Category Archives: Liquidation

Making money on low profit liquidated items

Selling lower priced items for a profit
Here’s how I sell lower priced items

Have you ever open a liquidated box full of items and think you have a bunch of winners? But then as you go through the items they appear to not be high quality or are knockoff brands?  Or they are name brand but you search for comps online and they aren’t selling for a lot of money.  If you’re able to sell them on eBay or somewhere online most likely your profit will be eroded by fees and shipping.  Here is what I’ve learned so far about these items and how I can sell them for a profit.

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Someone wants them – Believe it or not anyone will practically buy anything for the right price.  Someone might want a good pair of headphones that aren’t full price or that are not name brand.  I recently sold a very well performing dash cam for $30.  If I sold it on eBay I would’ve only netted about $10 after shipping and fees.  Not only have you made some cash, but you’ve made someone else happy!

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Local Stores – Think outside the box and look for consignment stores in the area that might sell similar items.  This might work well for larger items or items that could single units at a store.  If you have multiples of a certain type of product (i.e. cell phone cases for example) these might also be a good option.  If you offer pennies on the dollar for multiples then you might have a buyer. You might also have a buyer for new items down the road!

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Garage Sales – as a last option you can sell these types of items at garage sales.  I save all items that I can’t sell online or that I can’t sell in general.  In the summer, I will have a couple garage sales to get rid of my items.  I try to price my items so that they will sell that first day.  Usually these items are from auctions where I’ve already profited, so getting any money for these items is gravy for me.

What avenues do you use to make money on items that aren’t easy to sell or make a profit?

-Chris

LiquidationOH@gmail.com

2017 Liquidator’s Guide

2017 Liquidator’s Guide

Whats the best and quickest way to learn the reselling business?

Do I have some news for you!  I have a one stop guide for you to learn about the liquidation business.  If you want to learn from someone who’s been there and done that in the liquidation business then Rob Cyr’s book is for you!  It contains a wealth of knowledge on how to become successful in this reselling world.

Click here to learn more about the guide!

http://bit.ly/LiquidatorsGuide2017

The book contains some of the following:

  • Contacts revealed for several stores including: Macy’s, Bloomingdale’s, Best Buy, Groupon, Sears, Home Shopping Network, QVC, Costco, Kmart, Amazon.com, and MANY More!
  • Premier source for Victoria’s Secret apparel at a fraction of original retail!
  • I will walk you through the liquidation industry terminology…if you don’t speak the “lingo” how will you know what to buy?
  • Learn how a broker makes a profit on your purchase
  • Learn how to investigate liquidation companies and Brokers before buying
  • Learn how to find the source of drop-shipped or brokered merchandise
  • Learn what payment method you should never use under any circumstance
  • Learn about wire transfers and why they are the industry norm
  • In depth explanation of shelf pulls, customer returns, and salvage. Which category should you purchase?
  • Learn when to buy from a wholesale liquidator and when to buy from the direct source
  • Learn how to find direct sources of just about any type of liquidation merchandise
  • In depth chapter on brand protection and reselling agreements…ignore this and you could face some hefty fines selling liquidation merchandise on eBay, at the Flea Market, or at your store!
  • How to successfully sell liquidation merchandise on eBay
  • How to resell liquidation merchandise through “Event Sales”
  • How to resell liquidation merchandise by holding a garage sales
  • How to resell liquidation merchandise at festivals and fairs
  • I will tell you what free trade magazines you MUST read monthly!
  • Explanation of pallet and truckload size
  • Explanation of freight delivery
  • I’ll show you where you can bid on name brand liquidation merchandise owned by large insurance companies
  • How to figure out the cost of merchandise
  • How to markup the liquidation merchandise
  • Using the power of social media to expand liquidation contacts/sources

With this guide you can learn from his mistakes as well as his successes.  It will give you the tools you need to be successful in this business.

He’s been on all sides of the reselling business from buying to currently consulting, so his wealth of knowledge is contained in this book.

I highly recommend it!  click the link and it’ll take you directly to purchase it.

http://bit.ly/LiquidatorsGuide2017

-Chris

LiquidationOH@gmail.com