Retail markdown optimisation can help you get retail markdown right. Weakening demand has placed even more importance
on moving surplus stock, while the diversification of facias and channels means modern retailers face increasing
complexity in making markdown decisions. Manual markdown relies on individual intuition and leaves you open to severe
How can I increase profits and manage lines more effectively by optimising retail markdown?
Our optimisation solution gives you the knowledge to determine which items should be marked down, by how much, when, and in which markets, stores or store clusters. It allows you to be proactive. Not just in shifting lines more effectively, releasing capital and space for new lines, but in realising significant lifts in demand and profitability.
Our approach lets you base analysis on inventory levels, base sales volume, price elasticity and local demand. It enables you to implement optimum pricing at the local market level to maximise revenues and profitability while meeting end-of-season inventory goals. And produces competitive advantage by letting you spot any deviation instantly, increasing the speed and accuracy with which your store can react.
How SAS can help:
Ready to learn more?
Call us at 01628 486 933 (UK) or request more information.
Getting Back to Good: Retail Pricing 2010