How to Get Rid of Excess Stock Through Liquidation

A surplus of inventory can hurt your business, especially if you have had a difficult time selling your merchandise. Perhaps your demand forecasts didn’t play out as expected, or consumer trends have suddenly shifted and fewer people are interested in your product. Whatever the case, getting rid of excess stock is key to maximizing profits and eliminating waste. By paying close attention to your inventory data, you’ll be in a better position to make purchasing and marketing decisions. If you need to get rid of surplus inventory, for any reason, there are many ways to go about it. Here are some tips to make the…

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