How Do I Sell My Old Inventory?

How do you liquidate?

Getting Help Liquidating Your Company’s AssetsHire a professional auctioneer and hold a public auction.Pay a business broker a fee to sell off your assets.File bankruptcy, in which case the a bankruptcy trustee will sell your assets and pay off your creditors with the proceeds.More items….

Does Overstock sell used items?

Rest assured that Overstock.com guarantees all Reconditioned or Refurbished items, and most fall under our Standard Return Policy. … Every product we sell as reconditioned/refurbished must pass a thorough examination.

Can I sell on Overstock?

Selling Fee – Listing fee for Overstock is less than ebay, but not by much margin. The registration is free, and listing fee ranges from 10¢ to $3.15. The final value fees for overstock stand at 3% for items sold under $25. If items don’t land a sale, you can relist them as many times as you want till they sell.

How do you sell leftover inventory?

8 Ways To Make Money From Excess InventoryHere’s how to make the most of your excess inventory. Sell it to an inventory liquidator. … Sell it online. … Give bulk purchase discounts. … Start bundling. … Offer extremely steep discounts. … Use as rewards for customers. … Turn your excess inventory into gifts for references. … Give a donation for marketing purposes.

Where can I sell my overstock inventory?

For retailers who want to get cash for their overstock inventory, BoxFox offers a B2B marketplace where retailers can sell their underperforming inventory to another business, in a different market, who may have a better audience for the product.

How do you liquidate inventory in retail?

Surplus Inventory: 6 Surefire Ways to Liquidate it to Improve Your Bottom LineStrategic Placement. For in-store retail locations, getting attention for excess product is about location, location location. … Drop the Price. … Pop-Up Shops. … Bundles and Giveaways. … Digital Marketing. … Donate Remaining Inventory.

How do you liquidate excess inventory?

10 ways to liquidate excess Amazon inventoryLower your prices. … Increase your advertising spend. … Create a bundle. … List your excess Amazon inventory on deal sites. … Sell your excess stock to competitors. … Sell your excess stock to a liquidator. … Donate to charity. … Return or exchange your excess inventory.More items…•

How do I get rid of inventory?

How to get rid of inventory:#1: First, re-merchandise. … #2: Discount and then discount some more. … #3: Host Facebook Live sales. … #4: List on an online marketplace. … #5: Take items to a Consignment shop or list with an auction site. … #6: Host an in-store blowout sale. … #7: Donate it.

What do retailers do with unsold inventory?

In the U.S., brands and retailers locked out of an entire fashion season are flooding charities with unsold products, in addition to sending goods to discount stores and liquidators.

How do I get a sold out item?

5 Insider Tricks for Finding a Sold-Out ItemGo straight to the source. Oftentimes, your best bet is to go straight to the source. … Check resale sites. … Sign up. … Bookmark it. … Let a third party help.

How do you get rid of obsolete parts inventory?

7 Ways To Get Rid Of Idle Parts Inventory & Obsolete Parts…Auction: Easy solution to clear parts in bulk.. … Cash Discovery Program: A dealer to dealer network, where parts are sold at 50% of dealer cost. … D2D Link: A available for Dodge, GMC, and Ford dealers. … Dealermine: A dealer to dealer network, where parts are sold at 50% of dealer cost. … eBay: An established audience.More items…•

How do you deal with non moving inventory?

Here are five effective ways to turn your slow-moving inventory over into cash to help your business keep moving.Optimize Your Marketing Strategies.Use Multiple Sales Tactics.Transform Your Store Displays.Bundle Your Products.Identify Your Slow-Moving Inventory More Early.

How do you clear dead stock?

Tips for Managing DeadstockTake the help of a good inventory management system. … Transfer the deadstock to another company location. … Have a watertight agreement with your supplier. … Use efficient demand forecasting solutions. … Create urgency. … Bundle products. … Offer free shipping.

What do you do with old inventory?

Liquidating Old and Surplus Inventory: 10 Smart Ways to Get Rid of Excess StockRefresh, re-merchandise, or remarket.Discount those items (but be strategic about it)Bundle items.Offer them as freebies or incentives.See if you can return or exchange them.Sell them on online marketplaces.More items…•

How do you sell slow moving inventory?

Put Slow-Moving Stock to WorkIt isn’t your fault. … Marketing 101. … Targeted eMails Bring Buyers and Products Together. … Use Seasonal Promotions to Move that Sluggish Stock. … Sell Old Inventory with a Flash Sale. … Market Static Stock Using an Up-Sell Popup. … BOGOs are Made for Slow-Moving Inventory. … Bundle Up Your Products.More items…•

Will Amazon buy my inventory?

If inventory is damaged or misplaced while in Amazon’s control (in the fulfillment center, during delivery to or from a customer), we will purchase the inventory from you. Once your inventory is received at a fulfillment center or receive center, it is available for sale.