Managing perishable goods near expiration requires careful handling. To maximize profits: Optimize Inventory Levels: Align supply with demand to maintain optimal inventory levels. Implement Discount Points: Set pricing tiers as products approach their expiration date, offering discounts to sell them before they expire. Monitor Expiry Dates: Regularly check product expiration to ensure timely discounting and prevent losses. These strategies help manage perishable goods effectively and turn potential losses into profits.

To make the most of perishable goods close to their expiration date, consider offering significant discounts or promotions. Reducing prices or running time-limited sales can attract more customers who are looking for a good deal. This helps move the inventory quickly and ensures you’re still able to recover some revenue before the products expire. Additionally, implementing a loyalty or rewards program can be effective. Offer special deals on near-expiration items to your regular customers, which not only encourages them to buy more but also helps you clear out stock faster. Combining these strategies with effective inventory management ensures that perishable goods are sold before they go to waste, maximizing overall profits.

To maximize profits for perishable goods nearing expiration, apply dynamic pricing by gradually lowering prices as the expiration date approaches, encouraging quick sales while preserving value. Offer bundle deals or promotions like Buy-One-Get-One to increase volume without heavy discounts. Use flash sales or time-sensitive offers to create urgency. Implement targeted discounts for loyalty members or frequent customers. Also, promote "last chance" pricing through online and in-store marketing channels. By balancing urgency and value, you can sell through stock efficiently while maintaining profitability.

1. Discount Tiers: Gradually lower prices as products approach their expiration date to attract price-sensitive customers. Early discounts can help move inventory while maintaining reasonable margins. 2. Bundling: Bundle expiring items with other popular products to encourage bulk purchases. This can boost sales of both the perishable and non-perishable goods. 3. Flash Sales and Promotions: Leverage social media for limited-time offers, creating urgency and drawing attention to expiring inventory.