What are the most effective clearance sales techniques to boost sales and customer loyalty?
Clearance sales are a common strategy for retailers to get rid of excess inventory and generate cash flow. However, not all clearance sales are equally effective. How can you plan and execute a clearance sale that boosts your sales and customer loyalty, without hurting your margins or brand image? Here are some tips and best practices for managing inventory and clearance sales effectively in the context of retail buying.