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The Profitable Paradigm: The Counterintuitive Financial Benefits of Inventory Liquidation
In today's fast-changing retail world, being able to adapt is crucial. One strategy gaining attention is inventory liquidation, where businesses sell off excess stock at lower prices. While it might…Reading Time: 5 minutes
Effective Strategies for Selling Surplus Inventory Quickly
Every business deals with inventory, and sometimes you end up with more than you need. This "extra stuff" is called excess inventory, and it can take up space and tie…Reading Time: 5 minutes
What are the Financial Costs of Holding Excess Inventory?
We are going to start this article with a mind-boggling statistic: A business' inventory carrying costs will generally land between 20% to 30% of its total inventory value. You read…Reading Time: 4 minutes
The Dirty Truth of MSRP in Discount Retail
In the retail industry, businesses have long relied on the Manufacturer's Suggested Retail Price (MSRP) as a cornerstone for setting prices that appeal to both customers and retail buyers. The…Reading Time: 5 minutes
Inside the Mind of a Discount Retail Buyer: Navigating the Decision-Making Process
Discount retailers operate in a fast-paced environment where corporate buyers are key in choosing which products have the most potential to be successful for their company. These buyers make strategic…Reading Time: 4 minutes
Mastering Inventory Management: A Guide to Success in Business
Inventory management is crucial for businesses that make, distribute, or sell products. It involves keeping track of the goods that come from suppliers, go to warehouses, and are eventually sold…Reading Time: 5 minutes
From Surplus to Success: The Complete Guide to Inventory Liquidation
There is a good reason why they say "retail is a hard business". A recent survey asked business owners if they ever deal with excess inventory, and it found that…Reading Time: 8 minutes
Find the Best Fit: Sell Your Surplus Inventory with the Right Discount Retailer
Companies we engage with frequently inquire if selling excess inventory to an off-price retailer is bad for their brand. It’s a very legitimate concern to have and one that all…Reading Time: 4 minutes
Slow Inventory Turnover: A Retail Customer Dissatisfaction Culprit
Imagine the retail world as a hamster wheel spinning faster and faster. Customers keep changing their preferences about what they want, so stores have to keep changing too. If they…Reading Time: 6 minutes
Sell Now or Pay Later: The Best Time To Liquidate Inventory
Our clients often ask: "Should I liquidate my inventory?" It's a valid question and not one with a simple answer. But we're here to dissect it! The general rule? If…Reading Time: 6 minutes
Benefits of Liquidating Inventory: Why Liquidating Inventory Fuels Business Growth?
Being agile and nimble to change quickly is crucial for long-term success in retail, distribution, and manufacturing. A key way many businesses keep their competitive edge is by selling off…Reading Time: 4 minutes
How to Sell Excess Inventory to Discount Retailers: A Comprehensive Guide
For businesses, excess inventory can be a major thorn in the side. It not only locks up valuable capital and requires precious storage space, but it can also lead to…Reading Time: 13 minutes
How to Use Pricing Strategy to Move Slow-Moving Inventory Without Losing Money
Effectively maintaining appropriate inventory levels is a challenge for inventory-focused businesses, irrespective of their size. While some products fly off the shelves, others may linger, accumulating dust and tying up…Reading Time: 11 minutes
Strategies For Selling Slow-Moving Inventory: Unlocking Revenue from Stagnant Inventory
Every business that sells inventory is bound to encounter the challenge of slow-moving inventory at some point. Slow-moving inventory, often referred to as dead stock, ties up valuable resources and…Reading Time: 4 minutes
What Price Can I Get For My Excess Inventory? The Economics Of Selling Excess Inventory To Discount Retailers
Inventory management is a critical aspect of any brand's operations. Over time, brands may find themselves with excess inventory due to various reasons such as changing consumer preferences, overproduction, or…Reading Time: 6 minutes