Get paid upfront for your surplus merchandise! Send us your inventory file (preferably a .xls) with as much product details as possible. Let us know how we can help you liquidate overstock merchandise. A variation on discounting overstock items is bundling them with other products which are selling better. If you are running out of options you may start to look into donating your excess inventory. I had the pleasure of working with Jon from Sell Inventory to liquidate inventory from select store closures. You can minimize costs, take advantage of consumer trends, and . Buying is our livelihood. Excess inventory, also known as overstock, consists of products that haven't sold yet and you're not anticipating they'll sell anytime soon. The categories of inventory include food, chocolate, paper products, housewares, electronics, furniture, and many others. Your brand is everything; treat it as if it is your baby. Apply to get daily payments and capital for your growing business in as fast as one business day. All rights reserved. To learn more about discovery marketplaces, be sure to check out our post on discovery shopping and what sells best on discovery marketplaces. Just made sense. LiquidateNow is an online platform with vast specialization in liquidating excess and unneeded inventory. We purchase small to large volumes of surplus and end-of-life inventory! Payability, Inc. 2022. Very professional and accommodating. We also believe in presenting you a fair and competitive offer for your products . Promotions subject to approval. Top 10 Wholesale Liquidation companies in The USA (2023) - Customer DOJO Ventures FZE, Technohub 1 - Dubai. tools. Advantages and Disadvantages of Reverse Logistics, The Advantages and Disadvantages of Excess Inventory. The liquidation process does not have to be stressful, and we assure you that with us, it wont be. We will buy your unsold or excess FBA inventory. What to Do With Leftover Inventory | by Kaleb Stropkovics | Small Disposing of excess inventory is a lose-lose for everyone and should only be considered if you have exhausted all your options. This cookie is set by Segment to count the number of people who visit a certain site by tracking if they have visited before. With over 20 years of experience, they help you face every excess electronic component in the most professional way. We're Closeout Buyers ready buy your closeout inventory to cash in your hands right now. For example Amazon FBA will return your inventory or destroy it for you for a cost. Described as Best of the Web by Forbes magazine; AAA Closeout is one of the best websites for closeouts and liquidation activities. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. 12 Websites to Liquidate Inventory & Make Money from Excess - SCMDOJO They even called and ask for our invoice for the sold items so they could pay us. To showcase sales items, make the most of end caps, displays and checkout line shelves. Well, here you are. 2.2 Next, They Sell The Overstocked Merchandise. With fees on consignment marketplaces often capping out at 20% with the seller netting 80% of the sale, you do take home less if you sell your unsold inventory to a consignment store. Copyright 2022 Fast Capital 360. Below, the websites links, process, year of expertise, among others are considered. As with bonuses, giveaways of overstock items can steer sales toward other items. Our motto around here is, we work around the clock so you dont have to. Analytical cookies are used to understand how visitors interact with the website. Excess Inventory, Closeouts, Surplus, Salvage, Customer Returns, Store Closings, Bankruptcies, Expiration and Date Code Issues, Irregulars, Factory Defects, Seconds Not only do we buy it all, but we PAY OUR BILLS IMMEDIATELY. While some are exclusive to clothing and accessories, others primarily carry furniture and home goods. Slow inventory movement may reflect a marketing strategy misaligned with your target market. Sometimes you have a surplus of inventory, or you receive reject or damaged materials. Bing Ads sets this cookie to engage with a user that has previously visited the website. 