

Retalon

OCTOBER 8, 2020

And at the end of the sales season (or at the end of a product’s lifecycle), markdowns you set to clear out excess inventory can easily wipe out the product’s lifecycle profitability. They quickly learn to time their purchases for the inevitable markdowns rather than buying products during the main lifecycle.

Markdowns 41

Markdowns Inventory Management Promotions Planning 41

Retalon

MARCH 2, 2021

Jewelry retailers need to determine the right assortment mix that offers a good selection while having the right depth of inventory for each SKU. Retalon automatically suggests the optimal size distribution for all fashion products to make sure they are not left with fringe sizes at the end of the season significantly reducing markdowns.

Fashion 41

Fashion Markdowns Promotions Accounting 41

Retalon

OCTOBER 20, 2014

the largest privately owned jewelry retailer in America, has implemented Retalon’s Inventory and Assortment Management solution to maintain product assortment and inventory levels across all channels. We have thousands of jewelry products and loose gemstones that all have a unique SKU number,” said Tom Shane, the Chairman of Shane Co. .”

Jewelry 32

Jewelry Inventory Management Markdowns Management 32

Retalon

OCTOBER 20, 2014

the largest privately owned jewelry retailer in America, has implemented Retalon’s Inventory and Assortment Management solution to maintain product assortment and inventory levels across all channels. We have thousands of jewelry products and loose gemstones that all have a unique SKU number,” said Tom Shane, the Chairman of Shane Co. .”

Jewelry 32

Jewelry Inventory Management Markdowns Management 32

Retail Adventures

AUGUST 25, 2021

Choose impulse items like candles, costume jewelry, and body lotions. Don’t wait too long to take a markdown. becomes customer-friendly when changed to “We gladly accept returns and exchanges within days. Your receipt guarantees it.” Place a variety of impulse items at the cashwrap. High margin, inexpensive items work best.

Returns 83

Returns Cross Merchandising Promotions Marketing 83

Retail Adventures

AUGUST 16, 2022

Think of your cashwrap as another important display area and tastefully load it up with candles, accessories, jewelry – anything that will appeal to an impulse shopper. Be prepared for markdowns and returns. Remember that the first markdown is always the cheapest one to take, so take a deep breath and price to sell.

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Markdowns Advertising Planning Cross Merchandising 52