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- Price_markdown abstract "The velocity (rate of sale) of an article, typically for clearance at the end of a season, or to sell off obsolete merchandise at the end of its life.The timing and level of markdowns in a selling season is critical to maximising return on sales. This is often measured as revenue realization: the proportion of the potential original selling price achieved. For example, a revenue realization of 50% means that only half the potential full-price sales value was achieved by the end of the season. It is also important in minimizing terminal inventory, i.e. the amount of merchandise left when the season is finished.A recent trend has been to use Demand Optimization software to establish the most desirable timing and level of markdown. Optimization techniques can be used to determine where the best combination of revenue realization and terminal inventory is going to come from, for example, comparing a tactic of low-level markdowns from early in the season against one of later, deeper reductions.Markdown strategy is referred to as "Markdown Optimization".".
- Price_markdown wikiPageID "5288582".
- Price_markdown wikiPageLength "1231".
- Price_markdown wikiPageOutDegree "6".
- Price_markdown wikiPageRevisionID "677264303".
- Price_markdown wikiPageWikiLink Category:Pricing.
- Price_markdown wikiPageWikiLink Category:Sales_promotion.
- Price_markdown wikiPageWikiLink Closeout_(sale).
- Price_markdown wikiPageWikiLink Demand_Optimization.
- Price_markdown wikiPageWikiLink Demand_optimization.
- Price_markdown wikiPageWikiLink Operating_margin.
- Price_markdown wikiPageWikiLink Product_life-cycle_management_(marketing).
- Price_markdown wikiPageWikiLink Product_lifecycle_(marketing).
- Price_markdown wikiPageWikiLink Return_on_sales.
- Price_markdown wikiPageWikiLinkText "price markdown".
- Price_markdown hasPhotoCollection Price_markdown.
- Price_markdown wikiPageUsesTemplate Template:Unreferenced.
- Price_markdown subject Category:Pricing.
- Price_markdown subject Category:Sales_promotion.
- Price_markdown type Article.
- Price_markdown type Article.
- Price_markdown comment "The velocity (rate of sale) of an article, typically for clearance at the end of a season, or to sell off obsolete merchandise at the end of its life.The timing and level of markdowns in a selling season is critical to maximising return on sales. This is often measured as revenue realization: the proportion of the potential original selling price achieved. For example, a revenue realization of 50% means that only half the potential full-price sales value was achieved by the end of the season.".
- Price_markdown label "Price markdown".
- Price_markdown sameAs m.0dcs6t.
- Price_markdown sameAs Q7242616.
- Price_markdown sameAs Q7242616.
- Price_markdown wasDerivedFrom Price_markdown?oldid=677264303.
- Price_markdown isPrimaryTopicOf Price_markdown.