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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/
Mentioned in this episode:
Check out the Stock Doctor
Find out more at stockdoctor.net
By Resilient Retail Club's Catherine Erdly5
55 ratings
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/
Mentioned in this episode:
Check out the Stock Doctor
Find out more at stockdoctor.net

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