What is another word for inventory-clearance sale?
Pronunciation: [ˈɪnvəntɹˌiklˈi͡əɹəns sˈe͡ɪl] (IPA) 
An inventory-clearance sale is a marketing strategy used by most businesses to sell off their products at a lower price than usual. The idea behind this sale is to reduce stock levels quickly and make room for new products. Other terms synonymous with an inventory-clearance sale include clearance sale, closeout sale, blowout sale, end-of-season sale, liquidation sale, and fire sale. These terms refer to the same concept of selling off products at heavily discounted rates. Consumers take advantage of these sales to purchase products and save money. Businesses benefit from inventory-clearance sales by making room for new products and generating revenue from the reduced-price sales.
