Happy Thanksgiving, everyone! As we gather around tables filled with turkey, stuffing, and cranberry sauce, it’s hard not to think about what comes next—leftovers. Lots of leftovers. We’ll all get creative over the coming days, turning turkey into sandwiches or casseroles and finding ways to make the most of what we have.
But as a business owner, have you ever thought about your leftover inventory the same way? Just like those holiday leftovers, surplus products don’t have to go to waste. With a little strategy, they can be repurposed into something valuable.
Why Businesses Have Surplus
Surplus inventory happens for all kinds of reasons. Maybe demand didn’t match your projections, or seasonal items didn’t sell as quickly as expected. Whatever the case, it’s easy to feel like excess stock is just taking up space. But it doesn’t have to stay that way. Instead of letting it gather dust, let’s explore how to turn that surplus into a win for your business.
Take Stock and Get Creative
Start by identifying what you have. Whether it’s extra inventory, outdated marketing materials, or unused supplies, take a good look at what’s sitting idle. Then, think creatively about how to give it new life. For example:
- Bundle Deals: Pair slow-moving products with your top sellers for a value-packed offer.
- Holiday Promotions: Use surplus items as giveaways for Black Friday or Small Business Saturday.
- Donation Opportunities: If selling isn’t an option, consider donating inventory to a local nonprofit. It’s a meaningful way to give back to the community while freeing up space.
Marketing Your Surplus Strategy
Once you’ve found a way to use your surplus, don’t forget to spread the word. Whether through social media, email, or your website, let your customers know about the deals, bundles, or promotions you’re offering. People love a good deal, especially during the holiday season, and marketing surplus creatively can help you clear inventory while creating excitement.
Why Surplus Is a Gift in Disguise
Much like leftovers from Thanksgiving dinner, surplus inventory can feel like a problem at first. But with the right mindset, it’s an opportunity—a chance to get creative, delight customers, and even give back.
As we reflect on what we’re thankful for today, I’m grateful for the opportunity to connect with business owners like you. Whether you’re navigating holiday promotions, planning for 2025, or just trying to figure out what to do with those extra products, know that you’re not alone.
If you’d like to chat about strategies for managing surplus—or any other business challenge—I’m here to help. Reach out anytime. And in the meantime, enjoy your turkey sandwiches and your journey toward turning “leftovers” into growth.
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Happy Thanksgiving!
Jason Bass
