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Carol Scheafer

Best Ways to Sell Liquidation Products

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Every year, retail stores around the U.S. liquidate massive amounts of products. Most of these products are brand new and unopened. Liquidation products include customer returns, shelf pulls, overstock, seasonal merchandise, and more. Large retail stores package these items up on pallets and sell them to liquidation suppliers at deeply discounted prices. These suppliers then sort the merchandise by category and sell the liquidation pallets and liquidation truckloads to resellers.

Most resellers understand the benefits of buying liquidation merchandise. Purchasing pallets of liquidation allows resellers to obtain large amounts of inventory for less. They can then pass the discount on to their customers. This increases the chance of sales, repeat business, and referrals.

New resellers and those not familiar with liquidation products might not know the best way to offer these products for sale. Below details the top choices for reselling liquidation merchandise. It’s important to understand that one option will not work for every vendor. Resellers should analyze their goals before choosing a platform to sell from.

Selling Products Online

Many resellers choose to sell their products online through their own e-commerce website, national e-commerce website, or online auction. Selling products online allows resellers to reach a lot of people quickly. Unlike brick-and-mortar stores, consumers do not need to travel to a physical location to view and purchase products.

Selling liquidation products online eliminates geographic barriers. Online auctions provide an exciting opportunity for buyers and may help resellers collect more money for their products.

Selling Products at Open Air Markets

Another popular option, selling products through open air markets provides an excellent opportunity for resellers looking to sell to local customers. Purchasing liquidation merchandise makes it possible for resellers to get quality products for less.

Brick-and-Mortar Store

Resellers wanting to grow their business may decide to open their own brick-and-mortar store. Having a physical shop improves brand recognition in local communities. Store owners may want to consider buying liquidation merchandise by the truckload. This helps ensure shelves stayed stocked and prices stay low.

DT Lots offers liquidation pallets and truckloads of customer returns. Please contact us to reserve your load today!

 

Increase Profit Potential at Open Air Markets

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Selling products at open air markets allows resellers to get their products in front of local consumers. These markets attract hundreds of people, all of which are looking for a deal. Although many people think of used goods when they think of swap meets and flea markets, this isn’t all that’s offered. Many resellers offer brand new products at these types of markets.

Selling at flea markets provides resellers with the opportunity to reach a large number of people in a short amount of time. However, swap meets attract lots of vendors as well. With so much competition, it’s crucial that resellers do all they can to attract customers to their booth.

Purchasing customer returns and liquidation merchandise by the pallet or truckload helps resellers reduce the amount of money spent on inventory. Resellers can pass these savings on to their customers, increasing the chance of sales. Because swap meet vendors pay less for liquidation merchandise, they increase their potential profit. Offering brand new name products increases consumer trust and may increase the chance of repeat business and referrals.

Choosing a Liquidation Supplier

When selecting a liquidation supplier to work with, it’s important that resellers look for a supplier with experience working with open air market vendors. It’s also important to select a supplier that offers a wide range of merchandise for sale. Even if the reseller does not plan to expand their offerings now, this may change in the future. Partnering with a supplier that offers merchandise from multiple categories opens up the possibility for expansion.

When purchasing pallets or truckloads of liquidation merchandise, it’s important to inspect all items upon delivery.

Liquidation Supplier in Dallas, Texas

DT Lots offers pallets and truckloads of liquidation merchandise from a wide range of categories. Resellers can purchase our customer return pallets and liquidation truckloads directly off our sales floor. We also offer convenient shipping options.

DT Lots helps open air market vendors in Texas keep their shelves stocked and their customers happy. Please contact us for more information about our customer return pallets and truckloads.

 

 

 

Buying Customer Returns – Truckload vs. Pallet

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Purchasing customer returns provides an excellent solution for resellers wishing to maximize profits. When buying customer returns, resellers can choose between buying by the truckload or the pallet. This decision can be difficult for resellers just starting out. While both options provide numerous benefits, it’s important that resellers consider their budget, storage space, and personal preference before making their purchase.

