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liquidation

Best Ways to Sell Liquidation Products

April 20, 2021 By Carol Scheafer

Every year, retail stores around the U.S. liquidate massive amounts of merchandise. Most of these products are brand new and unopened. Liquidation merchandise includes 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 offer 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

April 13, 2021 By Carol Scheafer

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

April 6, 2021 By Carol Scheafer

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

March 30, 2021 By Carol Scheafer

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

March 23, 2021 By Carol Scheafer

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.

What Are Liquidated Products?

March 9, 2021 By Carol Scheafer

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

March 2, 2021 By Carol Scheafer

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.

Buying and Selling Liquidation Pallets of Electronics Online

January 5, 2021 By Carol Scheafer

Ecommerce websites like eBay and Amazon have become extremely popular platforms for resellers. Using websites like these allows entrepreneurs, small business, and even large companies to reach more people in less time than possible with any other platform. However, it’s important that resellers understand this highly competitive market. With just a little research and the right liquidation partner, resellers stand to make significant profit reselling liquidation electronics online.

Liquidation Pallets of Electronics

Many resellers offer electronics for sale online. With so many available, it can be difficult for resellers to get their products noticed. One of the best ways to stand out above the competition is to offer high quality electronics for less. This simply isn’t possible if the reseller pays full price.

Purchasing liquidation electronics pallets gives you access to high-quality products at a fraction of the price. When resellers pass this cost-savings on to the customer, they increase the chance that online shoppers will buy.

Where to Buy Customer Return & Overstock Pallets of Electronics

Many liquidation pallet providers exist, but they don’t all offer the same quality or service. Many wholesale suppliers mark-up the cost of their electronics pallets to help their business. This doesn’t leave much room to make money. It’s important to locate a respected liquidation pallet supplier with years of experience in the industry. The liquidation supplier you choose should offer quality electronics at deeply discounted prices.

DT Lots has a rich history dating back to the early 2000s. We offer a wide range of customer returns, overstocks, and liquidation pallets. We offer pallets of electronics from leading brands.

Selling Liquidation Electronics Online

Once you’ve located a quality liquidation pallet supplier, it’s time to list your products up for sale. Make sure to take several high-quality photos. Using a backdrop and appropriate lighting helps make your business appear more professional. When creating your listing, include specific details about your products that will interest the buyer. It’s important to list the product type and name in the title. This helps buyers locate your products quickly when they search the website.

Resellers and small businesses looking to make additional income or start a new business, could benefit from selling liquidation electronics online. DT Lots can help you get started! We have a wide range of electronics pallets available for sale. Please contact us for more information.

 

Planning to Buy Liquidated Goods for Resale? Make Sure You’re Prepared

December 18, 2020 By Carol Scheafer

Reselling benefits retail stores, resellers, and consumers. In addition to keeping overstock, customer returns, shelf pulls, and closeouts out of our landfills, purchasing liquidation inventory allows resellers to start selling fast with very little up-front cost. Because resellers pay less for liquidation merchandise, they are able to pass these savings on to their customers.

Entrepreneurs and business owners looking to resell liquidation inventory must consider some important factors before purchasing their first liquidation pallet or discounted truckload.

Storage Space

Although reselling liquidation goods doesn’t require as much up-front cost as other resale businesses, you still need to think about how and where you’ll store your merchandise. This is especially true if you plan to purchase entire truckloads of discounted goods.

Paying for Liquidated Goods

Before buying anything, you need to know how you will pay for the discounted merchandise you purchase. You will need to pay up-front for your merchandise as well as any shipping and storage charges.

Learn About State and Federal Laws Related to Resale

Requirements for resellers vary by state and county. It is up to the reseller to learn about the laws that apply to them. In order to resell merchandise on most U.S.-based platforms, resellers need to obtain a resale certificate. Many counties require resellers to obtain a business license as well.

Gather Information About Your Liquidation Inventory Supplier

When choosing a discount inventory supplier, it’s important to do your research to locate a trusted company with several years of experience. It’s also important to find a supplier that offers a wide range of inventory to choose from. Even if you don’t plan on offering different types of products now, selecting a supplier with a large selection of inventory leaves room for growth in the future.

Identify the Best Platform to Sell Your Products

Depending on the types of items you plan to resell, you may choose to offer liquidated goods for sale on online platforms like Craigslist, eBay, Amazon, or Alibaba. Some resellers choose to resell liquidated merchandise at flea markets and swap meets.

It’s important to research the types of people that are most likely to purchase the items you plan to sell. This will help you determine the best platforms to resell your inventory.

Ready to take the next step? Contact us to learn how DT Lots can help make your resale business a success.

 

 

 

Reselling Liquidation Inventory

December 11, 2020 By Carol Scheafer

Starting your own business takes a lot of research and planning. In addition to determining the space and people needed to run the business, entrepreneurs must decide what types of products to offer and how to effectively market and sell them to consumers.

Choose a Selling Platform

In order to begin making money without a lot of overhead, many entrepreneurs begin by selling products online. Selling products online does not require business owners to locate and maintain a retail store. All that is needed is adequate space to store inventory, a website where consumers can purchase products, and the shipping supplies needed to send products to the end user. Most online shops start as small operations then add more people and products as their business grows.

Another popular option, selling products at flea markets or swap meets requires minimal investment. Although vendors need a couple of people to run the booth and adequate space to store products, reselling merchandise at flea markets allows resellers to earn additional revenue fast. Resellers often use swap meets to get local consumers familiar with their products as they grow their business.

Resellers often face tough competition. Before selling anything, entrepreneurs need to determine creative ways to reduce costs and get a leg up on their competition. Purchasing and reselling liquidated inventory enables resellers to sell quality merchandise at a lower price point than other sellers.

What is Liquidated Inventory?

Liquidation is how large retail chains dispose of surplus merchandise. Liquidated inventory includes overstock item, returns, closeouts, and refurbished/reconditioned products.

Through contracts with large retail chains, businesses like DTLots purchase this inventory and resell it at heavily discounted prices to small businesses and resellers.

Choosing a Supplier

In order to ensure success, it’s important to partner with a trusted supplier. Several liquidated inventory sellers do not keep their inventory stocked, leaving resellers waiting for new products to arrive. This creates problems, especially as the reseller’s business grows and customers become more reliant on their products. When choosing a supplier, resellers should look for a company with a good reputation for fast delivery of a wide range of quality merchandise.

Final Thoughts

Reselling liquidated inventory enables entrepreneurs and small businesses to make significant income. However, it’s important that resellers take their time when selecting a supplier and deciding how to sell their products.

Ready to take the next step? Contact us to learn about our liquidated pallets and discount truckloads of liquidation inventory.

 


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