May 31, 2022
As we rapidly approach the end of the financial year, you may be considering running a clearance or flash sale (the good old EOFYS!).
EOFYS can be a great tool to reduce stock (especially before the dreaded stocktake) and to increase sales.
This year, with the increased cost of living and the increased cost of advertising during a peak period it may have you tossing up whether to go ahead with a sale or not.
However, with consumers pulling their belts in a bit on spending, I think our customers will actually be waiting for the sales this year, to get increased value and more bang for their buck.
So if you’ve been weathering a period of low sales revenue, I would encourage you to run a sale at this time of year.
But, it needs to be done strategically, and aligned with your brand and own goals. No slapping together a random fire sale over here thank you!
In todays’ episode I’ll talk you through the pros and cons of running a End of Financial Year Sale plus my top 4 tips on how to make it your most successful yet!
See the full show notes and links, including a transcript of this episode here.