159 | How & When to Discontinue Product with Katie Hunt

Jun 23, 2020

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We spend years growing our product lines, working hard to add more SKUs and expanding into new product categories. But at what point is it too much? How much product is too much? On today's Proof to Product episode, Katie Hunt talks explains when you should consider discontinuing product. She also offers strategies for what to do with your discontinued inventory to recoup some costs. ON TODAY'S EPISODE:

When is an appropriate time to discontinue products
When you shouldn't discontinue something
How to get rid of inventory when you decide to discontinue a product
An example of a flash sale or fire sale
Why donating discontinued products might be a good option for you
Why you might want to bring in someone else for a fresh perspective

Full show notes at: https://bit.ly/PTPEp-159

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Proof to Product is hosted by Katie Hunt. Since 2011, Proof to Product has worked with thousands of product based businesses to help them up level, scale, and build profitable sustainable companies. You can find our show notes and additional resources at ProofToProduct.com. If you like what you heard today, please head over to Apple Podcast to leave a five star review and subscribe. Thanks so much for listening. We'll be back next week with a new episode!