If your goal is to maximize your return on investment the last three months of the year is the best time to conduct your store closing sale, retirement sale, or going out of business sale. The fourth quarter of the year provides the highest volume and profitability for the vast majority of retailers. This makes the last quarter the best time to conduct your Store Closing Sale.
Here’s why the last quarter is the time for a store closing sale:
• The holiday season is the best time of the year for most retailers. A Store Closing Sale is the fastest and safest way to sell a store for the highest possible cash price.
• A sale during the last quarter allows your inventory to be sold out:
– at the highest possible profit margins,
– in the shortest period of time,
– with the lowest advertising,
– smallest reductions and other expenses,
– thus maximizing your return.
• All sales are cash, and your cash flow becomes positive almost immediately.
• Consumers always spend more for the holidays and are more likely to shop a well-planned and advertised Store Closing Sale. Price conscious consumers are more attracted to these sales than ever before.
Looking for our Store Closing Sales Plans? Go here.