12 Ways to Sell Overstock Inventory | Fast Capital 360 We work with many wholesale resellers, each having their own specialty. This has been the engagement in the past 13 years. If you have friends, family or a nearby shelter that could use your overstocked or damaged goods this may be a good idea. California, Florida, Illinois, Mississippi, New Jersey, South Carolina, The Only Source of Knowledge, is Experience. Kole imports purchases closeouts in the categories of pet supplies, automotive, toys and many more at a wholesale price to buyers. We purchase excess inventory of nearly all categories of finished products and consumer goods. Take advantage of Overstock's Were not some new pop-up shop; weve been at this for decades.With over 100 years combined in the liquidation industry, theres a good chance weve had product similar to yours (if not exact), and know its true value. Well, there is no request for an upfront fee. It contains the domain, initial timestamp (first visit), last timestamp (last visit), current timestamp (this visit), and session number (increments for each subsequent session). Everything from the inventory appraisal, to the freight and logistics, is paid for and provided by WE BUY EXCESS. Inaccurate sales forecasts, shipping delays, poor inventory tracking and other factors can cause excess inventory. Get your product in front of millions of new Where to sell your overstock inventory in the Philippines These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. One, to purchase about 12 of the products we needed to liquidate. The problem of slow-moving and excess inventory happens with most of the retailers. The point is, you trying to give people incentive to purchase more items from your store at one time. From the initial conversation, Jon was very informative of the services they offered, the steps in the process and expectations. Over the last year, Overstock.com Inc has hit prices as high as $39.24 and as low as $17.05. Due to their unique auction model, products dont get buried in searches and can sell thousands of times a day. Ready We help you take away the worries. Cost is also effectively managed as buyers carry shipping costs but you have to pay 5% transaction fee. Liquidation.com. Is is also hard to scale. Put on a Promotion. Overstock items can be defined as unsold products in your inventory in volumes that exceed sales projections. However, Excess inventory does not have to become a liability. Save time - We also sell sorted customer returns pallets in over 40 different sorting categories. As brands grapple with supply chain issues and excess inventory, there are creative clearance strategies to dispose of surplus stock that can stabilize backend inventory levels and . that help you optimize marketing and drive business Sell Your Overstock Inventory | Closeout Excess Inventory Buyers | Sell Call SELLING EXCESS INVENTORY for more info. If youre not sure what works best for you or your inventory, but have a bunch of excess items you are looking to move, give two or more of these a try until you find what works for you. industry-leading e-commerce technology. As a business, you run into problems with inventory all the time. Overstock.com (OSTK 1.14%) Q1 2023 Earnings Call . We Buy Excess has been providing asset recovery and inventory liquidation solutions to small, medium, and large businesses for over the past 30 years. flexible options and We purchase overstock or excess inventory from wholesalers, retailers, Liquidators, Amazon FBA sellers, Manufacturers, Distributors, importers & 3 PL Warehousing Facilities. Trends, seasonality and the stock market can all influence sales. 407 Dominic Court, Franklin Park, IL 60131. Bulk Inventory Buyers, Inc. is in the business of helping people and companies who have excess inventory or closeout merchandise. Some of the products which you can put up for sale on the website includes earphones and music accessories, branded shoes, home sound equipment, fashion shoes, mobile accessories, and backpacks. Plus the buyer pays for the shipping, so you dont have to worry about shipping costs. According to her, if you're dealing with slow-moving inventory, it's a good idea to double or triple-expose your merchandise. Bad Credit Business Loans: 5 Best Options, How to Communicate a Price Increase to Customers, 13 Small Business Goals to Implement This Year, How to Create a Business Plan to Succeed in 2023, Build a Small Business Emergency Fund in 8 Steps, Best Ways to Use a Business Loan to Boost Growth, Loans & Grants for Hispanic-Owned Businesses, Inventory Costing Methods: Our Guide of Best Practices, Is the Trucking Business Profitable? Especially if it is a small amount of inventory and you are not expecting this to happen again. In addition to Tophatter being ideal to sell excess inventory in bulk with its unique auction model, it is also unique in that it is an open marketplace that allows heavily regulated and often banned verticals such as CBD. Your overstock items may be high quality, but people are simply not as interested in paying for it. Sometimes market conditions change and products just do not move as predicted. We buy excess inventory of all kinds. next overstock sale. First provide a proposal stating the kind, state, quantity, location of the item and the motive for liquidating. 