Okuzeka
Sales & Retail vocabulary · Merchandising & Stock

Markdown

Meaning in sales & retail, with examples

/ˈmɑːrkdaʊn/nounCommon term

In sales & retail, markdown means: A permanent reduction in the selling price of an item, usually to sell slow-moving or end-of-season stock.

In Turkish: fiyat indirimi, etiket indirimi, indirime alma

How it is used

Used by retail buyers, merchandisers and store managers. You take or apply a markdown, and goods are marked down by a percentage. Markdowns reduce margin, so they are planned carefully. The verb is mark down.

Example sentences

  1. We'll take the first markdown on winter coats in mid-January.

  2. The markdown on swimwear is now 40 percent, and it's selling fast.

Common collocations

  • take a markdown
  • end-of-season markdown
  • markdown price
  • mark down prices
  • discountA reduction in the normal price of a product or service, given for example to win a deal, reward a loyal customer or sell old stock.
  • marginThe difference between what a product sells for and what it costs, often shown as a percentage of the selling price.
  • inventoryAll the goods a business has in stock and available to sell, or a detailed list of them.
  • price tagA small label attached to a product or shelf that shows how much it costs, often together with a barcode and product code.
  • markupThe amount added to the cost of a product to set its selling price, usually shown as a percentage of the cost.

This word in other fields

The same English word can have a different meaning in another field:

More terms: Merchandising & Stock

Practise with graded reading

Reading at the right level is the fastest way to make new words stick. Pick free English books by level: