Stock clearance is when a company or business disposes or sells its items to get rid of them without necessarily making a profit.
The stock could be due to overstocking, leftovers or returned items. The reason as to why organisations do stock clearance is to create space. The company uses sharp marketing tips to make sure the devaluing of the stock does not affect the corporate image. Customers are cautious when it comes to purchasing of goods on a clearance sale since there is a notion the goods are of low quality.
This is a business or individual who buys the whole clearance stock and resell the stock to wholesalers, exporters, as well as small retailers. The biggest benefit of using stock buyers is that they have ready cash to purchase the whole of your stock or part of it. They also have an available warehouse that is a solution to stock disposal problems. Here are the benefits to consider when clearing your company’s stock.
When stocks sit in your space for long, it reduces your chances of selling. Stock buyers offer an opportunity to recover the cost incurred while purchasing the items and you can reap a small profit too. Stock buyers in many instances offer a higher price for many of the items that could go to waste sitting and occupying your business space.
Not only will stock buyers find the market for your overstayed stock, but they will also grade your products that you decide to put up for a clearance sale. This means that the stock clearance service company will sort every item and they ensure that the items are singly or as a combination. This allows the stock buyers to give you the highest profit and the fastest possible sale.
This allows you to recover the money invested in purchasing the stock. The customers of stock buyers are always on the lookout for the best deal out there.
Stock clearance services are now fast, and an easy task since most of the transactions happen online, and the stock exchanges ownership and every party walks away satisfied. Online stock clearance service platforms create a one-stop shop for both the seller and the buyer. This puts together incredible deals with a very low overhead.
Many businesses mull over the fate of returned goods and get comfortable that they will make a loss. The benefits above should give you the light to consider the services of a stock buyer.