Buying Liquidated Goods Wholesale By The Pallet Or Truckload
If you run a retail business either on Main Street, online or a bit of both, you’ll know how vitally important it is to buy the wholesale merchandise that is the lifeblood of your business for the cheapest possible price.
Back in the day, that usually meant purchasing stock from local wholesale suppliers. Unfortunately, the days when businesses could get a half-decent price from a wholesaler are long gone. It’s now the case that most wholesalers are adding such a mark-up to the goods they have to offer that their prices are nearly on a par with retail prices. As any retailer knows, buying wholesale merchandise at near-retail price is never going to return a good enough profit, and that could spell financial disaster in a very short space of time.
So, with wholesalers ruled out of the game, where’s the best place to buy wholesale merchandise that’s both cheap and of the best quality to attract the maximum numbers of customers while keeping those profits rolling on in? The answer is to buy pallets and truckloads of wholesale merchandise from a top-tier liquidation specialist such as Direct Liquidation. Here’s why.
What Is An Online Liquidation Marketplace?
An online liquidation wholesale marketplace is a live auction and sales website owned and operated by a top-tier liquidation specialist such as Direct Liquidation. Online liquidation marketplaces are the sites where some of the biggest names in US retail dispose of their unwanted customer returns, overstock and closeouts, as well as one of the biggest sources of wholesale refurbished products on the Internet.
Every year, companies such as Walmart, Amazon and Target find themselves in possession of large quantities of unwanted merchandise. Separated into the categories of customer returns, overstock and closeouts, this is merchandise that customers have brought back to stores for a number of reasons ranging from products not working to customers changing their minds; stock that a retailer has either over-ordered or it’s seasonal stock that is now surplus-to-requirements as the season the stock pertains to has passed, or merchandise coming from closing or restructuring stores.
All of this merchandise would clog the retailers’ warehouse shelves unless it can be disposed of quickly. This is where top-tier liquidators step in. Liquidators provide retailers with online liquidation auction spaces through which they can sell their unwanted returns, overstock and closeouts directly to businesses looking for great-quality wholesale merchandise at a much cheaper price than wholesalers can offer.
A Great Range Of Top-Quality Wholesale Merchandise
You’ll find a huge range of top-quality wholesale merchandise available to buy in pallets and truckloads via an online liquidations marketplace. The big-name retailers stock products from some of the world’s leading manufacturers, meaning the returns, overstock and closeouts they have available to sell are on the whole brand name products coming from companies such as LEGO, Sony, Samsung, Apple, DeWalt, Black & Decker, Adidas, Nike, Microsoft, Google and many more. You’ll also discover great value own-brand products on an online liquidation marketplace, such as Walmart’s ever-popular Mainstays and Blackweb electronics own-brands.
Retailers looking for great-quality products sold well below their MSRP value will find pretty much everything they’ll need on an online liquidation marketplace, whatever type of retail business they specialize in. For example, on Direct Liquidation’s online liquidation auction platform, you’ll find goods being sold on behalf of Walmart, Amazon, Target and Lowe’s Hardware in the following categories:
Automotive, Baby, Books, Clothing, Shoes & Accessories, Electronics, Fixed Assets, Food, Furniture, General Merchandise, Health & Beauty, Home, Home Improvement, Industrial Supplies, Jewelry, Office, Party & Occasions, Patio & Garden, Pet Toys & Pet Supplies, Sports, Fitness & Outdoors, Toys, Unsorted.
That’s a pretty comprehensive list of categories. Whatever your business requires, you’ll more than likely find it available to buy in pallets and truckloads being sold to businesses by the big-name retailers on an online liquidation marketplace.
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Buying Pallets And Truckloads of Liquidated Goods
Buying pallets and truckloads of liquidated goods online couldn’t be easier. If you choose to buy from the retailers Direct Liquidation sells wholesale merchandise on behalf of, all you’ll need to do is sign up for a free account. You’ll need to produce a valid reseller’s license during sign up, and once you’ve completed that, you’re free to search for a pallet or truckload of liquidated goods wholesale that suits your business.
Most pallets and truckloads of liquidated goods are sold via live liquidation auctions. These auctions take place daily on an online liquidation marketplace. Once you’ve found what you’re looking for, you can set up an email alert which will notify you when the action on the pallet or truckload of goods you’re interested in buying is about to go under the hammer. Once it does, you can enter bids up to your predetermined maximum bid and then sit back and wait to see if you’re the highest bidder. If you are, all you’ll then have to do is pay for your successful lot and arrange shipping.
A note on shipping – while it’s tempting to use a third-party courier to ship your goods, this might not always be the most cost-effective way of doing things., Be sure to check out what a liquidator charges for shipping before casting your net further afield. Oftentimes, the liquidator can ship your goods for less than a third-party courier, so it’s always best to check with them first as you might make even more of a saving.
If you don’t wish to bid for the liquidated goods you’re interested in buying, you usually have the option to buy a pallet or truckload of liquidated goods at a fixed price. If a liquidation lot has a ‘Buy it Now’ button attached to it, that means it can be purchased straight away. The price you’ll pay will still be way below the pallet or truckload’s total value, so you won’t miss out on making a profit by purchasing this way if you find it more convenient.
Finally, most liquidators are more than happy to hear offers from their customers. If you have a price in mind and the liquidator thinks that’s acceptable, that’s the price you’ll pay. As with any business, liquidators are more inclined to accept lower offers from loyal customers, so this is definitely something you should bear in mind for the future.
However you choose to buy from an online liquidation marketplace, one thing is guaranteed – you’ll be purchasing top-quality wholesale merchandise at the lowest possible price. This means you’ll have lots of great-quality products to offer your customers while ensuring your business continues to make a profit.
If you want a reliable source of excellent-quality wholesale merchandise sold at a price that will make your business money, it’s time to make the switch away from traditional wholesalers to a better wholesale supplier, and that supplier is an online liquidation marketplace.
Direct Liquidation is a goTRG company.
Eric works as a sales representative for Direct Liquidation helping businesses to source liquidation inventory from the world’s top retailers and manufacturers. Eric works with single pallet, LTL and truckload buyers hand in hand to ensure their businesses stay stocked up with the highest quality merchandise year round.
Schedule a sales callback with Eric right now and find out how he can help your business profit with liquidation merchandise.