Surplus stock is when the cost of the product is less than the highest price a consumer would pay by themselves.Here are some ideas of how to sell the surplus stock are as follows:
- Sell online.
- Offer sales on the product.
- Bulk discounts.
- Give products extra exhibition.
- Product management.
- Re-marketing.
- Liquidation.
- Donate for a tax pay off.
- Run giveaway.
- Repackage as rewards.
These are some ideas shopkeeper do with their excessive stocks.
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