Clearance Inventory
What Do You Do With Stale Inventory?
If you are like any other retail business, knowing when and what to do with inventory that simply isn’t moving fast enough can be a real headache. Most businesses, as you know, resort to flash clearance like sales.
Who Benefits & Why
Why? Why is it that those who casually walk into your business at the right time get the opportunity to save significant dollars?
- From a strategic perspective, might it make more sense for your store to give first right of savings refusal to existing customers who have bought or shown interest in those clearance items before?
- Is it possible that these savings might just drive existing customers back in to the store for these clearance items while picking up additional items while they are visiting?
- Is it time to take more strategic control over your business? If so, call Maestro.