Retail

Diposkan oleh Zainal Arifain

Retail


RPS Is King

Posted: 15 Jul 2011 01:41 PM PDT

I bet you were thinking about Rock Paper Scissor right? That sounds like a lot of fun but I was actually referring to RPS - Regular Price Selling. When I was a buyer for Bloomingdale's, my planner and I looked at the RPS report every single week. It was like our "Bible" in determining how we distributed our product buys to each of our store locations every single month. Why is this so important? Before we can dive into why your RPS is so important, let's go over your sell-thru percentage.

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