I just want to say this Best Buy truckload is great. This wholesale electronics load of closeouts and overstocks from Best Buy made me MONEY. Surplus electronics can be a risky business. If every truckload of liquidation electronics was like this I would be very happy. All pallets were new merchandise. Their was no salvage electronics in this truckload.
When I first started in the wholesale distribution business I lost money on electronics truckloads. The first truckload i purchased I lost $3,000 . This was salvage merchandise. I over paid. I did not realize the difference bretween salvage electronics,raqw returns and general liquidation (consisting of shelf pulls overstocks and closeouts ). This was a valuable lesson . I quickly learned how to read manifests of truckloads of electronics. I knew what to expect on the pallets of returned merchandise. What to expect with shelf pulls and closeouts.
Back to this truckload. only 18 pallets . I sold this to retailers. They purchase from me the wholesale distributor of the electronics closeouts I doubled my money in six days.
Showing posts with label returns and closeouts delabeling. Show all posts
Showing posts with label returns and closeouts delabeling. Show all posts
Saturday, February 2, 2008
Monday, January 28, 2008
wholesale distributor place to buy closeouts
The wholesale dstributor is the backbone of the retail liquidation industry. Wholesale dictributors are where you can buy closeouts and overstocks by the truckload. This surplus merchandise is avaliable all across the country.
When purchasing from a wholesale distributor use great caution. Many of these wholesale distributors will cherry pick their pallets. Leaving the product that is difficult to sell for new customers. If you have ever bought a truckload of returned electronics ? When the truckload arrives it appears to be nice. When you open the pallets of electronics and start testing you are not happy. All the digital cdameras arew broke. The lcd televisions do not work. It lppks more like a salvage truckload of electronics than raw returns. Good chance you will work hard just to break evan.
wholesale distributors can be a good source for below wholesale liquidation product Just be careful
When purchasing from a wholesale distributor use great caution. Many of these wholesale distributors will cherry pick their pallets. Leaving the product that is difficult to sell for new customers. If you have ever bought a truckload of returned electronics ? When the truckload arrives it appears to be nice. When you open the pallets of electronics and start testing you are not happy. All the digital cdameras arew broke. The lcd televisions do not work. It lppks more like a salvage truckload of electronics than raw returns. Good chance you will work hard just to break evan.
wholesale distributors can be a good source for below wholesale liquidation product Just be careful
Tuesday, December 4, 2007
Distribution of closeouts for resell
Distributing close-outs to be resold is a tricky endeavor. The retailer must protect their store brands. Guard against fraudulent returns. Keep the cost of processing their liquidation merchandise to a minimum. This must be done while maximising the return of the overstock,close-outs and returned merchandise.
Selling it by the truckload. The returned product can bring 10% to 50% of the cost. De- labeling must be done. This must occur at the return center. You must not rely on the contractor to de-label
.
Selling it by the truckload. The returned product can bring 10% to 50% of the cost. De- labeling must be done. This must occur at the return center. You must not rely on the contractor to de-label
.
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