We buy any size and variety of lot: new, salvage, discontinued, IR. Each one has its built in traffic source and if that customer base isnt interested in what you are selling you may have trouble making sales. You can remarket it a . The process involves several options. First and foremost, if you aren't already selling your products online, having excess inventory is a great motivator to set up an online store. Overstock.com ( OSTK 1.14%) shareholders were beating the market this week as the stock gained 13% through the close of trading Thursday. What Type of Overstock Inventory Does Closeout Express Accept? Ideal for Sell Your Overstock and Excess Inventory Overstock Liquidations. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Get the ball rolling today! We buy all size lots from one case to entire warehouses! Your overstock items may be high quality, but people are simply not as interested in paying for it. Below, the websites links, process, year of expertise, among others are considered. Or maybe marketing costs are too high to get any visibility on Amazon. The challenge with this is again you are having to handle the direct to consumer customer service issues and small quantities. SELL inventory has the ability to move inventory discretely offline, without disrupting a clients existing, primary sales channels. Our policy is simplesupport customers through our three-pronged approach: Regardless of shape, size, or sum, well buy the items from you. If you assemble products in-house, you might have a glut of component pieces. They were very easy to work with. training Over the last year, Overstock.com Inc has hit prices as high as $39.24 and as low as $17.05. If your inventory is of interest to us, well send you an offer - and if accepted, a Purchase Order. Impressive. However, they will take the inventory off your hands right away. Is is also hard to scale. Having been in business for over thirty years, its platform remains the best channel to sell any excess domestic item. Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. CALL US! Here, you sell closeouts with ease by filling a form that includes images of the stocks. I got cash back that was tried up in inventory I couldn't sell. A lot of people in . We work with many wholesale resellers, each having their own specialty. However, Excess inventory does not have to become a liability. It is located at 18 Durham Way, Heathpark, Honiton, Devon, EX 14 1SQ, England. Turn your excess inventory into fast, profitable cash for your company! Fast!MIKE L. California, USA. 4 Buying and Selling Overstock- A Great Money Making Idea. Overstock.com | Partner Page Necessary cookies are absolutely essential for the website to function properly. . As with bonuses, giveaways of overstock items can steer sales toward other items. Read how Althea Suite helps you get rid of over stock inventory. customers every month. suite of fast freight and consignment services. 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. To sell your inventory is quite easy. However, if for some reason you cant turn a profit on your excess inventory, the next best thing is to get the most you can for your unsold inventory freeing up much-needed space for your next round of inventory. *We do not perform credit checks but will perform a standard background check of public records. 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. This is the main cookie set by Hubspot, for tracking visitors. 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. to Get To get started, simply sign up, follow the registration flow, and you could have your first sale today. Download our Sell to Radwell form here, list the equipment you wish to sell, email your complete list sellto@radwell.com. No one moves faster than us; Submit an inquiry, receive an offer, have one of our 53 trailers pick-up the inventory, and get paid in-full, all within 24 hours. J2 sourcing is concerned with providing its vast customers with whatever stock they are looking for. Whatever the case is, if your FBA goods aren't moving, it's critical to remove your inventory as soon as possible! 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. 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. Our easy liquidation process can take some of the stress out of selling your overstock inventory. Other times items may havebecome restricted. With millions of email subscribers and unique visitors per month, our current customers are your future customers. Work with a liquidation service -Sell overstock inventory to liquidation services as a quick way to free up space. streamlined onboarding "Smooth and easy. We have the experience, know-how, and data to assist you in all of your liquidation needs. An alternative to selling inventory is to donate it to a charity as a tax write-off. Encourage clients to purchase multiple pieces at a discount if they have a severe surplus inventory issue. The liquidation process does not have to be