Keeping up with today’s shoppers is driving retailers into a tailspin. The threat of missing sales and carrying excess inventory causes many retailers to run multiple discounts on a daily basis – 30% to 40% off with an additional 20% for no rhyme or reason. It’s an addiction. The impact of such discounting strategy? Stagnant sales growth at the cost of shrinking profit margins and diminishing brand value.
Put an end to margin-eroding discounts. Download this ebook to learn how you can achieve inventory sell-through boosts, sales units/volume increases, and profitable growth.
Revionics’ intuitive and transparent cloud-based solutions enable performance-driven retailers globally to leverage predictive analytics and build a shopper-centric, responsive merchandising model that creates a sustainable competitive advantage with a clear path to profit. Learn more.