Clearance prices that protect margin
Seasonal and end‑of‑life stock has to go, but not at any price. Veritico PRICE proposes markdowns that clear the stock in time while keeping as much margin as possible. It runs on the pricing engine of our partner Yieldigo.
Where clearance loses margin
Markdowns too late
Stock is discounted when the season is over and only deep cuts help.
Markdowns too deep
Flat discount rules give away margin on items that would sell anyway.
No view of the impact
Markdown decisions sit in spreadsheets, so nobody sees what they did to profit.
How it works
How Veritico PRICE handles it
01
Stock to clear
Seasonal, end‑of‑life and slow‑moving items are identified together with the date by which they need to go.
02
Demand response
Expected sales at different price levels are estimated from demand and price elasticity.
03
Markdown plan
The system proposes when to mark down and by how much, starting early with smaller steps.
04
Approval and tracking
Planners approve the proposals and sell‑through is tracked against the plan.
Expected impact of Veritico PRICE
Margin on clearance
+1–0%
Veritico PRICE in practice
Automated stock and promotion planning for Jednota Mikulov
Jednota Mikulov replaced manual order management with Veritico STOCK and Veritico PRICE, raising product availability from 96% to 98% and cutting order creation time by 90%. Customers experience fuller shelves and better planned promotions while store staff spend far less time on administration.
Product availability improved from 96% to 98%
Inventory turnover time decreased by 8%
Time needed to create orders shortened by 90%
Related solutions
The Veritico PRICE module: regular prices and markdowns.
Regular prices in line with your pricing strategy.
The discount that pays for itself.
Questions about markdowns
Yieldigo, our technology partner. Logio implements Veritico PRICE, connects it to your data and supports it.
Yes. Markdowns can follow demand and expiry risk, so short‑life items are discounted early instead of written off.
Book a Veritico PRICE demo
Tell us how you set prices and markdowns today. We’ll show you Veritico PRICE and how it would connect to your data.