Customer Return Pallets

Many resellers choose to purchase liquidation merchandise by the pallet. This is especially true for e-commerce sellers and entrepreneurs working from home. Pallets of liquidation merchandise are easier to handle and process. Many times, resellers store their pallet in their home or office. This completely eliminates the need to rent storage space. Purchasing by the pallet also makes it possible for resellers to list products quickly. Unpacking the pallet, checking each item, and taking photos takes very little time and effort.

Purchasing customer returns by the pallet saves money over having individual items shipped directly to your home or office. When resellers purchase merchandise by the pallet, they get a lot of merchandise delivered at once. This not only saves on shipping costs; it makes it easier to keep track of individual items. Depending on the supplier, the pallet arrives at the reseller’s location wrapped and sorted by type of merchandise. This makes it easy to store and access items as needed.

Customer Return Truckloads

Truckloads are an excellent choice for resellers with a physical location or larger operation. Shipping truckloads of merchandise costs less than shipping multiple pallets. However, it’s important that resellers ensure they have adequate space to store and sort their merchandise.

While truckloads of customer returns cost more than purchasing one or two pallets, they provide significant value to resellers. Buying merchandise by the truckload allows resellers to keep their shelves stocked with a wide variety of merchandise.

Resellers looking to obtain large quantities of quality merchandise could benefit from speaking with an experienced liquidation supplier like DT Lots. We have years of experience assisting e-commerce resellers, open air market vendors, and business owners keep their shelves stocked with quality products. Please contact us for information about our available customer return pallets and truckloads.

 

Top Reasons Companies Buy Liquidation Pallets

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Liquidation refers to the retailer’s process of disposing of excess or unneeded goods. Liquidation merchandise includes customer returns, overstock, shelf pulls, and close-outs. A lot of this inventory is brand new and unopened. Liquidation suppliers obtain this inventory from large retail stores and separate it into pallets and truckloads by category. It is then sold to resellers and small businesses at deeply discounted prices.

Resellers can make considerable profit flipping liquidation inventory. Below are the top benefits of purchasing liquidation pallets.

Lower Prices

When retailers receive customer returns or have an overstock of products, they need to clear it out to make room. Many of these stores do not have a lot of storage space, and unwanted inventory can quickly get out of hand. In order to free up space, they sell off this inventory at extremely low prices to liquidation suppliers. The liquidation supplier processes the inventory into pallets and sells it to resellers and small businesses at prices well below MSRP value.

Buying liquidation pallets and truckloads allows resellers and businesses to obtain large amounts of quality merchandise without spending a lot of money up front. Many companies purchase these pallets to keep their shelves stocked and their customers happy.

Brand New Condition

Most of the items purchased through liquidation suppliers is brand new, in its original packaging. Even pallets full of customer returns tend to be in excellent condition. This is because most items get returned before they’re even opened. This has become even more common in recent years with the increase of online sales. When consumers purchase products online, they often don’t know what they’re going to receive. Many items are returned simply because the product didn’t look like what they were expecting.

Name Brand Items

Because the merchandise offered comes from large retail stores, most of it is brand name product. Purchasing liquidation pallets allows smaller companies and resellers to keep their shelves stocked with recognizable brands, without paying a lot of money up front.

Choosing a Supplier to Work With

Companies have many choices when it comes to selecting a liquidation pallet supplier to work with. It’s important to locate a trusted supplier with experience working with resellers from a wide range of industries. It’s also important to find a supplier that offers a large selection of inventory.

Discount Truckloads offers liquidation pallets and liquidation truckloads to resellers, small businesses, and companies in Texas and beyond. We offer a wide range of liquidation inventory from all the best brands. Please contact us for more information about purchasing liquidation pallets or truckloads.

How to Make Good Money Selling Products Online

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Many resellers sell their products online. Selling products through an established online marketplace like Amazon allows resellers to reach a large number of people in a short amount of time. Most people know and trust these online marketplaces, making the chance of sales more likely.

