Surplus inventory can be a huge headache for retailers. Aside from taking up space on your sales floor and in your stock room, having excess stock ties up your capital and prevents you from reinvesting in your business.
Fortunately, this doesn’t have to be a major long-term problem for you. There are several things you can do to unload your overstock. From implementing creative bundling and merchandising, to holding enticing events and promotions, you’ll find that getting rid of overstock is completely doable.
Check out the infographic below for tips and ideas on how to liquidate surplus inventory.
The post INFOGRAPHIC: 7 Smart Ways to Get Rid of Surplus Inventory appeared first on Vend Retail Blog.