2. So you may want to set your prices a little higher expecting that you will get lower offers or give lower offers. If you have excess inventory that can be retailed, chances are we're interested and will make you a hassle-free offer. SoundPEATS True Wireless Bluetooth Earbuds in-Ear Stereo Bluetooth Headphones Wireless Earphones (Bluetooth 5.0, Built-in Mic, Stereo Calls, Total 15 Hours Playtime). All other products, services, and company names are trademarks, registered trademarks or service marks of their respective owners. Place ads for your inventory sales at strategic places on your site. Increasing your profits and also helping you sell more of your overstocked products. We'll give you a fast, & free quote while saving you money and time. Shopping Cart. Increase your brands This cookie is installed by Google Universal Analytics to restrain request rate and thus limit the collection of data on high traffic sites. 7 Ways to Move Overstock Inventory - The Bottom Line If you are looking for a team to execute your liquidation needs with the least amount of stress and demands, I recommend you partner with Sell Inventory. If you want to sell your overstock and surplus inventory to H & J Liquidators and Closeouts, Inc. today, simply fill out our online form and attach any necessary photos to help . Of course, there are other websites besides the above but they have been carefully selected because of the user-friendly interface that allows for easy navigation, the process, professional skills and years of expertise. bulk commercial and technical How to Sell Overstock Inventory | RepurposedMATERIALS All Rights Reserved. Where To Sell Overstock Inventory - Just Make It Go Away Sell Overstock Inventory to Increase Your Profit Margins. In todays economy, liquidating inventory is a necessity to survive. This cookie is passed to HubSpot on form submission and used when deduplicating contacts. You have excess inventory, and we have the capital, the know-how, and the ability to discretely dissolve through it. We are a local Greater Metropolitan ChicagoIL inventory liquidator. We use targeted marketing to ensure the right people reach our auctions. On top of the social aspect, local flea markets give online sellers, they also give sellers the opportunity to unload unsold inventory free of marketplace fees and buyers pay upfront in cash. We buy: Apparel including Clothing and Accessories, Beauty including Makeup Cosmetics, Creams, Lotions, Serums, and Soaps, Food Items including Candy, Canned Foods, Cereals, Confectionaries, Chocolate, Condiments, Dressings, Oils and Vinegars, Pasta, Cookies, Beverages, Coffee, Juices, and Snack Foods, Electronics, Detergents, Furniture, Handbags, Luggage, Plastics, Gifts, Pet Supplies, General Merchandise, Craft, Toys, Garden, Sporting Goods, Seasonal, Home Goods, Housewares, Kitchenware and Gadgets, Bed and Bath, Paper Products, Footwear, Hardlines, Softlines, Textiles, Auto; basically anything youd find in your typical big-box Super Center store. This process is often mistaken as a last resort turned to by failing and bankrupt companies. We're experts at providing the best liquidation services in the industry, by helping you get the most out of your excess inventory! For the cost of 50 cents each item, Amazon will ship your goods back to you. If youre selling at a popular flea market on a beautiful afternoon, you may clear out a lot of your excess inventory and come home with cash, but if the market isnt well-attended or gets rained out, you may have to haul all of your unsold inventory home again. Whether youre a big box store, a regional chain, or even a flea marketer looking for an opportunity buy, please e-mail us to be added to our affiliate list! Here are 12 ways to move excess items. Get the ball rolling today! All rights reserved. That feeling of value doesnt have to hurt seller margins though; Tophatter has a suite of tools and a team of specialists to help sellers get the most out of the auctions. To sell, all you have to do is to submit an inventory detailing your name, and companys name, email, and location, description of the item and why you want to sell. How to Liquidate Amazon FBA | Selling Excess Inventory simple and easy. While each project had its own set of challenges, Jay was able to navigate through intricate networks to achieve successful resolutions. While this may not be for everyone and can be a significant time commitment as you have to physically be there selling often over the weekend, many sellers actually love it. product assortment, pricing, and So you are at the mercy of foot traffic and the overall popularity of the flea market. The liquidation process does not have to be stressful, and we assure you that with us, it wont be. Just be honest about the condition the items are in when you list them, price them accordingly, and watch the sales roll in. makes selling your products