While selling products online offers numerous benefits, it’s important to consider the costs involved as well. Resellers and small business owners are often surprised by the high cost of shipping, storing inventory, and sellers’ fees. Its crucial resellers do what they can to ensure they collect a profit on their products.

Purchasing liquidation inventory and customer returns by the pallet or truckload costs much less than buying individual items. It also costs less than buying product directly from the manufacturer. Many times, the cost of the pallet is a fraction of the MSRP value of the products.

Locate a Trusted Liquidation Supplier

Although many liquidation suppliers offer pallets of merchandise for sale online or over the phone, nothing beats visiting the facility and viewing the pallets yourself. Look for a liquidation supplier that allows you to visit their facility and purchase pallets right off their sales floor. Make sure they offer manifests that include all items included on the pallet and their MSRP value. Although many companies offer un-manifested loads as well, it’s a good idea to start with manifested pallets to see the quality of items offered. You can always expand into different types of loads after you’re familiar with the supplier.

Plan

Before purchasing your first pallet, it’s important to consider how you’ll store it, where you’ll list your products for sale, and how you’ll handle shipping. When purchasing one or two pallets, many resellers choose to store their inventory in their garage or a storage unit.

When choosing a location to store your product, make sure it’s easy to retrieve your items. It should be a location close to your home or office. When storing inventory in a storage unit or other business, make sure the business hours don’t impact your ability to keep to shipping schedules.

Listing Products for Sale Online

When listing products for sale online, make sure to take pictures from multiple angles. Use good lighting and a plain backdrop to make your listing look more professional. Provide as much detail about your products as possible. While you’ll want to offer products at discounted prices, it’s important not to go so low that you don’t make any money. Make sure to consider all costs involved with purchasing, storing, and shipping products when determining price.

When done right, offering liquidation merchandise and customer returns for sale through an online marketplace earns resellers impressive revenue.

Discount Truckloads offers liquidation pallets, customer return pallets, pallets of overstock, and liquidation truckloads to resellers and businesses. Resellers can view and purchase our pallets and truckloads right off our sales floor in Dallas, Texas. Please contact us for manifests or to request a freight quote.

Improve Your Chance of Success – Tips for Liquidation Buyers

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Although many resellers have heard that purchasing liquidation inventory can provide significant income, it’s important that resellers understand what they need to do to ensure the greatest chance of success. The following tips can help.

Get a Resale Certificate

Although having a resellers certificate isn’t always required to purchase liquidation pallets, it allows the reseller to do so without paying sales tax on the products they buy. A resale certificate also lets the liquidation supplier know that a reseller is serious about their business. This can help improve the relationship with the supplier.

Review the Manifest

It can be daunting to purchase a pallet or truckload of inventory without knowing what you’re going to get. Before purchasing anything, it’s important to fully understand what’s included and what it’s worth. Look for a liquidation supplier that offers complete manifests that include the type of products offered and their MSRP value. This will give you a good idea of potential profit. It also helps ensure you purchase products your customers actually want.

Understand Your Costs

A lot of money goes into shipping, processing, and storing inventory. When considering liquidation inventory, many inexperienced resellers only look at the cost of the product. However, it’s important to factor all costs before purchasing a pallet or truckload of inventory. The last thing you want is to purchase a load only to find you cannot get it to your location or process it in a timely manner. This can easily wear away at your potential profits.

Start Slow

It’s not uncommon for resellers to purchase more than they can handle when getting started. This can quickly lead to storage problems and money issues. This is true even for resellers and businesses with a large amount of working capital.

Resellers should start small. Purchase one or two pallets and see how quickly you can process and sell the items. If all goes well, consider purchasing 2-3 more from the same supplier. This way, you won’t end up with too much capital tied up in liquidation stock, and you’ll be able to see which products sell best.

Discount Truckloads offers a wide selection of liquidation inventory to resellers and small businesses. Resellers can purchase manifested pallets or truckloads right off our sales floor in Dallas. We also offer convenient shipping options. Please contact us for more information or to reserve your load today.

