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:
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.