Increase sell-through and profits while delivering discounts that customers seek
Best of breed retailers are operationalizing inventory fluidity to both reduce lost sales and raise margins in how they fulfill demand. However, doing this without an understanding of future price effects risks offsetting margin and sales gains. David Barach provides a short overview how retailers can capitalize on this with antuit.ai, while avoiding a quagmire being overwhelmed by individual detail decisions.
Watch the 1-minute summary video.
A global footwear & apparel retailer implemented Markdown Optimization to localize pricing, avoid aged-inventory, and adjust to a shifting market. The immediate financial payback justified the investment: increase in sell-through, margins, and AUR by 10%, 6%, & 3%, respectively. Reducing the markdown workload was life-changing for the users. That’s sustained success.