Benefits of selling your waste, overstock, and damaged inventory. Leveraging an online marketplace can be a great way for you to not only get rid of excess inventory but to also make new customers. Here are the 10 best strategies for turning it into real cash flow. 3. Just be sure to make it clear that the item is new so buyers immediately recognize the value they are getting. We don't re-market product directly. This category only includes cookies that ensures basic functionalities and security features of the website. Kole imports purchases closeouts in the categories of pet supplies, automotive, toys and many more at a wholesale price to buyers. Getting into the e-commerce space is a great way to start to scale your business and make your business more profitable. flexible options and To learn more about discovery marketplaces, be sure to check out our post on discovery shopping and what sells best on discovery marketplaces. Bad Credit Business Loans: 5 Best Options, How to Communicate a Price Increase to Customers, 13 Small Business Goals to Implement This Year, How to Create a Business Plan to Succeed in 2023, Build a Small Business Emergency Fund in 8 Steps, Best Ways to Use a Business Loan to Boost Growth, Loans & Grants for Hispanic-Owned Businesses, Inventory Costing Methods: Our Guide of Best Practices, Is the Trucking Business Profitable? It is a good way for smaller businesses that want to set up an online presence. We'll evaluate your inventory, and then make you a competitive offer. The bigger your eCommerce business gets, the more excess inventory you are likely to have. This cookie is set by Segment to help track visitor usage, events, target marketing, and also measure application performance and stability. Let them know you heard about Tophatter from Payability and receive your first $100 in fees for free! Cash in hand. Jay and Jon were fantastic to work with and bring a wealth of knowledge, as well as a large professional network. Liquidation.com is an online auction marketplace. Our staff will review your submission details and give you a fair quote within 24 hours. When a business no longer has the means or time to sell through their excess inventory, and theyve exhausted all their outlets and resources, they come to us. You have the ability to utilize online marketplaces to sell your excess inventory. bulkinventorybuyers.comexcessinventorybuyers.comliquidateinventory.netproductliquidators.combulkcloseouts.com, HOMEWHAT WE DOABOUT USBLOGF.A.Q.CONTACT US. If your inventory is of interest to us, well send you an offer - and if accepted, a Purchase Order. Encourage clients to purchase multiple pieces at a discount if they have a severe surplus inventory issue. If they pay after the sale, they will likely pay you 30-50% of what the item sold for. Double or even triple-expose your slow-movers to sell old inventory. Fast. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Online marketplaces already have built in traffic sources. advertising We are always looking to expand our network and outlets every way possible. We also use third-party cookies that help us analyze and understand how you use this website. Just Make It Go Away is the top inventory liquidator in the world! Selling Excess Inventory can help you solve the challenges of Fulfillment By Amazon. Government platform Get Excess and Obsolete Inventory Policy, Best Warehouse Assessment & Improvement Tool. In the past 39 years, the categories bought and sold include building supplies, clothing and fabric, general merchandise, and so on. As a business, you run into problems with inventory all the time. Service Details i-bidder.com is a portal for online trade auctions, covering a range of discounted new . To operate on the platform, you have to register as a buyer while you must apply to sell. industry-leading e-commerce technology. A broad mix of categories perform well, from home to health and beauty to electronics to consumables, the list goes on. The second, was to turn the remainder of our inventory over to them on a consignment basis. Overstock is dedicated to making beautiful and comfortable homes accessible by helping customers easily and confidently find just what they want for less. We purchase excess inventory of nearly all categories of finished products and consumer goods. Promotions and discounts pique people's interest to grab their gaze with a creative and appetizing sale. Qualifications subject to change. By Publisher January 25, 2023 6 Mins Read. Tophatter is a discovery marketplace that provides a shopping experience similar to national discount chains like TJ Maxx, where customers browse and shop for deals as entertainment rather than shopping for something specific. We review the details and make you an offer to purchase your overstock merchandise. online sales experience, excellent customer service, We work with many wholesale resellers, each having their own specialty. confidently and Copyright. 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! If you assemble products in-house, you might have a glut of component pieces. All you have to do is submit a form online stating your name, email, address, phone number, product and manufacturers ID and quantity. BY Editorial Team. Enjoy dedicated email support and powerful online 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. We will buy your unwanted materials and take them off of your hands! revolutionary Payability, Inc. 2022. The more goods are purchased, the larger the discount becomes. products at competitive 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. Get industry-leading advice to help you make confident decisions. 