Remove Bundled Pricing Remove Dead-Stock Remove Management
article thumbnail

5 Highly Effective Retail Markdown Strategies that Work in 2021

Retalon

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. And you know what they say — “what gets measured gets managed.”