Retalon

APRIL 14, 2021

What is a retail markdown strategy? A retail markdown strategy is a plan that describes when and how certain products should go on markdown. Having a markdown strategy is important because, all too often, markdowns are a kneejerk reaction to end-of-life inventories. ” What are markdowns in retail?

Markdowns 41

Markdowns Dead-Stock Promotions Planning 41

Wiser

JULY 14, 2020

Ideally, your pricing strategy will take into consideration all of these internal and external factors and find a strategy that maximizes your long-term growth and profit. While you may have to make short-term pricing decisions, such as markdowns or discounts, your pricing strategy should have a longer time horizon in mind.

Bundled Pricing 128

Bundled Pricing Markdowns Consumer Marketing 128

Retalon

MARCH 9, 2021

Low prices, while more accessible, could permanently mark the product as a commodity. Pricing determines your long-term profitability. Low prices leave little room for promotions or end-of-lifecycle markdowns. High prices generate higher per-unit margins but may constrain top-line revenue. Bundle pricing.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

V Count

OCTOBER 5, 2022

If you’re mostly targeting price-sensitive retailers, consider this strategy instead. In short, competitive pricing is when you keep prices lower than your competitors. Bundle pricing. Premium pricing. This is when you keep your prices higher without thinking of making them low.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52