Remove Markdowns Remove Promotions Remove Visual Merchandising
article thumbnail

Inventory Management Tips for Retailers to Reduce Overstock and Increase Profits

RETAIL MANAGEMENT SOFTWARE

Whether you’re selling sneakers, sofa sets, or fine jewelry, carrying too much stock ties up cash, eats up space, and leads to markdowns. Reprice or Bundle with High-Movers When visual merchandising isn’t enough, pricing adjustments come next. A new context can turn a stale item into a must-have.

article thumbnail

What Are Trade Promotions and How Can You Make Yours a Success?

Wiser

Every retailer has multiple brands that are vying for shelf space and promotional efforts. It’s critical that you promote your brand to retailers so they choose to favor you over the crowd. Trade promotions are one of the best ways to do that. What is a Trade Promotion? Trade promotions can take several different forms.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Try-On Data Unlocked: Driving In-Store Analytics for a Smarter Retail Experience

Retail TouchPoints

From the art of visual merchandising (VM) to the subtle science of store layout, many of the best decisions were historically guided by experience, gut instinct and the occasional stroke of genius. If one stores best-selling sweater lags at another, you can shift stock accordingly and reduce markdowns.

article thumbnail

5 Ways Agentic AI Is Powering Smarter Retail Operations

RETAIL MANAGEMENT SOFTWARE

Dynamic Pricing and Markdown Optimization Setting the price too high will drive away customers while setting it too low will erode your profits. It also suggests markdowns that clear slow-moving stockwithout hurting margins. Retail Impact: Higher revenue per product Reduced dead stock More strategic promotions 3.