This post is part 6 of a 6 part series explaining steps to take when starting a flea market...Read More
Tag: Flea Market
Free Boot Camp Series
Those that are NEW to the liquidation industry should start with our Boot Camp Series
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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.