Saturday, November 16, 2013
Garang Pictures
Work Tales - Xmas Clearance – Ursula is such a genius! I have a lot of aging stocks in my department; majority of them are from the previous Christmas old stocks. These are the leftovers seasonal deco. Christmas merchandise is slightly more challenging as the time frame is short and the stocks (unlike stationery) cannot be sold all year long. I don’t know how (previously) Leonardo or Jonas cleans up these old lists; whether there was any special formula or special mechanics for it. But the way Ursula sells the whole clearance story to The General is using from the Age perspective point of view. For example, let’s go drastic on the markdowns for the stocks that were brought in since 2009, 2010 and 2011. It is not healthy to keep these stocks that are 4 years old. This point is already strong enough to convince anyone. Instead of stating how much stock value that we have on hand, how much stock value that is already under the flat price format, how much stock value that is not under the flat price format yet, how much investment to go further etc. Brilliant!
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