With traditional wholesalers no longer able to offer the kinds of prices they used to – indeed, often offering prices that are closer to retail prices than wholesale ones – it’s no wonder retailers are looking around for alternative sources to purchase the goods they need for their businesses.
In a lot of cases, retailers are turning to top-tier liquidation companies, and it’s not hard to see why. Unlike traditional wholesalers and small-scale liquidators, top-tier liquidators work in partnership with some of the country’s biggest retailers such as Target, Walmart, and Lowes, providing them with a platform where they sell their unwanted customer returns, overstock and closeouts through to retail businesses at a vastly reduced price.
The advantage of sourcing stock from these types of online wholesale suppliers is clear. You’re getting top quality merchandise made by some of the world’s leading manufacturers, coming from some of the most trusted names in US retail. And because the big-name retail companies wish to dispose of their closeouts, customer returns and overstock quickly, they’re happy to take a hit on cost, meaning you’ll find a huge selection of top-quality merchandise being sold on a liquidator’s online liquidation marketplace at a fraction of its retail value.
So, how easy is it to buy pallets of stock from a liquidation business? Well, let’s take a look at buying Walmart liquidations, in particular, closeouts and overstock.
At first sight, closeouts and overstock might appear to be the same thing, but there are differences. They are as follows.
‘Closeouts’ is the term used to apply to stock that Walmart wishes to dispose of for a number of reasons. Merchandise that comes under the umbrella of ‘closeouts’ includes seasonal goods that take up valuable warehouse space once the season comes to a close; stock that needs to be disposed of so that a retailer has enough space in its stores and warehouses for newer products; stock that is being disposed of as Walmart is closing one of its stores, and certain lines of customer returns.
As its name suggests, ‘overstock’ is product Walmart has over-ordered. Not even a company of the size and complexity of Walmart has a crystal ball, and therefore they have no way of accurately predicting how many units of a particular line of product they’ll sell.
Once newer lines of products are released, or Walmart needs shelf space for seasonal promotions, for example, overstocked merchandise must be sacrificed, and therefore the company looks to a liquidation business to handle its sale to businesses such as yours.
Direct Liquidation is a top-tier liquidation business that handles Walmart liquidations on behalf of the company. Walmart sells its unwanted closeouts and overstock through Direct Liquidation’s online liquidation marketplace, and it’s there that you’ll find a huge range of products that come under these two categories, from seasonal goods such as Halloween products for kids to electronics overstock that’s made by some of the biggest manufacturers in the world such as Samsung, Sony, Microsoft, and Apple.
So, how easy is it to buy a pallet or truckload of Walmart closeouts or overstock from Direct Liquidations? Well, let’s a take a look.
On Direct Liquidation’s site, a handy drop-down menu located at the top of the page allows you to shop in a wide range of categories from ‘Automotive’, ‘Clothing, Shoes and Accessories’ and ‘Electronics’, to ‘Patio & Garden’, ‘Sports, Fitness and Outdoors’ and ‘Toys’.
Whatever type of Walmart closeout or overstock you’re looking for, you’ll be able to navigate to its section on the site with ease. Once there, you’ll find a list of pallets of closeouts and overstock that is being auctioned off or will be auctioned off in the near future.
Once you find a pallet of goods you’re interested in, you can set up an email alert which will notify you prior to the pallet going under the hammer in a live online auction. Then it’s just a matter of setting a limit on what you’re prepared to spend, entering bids up to your limit and sitting back and waiting to see if your bid is successful.
Don’t worry if a pallet of liquidated stock goes for above your limit. With hundreds of lines of Walmart closeouts and overstock being sold through Direct Liquidation’s site on a daily basis, you won’t have long to wait until a similar pallet of goods comes up for auction again.
Oh, and if bidding in an auction is not for you, don’t worry. You can also pay for it at a fixed price via each lot’s ‘Buy It Now’ button, or you can approach Direct Liquidation directly and make them an offer.
If your bid is successful, you can pick your pallet, pallets or truckload of merchandise up from one of Direct Liquidation’s distribution centers, which are conveniently located alongside highways very close to Walmart distribution hubs from the following locations across Canada and the United States:
Blacksburg, South Carolina
And Brampton, Ontario, Canada
If you would prefer to let Direct Liquidation’s logistics experts handle your shipping for you, they will be only too happy to oblige. Each lot has a handy shipping and handling costs calculator that will show you how much it will cost you to let Direct Liquidation take the shipping strain. You may find it’s actually cheaper for Direct Liquidation to ship your goods than it is for you to do so, so always make sure to quickly check the shipping calculator to see if you can potentially save money.
So, we’ve explained how easy it is to buy pallets or truckloads of Walmart closeouts and overstock via Direct Liquidation’s online liquidation marketplace, but what if you have concerns about the quality of the goods available? If you’ve had any experience of dealing with small-scale liquidation businesses or companies purporting to be liquidators, it’s no surprise if you’re cautious as these types of companies often indulge in unscrupulous practices such as cherry-picking the best stuff from pallets, manipulating manifests and selling pallets of third-rate garbage to unsuspecting businesses.
Luckily, Direct Liquidation has a reputation to uphold thanks to its partnership with Walmart. As a trusted big-name retailer, Walmart will not tolerate being associated with such shady practices, which means Direct Liquidation’s reputation must be squeaky clean if they are to carry on doing business with one of the giants of the retail world.
You’ll find no cherry picking, no dodgy manifests, no third-rate goods on Direct Liquidation’s platform. Every pallet sold is as described on the manifest, and everything Direct Liquidation sells comes with its own 90-day warranty. And a dedicated customer service team is on hand to help you with any problems or questions you have.
All this should give you peace of mind that when you buy from Direct Liquidation, you’re buying genuine, top-quality cheap wholesale merchandise at a great price that will leave plenty of room to make a healthy profit. If you’re on the lookout for Walmart closeouts and overstock, check out Direct Liquidation’s online liquidation marketplace today. We guarantee you won’t be disappointed.
Direct Liquidation is a goTRG company.
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Diego works as a sales representative for Direct Liquidation helping businesses to source liquidation inventory from the world’s top retailers and manufacturers. Diego works with single pallet, LTL and truckload buyers directly to ensure they stay in stock with high quality inventory year round.
Schedule a sales callback with Diego right now and find out how he can help your business profit with liquidation merchandise.
Bid on bulk quantities of returned, overstock and refurbished inventory directly from Walmart
stores and Walmart.com.