Our Platform Services Both Sides Of Buying & Selling To A Global Network While Facilitating The Process Of Asset Recovery
Clients can enjoy the many variations of purchasing Excess Inventory, Closeout Inventory, Return Merchandise, Overstock Merchandise in bulk, We offer solutions from small Minimums from small lots, Pallet lots, Box Lots, by the piece, up to trailer loads. We have simplified a filter tool to Narrow down all types of wholesale Liquidation Merchandise available for purchase.
Liquidations And Auctions How Are They Different
Orderly Liquidations
A liquidation sale is the process of selling the assets of a business in an orderly fashion over a period of time in order to achieve values that are close to market value. Liquidation sales are similar to store closings, when a store sells its remaining inventory. In industrial liquidation sales, the seller often reviews offers and negotiates prices. Assets, including land, machinery and equipment, may be sold over the course of weeks, months, and even years
The Benefits of Liquidation Sales Are:
- The main benefit is time: more time to conduct the sale, more time to find the best buyers.
- Longer selling time, giving sellers the time to find the right buyer, which can often result in higher prices.
- Sellers can review multiple offers, taking the time to decide which one works for them.
- Negotiation on the part of the buyer and the seller is the main driving force in determining what an asset sells for.
- Liquidation works better for more specialized or unique equipment, machinery or other assets. Often there are limited buyers, and a liquidation sale gives a seller the time to track down those buyers.
Liquidation Sales Have Drawbacks:
- Equipment and machinery will need to be stored until the sale.
- Mortgage payments for facilities, utility costs, security costs, and property taxes may need to be paid.
- If the sale takes place over months or years, costs can be high.
Auction Sales
The Benefits of Auction Sales Are:
Auction Sales Have Drawbacks:
Buying Truckload Liquidations Is A Great Way To Make Money
There is a wide diverse array of products to bargain at very good prices this is the major reason why people love to be involved in the buying and reselling of liquidated merchandise. It is also true that there will be a continual influx of stock to keep your business soaring! You get too intimate your customers on your products and keep them glued to you, all while spending relatively little yourself.
If you have not joined the train of those making merry flows of cash with just so little, why have you not started yet?
Give it a little thought and go about the processâ¦
Iâm sure youâd be eager to feed us back.
Also Check: Does Filing Bankruptcy Eliminate Tax Debt
What Is Truckload Liquidation
When you hear the word âLiquidationâ what comes to mind? You might essentially picture some series of unfortunate events capable of throwing existing businesses into extinction, but take a peek at this! Although liquidation sounds awful, it has proven to be an effective way of making and saving money. It is also instrumental in helping sell unsold or discontinued merchandise.
With respect to merchandise liquidation, itâs mostly overstock, closeouts, or customer returns.
Here is howit works:
The merchandise is purchased by wholesale liquidators that specialize in selling to secondary resellers or wholesalers. These resellers cater to customers who prefer to buy superior merchandise at low prices. It is possible to resell the merchandise due to the fact that it was purchased at a price quite lower than that of retail this makes it possible to extract some extra cash by reselling to secondary markets and other customers at a greatly reduced price.
Do you wish to know more about how this merchandise works and how you can lay your hands on a few tricks? Then keep on reading!
Orotex Is Your Best Choice For Bulk Lots Of General Merchandise
There are several options, however, none like Orotex Liquidation, due to the fact that most of these wholesalers lack the capacity to sustain a steady supply, in contrary to us that have direct agreements with the main retailers and would be able to deliver the goods to our customers on a consistent basis.
Read Also: What Is Non Exempt Property In Bankruptcy
Do You Require A Resale Certificate
Yes, in order to work with us you need to have a valid resale certificate unless you live outside U.S. If you are an international customer you will have to provide a valid business registration from your country instead. At this time we do not accept international customers. You can find more information about the certificate and how to get one, from our detailed blog post.What is a resale certificate and how to get one?
What Is The Difference Between Liquidation Sale And Auction Sale
When companies are faced with the need to recover assets, they have few options. The most common ways to recover assets are with liquidation sales and auction sales.
Understanding the distinction between these two types of sales can help a company make the right decision, whether it is looking to sell land, machinery or equipment.
Read Also: Homes Up For Auction
Wholesale Inventory For Any Sales Channel
Direct Liquidation is your #1 source for liquidations, closeouts, retail returns and refurbished inventory. In the past, large retailers and manufacturers simply didnt have the proper channels to offload their unsold and returned merchandise.
Today, this inventory is packaged into wholesale lots on marketplaces like DirectLiquidation.com and sold off to the highest bidder who then resells the merchandise for a profit via their own sales channels.
No matter what channel you use to sell from we have high quality merchandise available below wholesale prices that you can turn into profits for your business.
The History Of Wholesale Lots Available For Sale In India
Indian youth are becoming new consumers thanks to the advancement of education and economic opportunities. These young people are tech-savvy, well-educated and can open up new business opportunities to companies.
