As a person that is learning the wholesale liquidation business, you will be extremely surprised at how many businesses and retail stores will have excess stock and product surpluses. In fact, some of these companies are so large they will have an in-house merchandise liquidator. However, there are other companies that are not as large but need to get rid of this overstock. In many cases, they hire the services of a private merchandise liquidator in order to help them relieve their company of this excess inventory. So, where can you find a merchandise liquidator that can provide you with the opportunity to buy wholesale liquidation and make a profit?
The source! When it comes to buying wholesale liquidation, in order to make a profit – you’ll need to get as close to the originating source as possible. This means, you will need to find the company that is actually providing a product. There are so many people that get into this industry and find that they are the last of many people that a simple palette of wholesale liquidation products has been sold to. You have to figure that although you can find a merchandise liquidator, are they the actual brand company that is selling the product, or are they the last of a long list of merchandise liquidators that have made a profit on a pallet of products they’ve never seen.
Like any business, there is a profit to be made when it comes to buying and selling merchandise. This is also true when it comes to wholesale goods, clearance items, liquidation sales, bankrupt stock, excess stock, and liquidation pallets. People see that there is a profit when it comes to buying directly from the brand manufacturer, and then reselling these items to wholesale liquidation buyers. If you really want to make profits in this business, you will need to do whatever you can to cut out the middleman in order to maximize your opportunities when it comes to buying from merchandise liquidators and reselling those items to make maximum earnings.
So, to sum things up, you will not have to look hard when it comes to trying to find a merchandise liquidator. But you will have to ask yourself whether or not this particular liquidator is the actual source, or are they simply a middleman providing you with wholesale liquidation that has been bought and sold several different times. Get the information you need today that will teach you how to go directly to the source, and cut out everyone in the middle.
Our 2020 Liquidators Guide chronicles 12 years of wholesale product sourcing experience and includes my personal black book of direct source contacts! As an industry expert, I'll share the success I've enjoyed along with the mistakes I've made buying and reselling liquidation merchandise.
If you are thinking about buying pallets of liquidation merchandise from a liquidator, broker, or direct from department stores, you need to check out The Liquidators Guide