subscribers and unique visitors per month, our current 3. For example, a company that buys too much candy for Valentines Day may have extra candy left over after the holiday. Increase your brand and product visibility through 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. training Overstock.com Inc's ( OSTK) price is currently down 0.69% so far this month. If you have a local flea or farmers market in your area where you could get a physical storefront cheaply, you may want to consider setting up shop. Our past history, prior to 1980 . Whether you have obsolete inventory that no one cares for anymore, or expired and short-dated product that needs to be sold off quick we can help you! We established two contracts with SellInventory.com. Below, the websites links, process, year of expertise, among others are considered. leveraging site wide sales and To add urgency, you can promote it as a one-day-only flash sale. capabilities. Or maybe marketing costs are too high to get any visibility on Amazon. Get paid via wire transfer, immediately, once your inventory arrives at our warehouses. Managing inventory can be a difficult job. While the marketplaces connect you to a buyer, they do not charge fees for this service or intermediate payment. For example Amazon FBA will return your inventory or destroy it for you for a cost. It is hard to deal with due to damages, taxation, and insurance. You can minimize costs, take advantage of consumer trends, and . It is located at NO: 0508, Block T4 Diamond Island Building, Dist 2-Ho Chi Minh City Vietnam. Methods for managing overstock range from strategies for preventing overstock from accumulating to tactics for recovering the partial value of overstock. Get the ball rolling today! Impressive. Everything from the inventory appraisal, to the freight and logistics, is paid for and provided by WE BUY EXCESS. 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. Excess inventory creates a number of problems that can hurt your business: In these various ways, overstock consumes cash and cuts into profits. Rather than incur more inventory carrying cost on excess inventory, there are some practical opportunities to sell and make cash when you liquidate inventory. We are always looking to expand our network and outlets every way possible. Clearing inventory provides a lot of benefits, from maximizing resources to preventing potential waste. Need more information? 6 Simple ways to Sell Overstock Inventory. This category only includes cookies that ensures basic functionalities and security features of the website. 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! Stop wasting time, money, and effort on excess or obsolete inventory; let us do that. If they pay after the sale, they will likely pay you 30-50% of what the item sold for. fulfillment, and more on our Having been in business for over thirty years, its platform remains the best channel to sell any excess domestic item. For example, if you are targeting one buyer, you either ship the goods to LiquidateNow or keep them in your custody. We also work directly with businesses in pre-planning of a bankruptcy. your business aligns with Terms and conditions apply. Before Amazonfees to ship and warehouse your merchandise become too high for you to make money. There are a lot of websites on which you can liquidate the inventory and you can be assured that it will sell easily and faster within a second click of the button. Turn unsalable merchandise into usable money. While some of these channels are best for high volume businesses with lots of excess inventory, others are great for certain niches, or may even allow you to move open or damaged inventory. Just get in touch with us. This process is often mistaken as a last resort turned to by failing and bankrupt companies. Due to their unique auction model, products dont get buried in searches and can sell thousands of times a day. If you assemble products in-house, you might have a glut of component pieces. Once an offer is accepted, you get paid and we handle the rest. Slow inventory movement may reflect a marketing strategy misaligned with your target market. We'll give you a fast, & free quote while saving you money and time. 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. Just made sense. We have full control of our sales channels, meaning if you want to make sure your product stays off the internet, or even away from a certain geographical region it will. promotions, Meanwhile, flexibility and comfort are two factors that cannot be taken for granted when talking about liquidating inventory via online websites. 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. Sell off your non-performing and slow-moving inventory in bulk. Like with flea markets, buyers pay upfront and in cash, but you are limited to only selling to people in your area. As with bonuses, giveaways of overstock items can steer sales toward other items. Don't pay for shipping twice. We will buy your unsold or excess FBA inventory. Without any stress or risk involved in a business, you can liquidate inventory from anywhere. We were paid both accurately and promptly, and would recommend Jay and his team to anyone who requires their services. This handy tip is from retail expert Christine Guillot. But opting out of some of these cookies may have an effect on your browsing experience. 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. Bulk Inventory Buyers, Inc. is in the business of helping people and companies who have excess inventory or closeout merchandise. years of Analytical cookies are used to understand how visitors interact with the website. 