In recent years, India has seen a rise in the sales of all products. Fred report shows that the private consumption in INDIA has increased from 1998 to 2018.
According to Statista data, Indias retail e-commerce volume could increase from 2016-2022. This report shows that Indias urban consumers will dominate the Indian consumer market over the next ten years.
The overall growth in high-end goods is very limited. This is due to the local culture. The rich in India dont want to be proud of their wealth. The urban middle class in India is very small from the point of view of Indias population structure. The majority of people remain in the bottom classes.
Don’t Miss: Which Statement Regarding Bankruptcy Is Not True
Common Problems Buying And Selling Liquidation Stock
Selling liquidation stock is a popular but challenging business model. Rookie sellers often believe they can make huge profits by buying cheap inventory and selling it at the full retail price. But profit margins often fall far shorter than planned.
A common problem with buying liquidation stock is it is often difficult to know exactly what you are going to get. The condition of the items makes a huge difference to the value. Products can be faulty or broken, or might need repackaging or repairing. Even goods categorized as new in box might have dirty packaging from being on shelves for a long time. You can get good pallets and bad pallets, and its not always possible to know which it is going to be just from studying the manifest.
Many liquidation sellers will include in their manifest an indication of MSRP , which can make potential profit margins look appealing. But the true value of a product is the price that its selling for now, not the suggested retail price. By the time that products hit the liquidation channel, the current price will often be way below the MSRP.
Detailed and accurate manifests are very important. However, be aware that the more detail in the manifest, the higher the liquidation companys processing costs and therefore the higher their mark-up. You have to find a combination that works for you in terms of risk, investment and profit potential.
Why Source From Direct Liquidation
- More profit Bulk buy inventory and save big. We have 6 convenient warehouse locations to ship from allowing you to reduce your freight costs by shipping from a location close to you
- No middle man We are the direct liquidation agent for top national retailers and manufacturers. Buy direct from the source and cut out the middle man. We sell virgin loads that are not cherry picked.
- Large volume We can provide you with access to inventory quantities as large as truckloads across over 100 different product categories whether you need untouched General Merchandise, Apparel or sorted Customer Returns. Spend less time sourcing and more time selling.
- Less risk All of our lots are fully manifested **. You can see what you are buying before you actually bid.
- High quality inventory Our lots consist primarily of retail returns often in the original packaging. Brand new overstock and unsold inventory is available as well.
- Save time We also sell sorted customer returns pallets in over 40 different sorting categories. No need to buy a pallet of junk and sort it yourself, weve done the heavy lifting for you already.
- Steady supplier We receive a steady stream of new inventory by the truckload to make sure you stay in stock.
** Untouched GM and Apparel loads are not manifested. Sample manifests for these load types are available upon request.
Don’t Miss: Can You File Bankruptcy On A Car Loan
Where Do These Truckload Liquidations Come From
Just in case youre wondering where these truckloads of Liquidated merchandise originate from here is your answer.
It originates from a wide range of different retailers who specialize in everything from apparel to home goods to sporting goods and so on. These retailers sell their liquidation stock at unbelievably low prices because they are solely focused on getting rid of the excess merchandise within the shortest amount of time.
Here is an important rationale:
Considering the liquidated inventory, it may not be sold. Therefore it spurs the retailers to make necessary preparation for space creation at its warehouses. especially for retailers. More spaces are required for the merchandise to facilitate sales.
Top Liquidation And Clearance Websites For Ebay And Amazon Sellers
By Kate Merton
We look at the best US and UK websites for sourcing liquidation and clearance stock, with tips for buying profitable lots to sell online.
Liquidation and clearance websites can look very profitable. On the face of it, you can purchase goods at huge discounts. But its risky too. Sometimes you are given very little information about the goods or their condition and you could end up with a truckload of items with little or zero resale value.
Research is key. Which are the best places to buy from? How do they work? What are the differences between them? How can you find good products and maximize your chances of success?
In this article I will discuss how clearance and liquidation websites work and discuss the best ones available in the US and UK. I have only included those which:
- Sell liquidation stock such as customer returns and excess inventory
- Sell business to business only, not to consumers
- Offer online browsing and buying
At the end, Ill explain some common problems with buying liquidation stock, and give some useful buying tips.
You May Like: Is Kohl’s Filing For Bankruptcy
Buying & Selling Liquidation Made Easy
Easily access Inventory Featuring categories such as Cosmetic liquidation, Return and Closeouts Mixed Clothing Lots, Electronics, Wholesale shoes and footwear, Wholesale Designer Apparel and small lots of High End Clothing including Excess and return merchandise. Trailers of General Mixed Merchandise loads from leading National Brands and Liquidation centers have excellent profit potential. Need truckload of Return Tools? Furniture, Office supply and lets not forget Wholesale Baby products and Containers of Liquidation Toy lots. Exclusive and on demand products such as Wholesale Designer Handbags and High End Inventory and Shoes are also available.
