Clearance event意思

"Clearance event" is a term commonly used in retail and e-commerce contexts to refer to a sale or promotion where items are sold at heavily discounted prices in order to clear out inventory. The goal of a clearance event is to quickly sell items that a business wants to remove from its stock, often because they are overstocked, discontinued, or seasonally inappropriate.

During a clearance event, shoppers can find significant savings on products that may be priced below their original retail price. These events can be held both online and in physical stores, and they are often advertised through various marketing channels to attract customers.

It's important to note that the term "clearance" can sometimes be used more broadly to describe any sale or promotion aimed at reducing inventory, not just those that are explicitly labeled as "clearance events."