What Are Liquidated Products?

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Offering name brand merchandise allows resellers to attract attention to their business while eliminating the need to build and test a wide range of products. Most people are already familiar with name brand merchandise, making sales and repeat business more likely.

Although many business owners have heard that purchasing liquidated products can reduce the amount of money spent on inventory, not many understand what this means or where liquated products come from.

Customer Returns

Every year, millions of products get returned. This is especially true for products purchased online. As many as 30% of online purchases and 8.9% of in-person purchases get returned each year. 23% of these products are returned because the buyer received the wrong product. 22% are returned because the buyer thought the product would look different than it actually does. Many times, merchandise is returned unopened, in its original packaging.

Unfortunately, businesses cannot resell merchandise once it’s returned. They must consider it used. In order to clear space to make room for new product, large retailers sell their customer returns in bulk to liquidation suppliers like Discount Truckloads. Once received, the liquidation supplier breaks down the customer returns into pallets and truckloads. These loads are sold to resellers and small businesses at deeply discounted prices.

Overstock

Large retailers don’t typically have a lot of storage space available. Unfortunately, it can be extremely difficult for retailers to predict how much product they need. Change in demand can occur at any time, and products can quickly go in and out of style. When retailers order too much inventory, it can lead to major storage problems.

Overstock products are generally brand-new products or display models that the retailer no longer needs. Like customer returns, large retailers offer loads of overstock products to liquidation specialists.

Closeouts

When stores close or restructure, they’re often left with a lot of inventory. Depending on the circumstances, the store may need to get rid of this inventory very fast. Many retailers will offer their closeouts to liquidation suppliers, like Discount Truckloads. These closeouts are brand new product. Resellers can make significant revenue offering closeouts for sale.

Liquidation merchandise provides an affordable way for resellers to obtain high quality merchandise at deeply discounted prices. However, it’s important that resellers take their time to locate a respected and experienced liquidation supplier. This ensures the greatest chance of success.

Looking for a lot of inventory at deeply discounted prices? Discount Truckloads can help. Please contact us for information about our liquidation pallets and liquidation truckloads.

Buying Pallets of Automotive Parts & Accessories

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Resellers and small businesses can save a lot of money by purchasing closeouts, customer returns, and other liquidation inventory. Although most people understand the benefits of purchasing liquidation clothing or electronics, purchasing wholesale pallets of automotive parts and accessories provides numerous benefits as well.

We all know how expensive it can be to maintain a vehicle. Many people simply don’t have the money to keep their vehicles maintained. Unfortunately, this can cause problems in the future. Without proper repair and maintenance, vehicles must be replaced.

Offering Car Parts & Accessories for Sale

Many resellers at open air markets offer clothing, home goods, and furniture. Offering car parts and accessories can help resellers stand out, even in large markets with lots of competition. Consumers will appreciate the opportunity to view and purchase something new. Offering car parts and accessories may even help someone keep their car on the road a little longer.

Reselling liquidation car parts and accessories online or through open air markets allows consumers to obtain the things they need at deeply discounted prices. Offering closeout auto parts may even make it possible for consumers with older vehicles to get parts that are no longer available in retail stores. This is one of the main reasons people buy liquidated automotive parts.

Buying from a liquidation car part and accessory pallet supplier saves resellers a considerable amount of money over buying directly from the manufacturer. When resellers pass these savings on to their customers, it increases the chance of sales and repeat business.

Choosing a Liquidation Supplier to Work With

When choosing a liquidated automotive part supplier to work with, it’s important to locate a supplier with years of experience. Location is important as well. Although resellers can have liquidation pallets shipped directly to them, it costs a lot less to pick-up the pallets yourself.

Discount Truckloads offers a wide range of options for resellers, small businesses, and anyone looking to obtain a lot of inventory at deeply discounted prices. Our car part and accessory pallets include a variety of car parts from top name brands. We offer manifested pallets. This helps ensure resellers know exactly what they’re getting. We also offer truckload options for resellers looking to purchase multiple pallets. Resellers can view and purchase our automotive part and accessory pallets right off our sales floor in Dallas, Texas.

