With fees on consignment marketplaces often capping out at 20% with the seller netting 80% of the sale, you do take home less if you sell your unsold inventory to a consignment store. Do you have unsold Amazon FBA inventory you want to sell? You get paid for your stock and we take it from there (50% upfront - balance once goods are received). Having filled the form and submitted, a representative will contact you to complete the process. One, to purchase about 12 of the products we needed to liquidate. Our fast, easy process is designed to respect your time and solve your challenging problems. We review the details and make you an offer to purchase your overstock merchandise. Encourage clients to purchase multiple pieces at a discount if they have a severe surplus inventory issue. If they decide to take any of your items, they will either pay you for them upfront or pay you a percentage after the item they accepted sells. It is hard to deal with due to damages, taxation, and insurance. Our easy liquidation process can take some of the stress out of selling your overstock inventory. Each marketplaces has its own set restrictions and fees. There are many reasons why a business might want to find a buyer for their, Helps you turn bad inventory into good money, Here are a few reasons why you might choose. Running or starting a new promotion where you showcase your a new product or your overstocked product can be a great way to improve sales store wide. This tactic can work especially well if the overstock item makes a natural fit for the other item. bulk commercial and technical We are able to easily take your excess inventory off of your hands and put it to good use! Buyers of Overstock Inventory. To justify lowering your price, you can tell customers youre holding an inventory clearance sale or you can come up with other reasons for holding a sale. When you take this route you will be able to sell in bulk and make a large chunk of you money back and get these products off of your hands fast. Looking up for an easy operation? While you dont have to accept a lower price, this is a common practice. You then have 24 hours to accept the offer, reject it, or counteroffer. Even if you can't move all your overstock inventory this way, you'll have a chance to sell some of it without needing to discount it or give it away. Inventory liquidators will purchase your overstocked inventory at a discounted price and sell it to their own their network. Create a new and exciting way to attract new customers and you will be rewarded with more sales. We work with the courts, assignees, and creditors by purchasing a businesss inventory to help aid in paying off remaining debts and creditors. If you assemble products in-house, you might have a glut of component pieces. The challenge with this is again you are having to handle the direct to consumer customer service issues and small quantities. Get Excess and Obsolete Inventory Policy, Best Warehouse Assessment & Improvement Tool. Don't forget to include . We already know that there arent enough hours in the day to get everything done, so why get stressed out and prolong the liquidation process. Service Details i-bidder.com is a portal for online trade auctions, covering a range of discounted new . We are fair and honest in liquidating your goods. There are many reasons why a business might want to find a buyer for their overstock merchandise especially when you are competing online. Payability Instant Access (next-day payouts) and Instant Advance (lump sum of growth capital based on future sales) are both available on Tophatter and serve as tools you can use to increase your selling volume even more. Overstock Liquidations. through the Kole imports is located at 24600 Main Street Carson, CA 90745. If youre a good fit, the next step is usually to bring your items to the shop in person for them to look at and decide what they want. subscribers and unique visitors per month, our current Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Keep in mind that they are often looking for something specific that they think is going to sell fast. Take the product that you are overstocked on and bundle it together with a product that is selling well. However, even if your business is booming and operations are running smoothly, liquidation is . If so, developing new products can be a smart way to sell overstock inventory. Let them know you heard about Tophatter from Payability and receive your first $100 in fees for free! we'll review your The warehouse facility of BoxFox is located in Chicago, IL. There are a few ways you can go about this from a business perspective. Whatever the case is, if your FBA goods aren't moving, it's critical to remove your inventory as soon as possible! The heavier the discounts, the more . We also believe in presenting you a fair and competitive offer for your products . Take advantage of Overstock's Explore real-time dashboards and comprehensive Sites such as Liquidation.com help you connect with surplus buyers. Well, there is no request for an upfront fee. promotions, Their coordination of the entire project was nearly perfect. If you have friends, family or a nearby shelter that could use your overstocked or damaged goods this may be a good idea. The process involves several options. forward. Transacting with SELLinventory.com was both easy and seamless, which is a testament to their operational dedication, organization, and communication. First provide a proposal stating the kind, state, quantity, location of the item and the motive for liquidating. The liquidation process does not have to be stressful, and we assure you that with us, it wont be. Payability, Inc. 2022. You can minimize costs, take advantage of consumer trends, and . to Get We buy all size lots from one case to entire warehouses! Use your market research data to help you identify ways you might adjust your selling angle to move more inventory. We dont re-market product directly. Create an employee sale -Discount select overstock items and hold a special employee-only warehouse sale. In case you are worried about payment. 