1. You could giveaway the product for free from your web site. Just because it won’t sell doesn’t mean people won’t visit your web site to get it for free. Give it away with a minimum purchase order.
2. Try auctioning off the product at an online auction like Ebay. You may make part of your investment back. If you’re lucky, you may even make a profit because people sometimes get into bidding wars and will bid a higher price than the product is worth.
3. Tie the product in as a free bonus for one of the more popualar products you sell. This will increase the perceived value of the
product you’re selling. People will feel they’re receiving more for less.
4. Contact businesses with the same target market and see if they would be interested in using your product as a free bonus for their product. You could place your ad on the product and get free advertising.
5. Sell your product to businesses at wholesale cost as a promotional product. Businesses are always looking for products they can giveaway to their customers with their advertising on the product. You could make part of your investment back.
6. You...
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