How To Liquidate Surplus Merchandise In 5 Easy Steps

For any retailer or businesses with inventory, having way too much of what you sell is a no-no. It could hurt the business long-term to have merchandise that sticks to your inventory (things that haven’t sold).

There are ways simple and complicated to let go of these items, but wouldn’t you want to cash in on letting go of inventory that your business spent money on? Cause anyone would like to liquidate their surplus merchandise. Well, there are simple ways to sell your Surplus Merchandise. In order to get rid of your surplus merchandise, follow these 5 easy steps, and you’ll be inventory free of Surplus Items.

For any retailer or businesses with inventory, having way too much of what you sell is a no-no. It could hurt the business long-term to have merchandise that sticks to your inventory (things that haven’t sold). There are ways simple and complicated to let go of these items, but wouldn’t you want to cash in on letting go of inventory that your business spent money on? Cause anyone would like to liquidate their surplus merchandise. Well, there are simple ways to sell your Surplus Merchandise. In order to get rid of your surplus merchandise, follow these 5 easy steps, and you’ll be inventory free of Surplus Items. How to Liquidate Surplus Merchandise in 5 Easy Steps 1. Restock and Resell One problem that seems to stick to many retailers and businesses selling products. They have a couple of merchandise that doesn’t sell when the products put out. Don’t think right away that the problem was the product and the price itself. The problem could have been placement, the marketing about it, and the other products aligned with it. Try to restock the merchandise in a new and refreshing way to look at the products. You could have the opportunity to sell them now. 2. Offer them as Discount Products Using this as incentive to buy unwanted products in the past is a very common strategy used. You’ll be able to get rid of the surplus, have more sales, happier customers, and more room in your inventory. Start off with 30% and go higher up and up leading to a major day like a holiday. That’s when you get the opportunity to have an “excuse” to sell at a discount. 3. Bundle your unwanted Merchandise Think of how McDonald and other fast food restaurants package together their meals… Burger, Fries, and a Soda. Can you incorporate a way of packaging and creating a bundle of your surplus items? Do this, and you can have an enticing offer to customers. 4. Sell to Liquidation Companies Sell your surplus merchandise to companies that service businesses by taking stock out of their hands. Doing this will help alleviate some space in your inventory especially if you are expecting a big shipment of items coming in. This will help tremendously. 5. Offer your merchandise as a FREEBIE or part of a DEAL An example of offering a Freebie, could be to send an email out to your email list saying they can receive a Free Item if they come in and Spend “xyz amount” of $. Or Offer a Deal with the item, marketing to customers that if you “Spend $30 on Jeans, and Get Two Jeans Half Off.” You have easy options when it comes to getting rid of that extra inventory. To sum up, you have 5 easy steps to follow through on. 1. Restock and Resell 2. Offer them as Discount Products 3. Bundle your unwanted Merchandise 4. Sell to Liquidation Companies 5. Offer your merchandise as a FREEBIE or part of a DEAL Thanks for taking the time to read this, and wish you great luck on your Inventory Woes. To schedule a free consultation. 305-680-0444 www.quiksellsurplus.com