Remove Jewelry Remove Markdowns Remove Planning Remove Returns
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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. The computations incorporate the net costs of discounts, returns, landed COGS, acquisition and retention marketing spend, and fulfillment and delivery.

Markdowns 199
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7 Expert Tips Guaranteed to Reduce Inventory Costs (2020)

Retalon

But getting the biggest return on that investment, especially in today’s tough retail environment, requires a more nuanced, data-driven approach to inventory management than most retailers are used to. They quickly learn to time their purchases for the inevitable markdowns rather than buying products during the main lifecycle.

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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. That’s why fashion retail planning and analytics software needs to be unique and specific to fashion, with the ability to break down business considerations even further than that.

Fashion 41
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15 Things to Do RIGHT NOW to Get Your Store Ready for Holiday 2020

Retail Adventures

Making the Golden Quarter work for you requires careful planning that, but even if you haven’t laid the groundwork for a big finish throughout the year, you can still reap the benefits of a solid holiday season. This year consider the following in your Golden Quarter planning: 1. Both of these retailers offer good plans.

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11 Things to Do RIGHT NOW to get Your Store ready for Holiday 2022

Retail Adventures

Making the Golden Quarter work for you requires careful planning. Plan a monthly sales goal and set daily targets for sales, and even for specific products. It just makes sense to have a plan of action. Include after-holiday plans too, including required floor moves and décor that needs to come down. It’s almost here.

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12 Critical Retail Industry Performance Metrics (2020)

Retalon

In particular, effective promotion planning depends on having accurate measurements of In-Stock Percentages. 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. This avoids markdowns that cut into profit margins.