A Guide To Wholesale Liquidators And Auction Liquidators. What You Should Know.
Wholesale liquidators are suppliers who have huge selections of wholesale, closeout, overstock, and surplus merchandise in their own warehouses. Frequently, they do buy directly from large retailers. These large retailers, however, add markups since they house hundreds of thousands of products and need to remain profitable. They distribute their inventory to large buyers.
Auction Liquidators auction off their excess inventory and merchandise. The prices are not fixed, as buyers are able to bid and compete amongst other bidders. They distribute inventory to smaller buyers or consumers. Auction liquidators typically hold auctions in a physical location and charge potential buyers a fee to bid on the auctions.
How the B-Stock Sourcing Network is Different
Unlike auction liquidators and wholesale liquidators, B-Stock does not own consign, or purchase any of the inventory, as the inventory remains the ownership of the retailer or manufacturer. The B-Stock Sourcing Network is not a liquidator. Instead, the B-Stock Sourcing Network gives buyers free access to liquidation, refurbished, and overstock inventory in bulk, directly from major retailers. It is free, and there are no middleman markups (usually from wholesale liquidators, auction liquidators). The B-Stock Sourcing network is made up of private liquidation auction marketplaces that B-Stock Solutions powers and manages for large retailers such as Macy’s, Walmart, and Sam’s Club, among others. We enable these retailers to auction off their excess inventory directly to smaller resellers at a fraction of MSRP. Buyers can bid on excess inventory with confidence, knowing whom they’re buying from, and what they can expect.