Planning Markdowns

This course will teach you about the pre-season markdown planning process. You will learn to use data analysis, merchandising strategies, and inventory management techniques to plan pre-season markdowns effectively.

Course outline

 
Course outline for the Planning Markdowns online course in the content library: Chapter 1 - Analyzing Markdown Performance; Chapter 2 - Merchandise Planning Process; Chapter 3 - Markdown Planning Goals; Chapter 4 - The Markdown Shift
 

Learning outcomes

  • Identify the factors influencing pre-season markdown planning, such as product performance, trends, and external factors.

  • Develop skills in creating forecasts, determining pricing strategies, and managing inventory to plan pre-season markdowns effectively.

  • Understand the critical industry issues and considerations when executing pre-season markdown planning, such as budget constraints, brand image, and the impact on customer perception.