artisans Commerce Cloud’s Post

Learning from Walmart. One of their best moves is Everyday Low Prices (EDLP) EDLP is not something that can work with all retailers. It depends on your niche and target customers But, for Walmart, it has been tremendously successful. 😍 Customers don't need to wait for special sales or promotions. They know they are always getting a good deal. ✌ It has also simplified Walmart's operations, as there is no need for frequent price changes and promotions. 📈 They work at higher sales volumes resulting in better inventory turnover. How's that for you? #RetailTips #RetailGrowth #Walmart 𝗕𝗼𝗻𝘂𝘀: Handpicked Lines from the book 'Sam Walton: Made in America': https://lnkd.in/gCrNnDpt --- ⬆️ Click on company name + follow + 🔔 for more tips on achieving retail excellence!

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