What products should I focus my promotion strategy on according to the ABC classification?

[ayeshshiddika11]

Anonymous - Wednesday, September 06, 2023
Having identified the products that provide the most workload for the operators, they will place them in the most efficient places, to make the operations simpler.
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Ana Calixto - Thursday, August 03, 2023
Hello, how much time do you consider reasonable to consider to classify the inventory, since in my case, not all codes have the same consistency?
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Anonymous - Friday, October 21, 2022
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ChemaFemxa - Friday, October 21, 2022
Hello, I would say that you should focus on the products that generate the most value for you, that is, the 20% of products that account for 80% of the commercial value. In this group, you will be colombia phone data carrying out continuous stock reviews, so you will have more information than in other groups of items. Based on this, establish trends and apply your promotion strategies as you see how certain sales can increase. By establishing these exhaustive controls, you will also be able to verify that many of the products in group A work on their own because they are in their maturity cycle, and it may be worth promoting some others to get them to that point. Your knowledge of the trends in your market will determine the advertising and commercial dissemination needs.
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Miccheel - Saturday, October 22, 2022
Thank you so much!!
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Anonymous - Thursday, May 05, 2022
Could I change my annual inventory value reference to quarterly or bi-monthly? What would I gain by making those changes?
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