We purchase surplus inventory from businesses
As a company that acquires excess inventory from other businesses, you likely assist these businesses in managing their surplus stock while also seeking opportunities to profit from the acquired items. We act as a specialized intermediary, offering a solution to businesses struggling with excess stock management.
Our services include:
- Liquidation Services: Providing businesses the option to sell surplus inventory to us at a discounted rate, enabling them to recover value from excess stock.
- Storage and Warehousing: Utilizing dedicated storage facilities and warehousing capabilities to accommodate purchased excess inventory.
- Logistics and Transportation: Managing the logistics and transportation of excess inventory from sellers’ locations to our warehouses.
- Reselling or Redistribution: Directly reselling excess inventory to retailers, wholesalers, or other buyers, or redistributing it to various channels for resale based on your business model.
- Our company specializes in purchasing seasonal excess inventory.
- Quality Control and Inspection: Implementing processes to inspect and ensure the quality of purchased excess inventory before resale.
Assuming the risk associated with holding and selling excess inventory, providing selling businesses with a more predictable outcome.
Establishing relationships with diverse buyers and cultivating a reputation for managing quality products.
The liquidation process can involve various methods:
- Discount Sales: Offering overstocked items at heavily discounted prices to attract customers and clear out excess inventory quickly.
- Online Marketplaces: Utilizing platforms like eBay or Amazon to reach a broader audience and sell overstocked items at discounted rates.
- Bulk Sales: Selling excess inventory in bulk to wholesalers or other businesses at reduced prices to liquidate large quantities of products at once.
- Flash Sales or Daily Deals: Creating time-limited sales events or daily deals to create urgency among customers and drive purchases.
- Off-Price Retailers: Partnering with off-price retailers, such as discount stores or outlet malls, to sell excess inventory.
- Consignment: In consignment agreements, a third-party retailer sells excess inventory on behalf of the original business, taking a commission from sales.
WE BUY and SELL EXCESS INVENTORY ITEMS
The objective of liquidation is to quickly reduce excess inventory and recoup some of the investment in those products. Liquidating overstock can help businesses free up storage space, cut holding costs, and generate revenue to reinvest in other areas of the business.
However, liquidation may lead to lower profit margins compared to selling items at original prices. It’s crucial for businesses to carefully assess their options and select a liquidation strategy that aligns with their goals and financial situation.