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Many times, the receiver in charge of the liquidation will not check the quality of the merchandise being liquidated, and will simply mark it as “unchecked” or give it some other generic term, so it’s up to you to do the quality control.If the goods have been checked and graded, you’ll pay more.The B-Stock Sourcing Network enables resellers to buy liquidation and overstock inventory directly from reputable enterprise retailers, all from one source.The liquidation sales are exclusive to retailer-approved buyers.Determine the total value of all assets you would like to liquidate.Keep in mind that the higher the recovery you expect, the longer it may take to get rid of all the inventory if you’re selling items piece by piece.One good rule of thumb is to buy as far up the liquidation chain as possible – the more times your merchandise has changed hands, the more likely that it is poor quality or won’t sell.

Clean up or repair any items to maximize sale prices.

However, if you sell it all in an auction event, you will be able to sell it all off at once.

Either way, it’s good to have a ballpark figure of how much you would like to profit from the sale of everything.

Are they correctly representing the merchandise they’re selling? Total cost is important, too; you should find out the cost of the merchandise itself, as well as “hidden” costs like shipping, that can impact your profit margin. It is typical to work with a receiver who deals with large quantities of liquidated goods. Figure up the total cost to determine the amount of profit you expect to make.

Don’t limit your search to one website or one vendor; check out similar products being sold by other vendors, either online or in your neighborhood. It’s important to understand who – and why – they are selling, so that you know what you’re dealing with. Make sure that the goods you are buying have a ready market that you can turn quickly.

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