FowlersFreeTime
Senior Member
- Joined
- 9 Jun 2021
- Local time
- 2:21 AM
- Messages
- 1,098
- Location
- Florida
- Website
- www.fowlersfreetime.com
Well, that's just unreasonablePlus, when you tell me you're going to give me something at the lowest price of the year, or the best deal ever, I don't want to see $1000 TVs marked down to $500 - $500 is still a lot of money. I want $1000 TVs marked down to $99.99, that sort of thing. And not just to the first 10 customers, either.
Here's how I've seen the decision made. By around the end of 3rd quarter, a retailer knows the goods that are underperforming in sales or have had newer models announced which makes older models sell slower. They then try to cut their losses like this:
- Well these $1000 TVs aren't selling themselves, lets blow out the inventory by selling them around "cost".
- Don't order more of these from the manufacturer, only restock next year's model, which we will not discount.
- Oh, and get the manufacturer on the phone to see if they'll give us any incentives for clearing old inventory.
- We've only got 400 left in stock? or ship 10 each to our 40 locations to serve as our "door buster" deal.