10/11/09

Closeout fishing supplies can be great deals!

Have you ever looked at buying closeout fishing tackle and accessories? Sometimes the deals can be terrific. You will be able to buy brand new, name brand items that may have been discontinued by the manufacturer. Most retailers only have the most current items in their stores. So, when a manufacturer discontinues items at the end of a season the retailer can sometimes return them back to the manufacturer or exchanges them for the new models. Sometimes a store may go out of business and a company may purchase all their items. Then they will sell to discounters and other retailers that sell closeout fishing supplies or discontinued items of any kind..

Every year manufacturers evaluate what items are selling and which are not. Then they evaluate profitability, marketing and the brand overall. Do we make changes so we can compete with other brands that are similar and make them more desirable? Maybe come up with new ways to make them ultimately sell better and provide better profits for the company. When the evaluations are decided, they will then decide to make changes for whatever reasons they may have or simply discontinue an item. When the company brand managers decide to discontinue an item, they also need to decide what to do with the remaining inventory. Another process now starts in their thinking. How much can we get for these items and how fast can we get them out of our warehouse?

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