How do you boost the sales for slow moving goods.

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Stardom22

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In most businesses there is evident of the hot cake goods and also the products that are slow moving.
So for the case of the slow moving products how do you boost the sales for them so that you avoid the losses arising from expired goods?

 

eldavis

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I think the first thing you should do would be to first find out why the product is moving slow, this would help you decide on the best course of action to take.

 

cherry123

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You need to keep advertising the products and continue to remind the people about its usefulness. people need to see the need to buy the product. If you can rebrand the product then go ahead

 

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Ratine

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Slow moving goods are very stressful yo manage on the business. Business managers really spend so much on the marketing for that matter.

 

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timewo

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I am selling the domains which are not in demand at a very low price or letting the domains expire, so that I do not pay renewal fees.

 

Shavkat

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Stardom22 said:

In most businesses there is evident of the hot cake goods and also the products that are slow moving.
So for the case of the slow moving products how do you boost the sales for them so that you avoid the losses arising from expired goods?

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If the goods are going to expire, then it is best to have the scheme of break-even strategy. In this way, it is still a win-win situation.

 

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Ratine

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• #7

The slow moving goods are the ones that would ditch the business to great losses.

 

Kera

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• #8

As far as goods are known to be slow moving, there is nothing you can do to boost it.

 

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• #9

If you described the goods as slow moving in nature, there is nothing you can absolutely do about that.