2. Better prices than what our competitors offer, Easy process, from upfront payments to full transport provision. Enjoy dedicated email support and powerful online Product expiration. Kole imports is located at 24600 Main Street Carson, CA 90745. simple and easy. The process is straightforward. Overstock is dedicated to making beautiful and comfortable homes accessible by helping customers easily and confidently find just what they want for less. With over one-hundred years of experience combined dealing with Overstock Inventory, We Buy Excess strives to be the industry leader for all types of inventory liquidation. To get started, simply sign up, follow the registration flow, and you could have your first sale today. Government platform Our fast, easy process is designed to respect your time and solve your challenging problems. The categories dealt in are electronic components and it has been in the industry for 30 years. They made the process of selling our overstock very easy. SELL inventory has the ability to move inventory discretely offline, without disrupting a clients existing, primary sales channels. They even called and ask for our invoice for the sold items so they could pay us. potential Advantages and Disadvantages of Reverse Logistics, The Advantages and Disadvantages of Excess Inventory. Use other digital channels such as email marketing, social media profiles and search engine ads to drive traffic to inventory sale offers. Just Make It Go Away can serve as yourinventory Liquidator. The process involves several options. While every situation is unique, our guarantee to you will remain the same. Product liquidators specialize in liquidating all kinds of wholesale merchandise for companies. Contact us, You get paid for your stock and we take it from there, (50% upfront - balance once goods are received), Managing inventory can be a difficult job. For the past 40 years, SELL inventory has been the industry leader for all consumer goods inventory liquidations. Bulk discounts offer a variation on inventory sales which can serve to move larger amounts of items. Get paid immediately via Wire, ACH, Check, or Credit Card, once the product arrives to our warehouse. This allows you to recover some of your costs even without selling the item. Note this tactic works especially well to build repeat business relationships with long-term clients who need to buy the same item regularly. We make liquidation painless and easy by providing a complete A-to-Z service. Well, here you are. Overstock Liquidations. You can bank on the busts of retailers and . orders, BY Editorial Team. Kole imports purchases closeouts in the categories of pet supplies, automotive, toys and many more at a wholesale price to buyers. Do you have unsold Amazon FBA inventory you want to sell? makes selling your products Categories of items purchased by Merchandise USA include giftware, home dcor, handbags, and sporting goods. Take advantage of Overstock's When things don't sell you are tying up valuable capital and space. product assortment, pricing, and Brand new overstock and unsold inventory is available as well. We'll Look At Just About Anything That Can Be Retailed, We specialize in wholesale liquidation of Amazon FBA obsolete inventory. Pivot to new products. Started. Contact us about your surplus inventory today. We're experts at providing the best liquidation services in the industry, by helping you get the most out of your excess inventory! It is located at 18 Durham Way, Heathpark, Honiton, Devon, EX 14 1SQ, England. These marketplaces allow you to sell inventory online to people in your local area. 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. The longer you hold on to unsold merchandise, the more it costs your business. Ideal for However, most of these factors can be managed to at least some degree to avoid and mitigate overstock issues. Not all customers will be reliable and some may even think they are interested and change their mind at the last second. Were experts at providing the best liquidation services in the industry, by helping you get the most out of your excess inventory! Of course, they are always in the demands of different components of electronics. For your safety, always meet with buyers in a public place like a coffee shop or shopping mall. 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! Overstocking products that are not selling well is a burden for any retailer. Roy is a respected, published author on topics including business coaching, small business management and business automation as well as an expert business plan writer and strategist. You may also be doing your own customer service. There are many reasons why a business might want to find a buyer for their overstock merchandise especially when you are competing online. All rights reserved. To showcase sales items, make the most of end caps, displays and checkout line shelves. 