Taking In-Season Markdowns
In this course, we'll review the process of in-season markdowns in fashion and retail, exploring the various factors that influence in-season markdowns and the impact of these markdowns on your business and the broader industry.
Course outline
Learning outcomes
Analyze sales data to identify products requiring markdowns and develop effective strategies.
Use pricing techniques and inventory management strategies to optimize in-season markdowns and maximize profitability.
Understand the critical industry issues and considerations when executing in-season markdowns, such as customer behaviour, market competition, and brand image.