2. This cookie is installed by Google Analytics. Bulk discounts offer a variation on inventory sales which can serve to move larger amounts of items. These platforms also have a social component. Kole imports purchases closeouts in the categories of pet supplies, automotive, toys and many more at a wholesale price to buyers. We were paid both accurately and promptly, and would recommend Jay and his team to anyone who requires their services. We offer competitive prices for your surplus items, from electronics and hardware and equipment to health and beauty products and other general merchandise. To sell your inventory is quite easy. We buy from all over the US as well as internationally. Getting into the e-commerce space is a great way to start to scale your business and make your business more profitable. We purchase overstock or excess inventory from wholesalers, retailers, Liquidators, Amazon FBA sellers, Manufacturers, Distributors, importers & 3 PL Warehousing Facilities. We will buy your unsold or excess FBA inventory. Before Amazonfees to ship and warehouse your merchandise become too high for you to make money. Sell Excess Inventory Online. 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. We'll evaluate your inventory, and then make you a competitive offer. That compares to a roughly flat result for the S&P 500 . Meanwhile, flexibility and comfort are two factors that cannot be taken for granted when talking about liquidating inventory via online websites. How to Sell Excess Inventory Fast: 12 Ways to Clear Overstock, 6. Simply put we are buyers of excess inventory. When using them in the right way you will be able to leverage these marketplaces and build a income source out of your overstocked products or reject materials. Year to date, Overstock.com Inc's stock is down 65.89%. Create an employee sale -Discount select overstock items and hold a special employee-only warehouse sale. Hence, it is also a platform for sellers who are looking for platforms to liquidate inventory. 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. This can waste financial resources and shelf space, preventing storage from being used for more profitable inventory while creating cash-flow problems. Everything from several containers, to just a few boxes of surplus stock. 1. If its not worth it to you to put in the work and set up an online marketplace or sell to an inventory liquidator it may be a good plan to donate excess inventory and just move on. SELL inventory has been providing asset recovery services and reverse logistics since 1980. Products classified as overstock should come in cartons that are factory sealed. Explore real-time dashboards and comprehensive We buy excess inventory of all kinds. Sell your damaged, reject and excess products to us and start a partnership with a trustworthy company. Categories of items purchased by Merchandise USA include giftware, home dcor, handbags, and sporting goods. partner platform, which Thus, its best to liquidate inventory. Thrift and consignment stores range from high end to low end. On top of the social aspect, local flea markets give online sellers, they also give sellers the opportunity to unload unsold inventory free of marketplace fees and buyers pay upfront in cash. 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. However, even if your business is booming and operations are running smoothly, liquidation is . Sellers on local marketplaces really have to hustle to get their items sold which often means numerous back and forth messages, meeting up with buyers and making the final sale in person. 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. Call us at (646) 494-8675 or email sales@payability.com. The categories of inventory include food, chocolate, paper products, housewares, electronics, furniture, and many others. Increasing your profits and also helping you sell more of your overstocked products. Here are the 10 best strategies for turning it into real cash flow. The liquidation process does not have to be stressful, and we assure you that with us, it wont be. He is aglobal speaker,vloggerandsupply chain industry expertwith 17 years of experience in the Manufacturing Industry in the UK, Europe, the Middle East and South East Asia in various Supply Chain leadership roles. Bundle Overstock Items with Fast-Moving Stock, Sell Overstock Inventory to Increase Your Profit Margins. All other products, services, and company names are trademarks, registered trademarks or service marks of their respective owners. confidently and One of the goals of SELL Inventory is to help businesses optimize profit by selling off unwanted inventory to inventory buyers. You can continue to pay the rising FBA fees and discount the price heavily in the hope that the merchandise will sell quickly. 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. Impressive. With warehouses throughout North America, we have the capability and capacity to liquidate and process inventory of all sizes and complexities. your profits and grow your When discounting prices, make sure you keep your prices high enough to maintain a profit margin. 3 How to Sell Overstock Items. We have the capital, capacity, and capability to purchase inventory of any size, whether it be a single pallet one-time deal, or a multi-year take-all corporate contract with thousands of truckloads of product annually. These cookies do not store any personal information. Try to select a place close to your home that you can get to and from quickly so you dont have to go so far out of your way should a buyer decide not to buy at the last minute or fails to show up. So, if you are looking for a team of professionals to liquidate your inventory, J2 Sourcing has the ability to bring your stock in close contact with a buyer. Read our Privacy Policy. Ship directly to us from any "Fulfillment By Amazon"(FBA) warehouse! It is located at NO: 0508, Block T4 Diamond Island Building, Dist 2-Ho Chi Minh City Vietnam. Described as Best of the Web by Forbes magazine; AAA Closeout is one of the best websites for closeouts and liquidation activities. Minimize price erosion from markdown inventory, Here are a few reasons why you might chooseSELLING EXCESS INVENTORYas your merchandise liquidation partner. merchandising your products. 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. homes accessible by helping customers easily and While every situation is unique, our guarantee to you will remain the same. I got cash back that was tried up in inventory I couldn't sell. As a business, you run into problems with inventory all the time. opportunities. It is located at 6931 Arlington Road, Bethesda, MD 20814. Call today for a free quote (630) 815-3867 advertising 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. Kole imports is located at 24600 Main Street Carson, CA 90745. Once you have a business plan, it's time to make things official. 