The Strategic Threads: Understanding the Nuances of Merchandise Planning

𝘞𝘩𝘢𝘵 𝘪𝘴 𝘔𝘦𝘳𝘤𝘩𝘢𝘯𝘥𝘪𝘴𝘦 𝘗𝘭𝘢𝘯𝘯𝘪𝘯𝘨? 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 𝗣𝗿𝗼𝗱𝘂𝗰𝘁 𝗔𝘀𝘀𝗼𝗿𝘁𝗺𝗲𝗻𝘁.This means Read more…

Mastering Jewellery Inventory: Keys to Profitability and Customer Satisfaction

There are several challenges that a jewellery retailer may face: 1. 𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝗼𝗻: 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. 𝗣𝗿𝗶𝗰𝗲 𝘀𝗲𝗻𝘀𝗶𝘁𝗶𝘃𝗶𝘁𝘆: jewellery can be a significant purchase for many consumers, and price Read more…