stressful, and we assure you that with us, it wont be. Use these methods to help you avoid and reduce overstock losses so you can maintain healthy movement of inventory and sustain profitable sales. The process is straightforward. We also work directly with businesses in pre-planning of a bankruptcy. simple and easy. Overstock Liquidations Cash in hand. We'll Look At Just About Anything That Can Be Retailed, We specialize in wholesale liquidation of Amazon FBA obsolete inventory. It . For example Amazon FBA will return your inventory or destroy it for you for a cost. High quality inventory - Our lots consist primarily of retail returns often in the original packaging. by Chris Wackerman | Jun 10, 2020 | Overstock Inventory | 0 comments. There are no monthly fees and it doesnt cost you anything to list your items on consignment marketplaces until they sell. DOJO Ventures FZE, Technohub 1 - Dubai. 3PL Warehouses, Fulfillment Centers, & Cargo Companies, Insurance Salvage Claims, Bankruptcies, & Warehousemans liens. Sometimes market conditions change and products just do not move as predicted. This allows you to recover some of your costs even without selling the item. 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. Need more information? make it easy to Read our. tools. We'll contact you Their ability to handle and process large volumes of inventory promptly and accurately, set them apart from the competition. Address Not all customers will be reliable and some may even think they are interested and change their mind at the last second. We help you take away the worries. Use tab to navigate through the menu items. items that have been returned, opened, tags removed, damaged, regulated, etc.). Just-in-time (JIT) inventory management leverages automated inventory tracking by combining it with business intelligence to forecast sales demand. Overstock retail is only accepting applications for areas related to home goods. For example you can offer 10% off on your order with purchases over $50 or you can offer free shipping on purchases over $50. The channels are open to both new and used items. Overstock Inventory: 16 Data-Driven Ways to Sell Stock & Seasonal Inventory Explore real-time dashboards and comprehensive Enjoy dedicated email support and powerful online As your excess inventory buyer, well guarantee a fast and simple process. All Rights Reserved. This means a higher recovery on your inventory, and more money for you. While some are exclusive to clothing and accessories, others primarily carry furniture and home goods. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. Minimize price erosion from markdown inventory, Here are a few reasons why you might chooseSELLING EXCESS INVENTORYas your merchandise liquidation partner. Bulk Inventory Buyers, Inc. is in the business of helping people and companies who have excess inventory or closeout merchandise. Copyright 2023 SCMDOJO, All Rights Product expiration. Get paid via wire transfer, immediately, once your inventory arrives at our warehouses. Many retailers prefer to sell off their overstock inventory of a particular item in a single transaction to another business. . Before Amazonfees to ship and warehouse your merchandise become too high for you to make money. Through calls or filling of form on the site, you are good to go. Once sales and delivery is completed, you get paid as well. Having been in business for over thirty years, its platform remains the best channel to sell any excess domestic item. Kole imports is located at 24600 Main Street Carson, CA 90745. Because tax regulations governing inventory donations can be somewhat complex, consult your accounting professional for how to apply them. When you partner with an inventory liquidator you will be able to create a strong relationship with each other and be able to create the best deal possible. 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. We buy: Apparel including Clothing and Accessories, Beauty including Makeup Cosmetics, Creams, Lotions, Serums, and Soaps, Food Items including Candy, Canned Foods, Cereals, Confectionaries, Chocolate, Condiments, Dressings, Oils and Vinegars, Pasta, Cookies, Beverages, Coffee, Juices, and Snack Foods, Electronics, Detergents, Furniture, Handbags, Luggage, Plastics, Gifts, Pet Supplies, General Merchandise, Craft, Toys, Garden, Sporting Goods, Seasonal, Home Goods, Housewares, Kitchenware and Gadgets, Bed and Bath, Paper Products, Footwear, Hardlines, Softlines, Textiles, Auto; basically anything youd find in your typical big-box Super Center store. Closeout Buyers Ready To Buy Excess Inventory - Put Cash In Your Hands First provide a proposal stating the kind, state, quantity, location of the item and the motive for liquidating. By clicking Accept, you consent to the use of ALL the cookies. years of From the initial conversation, Jon was very informative of the services they offered, the steps in the process and expectations. Increasing your profits