Over the weekend I received another email question and a few comments from someone who just purchased The Liquidators Guide. This blog reader lives in Mexico and has questions about sourcing shelf pull and overstock clothing from a US supplier.
Here is the email:
My name is Francisco, and I live in Monterrey, Mexico but have shipping addresses in Texas.
I just purchased your guide yesterday and I have just finished reading it. I am sure that reading all the information in less than 10 hours assures my interest in the liquidation business.
I buy wholesale items from a liquidator and their stuff sells well, it is basically Macy’s items. I get them for $6.05 a piece + free shipping (this made me think that this guy gets the items for less than $3 dollars! I want to do that to; I would like to buy directly from the big stores.
Reply – Your assumptions about pricing are close, but remember, Macy’s liquidates Job Out RTR clothing based upon percentages. They do not liquidate items for a flat price per piece. So, let’s think about this for a minute…if you did purchase Macy’s clothing at $3 per unit direct it would be because the overall load value was low. Higher load costs translate to higher valued items within the entire load. To put it into perspective 100 leather jackets have far more resell-able value than 100 T-shirts.
I would like to know if these companies will sell their stuff to me if I live in Mexico, I would provide my US address (my parents have lived in the states for 20 years). I can use any payment method they accept.
Reply – Yes, you can buy direct with a US address. My suggestion would be to purchase and ship to your parents location. From there you can have your parents assist with shipping out of the States.
This business works very well! I sell stock at wholesale prices too. Now reading your guide, which is very valuable and interesting, I believe another idea I could implement would be similar to the example you cite of the guy who sold 100 new overstock adult hosiery & Lingerie wholesale on eBay for $227 and making a profit of $77 USD. This would be awesome since my parents would not have to have stock or inventory.
Reply – You have hit upon a very popular business model; drop shipping works when you have done your homework. Finding reputable suppliers is a must when considering a dropship business.
I am really interested in making big money and help people make big money too. Currently I’m investing from $4,000 to $7,000 USD per month within the liquidation industry. I hope you can answer my email or let me know if I can give you a call. I understand you are busy, but I would like to have a chance to speak to you and learn some of your tips.
Reply – It sounds as though you want to take your business to the next level, I really appreciate the fact that you want to insure your clientele is just as successful as you are. I hold this principle myself having helped thousands of people over years of my hard work. Please feel free to email with further questions!
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