📦 Holding Onto Old Inventory? It Might Be Hurting Your Brand.#investment #merchandising #threadbird

Name: 📦 Holding Onto Old Inventory? It Might Be Hurting Your Brand.#investment #merchandising #threadbird
Uploaded: 2025-02-25T21:01:45+00:00
Duration: 33 s
Channel: Nick Roccanti
Description: Brands often hold onto unsellable inventory out of fear it will hurt their image, but the speaker says keeping dead stock actually damages your brand…

25 Feb 2025 · 1 min

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0:33

Brands often hold onto unsellable inventory out of fear it will hurt their image, but the speaker says keeping dead stock actually damages your brand more. Better to give it away, destroy it, or clear it out entirely.

Chapters

Have a plan in place before you get into the product line. Yeah. I cannot agree more, because one of the biggest things I see with so many brands is that they get really stubborn about old merchandise that they've had for a long time. Maybe it's not good, They've outgrown it, and it's just sitting on a shelf, and they don't want to sell it off because they don't want to devalue their brand at all. It's not selling. It's almost better to give it away, destroy it, throw it out sometimes instead of just letting it sit there forever.