I have some stock sitting in my warehouse that needs to be utilized (the expiration date is approaching). Could you please share what you do with old stock that needs to be utilized? Are there any companies you would recommend to help with this?
To utilize stock with approaching expiration dates, many sellers turn to strategies such as offering steep discounts, bundling the products with faster-moving inventory, running clearance sales on marketplaces, or using deals sites to quickly liquidate stock. You can also explore donation options to charities, which may provide tax benefits while avoiding waste. If you’re looking for companies to help, consider liquidation platforms like B-Stock, Liquidation.com, or local liquidation firms that specialize in clearing excess inventory. Additionally, running time-sensitive promotions or advertising campaigns can help create urgency and move the stock quickly.
If your stock is approaching its expiration date, consider running flash sales, bundling products, or offering discounts through promotions to move inventory quickly. You can also use a repricer to adjust your prices dynamically and stay competitive. Additionally, platforms like Amazon Outlet, eBay, or liquidation services can help offload excess stock. If your products are still in demand, offering them at a lower price to loyal customers or wholesale buyers could be a good option. Some companies specialize in buying short-dated stock, so it might be worth reaching out to liquidation or clearance firms.