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.
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!