Jewelry Retailer Swarovski Increased Profits by 8% in Just 4 Weeks with Advanced Merchandising
Swarovski is an omnichannel retail brand under the umbrella of YALON -- the official representative in Israel of the global Swarovski company.
29%
Reduction of Non-Moving Inventory
18%
Increase in Overall Conversion Rates
8%
Increase in Profits over Four Weeks
The Challenge
Swarovski needed to push their slow-moving inventory without decreasing exposure to bestsellers.
The Solution
Kimonix built a new, tailored sorting strategy for each collection using multiple advanced parameters simultaneously.
The Results
After four weeks, Swarovski saw a 29% reduction in non-moving inventory, an 18% increase in conversion rate, and an 8% profit increase.
Conclusion
What Swarovski Says
“Kimonix is a truly amazing product. It helped us increase conversion rates by 18% and reduce non-moving inventory by 29%!”
Natalie
Director of eCommerce, Swarovski
Key Takeaways
8%
Increase in Profits over Four Weeks
After four weeks, Swarovski saw a 29% reduction in non-moving inventory, an 18% increase in conversion rate, and an 8% profit increase.
- 29% reduction of non-moving inventory
- 72% increase in daily sales rate of top 10% products by inventory volume
- 18% increase in overall conversion rates
- 8% increase in profits over a four week period
Want to test a tailor-made advanced merchandising strategy for your retail brand?
Request a Demo