the sale of goods at extremely discounted prices, typically
when the seller faces bankruptcy or other impending distress.
The term may originally have been based on the sale of goods at
a heavy discount due to fire damage. A fire sale may or may not
be a closeout, the final sale of goods to zero inventory.
https://www.tradebit.com defines fire sale in two ways:
(n.) a special sale of merchandise actually or supposedly
damaged by fire.
(n.) a sale, as of assets, at reduced prices, in order to raise
Clearly, this report is not meant to focus on a sale of goods damaged
So what will this report focus on?
For our purposes, the definition will be slightly different and carry a
much less negative connotation. Here is how we will define fire sale
within this report:
A fire sale is the sale of products or services at extremely
discounted prices that raise slightly over a set period of days in
order to encourage and maximize sales and increase revenue.
While our definition is slightly different, a true fire sale is in the eye of
the beholder, and that beholder today is you!
If you are reading this report, then you must want to:
· Maximize efficiency
· Broaden your customer base
· Increase your revenue stream
Conducting a fire sale is an art and this report will help you fine-tune
your craft. And by the end of this report, you will become nothing
short of a fire sale expert or better yet, a fire sale magician leaving
friends and colleagues wondering just how did you do that?!
Lets dive in to your bag of tricks!
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