How to clear out Excess Inventory?

Every retailer is worried when excess merchandise ends up in their shelves and warehouses for months and years. If the items do not move then it would become an eye sore for the customers if they see the same items year after year. Therefore, it is very necessary that the retailers look for ways to clear out the excess merchandise offer the customers something new, fresh, and exciting every time they visit the store.

The following are the some of the ways by which the retailers can dispose their surplus inventory:

1. Offer slow-moving items on discounted rates or as freebies.
2. Sell the excess inventory to consignment companies in return for a fraction of the profit.
3. Contribute the surplus merchandise to resale shops and get tax reductions in return.
4. Sell it to liquidators who would pay you cash in return for the excess merchandise.
5. Auction it at wholesale auction sites such as eBay, Liquidation.com and so on and thus make money online.