159 | How & When to Discontinue Product with Katie Hunt

Jun 23, 2020

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

Small Wins Lead to Big Wins

Building a business is a long game, won with patience, fortitude, intentional decisions and passion.​

​​Slow sustainable growth is how strong businesses are built and we want to help you get there.

​Join Proof to Product Labs, our new community experience OPEN NOW!

 

SUBSCRIBE

To subscribe on iOS, go to the iTunes page and subscribe to Proof to Product. On Android, you can listen using your favorite podcast app. 

WRITE A REVIEW

Writing a review on iTunes will help other product based business owners find Proof to Product as they are working to up level, scale, and build profitable and sustainable companies.

FOLLOW PROOF TO PRODUCT

Follow Proof to Product on Instagram for the latest updates.

JOIN OUR EMAIL LIST

If you'd like to receive more information about our upcoming episodes of Proof to Product including show notes and information about our guests, head over to www.prooftoproduct.com and sign up for our email list.  

SHARE

Be sure to share Proof to Product with all of the product based business owners that you know! 

ABOUT PROOF TO PRODUCT:

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!