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. items that have been returned, opened, tags removed, damaged, regulated, etc.). Disposing of excess inventory is a lose-lose for everyone and should only be considered if you have exhausted all your options. We purchase consumer goods products from all types of businesses, including but not limited-to: manufacturers, wholesalers, distributors, retailers, brands, insurers, logistics providers, fulfillment centers, and more. opportunities. Challenges and Opportunities, 8 Workplace Trends in 2023 (Plus How to Adapt to Them), 10 Leading Business Trends in 2023 to Watch, Calculate Your Payments and Total Cost of Borrowing, Advice and Answers for Small Business Entrepreneurs, Purchasing inventory that doesnt get sold wastes valuable financial resources, diminishing your, Storing excess inventory wastes space and money, Keeping overstock takes up shelf space which could be used for profitable items, Paying to return excess inventory costs money, Overstocking perishable items risks having to destroy merchandise at a loss, Miscalculations of consumer demand can lead to excess stocking, Changing market conditions or weather may lower consumer demand or alter purchasing habits, Shipment delays may cause items to arrive out of sync with sales demand cycles, Technical issues such as poor inventory tracking systems may make inventory levels difficult to monitor and manage, Returns may cause inventory to accumulate, Better inventory management tracking to keep overstock from accumulating, Adjusting marketing and sales tactics to accelerate sales to customers, Recovering partial value of inventory through liquidation, Disposing of inventory without selling it in ways that indirectly increase revenue or reduce expenses. Top Liquidation and Clearance Websites for eBay and Amazon Sellers. Get Excess and Obsolete Inventory Policy, Best Warehouse Assessment & Improvement Tool. While you dont have to accept a lower price, this is a common practice. If you choose a local marketplace it takes time to meetup with someone and to communicate with the customer a time and place. Whether you have truckloads of overstock or just a few boxes of inventory,we can help turn obsolete merchandise into cash. 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. Here, you sell closeouts with ease by filling a form that includes images of the stocks. You could keep marking them down, but they still keep competing against your full-price product. Bing Ads sets this cookie to engage with a user that has previously visited the website. We offer unique, tailored solutions to every client and you can be assured that we do not disrupt or interfere with your current sales channels and marketplaces. To operate on the platform, you have to register as a buyer while you must apply to sell. It is located at 3021 W. 36th Street, Chicago, IL 60632. Keep in mind that they are often looking for something specific that they think is going to sell fast. 1. DESIGN BY: CHICAGO SMALL BUSINESS WEB DESIGN. Overstock inventory can be a serious issue for both small and large businesses. 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. 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. Read how Althea Suite helps you get rid of over stock inventory. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. 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. Work with a liquidation service -Sell overstock inventory to liquidation services as a quick way to free up space. Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. Double or even triple-expose your slow-movers to sell old inventory. We accept just about any type of overstock inventory. SCMDOJO aims to help Supply Chain Professionals grow by providing high-quality supply chain on-demand courses, guides, best practices, tools and consulting from industry experts. You can reach us by E-mail, Phone, LiveChat, or WhatsApp, 24 hours a day, 7 days a week. to Get to 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. Turn your excess inventory into fast, profitable cash for your company! 799 Coliseum Way Midvale, UT 84047 | 1-800-843-2446, Start So there is no waiting to get paid for what you sell. Our policy is simplesupport customers through our three-pronged approach: Regardless of shape, size, or sum, well buy the items from you. Bulk discounts may entice customers to make larger purchases than intended; a great strategy to sell overstock inventory. Sell Excess Inventory Online. sell Well, you dont have to worry about commission as a buyer or seller because it is free. 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. We help you enhance your ISO 14001 waste management by shipping less desirable materials overseas, so you can keep . Transacting with SELLinventory.com was both easy and seamless, which is a testament to their operational dedication, organization, and communication. Just be honest about the condition the items are in when you list them, price them accordingly, and watch the sales roll in. Our past history, prior to 1980, was spent as a manufacturer, wholesaler, and retailer. Overstock happens when unsold inventory accumulates in volumes that exceed sales projections. SoundPEATS True Wireless Bluetooth Earbuds in-Ear Stereo Bluetooth Headphones Wireless Earphones (Bluetooth 5.0, Built-in Mic, Stereo Calls, Total 15 Hours Playtime). Our online auctions provide an excellent solution for businesses looking to sell a lot of inventory fast. By using this site, you agree with our use of cookies Privacy. and Often when youre in the process of finding the right marketplace and/or strategy to sell your excess inventory, you come across certain items that consistently sell really well on these channels and discover a new stream of income. Products classified as overstock should come in cartons that are factory sealed. They were straightforward from the start, and met all deliverables as promised. When you cant sell overstock to your regular customers efficiently, there may be another way to unload it. Usually, there has to be a form of partnership that shows that until sold, the ownership title belongs to the seller even though they are physically stored at J2. Their ability to handle and process large volumes of inventory promptly and accurately, set them apart from the competition. Inventory liquidators will purchase your overstocked inventory at a discounted price and sell it to their own their network. 