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How do you ensure that the merchandise assortment is well-balanced in terms of price range, styles, and sizes?

• garrone
• 0
• Posted on June 1, 2024

Sample interview questions: How do you ensure that the merchandise assortment is well-balanced in terms of price range, styles, and sizes?

Sample answer:

To ensure a well-balanced merchandise assortment in terms of price range, styles, and sizes, consider the following:

Price Range:

• Conduct market research to determine the target customer’s disposable income and spending habits.
• Offer a range of price points to cater to different budgets, from affordable to luxury.
• Create a tiered pricing strategy to segment products based on perceived value and exclusivity.

Styles:

• Analyze the latest fashion trends and consumer preferences.
• Develop a merchandise mix that includes both classic and contemporary designs.
• Offer a variety of silhouettes, patterns, and colors to appeal to diverse tastes.

Sizes:

• Conduct inventory audits to identify any gaps in size availability.
• Ensure a comprehensive range of sizes, including petite, regular, plus-size, and extended sizes.
• Consider offering custom-sizing options for optimal fit and customer satisfaction.

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