When Do You Need to Liquidate Your Inventory

LIQUIDATION OF INVENTORY

 

 

When Do You Need to Liquidate Your Inventory?

You can end up with overstock for all sorts of reasons. Following are a few key signs that indicate it might be time to liquidate.

Fees are getting too expensive:

An FBA selling program is really great when items are selling. But what to do when they’re not selling? Amazon only wants to stock items that will sell, and if you’re taking up their warehouse space, they won’t hesitate to impose long-term storage space to make up for it.

In this case, you’ll need to get your product’s inventory out of the Amazon warehouse ASAP.

Customer experience feels stale:

Buyers want to see new products - particularly your most loyal customers who check in frequently for new inventory. If you fail to refresh your catalog on a regular basis, they’ll eventually give up and start shopping from your competitors.

You’ve got dead inventory:

Dead inventory is another way of saying you’ve got a product that just won’t sell. This could be a product that just didn’t resonate with your audience or an item that has waned in popularity due to changing trends or the emergence of better products.

In any case, dead stock is essentially dead weight–it drains your resources and the longer it hangs around, the bigger the loss.

Items are expiring:

Perishable items like food, beverages, or makeup & skin care products are only good for a certain amount of time. Unfortunately, if such products get expire, the only option is throwing them out.

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