merchandising your products. Where To Sell Overstock Inventory - Just Make It Go Away Sincerely. SELL inventory has been providing asset recovery services and reverse logistics since 1980. This cookie is set by Segment to help track visitor usage, events, target marketing, and also measure application performance and stability. SoundPEATS True Wireless Bluetooth Earbuds in-Ear Stereo Bluetooth Headphones Wireless Earphones (Bluetooth 5.0, Built-in Mic, Stereo Calls, Total 15 Hours Playtime). Or maybe marketing costs are too high to get any visibility on Amazon. 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. When Amazon FBA inventory does not sell, you have a few choices. The liquidation process does not have to be stressful, and we assure you that with us, it wont be. Well, here you are. No upfront payment, you can get a free inquiry. The second, was to turn the remainder of our inventory over to them on a consignment basis. Good deal. Overstock items can be defined as unsold products in your inventory in volumes that exceed sales projections. By clicking Accept, you consent to the use of ALL the cookies. Service Details i-bidder.com is a portal for online trade auctions, covering a range of discounted new . Kole imports purchases closeouts in the categories of pet supplies, automotive, toys and many more at a wholesale price to buyers. If they pay after the sale, they will likely pay you 30-50% of what the item sold for. Double or even triple-expose your slow-movers to sell old inventory. Turn your excess inventory into fast, profitable cash for your company! build SKUs, and Here are the 10 best strategies for turning it into real cash flow. Call SELLING EXCESS INVENTORY for more info. To sell your inventory is quite easy. We can provide turnkey solutions to assist your business in lowering operating costs while recovering lost profits from customer returns. When you take this route you will be able to sell in bulk and make a large chunk of you money back and get these products off of your hands fast. 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. Categories of items purchased by Merchandise USA include giftware, home dcor, handbags, and sporting goods. If youre a good fit, the next step is usually to bring your items to the shop in person for them to look at and decide what they want. If our offer is accepted, our freight coordinator will arrange for one of our 53 trailers to pick-up from your warehouse, at no charge to you. Buying is our livelihood. Inventory liquidators will purchase your overstocked inventory at a discounted price and sell it to their own their network. We pay up front AND pick it up. Get paid immediately via Wire, ACH, Check, or Credit Card, once the product arrives to our warehouse. items that have been returned, opened, tags removed, damaged, regulated, etc.). There are no monthly fees and it doesnt cost you anything to list your items on consignment marketplaces until they sell. Wholesale Pallets of Liquidation Inventory For Any Sales Channel This is one of the fastest and most effective ways to figuring out where to sell overstock inventory. Whatever the case is, if your FBA goods aren't moving, it's critical to remove your inventory as soon as possible! New items selling below retail prices do very well on Tradesy, Poshmark, and Mercari too. We don't re-market product directly. Copyright. Asset Recovery Sell Your New or Used Surplus - Radwell.com Overstock.com Inc's ( OSTK) price is currently down 0.69% so far this month. Each marketplaces has its own set restrictions and fees. Sites such as Liquidation.com help you connect with surplus buyers. Through calls or filling of form on the site, you are good to go. Overstock happens when unsold inventory accumulates in volumes that exceed sales projections. For your safety, always meet with buyers in a public place like a coffee shop or shopping mall. We are fair and honest in liquidating your goods. The problem of slow-moving and excess inventory happens with most of the retailers. 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. Not all customers will be reliable and some may even think they are interested and change their mind at the last second. Of course, they are always in the demands of different components of electronics. Rest assured knowing that well work with you the entire way, providing defacing, repackaging, and other at-risk solutions to secure your inventory in an antonymous outlet. Get paid upfront for your surplus merchandise! 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. Simple Strategies for Quickly Selling Overstock Inventory How to Sell Excess Inventory Fast: 12 Ways to Clear Overstock, 6. you'll manage This approach allows the seller to recapture cash much faster than would be possible selling the same items . 