The home appliance category primarily features washers, dryers, refrigerators, ranges, ovens, and dishwashers. As most of you may know, these popular home appliances are generally very pricey, especially for brand new, top of the line models. As a result, many consumers have turned to the secondary market to find better deals on home appliances. These …
Read MoreThe TV Liquidation industry is profitable, with many resellers making a good return on reselling liquidation TVs. All of the items you see on the shelves of department stores or large retailers have a shelf life. If retailers cannot sell their stock in an efficient amount of time, they must pull these out and sell …
Read MoreWholesale 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 …
Read MoreOverstock inventory is inventory that was not able to sell within an efficient amount of time at the retail locations. These items have never been purchased by a customer, and therefore, are not returns and should not be defective. When the supply exceeds demand, companies are faced with a loss, which may have resulted from …
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Most excess inventory comes from consumer returns. Retailers typically cannot re-stock and sell the returned merchandise in their stores. Accenture calculates that 5% of returns are related to actual product defects, 27% reflect buyer’s remorse, and 68% are characterized as “No Trouble Found.” Many of these excess products would normally be sold at a huge …
Read MoreLiquidation.com Liquidation.com buys and consigns returned merchandise from large and small sellers and auctions it off via their Liquidation.com marketplace. Liquidation.com owns several warehouses across the country that house their inventory. More often than not, the product comes directly from one of those warehouses. However, on occasion, the products may come from an individual seller …
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By definition, excess inventory is inventory that a retailer no longer wants sitting on store shelves or a manufacturer wants out of their warehouse. Large retailers need to constantly clear out their remaining old inventory to make room for the new. Large retailers must keep up with the latest products and replenish their stock with …
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Liquidation typically means the company is trying to turn assets (overstock and returned inventory) into cash. Excess overstock and returned inventory costs retailers money because the goods depreciate with age, take up space in the warehouse, and tie up capital. Therefore, retailers are willing to sell excess inventory at a loss to avoid those costs. …
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