The Strategic Threads: Understanding the Nuances of Merchandise Planning

𝘞𝘩𝘒𝘡 π˜ͺ𝘴 π˜”π˜¦π˜³π˜€π˜©π˜’π˜―π˜₯π˜ͺ𝘴𝘦 π˜—π˜­π˜’π˜―π˜―π˜ͺ𝘯𝘨? Merchandise planning is like picking out the clothes you want to wear.Store owners want to make sure they have the right clothes in their store for people to buy.So, they plan by looking at different parts of the process. 1️⃣ One part is π—£π—Ώπ—Όπ—±π˜‚π—°π˜ π—”π˜€π˜€π—Όπ—Ώπ˜π—Ίπ—²π—»π˜.This means Read more…

Mastering Jewellery Inventory: Keys to Profitability and Customer Satisfaction

There are several challenges that a jewellery retailer may face: 1. π—–π—Όπ—Ίπ—½π—²π˜π—Άπ˜π—Άπ—Όπ—»: There is a lot of competition in the jewellery industry, and it can be difficult for a retailer to stand out in the market. 2. 𝗣𝗿𝗢𝗰𝗲 π˜€π—²π—»π˜€π—Άπ˜π—Άπ˜ƒπ—Άπ˜π˜†: jewellery can be a significant purchase for many consumers, and price Read more…