Retail Makeover

Get Slow-movers Out The Door

Posted by admin on April 08, 2013 0 Comments

Sooner or later, every independent retailer runs into the problem of slow-moving merchandise.

There are a number of reasons why some products end up hanging around your store far longer than you expected - you overstocked on something, the product is outdated, styles or trends changed. Regardless of how that slow-moving product got there, it represents cash tied up in inventory, takes up space in the store that fast-selling products could occupy and sends a message to customers that there's "nothing new" at  your store.

The good news is there are a number of things you can do to turn that static stock into sales. I've listed 12 tips, and you might consider using some in tandem, but implementing even one can revitalize your "un-sellable" merchandise and get it moving out the door.

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