How Buying Wholesale Products Online can Save You Time and Money
Do you run your own business? If you do and you’re one of an increasing number of people across the country who run retail, export or wholesale businesses, there’s never been a better time to source the stock you need online.
If you’re in the business of buying and selling merchandise to the general public or to other business (or, indeed, a bit of both), you’ll know that where you source this merchandise and what you pay for it (including handling and shipping fees) is one of the most important things to get right.
This is likely to be the biggest investment, and the largest outgoing cost to your business. Getting top-tier merchandise in good condition, at low prices is the obvious target.
Buy the wrong type of merchandise from the wrong people at the wrong price and your business may well be the decision that takes you down the precarious road to financial disaster, burdening you with expensive stock that you cannot sell for profit, and may not not even be able to re-sell at cost-price.
Wholesale Merchandise Suppliers
It’s all about relationships.
Establishing a good relationship with a reliable supplier of great-quality merchandise that you can buy for a reasonable price leaving plenty of room to turn a tidy profit on your investment is vital if your business is to remain competitive and successful in the highly-competitive modern world of retail, wholesale and export.
But who should you be looking to build that relationship with? Well, for many business owners both large and small, they have discovered working with online liquidators has been the key to success. And it’s not hard to see why.
The video above shows some of the logistics involved, that gets the stock you see listed on websites like ours available to you.
Liquidators work with some of the biggest retailers in the nation (Costco, Walmart, Amazon, etc.), negotiating exclusive contracts with them to take their overstocked and customer returned merchandise and sell it on to businesses thorough their own websites.
This is perfectly normal and does not reflect badly on the quality of goods on offer at an online liquidation marketplace. The big retailers only have a limited amounted of store and warehouse space, yet almost always buy far more product than they actually sell. When it comes time to stack their shelves with different products – say, for the Thanksgiving and Christmas periods – shelves need to be cleared, meaning the retailer has no choice but to sell brand new, top-quality branded and unbranded merchandise to the liquidator for a fraction of its MSRP value.
The liquidator, in turn, can then pass on these huge savings to its customers. It’s a win-win situation.
When we say that buying wholesale products online can save your business time and money, we really do mean it. With a vast range of liquidated, overstocked, surplus, returned, reconditioned and salvage merchandise on offer, you’ll find everything your business will need to keep those profits flowing in.
Once you’ve located the stock you want from a diverse range that includes toys, games, food, clothing, sports equipment, jewelry, watches, PCs, DVDs and Blurays, smartphones, home furnishings – you name it, you can either buy the product outright, if using a buy-it-now format, or enter your bids, if it’s an auction format.
Saving Time and Money for Your Business
This all sounds great, but how does this actually save you more time and money than you’re doing already?
A liquidator’s website is easy to navigate and easy to purchase from. Often liquidators operate several warehouses, both to receive the goods efficiently from the retailers’ geographically spread stores, and to distribute then on to their own customers, you, as quickly as possible.
Not only are they easy to work with, you can make purchases from pallet-sized loads to full truckloads of stock, this allows mass, bulk purchasing. This means fewer transactions, fewer individual lots to bid on, and greater savings on a per-unit basis.
When buying in bulk, you are also combining shipping in a massive way – with everything being shipped from one truck from one location. This also means you only have to deal with unloading and stocking your store once, rather than expecting regular deliveries.
Due to the large volumes, and large variance in the merchandise stocked by liquidators, from a wide range of brands, you only need to shop in one place, once you’ve found a supplier you can trust.
Although occasionally you may see lots being sold off at cheaper prices, you have to ask yourself can you trust all these sources, and factor in all the research you would have to conduct, and the risks taken, in using lots of different, smaller suppliers.
There are considerable savings to be made by switching to an online liquidation marketplace for your merchandise needs. So why not take a look for yourself today, or contact us for more information?
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.