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! bulk commercial and technical Sell Overstock Inventory to Increase Your Profit Margins. While you wont earn as much per unit as you would from selling to customers, you may be able to salvage part of the value of your inventory which you would otherwise lose. Top Liquidation and Clearance Websites for eBay and Amazon Sellers. This tactic can work especially well if the overstock item makes a natural fit for the other item. BY Editorial Team. "Smooth and easy. For whatever reason, you may have an excess inventory and are looking to Sell Surplus Inventory Online; know that we could be your perfect partner in this process. industry-leading e-commerce technology. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. To do this, send a list of your excesses with numbers, codes and necessary details. Call Us: (224) 567-6030. . For example you can offer 10% off on your order with purchases over $50 or you can offer free shipping on purchases over $50. Alternately, consider giving every customer who purchases a high-demand item a bonus. 2.2 Next, They Sell The Overstocked Merchandise. HubSpot sets this cookie to keep track of sessions and to determine if HubSpot should increment the session number and timestamps in the __hstc cookie. 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. Subscribe to our Buyers List for Opportunities Today! Your brand is everything; treat it as if it is your baby. within a few weeks Don't forget to include . An alternative to selling inventory is to donate it to a charity as a tax write-off. It is hard to deal with due to damages, taxation, and insurance. streamlined onboarding Let us know how we can help you liquidate overstock merchandise. You could keep marking them down, but they still keep competing against your full-price product. We are able to easily take your excess inventory off of your hands and put it to good use! The categories are clothing and accessories, computers, industrial tools and machinery, housewares, among others. However, they will take the inventory off your hands right away. We invoiced on Tuesday and they wired funds on Wednesday. There are no monthly fees and it doesnt cost you anything to list your items on consignment marketplaces until they sell. If you are looking for a team to execute your liquidation needs with the least amount of stress and demands, I recommend you partner with Sell Inventory. Rather than incur more inventory carrying cost on excess inventory, there are some practical opportunities to sell and make cash when you liquidate inventory. For example, in the case of excess candy, some products might have to be destroyed after they pass their expiration date. 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. When a sale is made, the seller is automatically emailed a prepaid shipping label that you can print out, place on the package, and drop off at USPS, UPS, FedEx or the corresponding location. Very professional and accommodating. We also use third-party cookies that help us analyze and understand how you use this website. We purchase excess inventory of nearly all categories of finished products and consumer goods. Register your business name and get started on all the associated paperwork. Our logistics team will coordinate a pick-up at your warehouse with one of our 53 trailers. Free up valuable and expensive warehouse space. operational Sometimes you have a surplus of inventory, or you receive reject or damaged materials. We buy all size lots from one case to entire warehouses! I work with many vendors in my position, and it was refreshing to work with someone who made things so easy. Bulk discounts may entice customers to make larger purchases than intended; a great strategy to sell overstock inventory. Our policy is simplesupport customers through our three-pronged approach: Regardless of shape, size, or sum, well buy the items from you. Well, that is why Computer components are here. Copyright 2022 Fast Capital 360. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. Below, the websites links, process, year of expertise, among others are considered. Call SELLING EXCESS INVENTORY for more info. As sellers who list higher volumes of inventory on the platform tend to get the most out of the platform. Looking up for an easy operation? Overstock inventory is great for businesses looking to bulk buy inventory for their brick-and-mortar locations or online reselling businesses. To sell, all you have to do is to submit an inventory detailing your name, and companys name, email, and location, description of the item and why you want to sell. We work with the courts, assignees, and creditors by purchasing a businesss inventory to help aid in paying off remaining debts and creditors. Donating items to local partners, nonprofits and schools can also be an effective way to move overstock and cultivate community relationships. This cookie is set by Segment to help track visitor usage, events, target marketing, and also measure application performance and stability. 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. Sell Inventory is located at 704, Ginesi Drive, Suite 27 Warehouse #3 Morganville, NJ07751. customers Were not some new pop-up shop; weve been at this for decades.With over 100 years combined in the liquidation industry, theres a good chance weve had product similar to yours (if not exact), and know its true value. We can provide turnkey solutions to assist your business in lowering operating costs while recovering lost profits from customer returns. 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. Dr. Muddassirhas received a PhD inManagement Science from Lancaster University Management School. Our easy liquidation process can take some of the stress out of selling your overstock inventory. All you need is to fill out the given form with the required information and let us know in the additional notes about the stock with any restrictions. Tell us about your business and Just Make It Go Away can serve as yourinventory Liquidator. potential Their coordination of the entire project was nearly perfect. So you may want to set your prices a little higher expecting that you will get lower offers or give lower offers. New items selling below retail prices do very well on Tradesy, Poshmark, and Mercari too. While each project had its own set of challenges, Jay was able to navigate through intricate networks to achieve successful resolutions. if Disposing of excess inventory is a lose-lose for everyone and should only be considered if you have exhausted all your options. Knowing how to sell overstock inventory can keep revenue flowing and prevent cash crunches. They even called and ask for our invoice for the sold items so they could pay us. 799 Coliseum Way Midvale, UT 84047 | 1-800-843-2446, Start While we sell overstock inventory and do inventory liquidation, we do not handle clothing, food, toys, kitchen accessories, or other items.
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