Over time, products in your warehouse go unsold. Whether this is due to an upgrade in product model or if you simply over-ordered at the time, the longer stock goes without selling, the more likely it will be that you will never sell it through your usual channels. So what should you do with the stock collecting dust in your warehouse? This takes up valuable room within the facility, reducing the amount of current products and merchandise you can order. Throwing the unused stock away often is not a viable option, and even if you could realistically perform this action it likely would cost you a significant amount of money. Instead, you need to consider liquidating your stock.
Disposing of Industrial Stock
Removing industrial stock from a warehouse has its challenges. As your unwanted stock continues to grow, you devote more time, space and resources to it than you would like. It’s time to bite the bullet and get rid of it. So what are the options? International companies sometimes move the stock to a different market but you may not have that option. There are auction houses that specialise in industrial products but much of their inventory comes from bankrupt companies and is priced accordingly. There is also the hassle of getting the stock to the auction.
There are also companies who will offer you trade credits for the stock but this can turn into an accounting nightmare. It’s a form of barter and you may not have a need for the commodities they are offering.
A new solution
Have you considered using a company like Industrial Clearance? They provide an online market place where you can list your stock and move it off the shelf a lot faster. This reduces the amount of time and energy you need to focus on your old stock. It opens your products up to different markets and means you have a dedicated team who are as keen to sell off your liquidation stock as you are. It also frees up valuable warehouse space, allowing you to order additional material and products.
Price it to go
You’ve made the decision and you know the benefits of seeing the back of the unwanted products. Carefully consider your pricing to ensure it really is a bargain for potential purchasers. As a real estate would phrase it – you’ve got to meet the market. The team at Industrial Clearance can advise you here as well.
So now you can remove the unused stock from your warehouse and open up valuable space for new stock to come in. All of this is taken care of, without you needing to do anything but grab your spot on Industrial Clearances marketplace to sell your stock online. Everything is handled as usual as the orders come straight to you but overtime you’ll be glad to see the back of the stock and you’ll get your warehouse floor space back.
Check out our Seller FAQ’s here or contact us today for more information.