How to effectively dispose about to be expired products

[cherry123]

You just realized that your goods would so expired but you still have a lot of those products what do you to avoid huge loss to you


First reach out to your suppliers and asked that you returned the good for a refund

Try selling the products out at a reduced price to customers so as to reduce outright loss.

Sell or offer to sell on credit to retailers that are creditworthy to pay later

 

[Stardom22]

I think the best thing for you to do here is to report the matter to the relevant suppliers of the products. I am sure if you had been very loyal to the suppliers they could replace the merchandise for you.

 

[cherry123]

Sure, this is why it is good to always be loyal to the suppliers so that with issue like this you can quickly relate with the suppliers of the products.

 

[Bisolami]

You just realized that your goods would so expired but you still have a lot of those products what do you to avoid huge loss to you


First reach out to your suppliers and asked that you returned the good for a refund

Try selling the products out at a reduced price to customers so as to reduce outright loss.

Sell or offer to sell on credit to retailers that are creditworthy to pay later

You may even sell it at cheaper price so that you will not lose. You will be able to sell it faster.

 

[cherry123]

Yes you are right one can sell the products way cheaper price so that a lot of people will want to buy so one losing money through this means in the business

 

[Elendu]

If your local authorities do not have a hazardous waste disposal program, you can contact a hazardous waste disposal service to safely dispose of the product because improper disposal of expired products can be harmful to people, animals, and the environment

 

[SHAHID987]

Suppliers usually give the facility to return an expired product, but a person must be vigilant as before expiry should return the product, and never ever think about to sell expire product in low price by doing this his whole shop may be sealed.

 

[Johnson2468]

You can also give your buyers discount on large quantity. This is attract them and make them buy the products in larger quantity than their usual way or quantity they always buy

 

[uptrendfinancialsignal]

There is nothing wrong in disposal it because I don't think there's any modalities involved.

 

[Springtime]

Most companies offer great discounts for products soon to be expired. I think this is a good strategy. You can dispose of such items easily and at the same time make some money.

 

[Johnson2468]

Companies can also come up with putting a time limit to their discount offer when people buy in large quantity. This will help companies to even sell a lot of their products fast

 

[Heatman]

You just realized that your goods would so expired but you still have a lot of those products what do you to avoid huge loss to you


First reach out to your suppliers and asked that you returned the good for a refund

Try selling the products out at a reduced price to customers so as to reduce outright loss.

Sell or offer to sell on credit to retailers that are creditworthy to pay later

You should try as much as possible to sell of your products before they expire because there is a very big chance that you are going to run into big loss when you are trying to undersell them when they're about to expire.

 

[Magnus2022]

I learned through the hard way. I have disposed many of my products because many of them have expired. I have learned that you need to check the expiration of the products before buying. At least, you suppose to buy products that are one year ahead before expiration.

 

[Niyi Briggs]

This is where you may have to do clearance sales. Cut your losses, drop the price and sell out your products. It is better than losing entirely.

 

[cherry123]

Yesh, it is very important you check the expiration of the products before buying to avoid huge loss as disposing many of the products because many of them have expired will bring such.

 

[Yohanna]

Disposing off expired product shouldn't be a big problem because there are waste disposal agencies all around the place that can help you with that.

 

[Shavkat]

You can also give your buyers discount on large quantity. This is attract them and make them buy the products in larger quantity than their usual way or quantity they always buy

In some companies who supplied goods and expired, they can take them again and replaced new ones. It happens to grocery stores or supermarkets in my country. It is the best scheme they can offer.

 

[IB D]

A grocery shop owner in my place just took those soon to be expired goods home so she and her family can make use of it.

 

[Heatman]

This is where you may have to do clearance sales. Cut your losses, drop the price and sell out your products. It is better than losing entirely.

This is also another reason why you should not over stock any product in your business in order to avoid facing this kind of challenging in the long run.