Markdown Optimization PlanR
Markdown is a decrease in retail price of goods made by retailers with the intent of increasing demand needed to clear stock by the end of the season.
So, when an item is performing slower than planned, a markdown needs to be considered to mitigate loss. The question is when should you do the markdown and how much?
Our solution, the Markdown Optimization service, provides the best answer for that.
It helps you find the best timing and best decrease in retail price in order to maximize profit while clearing goods until a pre-defined date.
We take full charge of the initiation and the set up of our solution as a service, it’s quick to implement and brings fast ROI.