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. However, Excess inventory does not have to become a liability. Excess inventory can pile up for a number of reasons: Granted, some of these issues, such as market and weather conditions, lie outside the control of business owners. Hence, it is also a platform for sellers who are looking for platforms to liquidate inventory. What Type of Overstock Inventory Does Closeout Express Accept? While you wont pay marketplace fees on these sales, selling on local marketplaces can be a significant time commitment. Increase your brand and product visibility through One, to purchase about 12 of the products we needed to liquidate. confidently We're experts at providing the best liquidation services in the industry, by helping you get the most out of your excess inventory! Selling on Amazon is becoming more and more difficult. Just Make It Go Away can serve as yourinventory Liquidator. visibility and reach by process to set up your account, 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. When this is the case, you may be able to improve your sales by changing elements of your marketing approach, such as which benefits youre emphasizing, who youre selling to or what keywords youre using to reach your buyers. 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! Don't forget to include . We also believe in presenting you a fair and competitive offer for your products . Our experienced team helps us analyze and evaluate inventory opportunities day-and-night, so we can move as quickly as you need us to. The business which has been in operation for 33years boasts of a vast network of sellers and buyers but the focus is on stocks in new condition. Analytical cookies are used to understand how visitors interact with the website. We want to buy your reject materials and consumer products and can arrange pickup from any location. Sell online. Getting rid of unsold stock is never fun, but these guys are fair and honest. Inventory clearance sale ideas include holidays, business events such as new location openings and cultural events such as sports championships. Contact us before your FBA inventory is shipped back to you. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Pivot to new products. Product liquidators specialize in liquidating all kinds of wholesale merchandise for companies. next overstock sale. Meanwhile, flexibility and comfort are two factors that cannot be taken for granted when talking about liquidating inventory via online websites. Four Ways to Sell Overstock Inventory | ZhenHub For the past 40 years, SELL inventory has been the industry leader for all consumer goods inventory liquidations. In todays economy, liquidating inventory is a necessity to survive. Top Liquidation and Clearance Websites for eBay and Amazon Sellers Sell nonperforming stock, excess inventory, deadstock overstock, and obsolete products in one shot, immediately. You get paid for your stock and we take it from there (50% upfront - balance once goods are received). 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. By using this site, you agree with our use of cookies Privacy. You could also schedule a pickup. Unlike consignment marketplaces where you can list just about anything and the buyer decides to buy it or not, consignment stores may not take all or any of your inventory. Mom and pop shop owners, flea market vendors, and wholesalers can also benefit from this inventory. The categories of inventory include food, chocolate, paper products, housewares, electronics, furniture, and many others. Simply put we are buyers of excess inventory. Fill the form to get started and to receive a no obligation FREEQUOTE! Thus, its best to liquidate inventory. sell We buy anything and everything, including [but not limited to] apparel, as seen on tv, bedding, beverages, cosmetics, detergent, food, footwear, general merchandise, hair care, health and beauty aids, housewares, impulse, kitchen, licensed goods, and so on. The longer you hold on to unsold merchandise, the more it costs your business. Impressive. Read our Privacy Policy. Donating items to local partners, nonprofits and schools can also be an effective way to move overstock and cultivate community relationships. through the Like consignment marketplaces, new and used items are usually both accepted (depending on the store of course) and priced accordingly. Expand your professional and government customer Inside your store, where you place items can help move excess inventory. You may also be doing your own customer service. Kole imports is located at 24600 Main Street Carson, CA 90745. orders, If you want to sell your overstock and surplus inventory to H & J Liquidators and Closeouts, Inc. today, simply fill out our online form and attach any necessary photos to help . Buyers of Overstock Inventory. The process involves several options. 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. By Publisher January 25, 2023 6 Mins Read. broad Overstock Inventory: 16 Data-Driven Ways to Sell Stock & Seasonal Inventory Wondering who will buy your unsold Amazon FBA stock? Having been in business for over thirty years, its platform remains the best channel to sell any excess domestic item. How to Conduct an Inventory Audit for Your E-commerce Business If you need cash for your excess inventory quickly, you can avoid the bother of auctions by selling to a surplus inventory liquidator like Merchandise USA. streamlined onboarding Products classified as overstock should come in cartons that are factory sealed. Customer returns of clothing, shoes, and accessories are at an all-time high: tens of billions of dollars worth of inventory get returned each year, most of which can't go back on store shelves. Send us your inventory file (preferably a .xls) with as much product details as possible. 