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.
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.