• 223 | How to Leverage Black Friday to Clear Your Dead Stock

  • Nov 7 2024
  • Length: 23 mins
  • Podcast

223 | How to Leverage Black Friday to Clear Your Dead Stock

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  • Summary

  • Do you have too much stock in your business right now?

    If you feel like a lot of money is tied up in stock and there is not quite enough in your bank account right now, you are not alone.

    So I thought with the Christmas season fast approaching I would give you some practical ideas about how you can change that fast. Particularly, I am going to focus on how you can leverage all the fuss around Black Friday to clear your slow-selling dead stock without damaging your brand.

    [02:14] The Impact of Discounts on Brand Perception

    [03:29] Effective Stock Management Strategies

    [06:49] Identifying and Categorizing Stock

    [13:39] Promotional Tactics for Slow Sellers

    [17:57] Final Tips and Recommendations

    Links:

    Learn more about Stock Doctor - https://www.resilientretailclub.com/stockdoctor/

    Learn more about the Resilient Retail Club: https://www.resilientretailclub.com/membership/


    Learn more about my mastermind for product business owners: https://www.resilientretailclub.com/retail-business-mentoring/
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