The tax deadline is fast approaching, but to some people tax time means refund time. A lot of...Read More
Category: Getting Started
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Free Boot Camp Series
Those that are NEW to the liquidation industry should start with our Boot Camp Series
The Liquidators Guide is filled with product sourcing techniques! With the guide you’ll get FREE access to a 33,000+ member Facebook Sourcing group filled with educational content and pallet and truckloads offers!
Flea Market Sellers
Check out our Flea Market Selling Series where we chronicle the steps needed to start a profitable business at the flea market selling liquidation merchandise.
Customer Returns: Sometimes just referred to as returns, this describes merchandise that has been purchased and then returned to the original retail, catalog, or online store for a refund or store credit. Often, returned merchandise is defective and/or in some way compromised.
Shelf Pull Merchandise: items that were merchandised in a retail setting and then removed for various reasons. A few reasons why might include: reached aging period, season change, new style or model available. The rate of damages is often far less than returns and often are due to excessive handling.
Salvage Merchandise: items have been inspected and found to be broken and/or missing parts.
Overstock Merchandise: Items that are in excess of retail need. Overstock items are often liquidated to generate capital for other inventory procurement.