When to Cut Your Losses on Slow Stock
A sold item at a small loss is usually better than stock that sits. Here is how to decide.
Signals
- No sale in 45 to 60 days
- More sellers and a falling price
- Storage fees approaching
Options
- Lower the price in steps
- Sell on another channel
- Return it, if the window is open
- Remove it
The sunk cost
What you paid is gone. Decide from today's best outcome.
Learn
Record why it failed and adjust your rules.