Remove retail overselling
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How retailers can avoid overselling and thrive this holiday season

Inside Retail

Retailers are suffering from ‘inventory bloat’ or too much stock. This means retailers are under a huge amount of pressure this holiday season to clear stock, to release capital and reduce spending on storing it all in warehouses. . That’s a good thing for retailers? What Is overselling? Why is overselling bad?

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Retail Crisis: Why Mountains Of Excess Inventory And Overselling Is Set To Kill Off Many Promising Businesses

Retail Minded

meant retailers were overwhelmed with demand. Stockouts were disastrous for retailers during the pandemic – up by 250% (Adobe, 2021) – and with 37% of consumers saying they’d simply shop elsewhere if they couldn’t find what. would emerge, sending retailers across the globe into a state of cash flow paralysis.

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Due Diligence: Winning October Prime Day Prep Strategies

Retail TouchPoints

Don’t oversell products if you don’t have the supply to fulfill orders. Work out allocations now so that there is time to pull from other retailers if possible. Reach out to vendors if needed to fulfill any oversell orders, and then start loading up on inventory for the next big event — Black Friday will be here before you know it.

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How retailers can prepare for the peak holiday season?

Inside Retail

Rising inflation and interest rate hikes indicate a challenging peak period for many retailers with discretionary spending down on previous years. Overselling results in cancelled orders and an undesirable customer experience. If retailers are to thrive this holiday season, they must improve inventory data and its visibility.

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Back-to-school: How retailers can get it right

A1 Retail

With parents relying on a stress-free back-to-school shopping experience, retailers must ensure they have enough stock, accurately displaying up-to-date availability data to their customers. Safety stock levels can also be set for popular items to prevent overselling. It happens every year.

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Five ways to reduce operating costs in your retail business

Inside Retail

Cost of living pressures, supply chain issues, weak consumer confidence, interest rate hikes and reduced retail spending are all making retail a tough business to be in at the moment. Having worked with retail brands all over the world, I want to share my top tips on how to reduce operating costs.

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Excess inventory weighing you down? Get the most out of your stock now

Inside Retail

Retailers are stuck with stock that just isn’t moving fast enough. This is a problem that is multiplying across retail right now, and it is more important than ever to fix it. It can provide buffers for popular items, prevents overbuying and helps to reduce overselling and underselling. We’ve all seen the recent headlines.

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