How can I deal with slow-moving inventory?

You can use different strategies on slow-moving inventory like you can go for the external traffic through Amazon Attribution. Amazon Attribution gives insight that how your non-Amazon marketing channels perform on Amazon. Ans you will get 5% referral bonus on conversion through Amazon Attribution.
You can target different platforms for external traffic but most effective ones are Facebook and Pinterest.

you can run coupon and promotions on the listing and run the outlet deal if it is available and also go for the outside traffic or go with the aggressive PPC.

you can try to offer a higher percentage of coupons and promotions, spend on advertising and see if you can get some outside traffic for your product and also go with higher bids & placements.

You can run promotion, coupons and advertise your products properly or if there is listing quality is bad then you need to improve your listing quality and you can also use the external traffic.

Slow-moving inventory can be a challenge for any business, as it ties up valuable resources and ties up capital. Here are some strategies that you can try to deal with slow-moving inventory:

1: Identify the root cause: The first step in addressing slow-moving inventory is to identify the cause. This may include overstocking, inaccurate forecasting, poor product placement or presentation, or changes in customer demand.

2: Review pricing strategy: Consider reducing the price of the slow-moving items to clear out the inventory. This can also help generate revenue and cash flow.

3: Promotions and advertising: Promotions can be used to stimulate demand and draw attention to slow-moving inventory. Advertising campaigns and email marketing can help generate awareness and sales.

4: Donate or liquidate: If all else fails, consider donating the inventory or liquidating it through a third-party vendor. While this may not generate revenue, it can free up valuable storage space and reduce the costs associated with holding onto the inventory.

The best strategy for dealing with slow-moving inventory is prevention. Avoid overstocking and conduct regular inventory reviews to identify potential slow-moving inventory before it becomes a problem.

if you are going through with slow-moving inventory, you can run promotion, coupons and advertise your products properly or if listing quality is bad then u have to improve it.