Increased Profit Margin

Bulk buying means that you get a large amount of goods at a discounted rate. So when you resell it at a higher price, that price will still be lower than the competition. Buying a truckload of liquidation merchandise means that you get several pallets of goods all at once. You end up with satisfied customers who are glad that they pay lower than retail prices for a wide range of top-quality goods. Those customers spread the word and eventually, your stock of goods disappears almost as soon as it comes in.

High-Quality Merchandise

The merchandise you will be buying is sourced from the top retailers and department stores in the country. They all have a reputation for quality that they uphold and which is reflected in the merchandise that they have to offer. We make sure that this merchandise is in the best possible condition when we ship it to you.

Low Shipping Costs

When you buy truckloads of liquidation merchandise, all of it is sent to you at once. So, instead of buying different pallets and having to pay for them all separately, you can get all of them in a single truckload that only requires a single payment.

Quickly Replenished Stock

Even a truckload of merchandise will eventually run out, especially if you sell it at prices that are lower than retail or the MSRP. When you need to replenish your stock, we will be ready with another truckload to keep your inventory full and your customers happy.

Normally, if you wanted to buy in bulk, then you would have to source your goods from a retail wholesaler. That is because they would buy truckloads of products directly from the manufacturer and then sell those products directly to consumers or to smaller retailers. In order to enter into this kind of business, you would need to form a close relationship with several different wholesalers. That gives you the advantage of being able to choose the best deals, plus you can choose from a different wholesaler if one runs out of products.

There are several advantages to buying wholesale, such as being able to get better deals and better delivery choices. However, there are disadvantages as well, the main one being that you will find it hard to make much of a profit. That is because wholesalers sell their products at prices similar to the MSRP since they resell those items at a markup in order to make a profit for themselves. Since you are buying this merchandise at prices similar to the retail value, you will have to get a big discount from the wholesaler and sell a lot of product in order to make a profit or to just break even.

Another option is to buy directly from the retailer or manufacturer yourself. This is not the best option for most small or medium-sized businesses because manufacturers generally require buyers to make a large order. That order may be out of the price range for any business with a smaller budget and limited storage space.

The Merchandise Liquidation Difference

The next choice is buying the merchandise directly from national retailers. This is not a feasible option because you will be paying retail prices and so you will not be making much of a profit when selling those products yourself. That is where merchandise liquidators come in. We buy liquidated products at deeply discounted prices and then sell them to liquidation resellers at low prices. That allows those resellers to buy truckloads of liquidation merchandise to sell to their customers at low prices.

The national retailers used to sell directly to wholesalers in order to free up space in their warehouses for brand new stock. These days retailers will sell their surplus stock directly to merchandise liquidators, thus skipping the wholesalers and allowing everyone on the liquidation chain to end up satisfied. Merchandise liquidators and liquidation wholesalers make a profit and the customers get a huge bargain.

If you are buying truckloads of liquidated merchandise, then you likely have the space to store it all, and you likely have the business acumen to sell it all as well. Even so, you could probably use a few tips and pointers to get started.

1. Research Your Customer Base – The cornerstone of the business is supply and demand, so you need to find out what your customer base is demanding before you start selling. In fact, you should conduct this research before you start buying. After all, it doesn’t make sense to buy a truckload of liquidated merchandise that your customers don’t want.

2. Decide How You Want To Sell – Finding a place to store your truckload is one thing, finding a place to sell it is another. Fortunately, you have a few options: Selling online is a good choice since you don’t have to worry about renting a store. There are a lot of different websites you can use that have the infrastructure that can handle financial transactions; You can rent a store, which can be expensive, but you will get a more personal interaction with your customers; You could even rent a stall at a flea market. There are many different ways to sell your liquidated products.

3. Use Your Personal Skills – If you are good at repairs, or good at setting up electronic equipment, or have any other practical skills, then offer those services in addition to the goods that you are selling. They can give you a leg up over any potential competition and foster trust and loyalty in your customer base.

4. Create a Strong Social Media Presence – Social media allows you to forge a closer collection with your customers. You can use it to update them on any new stock that comes in as well as any sales or special deals you may be offering. You can also use it as a place to get feedback from your customers on how you are doing; positive feedback lets you know what you are doing right, while negative feedback shows you what you need to change and improve. Both of them help to make the experience better for your customers, which is great for them and for you.

As you can see there are no real downsides to buying liquidation merchandise by the truckload, in fact, there are quite a few advantages, so let’s recap what they are:

1. Buying high quality, retail-ready goods at discounted prices means that you can pass those discounts on to your customers. They will be happy to get those items at lower than retail prices, ensuring that they become loyal customers. They will let other people know about their positive experience, which enhances your brand and helps to grow your business.
2. You have a much greater chance of making a profit since the cost of investment is so low.
3. You have a wide variety of goods to choose from.
4. You have stock that can be quickly replenished once you run out.

If you want to make money while offering a large variety of goods at great deals, then purchasing liquidation merchandise by the truckload is the best way to go.