dead stock

(noun)

Merchandize that had been removed from sale, now offered for sale at a later date.

Examples of dead stock in the following topics:

  • Selling Orientation

    • Such a modern day orientation may suit scenarios in which a firm holds dead stock, or otherwise sells a product that is in high demand, with little likelihood of changes in consumer tastes that would diminish demand.
  • Buying Centers

    • The stock market is an example of a buying center.
    • A stock market is a public entity (a loose network of economic transactions, not a physical facility or discrete entity) for the trading of company stock (shares) and derivatives at an agreed price.
    • Stock markets allow businesses to be publicly traded, or raise additional financial capital for expansion by selling shares of ownership of the company in a public market.
    • Major purchases of stock typically require input from various parts of the organization, such as finance, accounting, and senior management.
    • The chairman of the Hong Kong Stock Exchange is an example of a member in an organization responsible for finalizing major purchase decisions.
  • Push and Pull Strategies

    • Companies can encourage retailers to stock a product.
    • Sometimes a company has to negotiate with a retailer to stock a specific item because retailers have limited store space and need to stock items they know will sell.
    • With that demand, retailers will be encouraged to seek out the product and stock it on their shelves.
  • Trade Allowances

    • Trade allowances are price reductions given to middlemen, such as retailers, to encourage them to stock an organization's products.
    • Trade discounts and allowances are price reductions given to middlemen (e.g. wholesalers, industrial distributors, retailers) to encourage them to stock and give preferential treatment to an organization's products.
    • Trade discounts are often combined to include a series of functions, for example 20/12/5 could indicate a 20% discount for warehousing the product, an additional 12% discount for shipping the product, and an additional 5% discount for keeping the shelves stocked with the product.
  • Streamlining Distribution

    • These methods are usually used for decision-making on whether larger quantities of stocks will be kept at one place or whether the transport costs of more frequent deliveries will be increased.
    • Stock planning allows the optimal level and location of finished products that meet the demand and the level of service of the end users.
    • In principle, stock planning is used to calculate the optimal level of safety stocks at every location.
  • Trade vs. Consumer Promotions

    • It is therefore sometimes necessary to encourage retailers to stock your item instead of your competitor's.
    • Trade allowances are incentives used to encourage a retailer to stock a product such as cash discounts or promotional incentives.
    • Push money is an extra commission paid to encourage the stocking and selling of a product.
  • Brand Ownership

    • Steve Jobs was considered a leader in shaping the identity of Apple and a key attribute for the brand, which has helped fuel a very high stock price for the company.
    • Steve Jobs, for example, was considered a leader in shaping the identity of Apple, which has helped fuel a very high stock price for the company.
  • Objectives of a Sales Promotion

    • Brands also use sales promotion techniques to encourage supermarkets and stores to stock and display their products.
    • Trade allowances - Short-term incentives offered to retailers to stock up on a product.
  • Competitive Priorities in Marketing Channels

    • Intensive distribution - this channel allows the producer's products to be stocked in major, mainstream outlets.
    • Promotional tactics are often used by companies use to motivate channel intermediaries to stock their brand over other products.
  • Future Changes in Retailing

    • Consumer information is key to retail's future as it grows and shapes the way retailers select, stock and sell their products.
    • The consumer has taken center stage in the future of retailing as new information about their expectations shape the way retailers select, stock and sell their products.
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