![]() This strategy is very commonly employed in the post-holidays for seasonal items. Having a clearance sale and selling it at a huge discount can help get it out of your rotation, even if it means completely losing your profit margin. So getting it off your shelves as quickly as possible is the way to go. With dead stock you know you aren’t going to recoup your losses. By pairing your less-desirable items with fast-movers, you can move the unwanted stock much faster. They’re particularly good for moving slow or dead stock. They’re effective for achieving all kinds of goals – like raising AOV. Product bundles are a retailer’s secret weapon. While getting rid of dead stock isn’t easy, you have some options. Check out these tips from expert Christine Guillot. Inventory management software can only identify your slow-movers – it’s up to you to figure out how to get them going. Improve your tactics for slow-moving products. Examine products closely when you receive them and ensure that they’re up to your standards before the hit the shelves.ģ. Try running it only in your online store or most trafficked location before restocking with a large order quantity.Ģ. Test small batches of new products before investing deeply. While an inventory management system is certainly the best way to prevent dead stock, there are some other things you can do.ġ.
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