Bargain Bin

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Bargain bin refers to the unsorted selection of merchandise that has been discounted in price like software, CDs and tools. The major reasons for providing discounts can be the due to the closure of a production company, a steep decline in the popularity of an item in the aftermath of a scandal or a fad, or because a particular product line being discontinued.

The term bargain bin originates from the fact that such items would be found in an isolated bin and not on store shelves. A similar term, “Bargain basement”, is now used as a synonym which means a basement in downtown department stores. Here, merchandise for clearance are placed regardless of which section of the store it came from.

If a seller wants to sell different types of products as soon as possible, which may be due to various reasons, he keeps all the products in a single box rather than keeping it at their designated shelves and sells at a heavy discount rate so as to attract more customers.


The reasons for placing a bargain bin in shops are plenty. The demand for merchandise may be declining continuously; the manufacturer has stopped product production or have launched a better product and is now waiting for clearance of stock; seller wants to free up the shelves for placing new products which could probably be of better profit margins.

About RCBS: RCBS is popular as one of the best MBA colleges in Kochi, Kerala located where you can choose your long term career. Rajagiri Centre for Business Studies Kochi offers post graduation courses MBA, IMBA, MHRM, PGDM etc. Grab your Admission at RCBS one of the best business schools (b schools)in Kerala.

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