Buying Liquidated Goods Wholesale by the Pallet

Choosing the right wholesale supplier is vital if a business is to compete, grow and continue to make a profit in today’s ferociously competitive retail environment. Be it online or on Main Street, having the right goods to sell bought for the right wholesale price so profits can keep flowing is the key to staying successful. But where’s the best place to source cheap wholesale merchandise these days?

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The answer used to be to source from wholesalers in the local area. Sadly, as their prices have veered ever closer to retail prices, local sources are no longer the sensible choice. Instead, it’s time to switch to buying pallets of liquidated goods wholesale from a reliable, Better Business Bureau-accredited liquidation specialist such as Direct Liquidation.

A Different Type Of Wholesale Supplier

So, what distinguishes a top-tier liquidator from a traditional local wholesaler? Well, whereas a wholesalers usually buy pallets of stock from a larger supplier, breaks the pallets into smaller parcels and then sells them to businesses after adding their own premium on top, a liquidator sells businesses stock on behalf of large, national retailers. Here’s how it works.

Every year, big name retailers such as Walmart and Amazon find themselves in possession of large quantities of unwanted stock for a number of reasons. By far the largest amount of unwanted merchandise is customer returns. Customers return goods to stores for all sorts of reasons ranging from products being faulty or damaged to customers changing their minds about their purchases. These returns amount to thousands and thousands of products ending up back with the retailers every year – products that would take up valuable warehouse space were they not disposed of quickly.

As well as returns, there are also overstocked products and closeouts. The former term refers to products that have been over-ordered, in particular wholesale electronics which are quickly superseded by newer ones and seasonal goods that are no longer of use to retailers after seasons come and go. Closeouts, meanwhile, are stock coming from a closing or restructuring store where stock is surplus to a retailer’s requirements.

All of this merchandise must be disposed of in as short a time as possible by the retailers who do not want it disrupting their supply lines by taking up warehouse space that should be being used to house new products. This is where a liquidator steps in. A top-tier liquidation specialist such as Direct Liquidation operates an online liquidation marketplace through which big-name retailers can directly sell pallets of liquidated goods wholesale to businesses at a considerably lower price than wholesalers can offer.

What Can A Liquidator Offer Your Business?

Because liquidators deal directly with companies that specialize in selling products made by some of the biggest manufacturers in the world, you’ll find pallets of brand name products being offered for sale via live auction or for a fixed or negotiated price on an online liquidation marketplace.

For example, if your business specializes in selling home improvement products, you should check out what Direct Liquidation has to offer. Thanks to their partnership with Lowe’s Hardware – the second biggest home improvement retailer in the United States and Canada – you’ll find products coming from names such as DeWalt, Black & Decker, Frigidaire, Pro-Plumber, LG, Whirlpool and The Hillman Group, just to name a few.

Or maybe your business deals with the buying and selling of consumer electronics? Not only does Direct Liquidation sell pallets of refurbished wholesale electronics returned to factory spec in either the original or replacement packaging with all accessories and documentation and a 90-day warranty, but, thanks to partnerships with companies such as Target, Amazon and Walmart, you’ll find returns, closeouts and overstock pallets of electronics wholesale from manufacturers such as Samsung, Google, Microsoft, Sony, Apple and many, many more.

Those are just two examples. Whatever your business specializes in selling, you’ll likely find pallets of exactly what you need on Direct Liquidation’s online liquidation auction and sales platform. Take a look at Direct Liquidation’s site and you’ll find pallets available to buy in the following categories:

Automotive, Baby, Books, Clothing, Shoes & Accessories, Electronics, Fixed Assets, Food, Furniture, General Merchandise, Health & Beauty, Home, Home Improvement, Industrial Supplies, Jewelry, Office, Party & Occasions, Patio & Garden, Pet Toys & Pet Supplies, Sports, Fitness & Outdoors, Toys, Unsorted.

As you can see, that’s a pretty comprehensive list of categories, covering pretty much everything most retailers will ever need when sourcing liquidated goods wholesale.

Buying Liquidated Goods By The Pallet

Buying liquidated goods wholesale by the pallet couldn’t be simpler. If you’re interested in purchasing pallets of liquidated goods from Direct Liquidation, all you need to do to get started is to sign up for a free account. You’ll need a valid reseller’s license to do so, which is a legal requirement before you can resell liquidated stock to customers or other businesses.

Once you’ve signed up for a free account and located a pallet or pallets of liquidated goods that you want to buy, you have several options. Most customers choose to bid for pallets of wholesale merchandise in live liquidation wholesale auctions that take place on a daily basis. If this is your preferred method of buying pallets of liquidated goods, you can set up an email alert on the pallet you’re interested in. This will notify you when the auction on that particular lot is about to start. Once it commences, you can enter as many bids as you like. If you’re the winner of the auction, all you have left to do is pay for your winning lot and arrange shipping.

If bidding’s not for you, you usually have the option to buy pallets of liquidated stock at a fixed price. If a lot has a ‘Buy it Now’ button similar to those you’ll find on sites like eBay, you can buy that lot straight away. The price of the goods in the pallet will still add up to being way below those goods’ collective MSRP value, so there will still be plenty of room to make a profit purchasing this way.

Finally, you can always approach the liquidator directly with your own cash offer. If the liquidator likes the look of your offer, that’s the price you’ll pay.

However you choose to buy liquidated goods wholesale by the pallet, the very best place to purchase wholesale merchandise from is an online liquidation marketplace. With top-quality stock coming from some of the country’s biggest retailers arriving daily, your business will always find what it needs when the time comes to restock. Looking to buy the best quality liquidated goods at the best possible price? Look no further than an online liquidation marketplace.

Direct Liquidation is a goTRG company.

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Henley Johnson

Henley currently works as a sales representative for Direct Liquidation, assisting businesses with product sourcing of liquidated merchandise from the largest retailers in the world. Whether you are looking for a pallet or a truckload Henley is here to help you grow your business.

View Henley’s Bio on YouTube.