All You Need to Know about Sourcing Inventory for a Flea Market in Ontario

2018-04-19

Picking up bargains is something every buyer and shopaholic enjoys. While it is fun to pick up cheap products, it is not often you find quality products at rock bottom prices. But this does not mean that there is no market, and no customer base for cheap products. Some products are cheap because they are low quality, but then there are some products that are cheap because they might be old, used, or sold through a specific outlet, like a flea market.

Yes, flea market merchandise is cheap, and often you might think that products sold at such places are old, broken, scrap, used, which explains the price. However, with the supply chain options changing drastically with the power of internet and smart sourcing, you should not be surprised if you come across some really cool merchandise in practically new condition at a flea market stalls in Canada’s Ontario. Here’s the reason why.

Stocking a Flea Market Business in Ontario, Canada

Speaking in traditional terms, a flea market stall has usually been stocked by people selling their old, used merchandise, or products they assembled from scrap parts into a functional unit. However, nowadays liquidation companies and liquidation platforms such as Direct Liquidation, enable flea market stall owners to stock up with cheap merchandise that is not necessarily used, or broken. While products offered through our platform are mostly customer returns and reviewed but non-functioning items, there are pallets and lots that bring a significant profit and resale appeal such as closeout or overstock merchandise, which is practically brand new. Now these products do come at a price that might be beyond the flea market budget, but the mentioned customer returns hide an opportunity for flea market stall owners.

Products come in different conditions, but at the same time, customer returned products are returned for various reasons. Maybe the buyer got a new item while the one they ordered was in transit, maybe the seller shipped the wrong size or color, maybe there was some blemish or slight cosmetic damage sustained during transport, all these are valid reasons for returns. Sometimes buyers simply don’t want to use the product any longer and return it within the return window. So what does this mean for you? Well, often you will find unsorted customer returns being offered for sale. These, together with tested, not working products come at the lowest prices, but can be the merchandise you are looking for.

Each of those unsorted customer return pallets could include one item that has been returned unopened in its original packaging, worth as much as your whole lot. It is a risk worth taking, at a low, flea market budget price. In addition, if you end up with scrap parts, you can sell them individually, and sometimes you can use them to bring one product to life that could repay your whole investment.

But how do you know what you are buying? Well Direct Liquidation provides you with a manifest, a list of products contained in a pallet or a lot. So if you maybe have a box of smartphones at home with broken screens, you could look for a lot of the exact same model that has functioning displays but speaker issue or something similar. Buy such lot, combine the working pieces and you have yourself a small batch of functioning smartphones worth a lot more than what you paid for the lot.

And why did we mention Ontario, Canada? Well, if you operate a flea market stall near Brampton, you could save further on shipping since our warehouse is located in Brampton and you could pick up the products you purchase yourself and start earning that extra bit of cash.

View all Canadian liquidation lots here.