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Liquidating Old and Surplus Inventory: Smart Ways to Get Rid of Excess Stock Part 2...

02 September 2020

Double or even triple-expose your slow-movers to sell old inventory If you are dealing with slow-moving inventory, it’s a good idea to double or triple-expose your merchandise. This means having those items available to view in more places and in more mediums than you utilise currently. Your own website and (very) occasional mailshots may just not be enough. Dedicated industrial websites like Valveconnect.com can hugely increase the visibility of your products and expose you to new markets at the same time. Use of social media can be used in conjunction with such platforms to guide new cust...

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Liquidating Old and Surplus Inventory: Smart Ways to Get Rid of Excess Stock

13 August 2020

Liquidating Old and Surplus Inventory: Smart Ways to Get Rid of Excess Stock Having too much inventory is high on the list of things to avoid for manufacturers and stockists alike. In addition to taking up precious backroom or shelf space, surplus stock ties up capital and can keep you from re-investing in your business or buying things you actually need. That’s why regularly paying attention to your sales and inventory data is so important. You need to keep an eye on how products are moving so you can make the right purchasing and marketing decisions. At the same time, staying on top of inv...

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