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Locating More Merchandise to Sell
Dec 13,2006 00:00
by
admin
Locating More Merchandise to
Sell
As you grow your
business, you have to feed more merchandise into the pipeline. That means
somehow obtaining more inventory to sell; you don't want to be constrained by
product availability.
How do you beef up your product inventory? Here are some
suggestions:
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If you resell used items you find at garage sales and thrift
stores, consider hiring someone to scrounge for you full-time. Also consider
buying large assortments at estate sales and live auctions.
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If you're a collector, consider purchasing large collections
for resale, or expanding your selection to include related merchandise and
accessories.
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If you purchase closeout or liquidated merchandise, consider
purchasing larger lots or entire pallets.
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If you purchase merchandise from a manufacturer or authorized
distributor, consider upping your orders or expanding your selection.
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If you're an artist, consider selling prints in addition to
original paintings. Also consider reselling works by other artists you know.
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If you create your own crafts to sell, consider hiring someone
to help you create a larger volume of items.
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If you're a manufacturer, consider increasing your production
output.
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If you're a Trading Assistant, consider increasing your
advertising and promotion for new clients, or opening a drop-off
location.
In short, you need to start thinking more about your
purchasing, in addition to your selling. And remember to buy smart. Shaving a
few pennies off the price of each item can result in huge profits as you
increase your sales volume.
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