What are the Benefits of a Clearance Sale?

[Suba]

As entrepreneurs, we must be observant and always pay attention to the inventory of goods, especially retail traders, both offline and online, who have various types of goods. Entrepreneurs also have to pay attention to which stock is too large or whose sales turnover is low so they need to carry out a promotional strategy which we know as a Clearance Sale. I also often encounter clearance sale strategies applied in minimarkets, such as buy 1 get one, on food products that are approaching their expiry date.

 

[Starmix]

As entrepreneurs, we must be observant and always pay attention to the inventory of goods, especially retail traders, both offline and online, who have various types of goods. Entrepreneurs also have to pay attention to which stock is too large or whose sales turnover is low so they need to carry out a promotional strategy which we know as a Clearance Sale. I also often encounter clearance sale strategies applied in minimarkets, such as buy 1 get one, on food products that are approaching their expiry date.

I like it when there is a clearance sale. The goods are cheaper and there are many to choose. It is also a first come first serve because people flock and buy in volume and sell them too.

 

[Suba]

I like it when there is a clearance sale. The goods are cheaper and there are many to choose. It is also a first come first serve because people flock and buy in volume and sell them too.

You are right sis, as buyers we are also happy if there is a clearance sale, but as business people we are also happy because the stock of goods that are not selling well will run out quickly.

 

[Starmix]

You are right sis, as buyers we are also happy if there is a clearance sale, but as business people we are also happy because the stock of goods that are not selling well will run out quickly.

That is right and many are always waiting for a clearance sale. Customers fall in line whenever there is a clearance sale. It is full of excitement but if you like shoes that do not fit you, there will be no other stocks.

 

[Fidelia]

The benefits of a clearance sales is that it helps to clear overdue stock and help the business cut it's losses on non performing stocks. It reduces the cost of holding inventory on that stock.

 

[Suba]

The benefits of a clearance sales is that it helps to clear overdue stock and help the business cut it's losses on non performing stocks. It reduces the cost of holding inventory on that stock.

I agree with you that there are many benefits of clearance sales for sellers, especially to reduce the stock of old goods stored in warehouses and will also add new customers and increase sales.

 

[Bisolami]

The goods will be sold at a cheaper price and you have the opportunity to sell the ones you could not sell since

 

[Alberello75]

In my opinion, the possibility of being able to buy only what each of us needs at a price extremely lower than the standard cost. But avoiding buying extras just for the low price, so only in this case can we talk about saving money!

 

[Augusta]

clearance sales helps with clearing overdue stock and to make way for new stock to avoid high losses

 

[King Belieal]

Some stocks are very hard to dispose. Maybe due to lack of demand. You take advantage of clearance sales to clear space for better performing stocks.

 

[Augusta]

if you can sell some products you can do clearance sales by lowering the price a bit so that people can easily buy the products off

 

[eLdavis]

One benefit of clearance sales is that it prevents wastage. You can sell goods that has been there for a long time before restocking.

 

[Starmix]

Sometimes clearance sales is just a gimmick to have duplicates stocks sold out and be replaced with new ones of the same brands.

 

[Augusta]

Clearance sales helps the owners to clear old stock and make room for more new stocks and you can get bulk money this way