Soaring Profits with Wholesale Liquidators!
By Robert Cyr
I read recently about Viatrading's expansion from 63,000 to a massive 227,000 square foot warehouse and the news added another reason to reaffirm my opinion about closeout merchandise. Companies like Rgriley.com, Genco, Roden Surplus Imports and Ca Liquidators have continued to have impressive growth over the last couple of years due to the nature of their "niche" market. Yes, I stated the Buzzword "Niche" because wholesaling closeout or surplus merchandise in my opinion is a specialized sub category of wholesaling in general.
Why are liquidators who distribute closeout, surplus and customer returned merchandise doing so well? I believe the biggest reason is due to the current state of our economy in general. Consumers, faced with less spending power, want name brand products at "better than" fair pricing when they are out retail shopping.
Seasoned retail entrepreneurs understand that it is important to follow the trend of consumer spending in order to be successful. Small store owners and online auction sellers are constantly looking for inventory with brand appeal and the ability to purchase that inventory at the lowest possible price. The savings can then be passed on to a client base.
Enter wholesale liquidation merchandise. This niche category of wholesale merchandise includes overstock; customer returns and shelf pull items from the some of the Nations largest big box retailers. Sold in small pallet quantities, by wholesale liquidators, the average reseller can now offer top name brands at less than retail pricing.
Jargon used when describing Liquidation Merchandise:
Closeout Merchandise: New excess inventory no longer being stocked by a retailer.
Customer Returned Merchandise: Customer Returns are offered by department stores or catalog companies usually, a percentage of merchandise will be unsellable due to damage.
Overstock Merchandise: New merchandise that does not make it to the retail shelf. Usually deemed "Overstock" when a retailer has purchased more inventory than the store can sell.
Shelf Pull Merchandise: Inventory that has been sitting on the shelf for an unspecified amount of time and is pulled to be liquidated on the wholesale market to gain revenue for the retailer. May have retail price tags affixed.
If you retail through a traditional "Brick n' Mortar" store or if you are selling online through auctions like ebay, you should at least explore wholesale liquidation merchandise. often, you can purchase small pallet quantities of top name brand merchandise at unheard of pricing.
Visit wholesale liquidators right here at WholesaleEz.com
This post brought to you by:
I read recently about Viatrading's expansion from 63,000 to a massive 227,000 square foot warehouse and the news added another reason to reaffirm my opinion about closeout merchandise. Companies like Rgriley.com, Genco, Roden Surplus Imports and Ca Liquidators have continued to have impressive growth over the last couple of years due to the nature of their "niche" market. Yes, I stated the Buzzword "Niche" because wholesaling closeout or surplus merchandise in my opinion is a specialized sub category of wholesaling in general.
Why are liquidators who distribute closeout, surplus and customer returned merchandise doing so well? I believe the biggest reason is due to the current state of our economy in general. Consumers, faced with less spending power, want name brand products at "better than" fair pricing when they are out retail shopping.
Seasoned retail entrepreneurs understand that it is important to follow the trend of consumer spending in order to be successful. Small store owners and online auction sellers are constantly looking for inventory with brand appeal and the ability to purchase that inventory at the lowest possible price. The savings can then be passed on to a client base.
Enter wholesale liquidation merchandise. This niche category of wholesale merchandise includes overstock; customer returns and shelf pull items from the some of the Nations largest big box retailers. Sold in small pallet quantities, by wholesale liquidators, the average reseller can now offer top name brands at less than retail pricing.
Jargon used when describing Liquidation Merchandise:
Closeout Merchandise: New excess inventory no longer being stocked by a retailer.
Customer Returned Merchandise: Customer Returns are offered by department stores or catalog companies usually, a percentage of merchandise will be unsellable due to damage.
Overstock Merchandise: New merchandise that does not make it to the retail shelf. Usually deemed "Overstock" when a retailer has purchased more inventory than the store can sell.
Shelf Pull Merchandise: Inventory that has been sitting on the shelf for an unspecified amount of time and is pulled to be liquidated on the wholesale market to gain revenue for the retailer. May have retail price tags affixed.
If you retail through a traditional "Brick n' Mortar" store or if you are selling online through auctions like ebay, you should at least explore wholesale liquidation merchandise. often, you can purchase small pallet quantities of top name brand merchandise at unheard of pricing.
Visit wholesale liquidators right here at WholesaleEz.com
This post brought to you by:
The Closeout Industry - A wealth of information centered around wholesale closeout merchandise. Author and consultant, Robert Cyr has educated thousands of entrepreneurs offering advice relating to sourcing name brand merchandise far below wholesale pricing.
Labels: Customer Returns, Ebay, Liquidations, Pallets, Wholesale
