At the end of a season, event or holiday, many retailers will find themselves left with excess stock on their hands. While having plenty of stock can be a good thing, having too much stock that you have to clear can lead to losing vital space in your stockroom or warehouse, and not being able to give enough attention to promoting other products and areas of your business. The most common reasons for excess inventory are:
You ordered too much
There’s a lack of demand
The product is not high quality
The product is too common and has no USP