7 Steps to Buy Overstock Items from Department Stores For example, you can run a buy one, get one free sale. This same cash can be reinvested into your business in order to enable growth. But, what do you do with all of it? Just-in-time (JIT) inventory management leverages automated inventory tracking by combining it with business intelligence to forecast sales demand. Just Make It Go Away is proud to be an environmental friendly business as we promote reducing waste and making the most out of what we already have! Selling on Amazon is becoming more and more difficult. If they decide to take any of your items, they will either pay you for them upfront or pay you a percentage after the item they accepted sells. Don't pay for shipping twice. bulk commercial and technical training Many retailers prefer to sell off their overstock inventory of a particular item in a single transaction to another business. Just get in touch with us. Work with a liquidation service -Sell overstock inventory to liquidation services as a quick way to free up space. When faced with what to do with these items, the ideal scenario is to do what you do best sell them at a profit. You have the ability to utilize online marketplaces to sell your excess inventory. Whether youre a big box store, a regional chain, or even a flea marketer looking for an opportunity buy, please e-mail us to be added to our affiliate list! 6 Simple ways to Sell Overstock Inventory. When things don't sell you are tying up valuable capital and space. Having been in business for over thirty years, its platform remains the best channel to sell any excess domestic item. Necessary cookies are absolutely essential for the website to function properly. Methods for managing overstock range from strategies for preventing overstock from accumulating to tactics for recovering the partial value of overstock. Read our Privacy Policy. 1. Our logistics team will coordinate a pick-up at your warehouse with one of our 53 trailers. In addition to Tophatter being ideal to sell excess inventory in bulk with its unique auction model, it is also unique in that it is an open marketplace that allows heavily regulated and often banned verticals such as CBD. They also have fewer regulations on personal health, wellness and sanitation items that marketplaces are currently limiting to a small number of select sellers. The point is, you trying to give people incentive to purchase more items from your store at one time. You can minimize costs, take advantage of consumer trends, and . Inventory Management Partners has been adeptly managing clients' Inactive, Excess Obsolete (IOS) material for over 13 years. If youre selling at a popular flea market on a beautiful afternoon, you may clear out a lot of your excess inventory and come home with cash, but if the market isnt well-attended or gets rained out, you may have to haul all of your unsold inventory home again. Let them know you heard about Tophatter from Payability and receive your first $100 in fees for free! Our fast, easy process is designed to respect your time and solve your challenging problems. However, they will take the inventory off your hands right away. Slow inventory movement may reflect a marketing strategy misaligned with your target market. Overstock, Excess, Obsolete Inventory Buyers - WeBuyExcess We also provide brand protection services when in need, such as defacing labels and tags, as well as exporting product to other countries and geographical regions. Fast!". We review the details and make you an offer to purchase your overstock merchandise. Sell Excess Inventory Online. reporting To do this without taking a loss, the bonus item should serve to steer sales toward another item to offset its cost. There's no shortage of items we accept if you need to sell your overstock inventory. It is located at J2 Sourcing AB, Kantyxegatan 29, SE-21376 Malmo, Sweden. Everything from the inventory appraisal, to the freight and logistics, is paid for and provided by WE BUY EXCESS. Inventory into Capital, quickly and hassle-free. Qualifications subject to change. After our review, use our If you need to sell overstock inventory, we're the people to call! collect Benefits of selling your waste, overstock, and damaged inventory. Online marketplaces already have built in traffic sources. I got cash back that was tried up in inventory I couldn't sell. find just what they want for less. Apply to get daily payments and capital for your growing business in as fast as one business day. Enjoy dedicated email support and powerful online We were paid both accurately and promptly, and would recommend Jay and his team to anyone who requires their services. This tactic can work especially well if the overstock item makes a natural fit for the other item. needs, Overstock You could keep marking them down, but they still keep competing against your full-price product. This cookie is set by Segment to count the number of people who visit a certain site by tracking if they have visited before. 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. Just Make It Go Away is the top inventory liquidator in the world! Kole imports purchases closeouts in the categories of pet supplies, automotive, toys and many more at a wholesale price to buyers. How to Sell on Overstock and Its Sub-Platform For Small - Medium These marketplaces allow you to sell inventory online to people in your local area. Get paid via wire transfer, immediately, once your inventory arrives at our warehouses. 