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To markdown or not to markdown? On the day [of expiry date] or some days before? Merchandised in the aisle OR a dedicated markdown location? Labels and / or ESL's? To use dynamic pricing or a simpler fixed discount table?
This week Colin Peacock is joined by Richard Thaleman to tackle the challenges of markdown strategies.
They discuss when to apply markdowns, where to display discounted items, and how different pricing approaches and technologies like ESLs impact sales, profitability, and food waste reduction.
Hosted on Acast. See acast.com/privacy for more information.
To markdown or not to markdown? On the day [of expiry date] or some days before? Merchandised in the aisle OR a dedicated markdown location? Labels and / or ESL's? To use dynamic pricing or a simpler fixed discount table?
This week Colin Peacock is joined by Richard Thaleman to tackle the challenges of markdown strategies.
They discuss when to apply markdowns, where to display discounted items, and how different pricing approaches and technologies like ESLs impact sales, profitability, and food waste reduction.
Hosted on Acast. See acast.com/privacy for more information.