Sales Strategy

These Tips Can Help You Get Rid Of Old Jewelry Inventory September 11, 2022 (0 comments)

Atlanta, GA--Old and unsold inventory can be a bother for jewelry retailers, and getting rid of your old stock can be worrisome.

[Photo by PhotoMIX Company]

A document shared by a jewelry store reveals some ways for jewelers to get rid of old stock.

The document by David Geller — a 14th-generation jeweler — of Jewelry Artisans says that jewelers can adopt strategies such as discounting unused stock, increasing staff commission on old goods, splitting the profit with the sales staff, and other methods to move old items.

The document also lists other essential methods, such as moving items to lower price points by looking at inventory reports, returning items to vendors if possible, taking the jewelry apart and making new stock pieces, and even mailing them to a lucky "winner."

Read the entire document for more on these strategies and get rid of your old stock today.