Discount Truckloads

Truckloads & Pallets | All Budgets

800-608-6525

Para Español, Marque Numero 2

Truckloads

Top Reasons Companies Buy Liquidation Pallets

By

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.

What Are Liquidated Products?

By

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.

How to Start Making Money with Liquidation Inventory

By

Reselling liquidation inventory is an excellent way to make money fast without spending a lot of money up front. When done right, resellers stand to make impressive revenue.

Read on to learn how to start making money selling liquidation inventory.

Determine the Types of Products You Want to Sell

Before selling anything, you need to decide what types of products you’d like to sell. Depending on what you’re familiar with, this might be electronics, home appliances, clothing, or furniture. Although some people decide to sell multiple types of products, it’s typically best to start with one then increase your offerings as you grow.

Once you’ve determined your market category, you’ll need to conduct some market research. Consider your target market and demand for your products. This will help you determine the best platform for selling your inventory.

Locate a Reliable Liquidation Supplier

After conducting market research, you’ll need to find a liquidation supplier. Partnering with a trusted supplier helps ensure the quality of goods received. It’s important to find a supplier that offers a variety of goods and a continuous supply of liquidation merchandise. Even if you don’t think you’ll want to expand your offerings now, your goals might change in the future. Choosing a supplier that offers different types of liquidated merchandise leaves room for growth.

Obtain a Resale Certificate

Once you’ve found a reliable supplier, it’s time to get your resale certificate. This important certificate enables you to resell liquidated merchandise on popular websites.

Different states have different names for this certificate. Visit your state’s Department of Revenue website to learn how to apply and obtain the necessary certificates.

List Your items for Sale

You have many choices when it comes to reselling liquidation inventory. During your market research, you should have figured out the best way to sell to your target audience. While many people choose to resell liquidation inventory on ecommerce websites like eBay, you may also choose to sell your items at flea markets or through your own brick and mortar business.

When pricing items for sale, list your products at or just below their market value. This helps ensure the most competitive pricing. Just make sure to consider factors like shipping, taxes, and selling fees when determining your prices.

DT Lots provides a wide variety of liquidation inventory to resellers and businesses. Contact us to learn how to start making money reselling liquation inventory.

 

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

By

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.