However, even if your business is booming and operations are running smoothly, liquidation is . Whatever the case is, if your FBA goods aren't moving, it's critical to remove your inventory as soon as possible! So if you have a toy, for example, that was returned with the packaging open or damaged, shoes that are missing the box or clothing thats missing the tags, they are fair game to list on these marketplaces. Another tactic is offering giveaways in raffle contests which serve to bring customers into a store, where they may purchase other items. How to Sell on Overstock and Its Sub-Platform For Small - Medium Enjoy dedicated email support and powerful online Due to the rising costs of warehousing, FBA fees, and storage, it often doesnt make sense to hold on to unsold or seemingly unsellable inventory (i.e. When in need of a platform that liquidates inventory on your behalf to its vast 2,500 customers, 360 Components help you liquidate inventory at a fair price that suits you. Other times items may havebecome restricted. Keep in mind that they are often looking for something specific that they think is going to sell fast. With millions of When you take this route you will be able to sell in bulk and make a large chunk of you money back and get these products off of your hands fast. competitive payment terms that This category only includes cookies that ensures basic functionalities and security features of the website. Note this tactic works especially well to build repeat business relationships with long-term clients who need to buy the same item regularly. Ship directly to us from any "Fulfillment By Amazon"(FBA) warehouse! Here are just a few: 2. When things don't sell you are tying up valuable capital and space. Getting into the e-commerce space is a great way to start to scale your business and make your business more profitable. Having been in business for over thirty years, its platform remains the best channel to sell any excess domestic item. Read our. Maximize shipping speeds and minimize cost with a While you can sell one off items successfully on Tophatter, its best for high volume. Get industry-leading advice to help you make confident decisions. Better prices than what our competitors offer, Easy process, from upfront payments to full transport provision. They also have fewer regulations on personal health, wellness and sanitation items that marketplaces are currently limiting to a small number of select sellers. through the Donating items to local partners, nonprofits and schools can also be an effective way to move overstock and cultivate community relationships. 1. Our experienced team helps us analyze and evaluate inventory opportunities day-and-night, so we can move as quickly as you need us to. We offer unique, tailored solutions to every client and you can be assured that we do not disrupt or interfere with your current sales channels and marketplaces. We'll give you a fast, & free quote while saving you money and time. authorized to outfit U.S. government Many retailers prefer to sell off their overstock inventory of a particular item in a single transaction to another business. We manage the process of liquidation, completing the product cycle while effectively maximizing our clients return. We dont re-market product directly. Finally, in the case of perishable and time-sensitive goods, overstocking means risking expiration and product obsolescence. In fact, many times we can make it happen in just a matter of hours. This can waste financial resources and shelf space, preventing storage from being used for more profitable inventory while creating cash-flow problems. When discounting prices, make sure you keep your prices high enough to maintain a profit margin. If your inventory is of interest to us, well send you an offer - and if accepted, a Purchase Order. The categories of stocks are appliances, automotive, books, cell phone accessories, commercial assets, general merchandise, sporting goods, among others. Sellers have the opportunity to register to be a part of the network. No credit checks or external documents required. For example you can offer 10% off on your order with purchases over $50 or you can offer free shipping on purchases over $50. When a vendor or client is walking away from their inventory, or their inventory is being rejected, SELL inventory is ready to buy your products. . HubSpot sets this cookie to keep track of sessions and to determine if HubSpot should increment the session number and timestamps in the __hstc cookie. It would then be marketed to a singular buy-all individual. In the past 39 years, the categories bought and sold include building supplies, clothing and fabric, general merchandise, and so on. we'll review your

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