Please contact us to reserve your load or to request a freight quote. We look forward to hearing from you.

What Types of Merchandise Should I Buy to Resell?

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Discount Truckloads offers a wide range of quality merchandise for sale. Thousands of resellers and businesses purchase our liquidation pallets, customer return pallets, and liquidation truckloads to resell to their customers. These resellers offer products for sale in a variety of different ways.

What they buy is greatly influenced by where and how they resell their products.  While some resellers choose to specialize in one type of product like furniture or baby products, others offer a variety of general merchandise items for sale.

Open Air Markets

Many resellers choose to sell liquidation inventory at flea markets and other open-air markets. This option allows resellers to reach a large number of local consumers. While clothing sells very well at open air markets, there’s a lot of competition. Resellers just starting out might benefit from choosing another type of merchandise to offer.

Offering brand name small appliances, furniture, tools, or an assortment of general merchandise could give resellers a competitive advantage. Many vendors do not have access to these types of products. Purchasing liquidation inventory allows resellers to offer high quality products at deeply discounted prices, bringing more customers to their booth and increasing the chance of sales.

Amazon

Many resellers choose to sell electronics and small appliances on Amazon. The high number of people visiting Amazon each day increases visibility of products. Buying liquidation inventory and customer returns allows resellers to charge less than their competitors, improving the odds that shoppers will buy.

While Amazon provides an excellent platform for selling a wide range of products, it’s important that resellers follow Amazon’s guidelines regarding reselling customer returns. Failing to follow these guidelines could result in having their Amazon Sellers Permit revoked.

Online Auctions

Another popular option for selling a wide range of general merchandise, online auctions allow resellers to sell products to people around the world. Online auctions provide a fun and exciting opportunity for buyers, and resellers often find their merchandise sells extremely fast.

Before attempting to resell customer returns or liquidation inventory, it’s important to locate a respected supplier to buy from. DT Lots has several years of experience providing pallets and truckloads of quality merchandise to resellers and businesses. Please contact us to learn more about offering liquidated merchandise for sale.

 

Make Money Selling Customer Returns

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Large retail stores accumulate huge amounts of customer returns. Although much of this inventory is brand new, these stores cannot resell this merchandise on their shelves. Instead, they sell their customer returns in large loads to liquidation suppliers.

Resellers often purchase pallets and truckloads from liquidation suppliers to resell in shops, open air markets, or online through auction sites or ecommerce websites.

Locate A Respected Liquidation Supplier

Resellers have many options when it comes to choosing a wholesale pallet supplier. These companies often have a wide variety of merchandise. However, not all suppliers are the same. It’s important to locate a supplier with a good reputation for delivering high quality product. Wholesale pallet providers that offer pallets separated by category or type of products helps ensure you get exactly what you want. It’s a good idea to also ask if the supplier can provide manifests for all pallets and truckloads they offer.

Even if you don’t think you want to offer additional products now, choosing a supplier that offers a variety of merchandise ensures you’ll have the option to expand your business in the future. This can help ensure your long-term success.

Determine Your Goals

Before purchasing your first pallet, it’s a good idea to set goals and determine how you’ll track your progress. Typical goals include increasing sales, finding more leads, or improving customer service. Although many resellers attempt to set several goals at once, it’s a much better idea to only set a few and focus on meeting them over the next few months.

Wholesale Pallets in Texas

DT Lots offers liquidation pallets and truckloads of merchandise to resellers, businesses, and individuals. Resellers can view and purchase our customer return pallets right off our show floor in Dallas, Texas. We also offer shipping outside the area.

All of our pallets include a variety of quality merchandise from all the best brands. We have a large selection of manifested and un-manifested pallets and truckloads for sale. We separate our pallets by category to make shopping easy.

Please contact us for more information about our customer return pallets and truckloads.

