You might wonder if running a stocktake sale now is worth it. After all, you’ve just finished counting your stock and are busy preparing the documentation for the financial year. But before you put away your inventory sheets and relax, consider the benefits of making a stocktake sale now.
A stocktake sale is a promotional sale commonly used to clear out excess or outdated inventory now by retailers.
Here are some reasons why you should make a stocktake sale now:
>Advertisers are getting pushing stocktake sales. People are primed to buy old items cheaply. Customers now are more likely to shop for bargains and deals. You can use this opportunity to capture their attention and interest with your stocktake sale.
>You have counted your stock. You would certainly have found stock items that should be cleared out. A stocktake sale is a great way to get rid of such products.
> You can make room for new inventory.
>A stocktake sale increases your sales, cash flow and improves your inventory management.
Tips
>A good stocktake sale should be short and limited to create a sense of urgency among customers. Limiting the duration and availability of your stocktake sale can make it more appealing and exclusive to customers. Your regular customers will be suspicious if they go on too long.
>Promotion is cheap and easy to do. All you need is a sign on the window and on a stand with the goods in your shop. You don’t need to spend much money or time promoting your stocktake sale. Use simple and effective methods. If you have a social media account for your business you can use it free to spread the word.
Conclusion
Making a stocktake sale is great to clear old stock, boost sales, and promote your business.
