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πŸ€‘ Markdown Planning
πŸ€‘ Markdown Planning

Review which products require a markdown.

Updated over 8 months ago

πŸ€” Questions to answer:

  • Do you need to free up open to buy to invest in new styles?

  • What's not selling and is now considered aged

  • What has broken sizes?

  • Do any products need to be excluded?

  • What discount rate will accelerate sell through?

To answer all of your questions above and more, here are some Templates found in the Templates Library πŸ“š to get you started:

  • Markdown products above 50% off

  • What products could I markdown?

  • What’s new and not selling?

  • Highest returned products

  • New products with broken sizing

Once you have done your analysis and have prepared your proposals, summarise total markdown cost to business and get approval to spend the $. Then you are ready to action the markdown in system to the new sale price and see those products start moving! 🀩


Got any questions? Feel free to reach out to our in-app chat for assistance! πŸ˜‰

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