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Max Retail Blog

Unsold Retail Inventory? How to Break Free

Series 1 | Part 5 of 7 — Retail Smart Guys

Old inventory got you down? Sell it on Max Retail.

In this post, industry expert Dan Jablons of Retail Smart Guys explains how how to free up cashflow and sell your excess retail inventory. Watch and learn from Dan.

Break free of excess inventory

One of the things I love about Max Retail is that it’s like a Get Out of Jail Free card, isn’t it? If you buy goods and you’re stuck with them, you now can take those goods and put them in front of an entire community of retailers who can help you sell them down.

Max Retail enables you to find a way to move excess goods to other stores that can actually sell them. A brand might not be right for your retail business, or a style might not be right for your customers, or you may have overbought inventory, or you may have made a mistake—but your mistake can easily be fixed by giving those items to a retailer who can do something effective with those goods—sell them. 

Move goods to retailers who can sell them 

So, one of the great benefits of Max Retail is that you, all of you as retailers, can share that information, share inventories, and move those goods around to get better sell-through on unsold stuff. It helps sustainability, helps improve the marketplace, helps improve sell through—for you as well as other retailers.

Retailers and customers both win

In those instances where you know you’ve got a client who needs a size dress that you don’t have, but someone else has it, and you can fulfill it, it helps someone else relieve their inventory. It helps you satisfy a customer. It helps everybody win, so I believe that Max Retail is your get out of jail free card.

 

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Morgan Hatin Bodstrom

Morgan Hatin Bodstrom

Co-founder | Chief People Officer

As co-founder and Chief People Officer, Morgan focuses on hiring the best talent for the team and fostering a united culture as they grow. Morgan previously co-owned a retail store with co-founder, Melodie. She also spent several years in executive recruiting in NYC with a focus in wholesale apparel, footwear and accessories.