and also helping you sell more of your overstocked products. Shopping Cart. Overstock.com, Inc. (NASDAQ:NASDAQ:OSTK) Q1 2023 Earnings Conference Call April 27, 2023 8:30 AM ETCompany ParticipantsLavesh Hemnani - Head of Investor RelationsJonathan Johnson - Chief. that help you optimize marketing and drive business Or maybe marketing costs are too high to get any visibility on Amazon. This can be a great way to get rid of your excess products, reject materials, damaged materials, waste in a very simple and effective way. Register your business name and get started on all the associated paperwork. If they pay after the sale, they will likely pay you 30-50% of what the item sold for. Qualifications subject to change. Fast. Put on a Promotion. SELL inventory has been leading the industry for over 30 years and all you have to do is to submit a detailed request of your name, name of company, phone number and email, the quantity of inventory (wholesale or retail) and the location. If they pay after the sale, they will likely pay you 30-50% of what the item sold for. Kole imports is located at 24600 Main Street Carson, CA 90745. We are fair and honest in liquidating your goods. It is located at 3021 W. 36th Street, Chicago, IL 60632. flexible options and We buy from all over the US as well as internationally. Money Making Idea #15- Buy & Sell Overstock Items for a Profit Liquidation.com is an online auction marketplace. 3. Sell your damaged, reject and excess products to us and start a partnership with a trustworthy company. forward. We'll give you a fast, & free quote while saving you money and time. 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. Tom. Free up valuable and expensive warehouse space. If you've got inventory that "Must Go", please send it ourway. authorized to outfit U.S. government Very professional and accommodating. find just what they want for less. You can follow him onLinkedIn,Facebook,TwitterorInstagram. Our experienced team helps us analyze and evaluate inventory opportunities day-and-night, so we can move as quickly as you need us to. 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! partner platform, which 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. With over 20 years of experience, they help you face every excess electronic component in the most professional way. This website uses cookies to improve your experience while you navigate through the website. Read our Privacy Policy. Increase your brands Make More Room for A Poshmark Seller's Guide to Buying Returned and Overstock Apparel Why Overstock.com Inc's (OSTK) Stock Is Up 11.40% | AAII 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. 3. Within 48 hours of reviewing your inventory, youll receive a WBE offer. Contact us about your surplus inventory today. Excess inventory creates a number of problems that can hurt your business: In these various ways, overstock consumes cash and cuts into profits. Described as Best of the Web by Forbes magazine; AAA Closeout is one of the best websites for closeouts and liquidation activities. Once an offer is accepted, you get paid and we handle the rest. Below we will explore some key places eCommerce businesses have successfully sold their excess inventory. Sometimes you have a surplus of inventory, or you receive reject or damaged materials. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. While you can sell one off items successfully on Tophatter, its best for high volume. Why Overstock.com Shares Jumped This Week | The Motley Fool 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. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. It is located at J2 Sourcing AB, Kantyxegatan 29, SE-21376 Malmo, Sweden. They made the process of selling our overstock very easy. 10 strategies to sell excess inventory - GoDaddy Blog We are a local Greater Metropolitan ChicagoIL inventory liquidator. Copyright 2022 Fast Capital 360. 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 . Amazon Outlet | Overstock Deals Let us know about the surplus inventory you want to liquidate. Liquidating Old and Surplus Inventory: 11 Smart Ways to Get Rid of For over 30 years, We Buy Excess has been the go-to inventory buyer for many of the worlds most reputable companies and name brands. Like consignment marketplaces, new and used items are usually both accepted (depending on the store of course) and priced accordingly. Terms and conditions apply. SELLinventory.com has been in the liquidation business for over 40 years. we'll review your Subscribe to our Buyers List for Opportunities Today! Service Details i-bidder.com is a portal for online trade auctions, covering a range of discounted new . Another tactic is offering giveaways in raffle contests which serve to bring customers into a store, where they may purchase other items. 