If you're looking at a surplus of merchandise in your store, there are several steps you can take to liquidate them:
- Refresh, re-merchandise, or remarket.
- Double or even triple-expose your slow-movers to sell old inventory.
- Discount those items (but be strategic about it)
- Bundle items.
- Offer them as freebies or incentives.
Ten Ways to Deal with Excess Inventory
- Return for a refund or credit.
- Divert the inventory to new products.
- Trade with industry partners.
- Sell to customers.
- Consign your product.
- Liquidate excess inventory.
- Auction it yourself.
- Scrap it.
Tips for Managing Deadstock
- Take the help of a good inventory management system.
- Transfer the deadstock to another company location.
- Have a watertight agreement with your supplier.
- Use efficient demand forecasting solutions.
- Create urgency.
- Bundle products.
- Offer free shipping.
Selling Products Online Without Inventory: 4 Methods That Work
- Multi-Level Marketing, or MLMs. Multi-level marketing, or MLMs as they're often called online, aren't for everyone.
- Sell Print on Demand. Websites like Zazzle and CafePress give you the option of making your own goods.
- Third-party fulfillment centers.
- Drop Shipping.
12 Ways to Reduce Inventories
- Reduce demand variability.
- Improve forecast accuracy.
- Re-examine service levels.
- Address capacity issues.
- Reduce order sizes.
- Reduce manufacturing lot sizes.
- Reduce supplier lead times.
- Reduce manufacturing lead times.
Sell through rate is calculated by dividing the number of units sold by the number of units received, then multiplying the sum by 100. Most retailers calculate sell-through every 30 days.
12 Websites to Liquidate Inventory & Make Money from Excess Inventory
- LiquidateNow. LiquidateNow is an online platform with vast specialization in liquidating excess and unneeded inventory.
- B Stock Supply.
- AAA Closeout Liquidators.
- Product Liquidators.com.
- Kole Imports.
- Merchandise U.S.A.
- BoxFox.
- Liquidation.com.
Local Marketplaces (Facebook Marketplace, OfferUp, and Letgo) Many online sellers clear out their excess inventory on local marketplaces such as Facebook Marketplace, OfferUp, and Letgo — just to name a few. These marketplaces allow you to sell inventory online to people in your local area.
A Guide to Online Liquidation Sites
- Liquidation.com. Liquidation.com buys and consigns returned merchandise from large and small sellers and auctions it off via its Liquidation.com marketplace.
- Genco Marketplace. Genco Marketplace is a subsidiary of FedEx Supply Chain.
- BULQ.com.
- Direct Liquidation.
- AliExpress.
- Dollardays.
B-Stock Products are units which may have small scratches, small dents, or noticeable use. B-Stock products are Factory Recertified to meet the performance and reliability of a new product of the same model.
Open Box: a product that has been opened and possibly used by Macdaddy Music by a customer who has returned the product. All Open Box items are 100% functional, include the full manufacturers warranty and include all manufacturers accessories unless otherwise stated.
It means the item was listed on eBay Canada, and the seller chose to use C$ instead of US$. If you view the listing on eBay.com, it will show the equivalent price in US$ underneath.
A-Stock units have the full Yamaha manufacturers warranty as long as they are purchased from an Authorized Yamaha Dealer. B-STOCK: Yamaha will occasionally sell B-Stock items which may have been opened and used for demonstration purposes, photo shoots, refurbished, etc. and may have minor (if any) cosmetic damage.
To Buy Pallets of Target Customer Returns, simply visit the company's Vendor page on Direct Liquidation and browse for the right pallet. As part of the process, you may use the help of dedicated and trained account managers who will help you in your quest for the best products.
Many items on Reverb are listed in "B-Stock" condition. These items may have been opened and then returned to the seller, may be a brand new item with a cosmetic flaw, or may have been used as a demo unit in a store.
Many large retailers, including Lowe's, Home Depot, Walmart, and Best Buy all sell overstock and returned items via online auction sites. Check out B-Stock's sourcing network to see what auction lots are available.
The Costco Wholesale Liquidation Auctions marketplace is a B2B auction marketplace intended for those businesses involved in wholesale and/or resale selling their merchandise in-store, online through a company website, and/or via third-party seller platforms. Only approved buyers can view Costco auctions.
Liquidation.com has a consumer rating of 1.84 stars from 152 reviews indicating that most customers are generally dissatisfied with their purchases. Liquidation.com ranks 64th among Auction sites.
Direct Liquidation has a consumer rating of 4.01 stars from 77 reviews indicating that most customers are generally satisfied with their purchases. Consumers satisfied with Direct Liquidation most frequently mention customer service. Direct Liquidation ranks 25th among Wholesale sites.
For those just starting up a reselling business, buying pallets of liquidated Walmart stock is an ideal way to get their hands on a cheap, reliable source of wholesale merchandise that won't break the bank, but will increase the likelihood of making a decent return on the price of a pallet.
Amazon has their own auction system that provides an alternative to listing items on eBay. Spend some time at Amazon's auction site (http://auctions.amazon.com) browsing the categories in which you'll be listing your item.
B-Stock Supply is a multi-seller marketplace where approved buyers can purchase returned, excess, and refurbished inventory from hundreds of different sellers all in one place. Many of our B-Stock Supply buyers resell the merchandise on sites like eBay, Poshmark, or Amazon.
How do I bid? Once you are an approved buyer on Costco Liquidation Auctions, you can go to any auction page and enter the highest amount that you are willing to pay. Enter the amount in the white box to the right of "My Maximum Bid". Below, you will see the minimum allowable bid amount.