3 How to Sell Overstock Items. The best way to get rid of your excess inventory is to do it in way where its: The only option that checks all the boxes for figuring out where to sell overstock inventory is partnering with us! For international deals, email us at selltous@resapower.com or 408-467-2222. Sell Overstock Inventory to Increase Your Profit Margins. Partnering with an inventory liquidator can be the most beneficial thing you can do to get the most use and profit out of your overstock inventory. Our team is comprised of no-nonsense industry veterans, whom have well over 100 years of experience combined, and billions of dollars of products successfully purchased and liquidated. next overstock sale. They also have fewer regulations on personal health, wellness and sanitation items that marketplaces are currently limiting to a small number of select sellers. For the past 40 years, SELL inventory has been the industry leader for all consumer goods inventory liquidations. Categories of items purchased by Merchandise USA include giftware, home dcor, handbags, and sporting goods. Easy. SELL inventory has the ability to move inventory discretely offline, without disrupting a clients existing, primary sales channels. However, they will take the inventory off your hands right away. make it easy to At Just Make It Go Away we are theleading recycler of textile waste, building materials, automotive textiles, and more. Convert misfortune into dollars by selling the rejected or abandoned merchandise. This platform connects buyers and sellers of surplus inventory, returned merchandise,. However, Excess inventory does not have to become a liability. Fast!". Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. You wont earn as much per unit, but youll sell more items, while building customer relations in the process. streamlined onboarding We buy anything and everything, including [but not limited to] apparel, as seen on tv, bedding, beverages, cosmetics, detergent, food, footwear, general merchandise, hair care, health and beauty aids, housewares, impulse, kitchen, licensed goods, and so on. We were paid both accurately and promptly, and would recommend Jay and his team to anyone who requires their services. Slow inventory movement may reflect a marketing strategy misaligned with your target market. Contact us about your surplus inventory today. One option for selling excess inventory is to remarket it. Whether you have truckloads of overstock or just a few boxes of inventory,we can help turn obsolete merchandise into cash. If your inventory is of interest to us, well send you an offer - and if accepted, a Purchase Order. SELLinventory.com has been in the liquidation business for over 40 years. When in need of a platform that liquidates inventory on your behalf to its vast 2,500 customers, 360 Components help you liquidate inventory at a fair price that suits you. Necessary cookies are absolutely essential for the website to function properly. This website uses cookies to improve your experience while you navigate through the website. Rest assured knowing that well work with you the entire way, providing defacing, repackaging, and other at-risk solutions to secure your inventory in an antonymous outlet. Expand your professional and government customer So if you have a toy, for example, that was returned with the packaging open or damaged, shoes that are missing the box or clothing thats missing the tags, they are fair game to list on these marketplaces. These cookies track visitors across websites and collect information to provide customized ads. To add urgency, you can promote it as a one-day-only flash sale. It is located at 18 Durham Way, Heathpark, Honiton, Devon, EX 14 1SQ, England. It has been in operation for 35 years. This has been the engagement in the past 13 years. We are a local Greater Metropolitan ChicagoIL inventory liquidator. You can create an amazon removal order. If you need to sell overstock inventory, we're the people to call! We pride ourselves on providing a fast, fair, and easy experience. suite of fast freight and consignment services. DOJO Ventures FZE, Technohub 1 - Dubai. Trends, seasonality and the stock market can all influence sales. Read our Privacy Policy. Payability, Inc. 2022. You can continue to pay the rising FBA fees and discount the price heavily in the hope that the merchandise will sell quickly. By conducting an inventory audit early in the process, you'll know exactly how much additional inventory to order from your suppliers. While flea markets and local marketplaces come free of marketplace fees and buyers pay in cash upfront, they also come with a larger time commitment and sales are limited to the people in your area. Whether you have excess inventory, overstock, underperforming goods, damaged returns, obsolete merchandise, or short dated products - we can buy it - and unlock capital from your problematic inventory immediately! Volume is king at Tophatter. Product liquidators specialize in liquidating all kinds of wholesale merchandise for