Reduction of Inventory+Auction
LIQUIDATION SALE + AUCTION METHOD
In 2002, we conducted a 2-day liquidation sale and a 1-day auction of Someone’s in the Kitchen, a gourmet shop and restaurant in Flowood, Mississippi. Our client was State Bank and Trust. In 2003 we conducted a similar type sale/ auction for Trustmark National Bank in regard to a florist shop, Chapel’s in Brookhaven, Ms.
Since both businesses had an extensive amount of inventory, we decided the combined process would be a more suitable method of liquidation. Plus, this innovative process offered an opportunity of targeting different customer markets at the same time.
Intense trade advertising and brochures announced the 3-day events. Creative advertising along with credit card payment ability enabled us to achieve more revenue than originally expected. During the 2-day liquidation sale, we promoted the auctions to customers and on Sunday achieved amazing results.
As liquidation specialists, we strive to gain the maximum financial benefit for our clients. We will be glad to analysis your personal situation WITH A FREE AUCTION MARKETING ANALYSIS at NO COST TO YOU.