Your cart is currently empty!
May 2, 2023 12:35 pm
Seasons come and go and if you’re not sure what to do with out-of-season inventory, we’re here to help you make profit even from seasonal demands!
Read below to learn how to sell your out-of-season inventory and stay up to date with the upcoming summer trends.
Here are our tips to keep items moving and drive sales no matter the time of year:
If your storage space is full of Easter decor and summer is around the corner, offer a discount or create a sale to get these items off your shelves. Shoppers love a good sale and some are looking for bargains to stock up for next year’s holiday. Marked-down items can instantly become more desirable to your customers, meeting their demands while allowing you to increase your sales. Discounts are a simple way to move out-of-season goods, plus your customer can enjoy savings and stay loyal to your business for future deals!
Another option especially with sorting and sourcing liquidation is to bundle your seasonal products. By putting similar items together in a single listing, shoppers are more inclined to purchase them because they get more for less providing you with an opportunity to get rid of excess inventory.
There are some seasonal items which can be easily repurposed. How about repackaging Christmas lights and selling them as fairy lights? Some Easter tableware can be easily used in the summer as well and bunnies can be turned into garden decorations. Be inventive and cash in!
Before you think about donating or throwing out unsold seasonal items, remember that these goods are like boomerangs – they will come back next year! When you save inventory and relist the following year, each item becomes a new product that shoppers might buy the second (or even third) time around.
Storing the product properly and cleaning the packaging before placing it back on shelf is very important. If you sell the products online, don’t forget to update your listing, product description, price, and photos. Don’t forget to take quality photos.
Don’t be afraid to sell seasonal stocked items all-year-round. You never know who might need a Halloween costume in July, so being prepared can positively impact your cash flow. Also, if you keep this type of inventory listed, you can be the go-to source for the “planner” type customer. These are people who are constantly thinking ahead and preparing for the next season way ahead. So, if it works for your business, keep selling those out-of-season items.
We hope these selling strategies will help you decide what to do with the inventory you still have on hand.