Question: make recomendation based on: 2. Based on the outdate set by the buyer, the collections that should receive a POS markdown are the Tropical Jungle,

make recomendation based on: 2. Based on the outdate set by the buyer, the collections that should receive a POS markdown are the Tropical Jungle, Beach Life, and Summer Transition collections based on their WOS's. Both collections WOS's exceed the buyers outdate and, therefore should receive POS markdowns to assist in getting the inventory of these collections completely sold out. 3. The suggested POS promotion should start as a 25% off this weekend-only sale to create a sense of urgency for the product. Depending on how that sale goes, the buyer may want to set the markdown as 30% off until more inventory sells, and then maybe continue to a BOGO deal once there is less inventory depending on how previous sales go. 4. The projected sales and units for the Tropical Jungle collection will be $18,123.75 and 270 units. The projected sales and units for the Beach Life collection will be $42,001 and 776 units. The projected sales and units for the Summer Transition collection will be $11,100 and 400 units. 5. If you're planned markdown dollars for the week are $40,000, you would expect to be under the plan for the Tropical Jungle collection, over the plan for

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!