My experience as a Retail Director for Summit Climbing Yoga & Fitness' eight locations taught me just how valuable this tool can be. Therefore, the best bet is to use a combination of actual or historical data and your newfound knowledge of the Bell Curve to predict future trends. Each brand tends to be a little different, both in terms of the fit of their shoes and the scale they use, US vs. Unfortunately, the results vary a meaningful amount by geographic location. Never again must you blindly guess which shoes require four pairs of backstock and which require only one.Įxplore The Study: “Analysis of 1.2 million foot scans from North America, Europe, and Asia" Pre-season orders for most brands are not hard orders, meaning they can be adjusted before shipping. The process significantly bolsters margins and helps to ensure allocation, as preseason orders take priority over orders placed as an ASAP order.
Pre-season programs are the key to healthy retail space, especially right now with inventory shortages due to international supply chain issues.
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What this means for you, as an owner or retail professional in the indoor climbing industry: you can use this data to help predict your future sales and make more educated pre-season orders! With larger sample sizes, the predictability of the results increases. These charts show foot length in millimeters, but this can be nearly perfectly translated into shoe sizes. Each of the charts (whether by country or by gender) is roughly “bell” shaped, hence the name. In 2019, the scientific journal Nature did a survey of foot sizes, with roughly 1.2 million people across three continents. Lucky for us, the size of a human foot falls into this category! Simply defined, the Bell Curve shows that for certain variables, the probability of any given result is predictable to varying degrees, depending on how close they are to the average result. We’ll give you a quick summary of what all that statistical jargon means and provide a simple tool to both demonstrate the principles, and apply them to help place smarter pre-seasons for your retail department. This is especially true with the industry method of pre-season ordering becoming the preferred method to get big discounts on your wholesale prices. The Bell Curve may be the number one tool for retail buyers when it comes to shoes. If you are lost, then this article is for you. If you thought, “yes!” then you probably already know about normal distributions, also known as a Bell Curve, Gaussian, or Gauss distribution. What if I bet you a shiny quarter that I could guess the top three most common shoe sizes and the quantity of each within that gym? Would you believe me?
There are at least 400 people and an appropriate cloud of chalk dust throughout the space. The lead wall looks like a tangled spiderweb, the bouldering pit is ringed with climbers and onlookers. Imagine a packed 30,000-square-foot climbing gym.
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