Case Study

Surplus Co.- Turning surplus inventory into cash

Surplus Co.- Turning surplus inventory into cash

Pages 2 Pages

T urning surplus in v en t ory in t o c ash. T he tw o side s o f c ar d ac c ep t anc e . F o under and CE O Srul i Richler and his s a le s t e am whole s a le their in v en t ory t o in t ernationa l d is tri b ut ors f or the pr o duc t s t o e v en tua l ly r e t a i l o ut side the US mark e t. He us e d t o ac c ep t cr e d i t c ar d p aymen t s f r om his cl ien t s . “I ’v e had a lo t o f nig h tmar e-ish s t orie s wi th cr e d i t c ar d pr o c e ssing. T her e w er e time s when the c ar d c omp an y w o uld jus t hold mone y . It w as a he adache . Plas tiq s olv e d the s e pr oblems f or me . It ’ s f as t and hassle f r e e , ” Richler s a id. Be f or e Plas tiq, cr e d i t c ar d c omp anie s mig h t f r e e z e t ens o f tho us ands o f dol lars in p aymen t s , y e t S

Join for free to read