General Merchandise Pallets By The Truckload
We offer great deals and lots that are bigger compared to anywhere else in the General Merchandise category. When you purchase a truckload of goods, you will save more with us every time.
On a daily basis, we receive these trucks of raw general merchandise, to be categorized in our warehouse located in Miami, Florida.
Shop truckloads and pallets of General Merchandise from United Estates Major Retailer Liquidations
You May Like: How Long Is The Bankruptcy Process
Why Not Wholesale Lots Of Merchandise From Chinabrands
You want to learn how to wholesale lots to make money? Continue reading.
Chinabrands offers the most competitive prices for high quality products that will grow your business. They connect manufacturers and buyers, which is the best thing about Chinabrands.
How does it work? Chinabrands warehouses are where the manufacturers store their inventory. There is no limit on the MOQ. Wholesale buyers can order the products online. Chinabrands will ship the goods directly to the buyer from the warehouses. Clearance and discounts are offered from time to help maintain warehouses in good condition.
* Daily Discounts and new arrivals
Chinabrands has more than 500000 products. Daily updates are made with new arrivals and special discounts. The clearance and closeout also get renewed daily.
* Flexible with less start-up capital
Are you able to afford the merchandise? Most liquidation suppliers require that you purchase in bulk. Chinabands allows any business to buy in bulk. However, you can only test one unit. You may not take on any additional risk because it is flexible.
* Ship orders almost anywhere
More than 10,000 logistics lines are available in 200 countries and regions. Global network of warehouses is also possible. Currently, there are 36 warehouses that can cover 20 countries like the USA, UK and Europe.
* You can sell in multiple channels
* Online Buyer Reminder Tools
* Professional QC technicians
Top Pick: Direct Liquidation
Direct Liquidation is an online, auction-based marketplace selling liquidation stock. The website covers products from over 100 different categories. Items can be overstock, shelf-pulls, or end-of-life products from North Americas largest retailers and manufacturers. Direct Liquidation also refurbishes items to the manufacturers original standards.
In order to bid, you must register for a free user account. You can search for merchandise by keywords, category, and/or the condition of products you are interested in seeing.
Like eBay, Direct Liquidation has a proxy bidding model. You enter your maximum bid upfront, then the system will automatically submit the lowest bid required to make you the top bidder. There is also a Buy Now price on some items, allowing you to bypass the auction process.
Each auction contains a detailed downloadable manifest containing item descriptions, condition, quantity, model numbers, UPCs and retail price. Manifests can be downloaded in Microsoft Excel format.
For brand new and refurbished items, Direct Liquidation provides a 90-day warranty from the date of product pickup. In very limited circumstances Direct Liquidation will accept returns, if the merchandise is in a grossly different condition or quantity than stated.
Customers can choose to have Direct Liquidation handle the shipping or arrange shipping for themselves.
Don’t Miss: Two Most Common Types Of Bankruptcies
Wholesale Lots Available For Purchase Online
Which liquidation lot do you wish to buy? How would you resell your stock? You only need to make a plan. Lets have a look at Chinabrands.com clearance products or continue reading as follows.
Keep in touch with them and get the best deals in the clearance bar. You will be able to make money selling wholesale lots.
The 8 Best Sites To Find Closeout Stores And Going Out Of Business Sales
Liquidation sales are great for bargains. Here are the best sites to help you find closeout stores and going out of business sales.
Nobody likes to see business liquidation sales. It’s often a sign of a struggling local economy, meaning a loss of jobs and livelihoods for residents.
But if there’s one upside, it’s the great bargains you can find. Businesses are desperate to shift every last bit of merchandise in their stock before they shut down for good.
If you want to find liquidation stores, going out of business sales, and closeout sales near your home, keep reading. We’re going to round up eight of the best sites to help you hunt them down.
You May Like: How Does Filing Bankruptcy Affect Me
How Do Clearance And Liquidation Websites Work
Retailers liquidate stock, meaning they sell it off cheaply and in bulk, because they cant sell it at full value through their brick-and-mortar stores or their websites.
Why cant they sell it at full value? Well, liquidation stock might include customer returns, that take a lot of manual work to check over, and even then cant be repackaged in exactly the same way as when they were new. Or it might simply be overstock the retailer bought too much of a particular product and has been unable to sell it all. When new products come along that will sell better, they need to make room in their warehouses and on their store shelves.
To clear this stock quickly, retailers often sell it to specialist liquidation companies very cheaply and in very large volumes. This gives them a quick return and minimizes the time they have to spend examining and cataloging the stock.
The liquidation companies then process the inventory item-by-item, package it into boxes or pallets, set the price, and sell it on to smaller businesses and marketplace sellers. The majority of websites listed here work in this way.
Some clearance and liquidation auction sites, like BoxFox and B-Stock, connect buyers and sellers directly, as an online marketplace, rather than buying the stock themselves.
