Amazon inventory redundancy has always been a headache for Amazon sellers. Amazon inventory redundancy usually comes from inventory caused by unsalable products, in preparation for peak seasons or various reasons. If these redundant inventories are not handled in time, high storage costs or even excess storage costs will deplete profits. For Amazon sellers, there are currently the following main methods to clean up unsalable inventory.
1. BD method.
Most sellers use the low-price flash sale method to clean up inventory. Sellers use BD and advertise well, and it is easy to push core words to the homepage. Products that originally needed to clean up inventory are likely to be activated, and even replenishment may occur.
2. Combination variants.
Some products and some styles sell well, but some styles do not. In this case, sellers can combine links with poor sales with links with good sales, share star evaluations and rankings, and then slowly clean up the redundant product styles in inventory through low prices + traffic.
3. Price increase + social media.
The practice of using social media to rise first and then fall is also common. The break-even of clearing inventory is the best state, and a small loss is normal. Therefore, sellers need to consider it themselves.
4. Post outside the site.
Create a promotional discount code or social media will have a discount code. If the off-site resources are directly placed on the Deal site or Facebook group, if there is no such thing, you can give it to the Internet celebrity through the service provider to place discounts,
5. Outlet Promotion (OutletDeal, also known as 14-day flash sale)
Outlet promotion refers to Amazon’s promotion of redundant inventory that meets the conditions. It is mainly displayed on the Outlet promotion page.
Customers can find the promotion interface in Outlet through the front desk–Today’sDeal–.
Amazon Outlets is gradually becoming an ideal choice for buyers to purchase highly discounted goods, overstocked promotional goods and clearance goods.
To join Amazon Outlets, sellers must join a professional sales plan, and the overall total score of buyers must be at least 3.5 stars, and ASIN must meet certain conditions to be eligible to participate.
Within 60 days after the end of the promotion, products launched in the form of “Amazon Outlets Limited Time Promotion” will no longer meet the requirements for joining Amazon Outlets.
6. Sell to other platforms and transfer MCF for sales.
If there is eBay, in addition to the Amazon platform, Aliexpress, Walmart and other platforms can create multi-channel distribution orders and transfer them to overseas warehouses for sales.
7. Offline processing
Based on the first six methods, the product is still not sold. It is recommended that sellers directly choose offline processing, contact the service provider who collects the inventory, read the product, negotiate the price, and send it to him according to the address. Generally speaking, the price is very low and there is no guarantee that the seller can recover 100% of the funds, but it is better than throwing it all away.
The above seven methods can solve the problem of redundant inventory as soon as possible. If the conditions are sufficient, it is recommended that sellers choose the outlet promotion method!