Year: 2022

What to do with Unwanted Product?

4 Ways to Organize a Sale

There is a time in every small business owner’s life when they find themselves with too much product. This can be for many reasons including sale, seasonal changes, or even just changing their inventory. Whatever the reason may be, there are 4 ways to organize a sale that will not only help you get rid of all your extra goods but also make some money! The pitch deck experts will discuss these 4 methods and how to use them effectively!

The first thing you need to do is determine what type of product you have. This will help you decide which sale method is best for your products. There are four types of product:

-New and unused products

-Products that are gently used or new with tags

-Products that are used but still in good condition

-Products that are damaged or broken

Once you have determined the type of product, it’s time to start planning the sale!

Pitch Deck

Method # One: The Blowout Sale

This type of sale is perfect for getting rid of all your excess inventory quickly. It works best for products that are either new and unused or gently used/new with tags. To hold a blowout sale, you’ll need to create some promotional materials such as a poster and flyers. You’ll also need to make sure you have enough stock of the products you’re selling.

Method # Two: The Sidewalk Sale

If you have products that are used but still in good condition, a sidewalk sale is a great option! It’s perfect for getting rid of extra inventory while also attracting new customers. To hold a sidewalk sale, you’ll need some signage (including a banner and sandwich boards), tables, and racks. You’ll also need to make sure you have enough stock of the products you’re selling.

Method # Three: The Tag Sale

If you have products that are used but still in good condition, a tag sale is a great option! It’s perfect for getting rid of extra inventory while also attracting new customers. To hold a tag sale, you’ll need some signage (including a banner and sandwich boards), tables, and racks. You’ll also need to make sure you have enough stock of the products you’re selling.

The best way to advertise this type of sale is through social media, your website, and/or email list. Make sure to promote it heavily in the days leading up to the sale! Start lowering prices on Wednesday and hold your tag sale on Friday or Saturday. This will give people plenty of time to plan their shopping trip!

Method # Four: The Garage Sale

If you have products that are damaged or broken, a garage sale is a great option! It’s perfect for getting rid of extra inventory while also attracting new customers. To hold a garage sale, you’ll need some signage (including a banner and sandwich boards), tables, and racks. You’ll also need to make sure you have enough stock of the products you’re selling.

Now that you know about these four ways to organize a sale, which one will work best for your business? There’s no right answer but hopefully our suggestions can help guide you towards an effective solution!