Remove Location Remove Markdowns Remove Merchant Services
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Integrate Pricing, Promotions and Markdowns to Drive Profitability

Retail TouchPoints

But at the same time merchants’ margins are being squeezed, making intelligent pricing and promotions strategies even more critical for success. And by taking an integrated approach to pricing, promotions and markdowns, retailers can use a holistic data-driven strategy that uses the same science and is measurable for all teams.

Markdowns 321
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Let’s Move from Fast Promising to Smart Promising

Retail TouchPoints

As they begin to address these expectations, many retail IT teams are finding that the process is costly and complex. Today’s promise engines have gotten smarter about transit time, carrier rates, inventory location and other factors. Today, retailers are finding that too many dials makes the process unmanageable.

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How Smaller Assortments, Lower Inventory Levels Can Maximize Post-COVID Success

Retail TouchPoints

By creating narrower product assortments and limiting inventory levels — especially for product shipments headed to brick-and-mortar stores —merchants would gain the ability to react more quickly to changing consumer trends, and even potentially reduce their need for markdowns. It’s a different approach and a different thought process.

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The Order Fulfillment Process in 2022 and Beyond

Retalon

Why should retailers care about their Order Fulfillment Process? Order fulfillment may seem like a fairly straightforward process and according to the generic “high-level” definition, it is. In fact, the best order fulfillment processes become sources of revenue, profit, and even customer loyalty.

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Shopping Your Competition for Fun and Profit

Retail Adventures

It’s important because these visits help you keep your finger on the pulse of industry and community trends, customer service standards, and competitor offerings. Stop in each important area of the sales floor and watch shoppers, trying to see the merchandising and customer service through their eyes. Is it clutter free?

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Open to Buy Retail Planning Done Right

Retalon

We refer to these as Merchant-driven organizations. If you plan to mark down products at a certain stage of the product lifecycle, such as the last trimester of the season, you need to adjust the numbers to account for markdowns. In some organizations, the OTB (budget) serves more as a guiding or advisory tool.

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Open to Buy Retail Planning Done Right

Retalon

We refer to these as Merchant-driven organizations. If you plan to mark down products at a certain stage of the product lifecycle, such as the last trimester of the season, you need to adjust the numbers to account for markdowns. In some organizations, the OTB (budget) serves more as a guiding or advisory tool.