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. Bundle Overstock Items with Fast-Moving Stock, Sell Overstock Inventory to Increase Your Profit Margins. This means a higher recovery on your inventory, and more money for you. The categories of inventory include food, chocolate, paper products, housewares, electronics, furniture, and many others. Their professionalism and follow-through in handling the logistics and communication were exceptional! Sell online. We'll give you a fast, & free quote while saving you money and time. You have the ability to utilize online marketplaces to sell your excess inventory. Sometimes market conditions change and products just do not move as predicted. We pay up front AND pick it up. 3. We buy all types of products in small, large or bulk quantities. New items selling below retail prices do very well on Tradesy, Poshmark, and Mercari too. We buy any size and variety of lot: new, salvage, discontinued, IR. 2. Fill the form to get started and to receive a no obligation FREEQUOTE! To do this, send a list of your excesses with numbers, codes and necessary details. 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 . 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. This has been the engagement in the past 13 years. Overstock items can serve as bonuses offered as incentives or rewards. 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. Selling "Smooth and easy. Or problems selling Amazon inventory? Here are 12 ways to move excess items. Sell Inventory is located at 704, Ginesi Drive, Suite 27 Warehouse #3 Morganville, NJ07751. 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. You wont earn as much per unit, but youll sell more items, while building customer relations in the process. What matters most is that customers feel as if they are getting value or found a bargain. Our staff will review your submission details and give you a fair quote within 24 hours. Promotions subject to approval. Just be sure to make it clear that the item is new so buyers immediately recognize the value they are getting. LiquidateNow is an online platform with vast specialization in liquidating excess and unneeded inventory. We will buy your unsold or excess FBA inventory. Kole imports purchases closeouts in the categories of pet supplies, automotive, toys and many more at a wholesale price to buyers. Minimize price erosion from markdown inventory, Here are a few reasons why you might chooseSELLING EXCESS INVENTORYas your merchandise liquidation partner. tools. When you run into problems like this you begin to ask yourself where to sell overstock inventory?. We can help get money back in your pocket to operate your business and purchase inventory that will sell. We offer competitive prices for your surplus items, from electronics and hardware and equipment to health and beauty products and other general merchandise. To learn more about discovery marketplaces, be sure to check out our post on discovery shopping and what sells best on discovery marketplaces. So, this includes surplus inventory, customer returns, overstock, and shelf pulls. Liquidation.com is an online auction marketplace. comfortable You could keep marking them down, but they still keep competing against your full-price product. The challenge with this is again you are having to handle the direct to consumer customer service issues and small quantities. through Overstock Pro. Unfortunately, not all liquidation services are worth your time.) Trends, seasonality and the stock market can all influence sales. 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. We Buy Excess has been providing asset recovery and inventory liquidation solutions to small, medium, and large businesses for over the past 30 years. So if you have a toy, for example, that was returned with the packaging open or damaged, shoes that are missing the box or clothing thats missing the tags, they are fair game to list on these marketplaces. Muddassir is a Six Sigma black belt and founded the leading supply chain platform SCMDOJO to enable supply chain professionals andteams to thrive by providing best-in-class knowledge content, tools and access to experts. We are a local Greater Metropolitan ChicagoIL inventory liquidator. Partnering with Overstock means benefiting from 20+ We work with many wholesale resellers, each having their own specialty. Our easy liquidation process can take some of the stress out of selling your overstock inventory. Getting into the e-commerce space is a great way to start to scale your business and make your business more profitable. 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. 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. Subscribe to our Buyers List for Opportunities Today! HubSpot sets this cookie to keep track of the visitors to the website. When you are looking for a way to liquidate inventory via auction, Liquidation is the place to be. This cookie is set by Segment to help track visitor usage, events, target marketing, and also measure application performance and stability. We pay in full, via wire-transfer, on receipt of goods, at any one of our warehouse locations. We can provide turnkey solutions to assist your business in lowering operating costs while recovering lost profits from customer returns. options, and enhanced content No need to buy a pallet of junk and sort it yourself, we've done the heavy . 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. This platform connects buyers and sellers of surplus inventory, returned merchandise,. This cookie is passed to HubSpot on form submission and used when deduplicating contacts. If they pay after the sale, they will likely pay you 30-50% of what the item sold for. Expand your professional and government customer