🤔 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 Style Arcade Templates found in the Reports Library 📚 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 the total markdown cost to the business and get approval to spend the $. Then you are ready to action the markdown in the 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! 😉