Markdown Optimization
Maximize ROI through effective retail markdowns. Utilize real-time style performance and stock data for precise discount suggestions, boosting sales and maximizing margins.
2X
Improvement in ROS for tool-recommended discounted styles
6%
Margin improvements in fast-moving styles
2X
Increase in frequency of decision making
100%
Handling of in-season, event and old-season liquidation
Features
Manage your product markdowns efficiently to maximize ROI
SKU level discounting
Dynamic in nature
Price elasticity guides discount limits
Adjusts discounts to meet company-level targets
Flexible frequency for online/offline channels
Value we add
- Adjust discounts dynamically to minimize sales loss
- Enable rapid rollback on discounting if ROS doesn’t increase
- Facilitate flexible capping of the discount within different decision matrix combinations
- Implement style-level manual overrides for reordering and discounting decisions
Explore Similar
Latest Publications
Post-Diwali Strategies: How to Manage Post-Diwali Inventory
Beating the Diwali hangover in the world of retail can be a daunting task, especially the one that comes...
Retail Horror Stories: Killing the Ghosts of Retail with Increff
1. The Reality of Too Many or Too Few Orders
Problem:One of the biggest challenges in retail is striking...
How to put the customer at the center of everything you do to build great products, brands, and companies
Consumer science is the scientific method of forming hypotheses about customer behavior and then testing...
Achieving Supply Chain Excellence: A Guide to Inventory Planning with Increff
Inventory planning is a strategic process that businesses undertake to manage and control their stock...
Top 5 Articles for Understanding the Key Takeaways of 2023
As we wave goodbye to 2023, let’s reflect on the year’s most-read and insightful articles that have shaped...
Retail Planning Software - A Complete Guide
Inventory headaches, supply chain hiccups, promotions that flop, we’ve been there! It’s impossible to...
Top Benefits of Automated Replenishment Systems
Managing retail inventory is a juggling act. You’re constantly keeping tabs on stock levels, predicting...
A Guide to Markdown Optimization for Retailers
Markdown optimization is a total game-changer for any retailer as it helps in determining the right time...
Top 5 Reasons to Incorporate an OMS for Speedier Order Processing
With e-commerce emerging at lightning speed, a business’s most prioritized concern is meeting customer...
Merchandising Financial Planning Best Practices for Retailers
Financial planning is a really important activity for retail merchandisers. Proper retail budgeting,...