47% of consumers associate out-of-stock items with a bad shopping experience, and 63% will seek an alternate store for purchase.
Offer new product and assortment offerings.
To stay loyal to a retailer, 53% of consumers reported new and exciting products and assortment with personalized offers are essential.
Gain a consistent view of pricing and margins.
When browsing, 55% of shoppers are compelled to purchase when they find a great price on a product they have wanted to try.
Drive customer engagement with targeted promotions.
When choosing a fashion retailer, 72% of shoppers sometimes, frequently, or always choose based on earning loyalty points or discounts from purchases.
How can fashion retailers thrive?
Build up your strategies for managing distressed inventory and markdowns, gaining insights into customers, and improving inventory accuracy to increase margin and sales conversion.
Manage distressed inventory
How do you allocate backroom stock? How do you fill store racks at the most optimal levels to increase margins?
Renowned fashion retailer modernizes Mexican operations to keep pace with seasonal fashion collections and delight customers with merchandise financial planning.