Remove Location Remove Markdowns Remove Merchant Services Remove Promotions
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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. Now, it’s all about how you reach consumers through tailored promotions.” But Pavich noted that retailers shouldn’t price items based solely on these rules.

Markdowns 303
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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.

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Open to Buy Retail Planning Done Right

Retalon

We refer to these as Merchant-driven organizations. Anticipate the activities for the sales period: If you are aware of upcoming promotional activities, you’ll need to adjust to reflect demand accordingly. 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. Anticipate the activities for the sales period: If you are aware of upcoming promotional activities, you’ll need to adjust to reflect demand accordingly. In some organizations, the OTB (budget) serves more as a guiding or advisory tool.

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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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How Leading Retailers Do Merchandise Planning in 2023

Retalon

Retail merchandise planning is the strategic process retailers use to determine what products to stock, in what quantities, and where to allocate inventory across stores and e-commerce channels. For instance, a merchant may have a hunch that fluorescent tracksuits will trend this season.