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. Our most popular categories include home goods, toys, pet products, beauty, gift sets, and short-dated food. . In todays economy, liquidating inventory is a necessity to survive. to We buy from all over the US as well as internationally. Put on a Promotion. The liquidation process does not have to be stressful, and we assure you that with us, it wont be. Getting rid of unsold stock is never fun, but these guys are fair and honest. Slow inventory movement may reflect a marketing strategy misaligned with your target market. Year to date, Overstock.com Inc's stock is down 65.89%. For over 12 years, LiquidateNow has successfully completed liquidation sales and the recovery achieved has enabled it to maintain sustainable relationships with manufacturers, sellers and buyers alike. Your overstock items may be high quality, but people are simply not as interested in paying for it. Overstock inventory can be a serious issue for both small and large businesses. The process could be Outright purchase or Consignment partnership. process to set up your account, Not all customers will be reliable and some may even think they are interested and change their mind at the last second. Save time - We also sell sorted customer returns pallets in over 40 different sorting categories. 16 Ways to Reduce Surplus Stock and Sell Overstock Inventory. Reserved. Our fast, easy process is designed to respect your time and solve your challenging problems. During the month of April, Overstock.com Inc's stock price has reached a high of $21.44 and a low of $17.13. 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. If you have friends, family or a nearby shelter that could use your overstocked or damaged goods this may be a good idea. Well, here you are. Stop wasting time, money, and effort on excess or obsolete inventory; let us do that. You can minimize costs, take advantage of consumer trends, and . Were experts at providing the best liquidation services in the industry, by helping you get the most out of your excess inventory! This cookie is set by Segment to count the number of people who visit a certain site by tracking if they have visited before. Regardless of what your excess inventory may entail, the WE BUY EXCESS Team are the best inventory liquidators for you. Many online sellers clear out their excess inventory on local marketplaces such as Facebook Marketplace, OfferUp, and Letgo just to name a few. We are export-focused, shipping our waste products to mainly international customers, so our products don't compete with your domestic production and supply chain. Create an employee sale -Discount select overstock items and hold a special employee-only warehouse sale. prices. We purchase overstock or excess inventory from wholesalers, retailers, Liquidators, Amazon FBA sellers, Manufacturers, Distributors, importers & 3 PL Warehousing Facilities. Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. If you need to sell overstock inventory, we're the people to call! All other products, services, and company names are trademarks, registered trademarks or service marks of their respective owners. However, Excess inventory does not have to become a liability. Smooth and easy. When faced with what to do with these items, the ideal scenario is to do what you do best sell them at a profit. While every situation is unique, our guarantee to you will remain the same. By clicking Accept, you consent to the use of ALL the cookies. Simply put we are buyers of excess inventory. Pro Tip: Consignment marketplaces like Poshmark and Mercari allow buyers to make you an offer for less than the amount you asked for. You then have 24 hours to accept the offer, reject it, or counteroffer. comfortable items that have been returned, opened, tags removed, damaged, regulated, etc.). opportunities. incorporates enhanced product Sell your damaged, reject and excess products to us and start a partnership with a trustworthy company. Inventory clearance sale ideas include holidays, business events such as new location openings and cultural events such as sports championships. Sell nonperforming stock, excess inventory, deadstock overstock, and obsolete products in one shot, immediately. leveraging site wide sales and Some of the products which you can put up for sale on the website includes earphones and music accessories, branded shoes, home sound equipment, fashion shoes, mobile accessories, and backpacks. First provide a proposal stating the kind, state, quantity, location of the item and the motive for liquidating. 3PL Warehouses, Fulfillment Centers, & Cargo Companies, Insurance Salvage Claims, Bankruptcies, & Warehousemans liens. We also provide brand protection services when in need, such as defacing labels and tags, as well as exporting product to other countries and geographical regions. Easily expand your customer base Use tab to navigate through the menu items. