HUECLectPPT2-3bb

HUECLectPPT2-3bb - Copyright 2009 Fairchild Books All...

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Copyright ©2009 Fairchild Books All rights reserved. No part of this presentation covered by the copyright hereon may be reproduced or used in any form or by any means–graphic, electronic, or mechanical, including photocopying, recording, taping, or information storage and retrieval systems–without written permission of the publisher. ISBN: 978-1-56367-958-2 GST R 133004424
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Unit I Merchandising for Profit
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Part III How To Increase Profits
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Part III. How To Increase Profits 1. Increasing Profits (See Approach 1, page 37) Price merchandise competitively Analyze regional customer preferences to achieve proper assortment Respond quickly to product performance Minimize out of stock items Control amount of timing of markdowns ©2009 Fairchild Books, A Division of Condé Nast Publications. 4
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Part III. How To Increase Profits 2. Decrease cost of goods (See Approach 2, page 38) Sell a larger proportion of higher markup goods Develop and maintain vendor relationships that result in
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HUECLectPPT2-3bb - Copyright 2009 Fairchild Books All...

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