Assortment Planning and Merchandise Strategy
A robust assortment plan
is at the heart of managing limited edition accessories. This planning involves selecting the right mix of products, considering factors like seasonality, fashion trends, and customer preferences. For limited edition items, it's about carefully curating the collection to create a buzz.Merchandise planning
is equally essential. This involves analysing sales data, customer behaviour, and market trends
. With limited edition items, historical data might not be as relevant, so it's essential to adapt and rely on demand forecasting models. This predictive analysis can help you make informed decisions about what, how many, and where to stock these unique accessories.