 

 

7 Tips for Selling Customer Returns

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Purchasing pallets or truckloads of liquidation merchandise allows resellers to keep their shelves stocked and offer quality merchandise at deeply discounted prices. While this makes it possible for resellers to earn impressive profits, it can be challenging for the inexperienced. It’s important that resellers learn the ins and outs of reselling customer returns. The following tips can help.

  1. Location

Although many liquidation suppliers offer shipping options, resellers pay more money the further their merchandise has to travel. Shipping pallets and truckloads of merchandise isn’t cheap. Resellers could benefit from locating a supplier close to their physical location.

  1. Maintain A Good Relationship with Your Supplier

It’s important to maintain a good reputation when dealing with your supplier. This not only ensures a long-lasting relationship; it also helps protect your reputation with other suppliers.

  1. Keep in Mind That All Sales Are Final

When choosing pallets or truckloads to purchase, resellers should do their research and make sure they buy what benefits their business most. It’s not the suppliers’ fault if you make an impulsive purchase.

  1. Consider Potential Profit & Potential Loss

Not every pallet or load will contain a perfect selection of merchandise. Even the best loads may contain a few items you won’t want to sell.

  1. Make Connections with Other Resellers

Connect with other resellers to increase reach and profit. These connections can provide you with access to more merchandise and customers.

  1. Be Careful Selling Product on Amazon

Unlike online auction sites like eBay, Amazon has strict requirements when it comes to selling liquidation merchandise. If someone buys products from you on Amazon that they later claim was used or not authentic, Amazon will not accept your liquidation manifest as proof. This not only hurts your reputation as a reseller, it can lead to Amazon permanently revoking your Seller Account.

  1. Create a Backup Plan

There’s a market for every type of product. However, it’s important to understand that your chosen selling platform might not work for moving all your inventory. Make sure you have a backup plan for merchandise that doesn’t sell through your usual channels. This might include selling through local auctions, flea markets, or donating merchandise to homeless shelters or church thrift stores.

DT Lots offers quality liquidation merchandise to resellers, businesses, and individuals. We offer a wide variety of merchandise from all the best brands. Please contact us for information about our customer return pallets and truckloads.

Buying Merchandise By The Truckload

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Major retail stores collect a lot of customer returns, overstock, and end-of-season inventory. Although most of this merchandise is brand new, retail stores must clear it out to make room for other, more profitable items. Retail stores sell their overstocks and customer returns to liquidation inventory suppliers. The supplier then sells the merchandise by the pallet or truckload to resellers and other businesses.

There are numerous benefits to purchasing liquidation inventory. Purchasing liquidated merchandise by the truckload makes it possible to keep shelves stocked without putting a lot of money up front. This popular option allows businesses and resellers to offer high quality name brand products to their customers. Because resellers purchase these products at reduced prices, they can pass these savings on to their customers, increasing the chance of sales and repeat business.

Locate A Trusted Liquidation Merchandise Supplier

Before purchasing truckloads of merchandise, it’s important to locate a trusted supplier. Look for a supplier located close to your business. It’s also important to select a supplier that offers a wide variety of merchandise. Even if you don’t plan to offer products outside of a particular category now, having this option makes it possible to expand your offerings and grow your business in the future.

Ensure You Have Enough Space to Store Your Merchandise

Make sure you have plenty of space to store the inventory you purchase. Unless you have a large warehouse, it might be beneficial to rent a storage space. Keep in mind that you will need to move a lot of heavy pallets. You might need to rent a forklift as well.

Transport Your Merchandise

Although many liquidation suppliers offer shipping options, it may cost less to arrange your own transportation. If you plan to purchase truckloads on a regular basis, you may want to consider purchasing or renting your own truck to move product.

Texas Liquidation Merchandise Supplier

Discount Truckloads offers liquidation pallets and liquidation truckloads to resellers and businesses. Our facility is conveniently located in Dallas, Texas. Our truckloads include a wide range of quality merchandise from all the best brands.

Don’t miss out on this amazing opportunity. Contact us for information about purchasing merchandise by the truckload.