Which type of goods generally have a higher turn rate?

Soft goods typically have a higher turnover rate compared to other types of products due to several factors. Soft goods are often items like clothing, textiles, and other fabric-based products that are subject to trends and seasonal changes. Because consumer preferences can shift rapidly and these products tend to be tied to fashion cycles, they often sell more quickly as customers seek out the latest styles.

The nature of soft goods encourages frequent purchases and the need for retailers to refresh their inventory regularly. For instance, apparel and accessories may only remain in demand for a limited time due to changing fashion trends, leading to quicker sales as retailers push to keep up with current styles. This higher turnover helps retailers maintain relevant offerings for their customers and can lead to increased sales volume.

In contrast, other types of goods, such as hard goods, which include appliances and equipment, generally have a longer life cycle and are purchased less frequently. Perishable goods, while they do turn over quickly to avoid spoilage, are usually consumed quickly and may not lead to as high a volume of repeated sales over time. Luxury items, on the other hand, often have a longer sales cycle since they are usually higher-priced and not purchased as frequently by consumers, leading to a slower turnover rate. Therefore, focusing on