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
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.