Driving Early Demand to Maximize Recovery Values
A national hardware and tool distributor engaged Hyper Group to evaluate and monetize a portion of its excess and obsolete inventory.
Hyper Group team members analyzed the inventory and familiarized themselves with the company’s systems, existing customer base, and sales channels. Hyper Group presented an inventory monetization plan that included an orderly sale process using several sales channels and pricing initiatives. Phase I included marketing the product to the Company’s customers while also tapping an expanded target list of possible buyers. Phase II would have included offering the remaining inventory to wholesalers and other “liquidation” purchasers; followed by and auction in Phase III if necessary.
Strong demand during Phase I of Hyper Group’s process exceeding expectations, leading to the Company extending our efforts in Phase I months longer than anticipated. Phases II and III were never needed.
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