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. We pay in full, via wire-transfer, on receipt of goods, at any one of our warehouse locations. This way the buyers get great deals on branded products and the retail companies earn some cash to pay off creditors. Before you consider selling your excess inventory through a thrift store, look at what they carry first and see if your items are a good fit. 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. Ship directly to us from any "Fulfillment By Amazon"(FBA) warehouse! Sell Excess and Unwanted Inventory | Surplus Inventory Buyer 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. Sell Inventory is located at 704, Ginesi Drive, Suite 27 Warehouse #3 Morganville, NJ07751. Sell Overstock Inventory to Increase Your Profit Margins. if Merchandise USA sells closeouts and liquidate inventory. You have the ability to utilize online marketplaces to sell your excess inventory. How to Sell Excess Inventory Fast: 12 Ways to Clear Overstock, 6. to So if you are having issues selling inventory in categories that are highly regulated or completely banned on other marketplaces, Tophatter could be the place to sell them. You then have 24 hours to accept the offer, reject it, or counteroffer. This is one of the fastest and most effective ways to figuring out where to sell overstock inventory. Minimize exposure while maximizing return on assets. Promotions and discounts pique people's interest to grab their gaze with a creative and appetizing sale. At Just Make It Go Away we are theleading recycler of textile waste, building materials, automotive textiles, and more. Methods for managing overstock range from strategies for preventing overstock from accumulating to tactics for recovering the partial value of overstock. Overstock's initiatives. 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. Our most popular categories include home goods, toys, pet products, beauty, gift sets, and short-dated food. Get paid upfront for your surplus merchandise! Ready Rather than incur costs on warehousing, space issues and maintenance, get started and see how easy it has become to liquidate the inventory and turn it into cash online. Note this tactic works especially well to build repeat business relationships with long-term clients who need to buy the same item regularly. Selling While you dont have to accept a lower price, this is a common practice. Send us your inventory file (preferably a .xls) with as much product details as possible. We manage the process of liquidation, completing the product cycle while effectively maximizing our clients return. So, this includes surplus inventory, customer returns, overstock, and shelf pulls. Kole imports purchases closeouts in the categories of pet supplies, automotive, toys and many more at a wholesale price to buyers. This is a tactic many companies use to help market a slow moving product and get it into the hands of more customers. Today. As a business, you run into problems with inventory all the time. That compares to a roughly flat result for the S&P 500 . This handy tip is from retail expert Christine Guillot. When a vendor or client is walking away from their inventory, or their inventory is being rejected, SELL inventory is ready to buy your products. operational We accept just about any type of overstock inventory. I had the pleasure of working with Jon from Sell Inventory to liquidate inventory from select store closures. First and foremost, make sure any inventory items youre trying to move are visible and not pushed back behind other items. and Hence, it is also a platform for sellers who are looking for platforms to liquidate inventory. Why? customers Pivot to new products. Use your market research data to help you identify ways you might adjust your selling angle to move more inventory. 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. When RESA bids on material, the price of the material is determined by RESA's current inventory levels and the market availability of the material. Inaccurate sales forecasts, shipping delays, poor inventory tracking and other factors can cause excess inventory. It is a good way for smaller businesses that want to set up an online presence. This is a great time to look for overstock deals now that the holidays and main retail selling season are over with. 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. These platforms also have a social component. Overstock is dedicated to making beautiful and You can minimize costs, take advantage of consumer trends, and . Also, strategies such as discounts, bundling, liquidation and tax write-offs can salvage at least part of the overstock value. They even called and ask for our invoice for the sold items so they could pay us. Wholesale Pallets of Liquidation Inventory For Any Sales Channel This process is often mistaken as a last resort turned to by failing and bankrupt companies. 2.2 Next, They Sell The Overstocked Merchandise. SoundPEATS True Wireless Bluetooth Earbuds in-Ear Stereo Bluetooth Headphones Wireless Earphones (Bluetooth 5.0, Built-in Mic, Stereo Calls, Total 15 Hours Playtime).