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Take the product that you are overstocked on and bundle it together with a product that is selling well. Advantages and Disadvantages of Reverse Logistics, The Advantages and Disadvantages of Excess Inventory. These cookies track visitors across websites and collect information to provide customized ads. Fill the form to get started and to receive a no obligation FREEQUOTE! Products classified as overstock should come in cartons that are factory sealed. "Smooth and easy. Excess inventory, also known as overstock, consists of products that haven't sold yet and you're not anticipating they'll sell anytime soon. If our offer is accepted, our freight coordinator will arrange for one of our 53 trailers to pick-up from your warehouse, at no charge to you. They were very easy to work with. 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. Volume is king at Tophatter. 3. The categories are clothing and accessories, computers, industrial tools and machinery, housewares, among others. 3 How to Sell Overstock Items. It has been in operation for 35 years. To do this, send a list of your excesses with numbers, codes and necessary details. In case you are worried about payment. Selling on Amazon is becoming more and more difficult. All Rights Reserved. This means a higher recovery on your inventory, and more money for you. We pay up front AND pick it up. SoundPEATS True Wireless Bluetooth Earbuds in-Ear Stereo Bluetooth Headphones Wireless Earphones (Bluetooth 5.0, Built-in Mic, Stereo Calls, Total 15 Hours Playtime). Here are 12 ways to move excess items. Impressive. build SKUs, and You also have the option to opt-out of these cookies. There's no shortage of items we accept if you need to sell your overstock inventory. We pay in full, via wire-transfer, on receipt of goods, at any one of our warehouse locations. Selling at a flea market gives online sellers the chance to get out from behind their computers and actually talk to the people buying their products. When you are bothered about inventory carrying costs and thinking of liquidating, this website is here for you. Lots of Auctions helps businesses turn overstock, excess, and outdated inventory into profit. In addition to Amazon fees and storage, sometimes your item is just too slow-moving or the marketplace has become too competitive to make a profit. LiquidateNow is an online platform with vast specialization in liquidating excess and unneeded inventory. Like consignment marketplaces, new and used items are usually both accepted (depending on the store of course) and priced accordingly. When this is the case, you may be able to improve your sales by changing elements of your marketing approach, such as which benefits youre emphasizing, who youre selling to or what keywords youre using to reach your buyers. We buy excess inventory of all kinds. Send us your inventory file (preferably a .xls) with as much product details as possible. Turn unsalable merchandise into usable money. Overstock items can serve as bonuses offered as incentives or rewards. We'll contact you Another tactic is offering giveaways in raffle contests which serve to bring customers into a store, where they may purchase other items. Get your product in front of millions of new We're experts at providing the best liquidation services in the industry, by helping you get the most out of your excess inventory! eCommerce businesses of all shapes, sizes and niches have two things in common: the need for quick capital to jump on big opportunities and unsold inventory that they are looking to get off their hands. Its categories are all electronic components and excesses. The heavier the discounts, the more . Whether you have truckloads of overstock or just a few boxes of inventory,we can help turn obsolete merchandise into cash. operational 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. We can help get money back in your pocket to operate your business and purchase inventory that will sell. Theres no shortage of items we accept if you need to sell your overstock inventory. Performing Products, 3. SELL inventory has been providing asset recovery services and reverse logistics since 1980. through Overstock Pro. We buy any size and variety of lot: new, salvage, discontinued, IR. As sellers who list higher volumes of inventory on the platform tend to get the most out of the platform. Showcase Excess Inventory on Your Shelves, 7. 800+ pallets and 40 trailers later our job was done. Just made sense. You can liquidate inventory fast and make cash on the right websites. Sell Excess Inventory Online. One of the goals of SELL Inventory is to help businesses optimize profit by selling off unwanted inventory to inventory buyers. While all orders are self-fulfilled, they make it super easy. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. Clearing inventory provides a lot of benefits, from maximizing resources to preventing potential waste. your profits and grow your Top Liquidation and Clearance Websites for eBay and Amazon Sellers. Thanks to consistent technological advancement, it is now possible to sell any inventory from any part of the world. Apply to get daily payments and capital for your growing business in as fast as one business day. (But make sure to compare your options and check reviews. Here, you sell closeouts with ease by filling a form that includes images of the stocks. Each marketplaces has its own set restrictions and fees. Ship directly to us from any "Fulfillment By Amazon"(FBA) warehouse!
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