Delve into the mathematical strategies retailers use to maximize profits and attract customers during Black Friday. This workshop will explore how retailers decide which items to mark down, determine discount percentages, and assess the impact on overall profitability. Participants will engage in exercises that simulate retail decision-making processes, including pricing strategies, inventory management, and sales forecasting. Gain a deeper understanding of the financial and operational aspects of Black Friday, equipping you with insights into the retail industry’s biggest shopping event.
All participants will be required to have reliable internet access and a device with video and audio capabilities.
