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Clearance Sales - In what ways does it help a business?
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[QUOTE="Suba, post: 341702, member: 3658"] The main purpose of a clearance sale is to sell old stock of goods that are still stored in the warehouse at low prices or even big discounts so as to attract potential new customers. Once the goods are sold out, the shop owner can replace them with new goods. Clearance sales are also only held at certain times, not every day. Meanwhile, the benefits of clearance sales are as follows: 1. Avoid bigger losses This will save on storage costs and can also prevent damage to goods if they are stored for too long. 2. Cross-product sales Apart from clearance sales, shop owners also expect customers to buy other items. 3. Apart from that, the benefit of a clearance sale is that it can also provide space in the warehouse for new goods. [/QUOTE]
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Clearance Sales - In what ways does it help a business?
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