Unsold
The adjective 'unsold' describes something that has not been purchased or disposed of through a sale. It applies to a wide variety of goods, properties, services, or even opportunities that remain available for acquisition. The state of being unsold implies a lack of demand, active marketing, or a failure to meet the conditions necessary for a successful transaction. Factors influencing unsold items could range from price and quality to location and market conditions. Persistence, a strategic plan or marketing approach, can influence the sale of the unsold item. Ultimately, 'unsold' suggests an unfulfilled commercial potential, the object remains without an owner or user, the goods remain in the inventory.
Unsold meaning with examples
- The car dealership was overflowing with unsold vehicles at the end of the year. They had offered incentives like a 'buy one, get one' free, but the expensive price tags and the current economic climate greatly influenced the unsold cars. The dealership planned to reduce prices in the coming months and hoped these unsold cars would finally find a buyer.
- The real estate market had many unsold properties. New homes with competitive designs were available at more reasonable prices. After the crash of the economy, many people who were interested in new properties did not have access to enough funds or did not want to take the risk of having a house they could not maintain. With the market cooling down, this influenced the unsold housing stock.
- After the concert, several rows of unsold tickets remained. The lack of popularity with the opening band was detrimental to the ticket sales. Despite the performer being hugely popular, the location of the performance led to many unsold tickets. The promoters were forced to lower prices.
- The artist was disheartened to see the gallery displaying several unsold paintings. She had put her heart and soul into them but had also set their price very high. After the gallery began to host her exhibit, the number of visitors at the art gallery was limited, influencing the paintings to remain unsold.
- The company had a warehouse full of unsold inventory after the holiday season. They needed to clear it out to make room for new products. After the rush of Christmas and the holidays, many customers were happy to wait to purchase similar items at a lower price. The company put the unsold items on a steep discount.