Discounts or Sales are an effective way of attracting customers, increasing sales, retaining customers and yes also getting rid of old stock!
This is a short term business strategy that benefits small time or home based businesses. This is also an ideal way of attracting eyeballs and increasing traffic to your page/business. Just make sure to market it well and reach as many people as possible - potential customers or not!
If the deals are really good and customer feedback is positive, then you could plan it to be an annual event. However if the results are not all that great; you can take heart in the fact that you sold off all the old and unwanted items from your inventory. It’s a win-win situation!!!
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