Do you run a business specializing in selling home improvement merchandise to the public, to other businesses or to both? If you do, you’ll know how important it is to stock the best quality products at prices that are both competitive and attractive to your customers.
It’s no secret that, in recent years, wholesale prices offered by traditional sources have practically fallen in line with retail prices, making it harder and harder for businesses such as yours to make a profit. After all, if you’re to offer a good price to your customers but you bought the stock at almost the same price you plan to selling it at, there’s very little money to be made.
So, what can you do to combat this problem? Is there somewhere you can source the top-quality merchandise your business requires without breaking the bank? Is there somewhere that can provide you with everything your business needs at a price that will make sure you stay one step ahead of the competition?
The answer is yes. You can indeed source excellent-quality home improvement merchandise at a cheap price if you switch to buying pallets of liquidated stock from an online liquidation marketplace.
Unlike traditional wholesalers, a liquidator deals directly with some of the largest retailers in the United States. Every year, retailers such as Walmart, CostCo, Target and Amazon need to sell on huge amounts of customer returns, overstocked merchandise, closeouts and tested-not-working stock from their warehouses and stores to make space for new products and seasonal merchandise.
Working in partnership with a reputable, top-tier liquidator, big-name retailers use a liquidator’s website as a platform to sell through to businesses all of this unwanted cheap wholesale merchandise. And because they want to sell it as fast as they possibly can to free up that valuable shelf space, they’re willing to let liquidators sell it via live auctions to their customers at a fraction of its MSRP value.
The advantage of sourcing home improvement stock from a liquidator is clear – your business will have a steady supply of new and nearly new products manufactured by some of the biggest names in the industry such as Stanley, Black & Decker, Hyper Tough and Mainstays. Aall this top-quality merchandise can be bought at a much lower price than traditional wholesalers can offer.
And with more stock arriving on a liquidator’s website every day, there’s always something new to buy, meaning you’ll never run out of the items your home improvement customers require.
Whatever you’re on the lookout for, from power drills, circular saws and angle grinders, to tool kits, workbenches, sockets and wrenches, you’ll find just what you’re looking for on a liquidation marketplace. And because the tools and accessories you need for your home improvement business come direct from big name retailers, all of these great products are available to buy at wholesale prices other suppliers simply cannot match.
Sold in pallets or truckloads on a liquidator’s site, there are several ways to purchase top quality merchandise such as customer return pallets at prices that mean you’ll have plenty of room to sell on to your customers at a great price, and keep your competitors at bay.
You can bid for a pallet, pallets or a truckload of stock via live auctions that take place throughout the day. Depending on how many companies are bidding, you may well walk away with a pallet of stock that comes in at close to or even bang on the liquidator’s reserve price.
Obviously, you have to a have a top figure in mind, and you’ll need to stick to it. There’s often the temptation to go ‘bidding crazy’, which can lead you to buy stock at a price that’ll put you in danger of not making a healthy return on your purchase. Sticking to a top figure you won’t go over is paramount when bidding on a pallet of goods. If the pallet goes over your top figure, don’t worry. A liquidation business such as Direct Liquidation has plenty more stock arriving daily. You won’t have long to wait before what you want to buy for your business is available to bid on again.
If bidding on a pallet of home improvement merchandise is not the way you like to buy stock, don’t worry. A liquidator also offers its business customers the opportunity to purchase wholesale pallets of top-quality home improvement merchandise at a fixed price via the ‘buy it now’ button on each lot’s landing page.
And you can always approach a liquidator directly with an offer of your own. Liquidators are very accommodating to offers, meaning you may well bag an even bigger bargain. And don’t forget – just like you do in your business, a liquidator values customer loyalty. Something to bear in mind for the future.
In this day and age, it’s getting harder and harder to make money in many retail sectors thanks to the rise of e-commerce, an abundance of competition and the fact wholesale prices are pretty much on a par with retail prices. Making money under these pressures may seem almost impossible. But, as we’ve explained, there is still a way that you can source the merchandise you need for your business at a much lower price, and that means you’ll be able to sell the stock you sell to your customers at a lower or similar price to your competitors.
And best of all, being able to sell the home improvement items you buy from online wholesale suppliers such as Direct Liquidation at such a low price also means you’ll keep your customers happy and eager to come back for more.
Happy customers spending their dollars with you and not your competitors is the way to healthy profits and a bright future for your home improvement business. Luckily, a liquidator such as Direct Liquidation is here to supply your business with everything it needs to keep customers happy, the competition at bay and plenty of profits for many years to come.
If you’re looking where to buy pallets of merchandise to make more money from selling home improvements, then you need look no further than what a liquidator can offer your business. It may well be the best decision you make all year.
Direct Liquidation is a goTRG company.
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Bid on bulk quantities of returned, overstock and refurbished inventory directly from Walmart
stores and Walmart.com.