If you’re in the business of buying and selling wholesale merchandise, you’ll no doubt always be on the lookout for a reliable source of good-quality stock that won’t cost the earth but will make you money.
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In recent years, one of the best ways of making sure a retail business has all the goods it needs is to switch to purchasing stock from a top-tier liquidation company like Direct Liquidation. Unlike traditional wholesalers, top-tier liquidators work in partnership with some of the biggest retailers in the country, offering them an online platform through which they can sell their unwanted customer returns, B-stock, overstock and closeouts direct to resellers at a hefty discount.
In Direct Liquidation’s case, that means you’ll find a huge range of top-quality resale items being sold on behalf of Amazon – one of the biggest retailers in the world. But where’s the best place to sell the resale items you buy from Amazon via Direct Liquidation’s online marketplace, how do you go about doing so and, crucially, how do you make money doing so? Let’s take a look.
Setting up an online retail business has never been easier than it is now. However, before you dive into the world of online commerce, there’s something you need to do first.
Before delving into the exciting world of online retail, it’s important to work out exactly what Amazon resale products you wish to sell. Doing a bit of research will tell you what’s currently selling well. A good place to start is Amazon itself, which will tell you what are the top-selling products in each of its many categories.
Another good place to look for what’s hot and what’s not is on social media sites like Instagram. You can also find out what people are interested in by checking out what recent product review videos have the most views on YouTube.
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Of course, you may want to specialize in selling one particular type of merchandise instead of following public buying trends. Research is still useful here too. If, for example, you wish to specialize in buying and reselling Amazon consumer electronics, visiting sites such as Amazon and YouTube will still point you in the direction of what the public wants to get its hands on most at the moment. That way, you won’t fall into the trap of buying merchandise wholesale that’s currently out of fashion or not required in large amounts because it’s the wrong time of year, for example.
There are many places where you can set up an online store. For starters, you can sell the Amazon resale items you buy wholesale from Direct Liquidation on Amazon itself. Setting up a seller’s account is easy. You have a couple of options when setting up an Amazon seller’s account. You can pick between two plans – Professional or Individual. A Professional account costs $39.99 a month but comes with a wealth of benefits such as access to categories not available to individual sellers and the chance to get your items into that all-important Amazon Buy Box. Professional accounts are for sellers who plan to sell more than forty items a month.
Individual accounts have no monthly fee. Instead, each item sold incurs a $0.99 charge. The advantage of having this type of account is that those just starting out don’t have to pay big, up-front fees, thus meaning they can grow their business without worrying about extra expenses. The downside is you won’t have access to the Amazon Buy Box unless you also sign up for Amazon’s ‘Fulfilled by Amazon’ service which warehouses, picks, packs and ships all the items you sell.
Whichever seller’s account you sign up for, Amazon is a great way of reaching millions of potential customers.
Of course, Amazon isn’t the only place to sell the Amazon liquidation resale items you buy from Direct Liquidation. Shopify, for example, lets you set up a store on their site and they have three monthly packages ranging from $29.99 a month to $299 a month depending on the scale of your business. Best of all, Shopify offers new resellers a fourteen-day free trial of its service, meaning you can dive in and see if it’s for you without risking any of your money.
eBay is another popular site where you can set up your own store. The advantages to setting up a store on eBay as opposed to simply selling on the site include no insertion fees and lower final value fees. To set up a store, you’ll need to set up an eBay account, set up a secure payment method and then subscribe to either a monthly or yearly account.
As well as these three popular sites, it’s also worth your while seeing what sites like Wix, Weebly and EKM can do for you. Check out the reviews for the many and varied eCommerce sites, see what packages they have to offer and pick what you think is best for your business.
Once you’ve set up your online store, you’re going to need to let people know it’s there. Social media provides canny resellers with the perfect environment through which businesses can reach customers. So it’s worth setting up a Facebook, Twitter and Instagram account not only to see what others are interested in buying, but also as a way of reaching out to potential new customers. Facebook offers very reasonable advertising rates, and its clever algorithms mean the targeted ads you pay for reach exactly the right people.
When it comes to Instagram, being engaging and funny is the key to attracting new customers to your online store. If somebody likes your photos and tweets, you stand a better chance of selling them your products. Social media engagement is a vital and relatively inexpensive modern marketing tool and you really shouldn’t rule it out.
Of course, doing your research, setting up your store and reaching out to potential customers means nothing if you haven’t got the right products to sell. Luckily, Direct Liquidation’s partnership with Amazon means you’ll find a huge range of top-quality Amazon products in a wide range of categories covering just about every retail niche you can imagine on Direct Liquidation’s online liquidation sales platform.
Sold via live liquidation auctions or for a fixed or negotiated price, pallets or truckloads of Amazon resale goods can be bought for a fraction of their MSRP value. This means you’ll have lots of top-quality merchandise to sell to your customers at very attractive prices. You’ll be able to make healthy profits because you’ve sourced your merchandise for such a low price. It’s a win-win situation.
By buying pallets of Amazon resale items from Direct Liquidation, you’ll get your budding new retail business off to a flying start, or you’ll increase the likelihood of your established business making money. If you’re looking to make money from reselling Amazon items online, look no further than Direct Liquidation.
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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.
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