5 Highly Effective Retail Markdown Strategies that Work in 2021
Retalon
APRIL 14, 2021
A markdown is a permanent price decrease for a product that is at the end of its lifecycle (or “seasonality”). Markdowns are used to temporarily increase demand for low-demand products, ideally long enough to sell through all stock. For example, they can keep their prices high when competitors are out of stock.
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