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How can I get rid of slow-moving inventory and still generate some revenue?

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One strategy is to liquidate slow-moving inventory. If merchandise is not selling after a certain period of time, your best course of action is to cut your losses and price it to move. This allows you to get rid of excess inventory and free up space for better-selling items.

   —InkSoft

JP Hunt

JP Hunt

InkSoft

JP Hunt is one of the founders of InkSoft, a company that offers a comprehensive business suite including an online designer, e-commerce platform and other business tools. He also is the vice president of sales and marketing. Contact Hunt at [email protected]

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