Merchandise planning is simply the process by which a retailer offers the correct quantity of the right merchandise in the right place at the right time that meets the company’s financial goals. And yet, so many bike retailers are lacking this fundamental foundation of retail.
In Mann U: Assortment Planning, The Mann Group will present the easily implementable formula for inventory used by successful, quality retailers across the country. “It’s not revolutionary, it’s just what the retail world at large already does,” explains Dan Mann, President and Founder, who will host the two Mann U lunch sessions. “This course is designed to help you become a great retailer by following basic disciplines around assortment planning.”
In Mann U, you’ll identify the unique challenges of assortment planning in the bike industry—like seasonality, apparel deliveries, model year, and brand expectation—and master the techniques to curb them. You’ll leave with a thorough understanding of the unique nature of assortment planning in the industry and mistakes to avoid in your own store.
And of course, you’ll receive the tools to implement effective assortment planning. Learn how to:
predict trends.
accommodate for market slumps.
arrange an in-season strategy.
generate an effective retail planning cycle.
craft a merchandising plan that works for your shop.
When you return to your store, you’ll have practical, adaptable agenda to follow throughout the retail cycle.