The big seller contacted competitors to buy their inventory

The big seller contacted competitors to buy their inventory

Some sellers were confident enough to prepare the goods, but in the end, there were few orders, and they had to clear the inventory right after the new link was launched. Since the excess inventory will occupy a large amount of the seller's storage costs, in the long run, the storage costs alone will make the seller miserable.

 

Moreover, it is not that easy to clear out inventory. You cannot just lower the price and clear it out immediately. Some sellers rack their brains to clear out inventory: contacting influencers for promotion, creating large coupons to attract consumers, and some big sellers even contact competitors to buy their inventory at a low price when they can’t clear out inventory.



Recently, a seller said that when he checked his mailbox early in the morning, he found an email from a competitor saying that he hoped to take over their remaining inventory and that the price would be very "affordable."

 

This operation left the seller a little confused. He had learned about this competitor before. He was a local American seller who was doing quite well in the same category. A single listing had more than 1,300 reviews, making him a relatively large seller.

 

Is it necessary to clear out the inventory even though the business is so good? The seller even began to wonder if this category has no future.

 

It is understood that this seller has been deeply involved in this category for many years, so he knows very well how popular this category is, and can also understand why competitors want to find him to clear out their stock.

 

"They must have tried many ways to clear the stock but failed, so they finally chose to contact me," the seller analyzed.

 

Although the seller did not specify which category he was selling in, this phenomenon is not an isolated case on the Amazon platform.

 

Many sellers in popular categories have encountered situations where they could not clear their inventory, and some sellers simply gave up on the goods. Some sellers wanted to recover some of their costs, and finally decided to contact their competitors.

 

In the current period of market uncertainty, sellers need to be cautious, cautious, and cautious every time they want to stock up. They need to carefully analyze past data and combine it with future industry trends before finally deciding how much to stock.

Amazon

Clearing inventory

<<:  Annual loss of 90 million! Dongguan factory announces 3-month holiday

>>:  Confirmed! Amazon's new actions will affect the sales of a large number of sellers

Recommend

What is Chuhaiyi? Chuhaiyi Review, Features

Chuhaiyi is a cross-border B2B intelligent servic...

What is Dasenlin Logistics? Dasenlin Logistics Review, Features

Shenzhen Dasenlin International Freight Forwardin...

What is ONE-POST? ONE-POST Review, Features

One-Post Logistics (Shenzhen One-Post Logistics Su...

What is Honestbee? Honestbee Review, Features

Honestbee is an online grocery delivery service c...

What is ShopiEm? ShopiEm Review, Features

ShopiEm is a platform for Amazon sellers, dedicat...

Joom and Worldline establish partnership

Online platform Joom is from Latvia. It was found...

What is BuzzStream? BuzzStream Review, Features

BuzzStream is a link building SEO tool that enable...

American consumers miss offline shopping on Black Friday

According to a recent U.S. consumer survey, two-f...

What is Wadi.com? Wadi.com Review, Features

Wadi.com is an online marketplace founded in 2015...