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8 key points to master your range planning

Inside Retail

If black long-sleeve tops are currently selling, well then you want to ensure you have more of this product coming or you’ll miss a sales opportunity. Conversely, you don’t want to be over-optioned in one particular colour. Pricing & margins. If an item is priced too high the customer won’t buy it, simple.

Planning 130
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How To Upsell Your Products To Consumers Through Marketing

RetailMinded

Finding effective ways to increase revenue and maximize the value of each customer interaction is essential for eCommerce businesses. Upselling is a sales technique where a business persuades a customer to purchase a higher-priced or more feature-rich version of a product or service than the one initially considered. What Is Upselling?

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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

Welcome back, retail enthusiasts! One of the topics that consistently comes up in the retail world is the logistics of shipping. From the manufacturers to the distributors, to your retail store – there are many factors and unexpected costs to consider during the shipping process that can be often overlooked.

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What is Recommerce and How Does it Work?

Parcel Pending

The new term on every major retailer ’s lips is recommerce. This blog takes a deep dive into what recommerce is, how it works, why it’s so popular, and why retailers are jumping into this resale pool. . The explosive growth of growing demand in the resale market is causing a head whip effect by retailers.

Apparel 52
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5 ways crowdfunding can get you through the shipping crisis

Retail Bound

The global shipping industry has operated in a harmonious dance of infinite moving parts for decades, but all it took was one virus-sized domino to fall over and throw the global trade infrastructure into chaos. As of now (Sept 2021), the market price for one 40 ft. It’s a complex situation with no clear-cut answers.

Harmony 52
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Why Editorial Brands Will Dominate Retail’s ‘Long Tale’

Retail Prophet

When the financial crisis hit, he took a severance package and enrolled in Columbia Journalism School, where, in his spare time, he launched Hodinkee, a simple blog for wristwatch aficionados. Retail’s Long Tale. By Doug Stephens. This article originally appeared on The Business of Fashion. Hodinkee’s content spread like wildfire.

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Why Editorial Brands Will Dominate Retail’s ‘Long Tale’

Retail Prophet

When the financial crisis hit, he took a severance package and enrolled in Columbia Journalism School, where, in his spare time, he launched Hodinkee, a simple blog for wristwatch aficionados. Retail’s Long Tale. By Doug Stephens. This article originally appeared on The Business of Fashion. Hodinkee’s content spread like wildfire.