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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.

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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.

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

Wiser

Here are some of the most common types of trade promotions: Discounts and markdowns. Offering markdowns or discounts for specific channel partners could appeal to the most price-sensitive segment of their shoppers. In-store displays/visual merchandising. This is where the visual merchandising aspect comes into play.

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Shopping Your Competition for Fun and Profit

Retail Adventures

Are the displays neatly signed and is the merchandise clearly and competitively priced? o How does the retailer differentiate between full price and markdown merchandise? Where and how is reduced and clearance product merchandised: in its regular department or in a special clearance area? Is coverage adequate?

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11 Steps to Shopping Your Competition

Retail Adventures

Are the displays neatly signed and is the merchandise clearly and competitively priced? o How does the retailer differentiate between full price and markdown merchandise? Where and how is reduced and clearance product merchandised: in its regular department or in a special clearance area? Is coverage adequate?

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How to Shop Your Competition

Retail Adventures

Are the displays clearly signed and is the merchandise clearly and competitively priced? o How does the retailer differentiate between full price and markdown merchandise? Where and how is reduced and clearance product merchandised: in its regular department or in a special clearance area?

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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. This reduces overstocking and avoids lost sales due to out-of-stock issues.