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10-30-2014 09:11 AM
I logged onto QVC this morning and saw the "Designer Fashion Clearance" banner. In checking some of the offerings, as usual, I found lots of items with minimal markdowns. For instance, a Joan Rivers scarf with a regular price of $39.50, clearance price of $32.94, approximately 16% off. To me, that's not a clearance price, it's more like a price reduction or a markdown. I would consider a sale price to be around 20% - 30% and a clearance price 40% and above.
What kind of markdown do you expect to see when something is marked "Clearance"?
10-30-2014 09:17 AM
I think 50% off should be the minimum to be considered a "Clearance" price. To be fair, QVC isn't the only one to just take a few dollars off and call it clearance. I've gotten catalogs that considered 5% off to be clearance!
10-30-2014 09:18 AM
I agree. I expect a clearance price to be low, as in, lets move this out of here no matter how much the price. One can't make a huge profit on old, dead merchandise that needs to be cleared out for the new things.
10-30-2014 09:24 AM
""I would consider a sale price to be around 20% - 30% and a clearance price 40% and above.""
10-30-2014 09:30 AM
Clearance is at least 40% or more, to me.
10-30-2014 09:32 AM
Half price
10-30-2014 09:41 AM
50% off at least
10-30-2014 09:43 AM
To me, a clearance price is at least 40% off.
10-30-2014 09:58 AM
10-30-2014 10:11 AM
On 10/30/2014 brii said:Clearance is at least 40% or more, to me.
ITA, for me too!!
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