companies. Also, strategies such as discounts, bundling, liquidation and tax write-offs can salvage at least part of the overstock value. In fact, many times we can make it happen in just a matter of hours. Better prices than what our competitors offer, Easy process, from upfront payments to full transport provision. That feeling of value doesnt have to hurt seller margins though; Tophatter has a suite of tools and a team of specialists to help sellers get the most out of the auctions. We purchase excess inventory of nearly all categories of finished products and consumer goods. homes accessible by helping customers easily and Overstock inventory refers to the excess goods or merchandise that a retailer has on hand and is unable to sell within a reasonable amount of time. advertising If youre not sure what works best for you or your inventory, but have a bunch of excess items you are looking to move, give two or more of these a try until you find what works for you. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); leading recycler of textile waste, building materials, automotive textiles, and more. merchandising your products. Whatever the case is, if your FBA goods aren't moving, it's critical to remove your inventory as soon as possible! Roy is a respected, published author on topics including business coaching, small business management and business automation as well as an expert business plan writer and strategist. We manage the process of liquidation, completing the product cycle while effectively maximizing our clients return. This is the main cookie set by Hubspot, for tracking visitors. We use targeted marketing to ensure the right people reach our auctions. 800+ pallets and 40 trailers later our job was done. We will buy your unsold or excess FBA inventory. Through calls or filling of form on the site, you are good to go. Due to their unique auction model, products dont get buried in searches and can sell thousands of times a day. DESIGN BY: CHICAGO SMALL BUSINESS WEB DESIGN. Asset Recovery Solutions and Going Out of Business GOB Management. Turn unsalable merchandise into usable money. 3.1 and More. If you sell clothing, shoes, home goods, toys, or anything remotely in those categories, consignment marketplaces such as Tradesy, Poshmark, and Mercari are huge selling opportunities both for your excess inventory or even as an additional selling channel depending what you sell. The categories are clothing and accessories, computers, industrial tools and machinery, housewares, among others. SELL inventory has been providing asset recovery services and reverse logistics since 1980. It is located at NO: 0508, Block T4 Diamond Island Building, Dist 2-Ho Chi Minh City Vietnam. We are always looking to expand our network and outlets every way possible. It is located at J2 Sourcing AB, Kantyxegatan 29, SE-21376 Malmo, Sweden. This cookie is installed by Google Analytics. All Rights Reserved. We are available by phone or e-mail 24 hours a day, 7 days a week. Not all customers will be reliable and some may even think they are interested and change their mind at the last second. We invoiced on Tuesday and they wired funds on Wednesday. You have excess inventory, and we have the capital, the know-how, and the ability to discretely dissolve through it. We buy from all over the US as well as internationally. Not only do we understand your products, but we understand your situation, and how to best navigate it while providing the most practical and effective solutions. Fast!MIKE L. California, USA. Ultimately, effective overstock inventory management leads to a smarter, more efficient approach to stocking and selling products. Excess Inventory, Closeouts, Surplus, Salvage, Customer Returns, Store Closings, Bankruptcies, Expiration and Date Code Issues, Irregulars, Factory Defects, Seconds Not only do we buy it all, but we PAY OUR BILLS IMMEDIATELY. (But make sure to compare your options and check reviews. We know that time is money and we get things done fast. In todays economy, liquidating inventory is a necessity to survive. Top Liquidation and Clearance Websites for eBay and Amazon Sellers. Regardless of what your excess inventory may entail, the WE BUY EXCESS Team are the best inventory liquidators for you. Selling on Amazon is becoming more and more difficult. BoxFox serves the need of those who want to clear excess inventory in a one-time quick transaction. visibility and reach by As brands grapple with supply chain issues and excess inventory, there are creative clearance strategies to dispose of surplus stock that can stabilize backend inventory levels and . I got cash back that was tried up in inventory I couldn't sell. So there is no waiting to get paid for what you sell. Fees are a flat 9% across all categories plus a small fee to get your products a slot in the auctionthink of it like shelf spacethese are called Scheduling Fee Bids (SFBs) in Tophatter lingo. Sell Inventory is located at 704, Ginesi Drive, Suite 27 Warehouse #3 Morganville, NJ07751. One of the goals of SELL Inventory is to help businesses optimize profit by selling off unwanted inventory to inventory buyers. This allows you to recover some of your costs even without selling the item. prices. However, most of these factors can be managed to at least some degree to avoid and mitigate overstock issues. makes selling your products Let us know how we can help you liquidate overstock merchandise. You can bank on the busts of retailers and . Just get in touch with us. Overstock's initiatives. Left unchecked, excess inventory potentially can put you out of business. Fill the form to get started and to receive a no obligation FREEQUOTE! Whether you need an inventory liquidation due to an oversupply or end-of-life inventory management, well help you sell excess inventory and generate business cash. Liquidation.com is an online auction marketplace. Dr. Muddassirhas received a PhD inManagement Science from Lancaster University Management School. Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. Strategies for managing excess inventory fall into a few general categories, including: With that in mind, here are 12 ways to apply these general strategies: Good inventory management starts with accurate inventory tracking. Many online sellers clear out their excess inventory on local marketplaces such as Facebook Marketplace, OfferUp, and Letgo just to name a few. With warehouses throughout North America, we have the capability and capacity to liquidate and process inventory of all sizes and complexities. Buying is our livelihood. An alternative to selling inventory is to donate it to a charity as a tax write-off. When faced with what to do with these items, the ideal scenario is to do what you do best sell them at a profit. We'll evaluate your inventory, and then make you a competitive offer. This way the high-demand item then can drive sales of the overstock item, which is included with it at a reduced price but still high enough to turn a profit. With millions of Tom. Whether youre a big box store, a regional chain, or even a flea marketer looking for an opportunity buy, please e-mail us to be added to our affiliate list! We service all industries, including manufacturers, wholesalers, retailers, service industries, and more. Liquidate the overstock by selling it to other companies which purchase surplus inventory at discounted rates. You may also be doing your own customer service. For more on fees, items that work best, and how to succeed on consignment marketplaces, check out our post on eCommerce selling tips for Tradesy, Poshmark and Mercari. process to set up your account, Liquidation.com. You have the ability to utilize online marketplaces to sell your excess inventory. Tophatter is an ideal marketplace to sell excess inventory. Over the last year, Overstock.com Inc has hit prices as high as $39.24 and as low as $17.05. They were straightforward from the start, and met all deliverables as promised. We accept just about any type of overstock inventory. 1. While some of these channels are best for high volume businesses with lots of excess inventory, others are great for certain niches, or may even allow you to move open or damaged inventory. by Chris Wackerman | Jun 10, 2020 | Overstock Inventory | 0 comments. Skip to navigation Skip to content. to Benefits of selling your waste, overstock, and damaged inventory. Under Internal Revenue Service (IRS) regulations, corporations generally can donate inventory to any qualified charitable organization. So, this includes surplus inventory, customer returns, overstock, and shelf pulls. Hence, it is also a platform for sellers who are looking for platforms to liquidate inventory. WE ARE BUYERS OF ALL TYPES OF SPECIALTY AND GENERAL MERCHANDISE, Our company, Selling Excess Inventory, will always pay you promptly and have been buying and selling closeoutsfor over 35years. With fees on consignment marketplaces often capping out at 20% with the seller netting 80% of the sale, you do take home less if you sell your unsold inventory to a consignment store. This handy tip is from retail expert Christine Guillot. Sellers have the opportunity to register to be a part of the network. Simply put we are buyers of excess inventory. orders, Selling overstock inventory on social media also is a common strategy employed by retailers. Another tactic is offering giveaways in raffle contests which serve to bring customers into a store, where they may purchase other items. Subscribe to our Buyers List for Opportunities Today! We pay in full, via wire-transfer, on receipt of goods, at any one of our warehouse locations. Ship directly to us from any "Fulfillment By Amazon"(FBA) warehouse! Read our Privacy Policy. No need to buy a pallet of junk and sort it yourself, we've done the heavy . Merchandise USA sells closeouts and liquidate inventory. partner platform, which With the inventory carrying costs that may eat up the capital gain of every business, no one likes the burden of excess inventory. AtSELL inventory,our mission is to help businesses maximize profit by clearing out unwanted stock. Now that you have a few ideas of places to sell your unsold inventory its time to weigh the pros and cons of each and decide which works best for you and your inventory. 4. It contains the domain, initial timestamp (first visit), last timestamp (last visit), current timestamp (this visit), and session number (increments for each subsequent session). SoundPEATS True Wireless Bluetooth Earbuds in-Ear Stereo Bluetooth Headphones Wireless Earphones (Bluetooth 5.0, Built-in Mic, Stereo Calls, Total 15 Hours Playtime). A broad mix of categories perform well, from home to health and beauty to electronics to consumables, the list goes on. The more goods are purchased, the larger the discount becomes. To get started, simply sign up, follow the registration flow, and you could have your first sale today. If youre selling at a popular flea market on a beautiful afternoon, you may clear out a lot of your excess inventory and come home with cash, but if the market isnt well-attended or gets rained out, you may have to haul all of your unsold inventory home again.
