by Chuck Haug | Jul 4, 2024 | Advertising, Consulting, Discounts & Markdowns, Email Marketing, Marketing, Retirement Sale, Store Closing Sale
In a customer's mind, the perception of an inventory reduction sale versus a liquidation sale can vary significantly: Inventory Reduction Sale: Perceived as a strategic move by the retailer to clear out excess stock. Customers may interpret it as a chance to get good...
by Chuck Haug | Jun 10, 2024 | Consulting, Free Information Page, Marketing, Trends
“The Plan” serves as the foundation for assisting small and medium-sized retailers in creating a store closing sale plan. Store closing sales, retirement sales, going-out-of-business sales, or liquidation sales all requie a detailed plan. With over 20...
by Chuck Haug | Jun 4, 2024 | Consulting, Marketing, Retirement Sale, Store Closing Sale
A Store Closing Sale or Retirement Sale is usually the best way for most small and medium sized retailers to exit their retail business. A Store Closing Sale can sell all of your inventory and assets. It can generate 1.8 times the cost of your inventory. You can exit...
by Chuck Haug | May 15, 2024 | Advertising, Consulting, Marketing
Social media marketing offers a plethora of benefits for businesses of all sizes and industries: When conducting a store closing sale, retirement sale or going out of business sale social media will allow you you make contact with your exisiting customers and help you...
by Chuck Haug | May 3, 2023 | Advertising, Business Failures, Email Marketing, Marketing, Media, Store Closing Sale
Social media marketing offers a plethora of benefits for businesses conducting a store closing sale. Increased brand awareness: Social media platforms have billions of users worldwide. Leveraging these platforms allows businesses to reach a vast audience and increase...
by Chuck Haug | Jul 13, 2021 | Marketing
There is a trend developing in the small retailer community. As business gets tougher and customer foot traffic declines, many small retailers are choosing to run a Store Closing Sale. But wait… they’re not going out of business. They are simply changing their...