Many buyers have built or expanded their business exporting liquidation auctions lots bought on B-Stock. A recent survey of our buyers revealed that the largest category being exported is apparel, followed by footwear and consumer electronics. So where do buyers export this liquidation inventory? The answers may surprise you!
To export is to ship commodities to another country for sale, exchange, etc. Businesses that sell their goods and services to customers in other countries are exporting them. They are producing them in one country and shipping them to another. Exporting is one way that businesses can rapidly expand their potential market.
Overall, the advantages of exporting outweigh the challenges. Nevertheless, before committing resources to get started, it’s important to thoroughly weigh the risks and benefits of exporting.
Despite the benefits of trading internationally, less than one percent of America’s 30 million companies export. This is likely due to a few concerns: data reveals 39 percent say their goods are not exportable and 37 percent simply don’t know how to start.
If you are located near a major metropolitan area, there is probably a U.S. Export Assistance Center near you that can provide help. It’s a resource you’ll definitely want to take advantage of if you’re just getting started!
Additionally, Small Business Development Centers (SBDCs) in your area can provide one-on-one counseling and a wide variety of training programs for small and mid-sized companies that are exporting or considering it. Find the SBDC closest to you.
To check out online auction lots available for export, get started on our marketplaces page. Be sure to read each marketplace’s Terms and Conditions for any exporting rules and restrictions.