SurplusStock.ie is a site developed with the current economic climate in mind; it gives consumers a chance to purchase items at a fraction of their retail price while allowing retailers to relieve some of the headache of overstock, end of line and surplus stock that was brought on by the boom days. We are, however, not restricted to these types of items, heavily discounted sale stock is also a part of the site. Currently we are focusing on Household Retailers, as we see that area in particular as one of the areas hurting the most from overstock and consequently one of the areas to benefit the most from our service.
SurplusStock.ie provides a massive return on investment compared to traditional advertising. We are 600 times cheaper than your average local newspaper and we cover all Ireland plus give you unlimited listings” said Mr Aherne.
“Every store has surplus stock and every store is seeing their cash flow dry up from increased costs and reduced sales. They need to realise the maximum amount of cash at the minimum cost. The stores will have already paid their suppliers for the overstock so every Euro they can garner from a sale is a Euro into their pocket.”
“Overstock is dead money and not only has it already cost the retailers cash in having to pay for it but now they have to store it. As Donald Trump said “Your first loss is your best loss”, meaning if a product is not selling and you lose a little bit to shift it, then that’s better than holding on to it and losing a lot down the line. The vast majority of products lose value with age. “
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