What can be the strategy to sell idle stock, quickly and profitably,in a limited time frame?

I have encountered2-3 cases whereby the agent has imported a large quantity of stock, which is a hard sell, and then they employ a marketing person to sell it out (profitably) in a limited time frame.
The decision to import was not based on market research and didn't use ERP.

The best strategy for limited time frame profitability are Intraday, BTST (provided by certain broking firms only) and F&O trading [This strategies involve high profitability and high risk]

You will need to analyze all stock first, and do your calculation using the perfect templates for markdown. you do need to do analysis for previous sales on these products, including GRN and sell through. Based on this plan a markdown like buy2 get1 free. Run this promo for a week and look at the outcome. If it doesn't works fast and you need to clear then go for Crazy prices. My personal experience i have cleared3 thousnd units in2 days alone.

 

regards

I found that an ideal strategy to quickly sell idle stock is to keep updating its cost. If everyone realize that the cost of idle stock is increasing by the day, people will find profitable approches to sell that stock.

assuming that you access to a powerful finance and inventory systems (like ERP) so you can trace the financial situations and the inventory in real time.
you market research and promotion teams are ready.
then an offensive market plan as a short term strategy might be useful.

Precision in dealing with the stock sales by an administrator2 - sales Astrigah depend on the strength of reaction in the market3 - Configuration sales team has the power to communicate with the market - the intended target gap expiration of the goods located in stores soon to be study Hasiat market by product and very quickly and deal with the product and dismiss with the price of the product with the promotion something draws the attention of others to him Sell in cash or under collection