1. Is is also hard to scale. 2 How to Buy Overstock Items. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. They were very easy to work with. You have excess inventory, and we have the capital, the know-how, and the ability to discretely dissolve through it. One of the goals of SELL Inventory is to help businesses optimize profit by selling off unwanted inventory to inventory buyers. Where to sell your overstock inventory in the Philippines SELL inventory has the ability to move inventory discretely offline, without disrupting a clients existing, primary sales channels. Unlike selling online where anyone can see your listing regardless of where they live, local flea markets only allow you to sell to people in your area who show up at the flea market. Asset Recovery Solutions and Going Out of Business GOB Management. Liquidate the overstock by selling it to other companies which purchase surplus inventory at discounted rates. 2. If they pay after the sale, they will likely pay you 30-50% of what the item sold for. Over the last year, Overstock.com Inc has hit prices as high as $39.24 and as low as $17.05. Tophatter is a discovery marketplace that provides a shopping experience similar to national discount chains like TJ Maxx, where customers browse and shop for deals as entertainment rather than shopping for something specific. Copyright 2023 SCMDOJO, All Rights 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. Closeout Buyers Ready To Buy Excess Inventory - Put Cash In Your Hands So there is no waiting in line to pay for shipping. Under Internal Revenue Service (IRS) regulations, corporations generally can donate inventory to any qualified charitable organization. Better prices than what our competitors offer, Easy process, from upfront payments to full transport provision. Due to the rising costs of warehousing, FBA fees, and storage, it often doesnt make sense to hold on to unsold or seemingly unsellable inventory (i.e. High quality inventory - Our lots consist primarily of retail returns often in the original packaging. 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. Many online sellers clear out their excess inventory on local marketplaces such as Facebook Marketplace, OfferUp, and Letgo just to name a few. Why Overstock.com Inc's (OSTK) Stock Is Up 11.40% | AAII Overstock.com | Partner Page This can waste financial resources and shelf space, preventing storage from being used for more profitable inventory while creating cash-flow problems. We buy any size and variety of lot: new, salvage, discontinued, IR. Another tactic is offering giveaways in raffle contests which serve to bring customers into a store, where they may purchase other items. If only all my vendors operated in such a mannerI have never seen so much accomplished in such a short time. Bing Ads sets this cookie to engage with a user that has previously visited the website. customers To learn more about discovery marketplaces, be sure to check out our post on discovery shopping and what sells best on discovery marketplaces. forward. Liquidating Old and Surplus Inventory: 11 Smart Ways to Get Rid of If you have excess inventory that can be retailed, chances are we're interested and will make you a hassle-free offer. 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. We purchase excess inventory of nearly all categories of finished products and consumer goods. Place ads for your inventory sales at strategic places on your site. Once your products are on site, For more on fees, items that work best, and how to succeed on consignment marketplaces, check out our post on eCommerce selling tips for Tradesy, Poshmark and Mercari. Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services. Call us at (646) 494-8675 or email sales@payability.com. opportunities. 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. 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. Left unsold, excess items will need to be returned to the supplier or disposed of in some other way which represents a loss. If you've got inventory that "Must Go", please send it ourway. We are able to easily take your excess inventory off of your hands and put it to good use! Excess inventory creates a number of problems that can hurt your business: In these various ways, overstock consumes cash and cuts into profits. 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. Contact us about your surplus inventory today. 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. One tactic you can use to try and get rid of your overstocked product is product bundling. The categories include anything retail-ready. Sometimes market conditions change and products just do not move as predicted. This means you can avoid going out-of-stock and missing out on orders and avoid going overstock and having to sell your products at lower price than anticipated and cutting into your margins. Payability, Inc. 2022. Getting into the e-commerce space is a great way to start to scale your business and make your business more profitable. Increase your brands There are a few ways you can go about this from a business perspective. Ideal for Overstock.com (OSTK 1.14%) Q1 2023 Earnings Call . 2.2 Next, They Sell The Overstocked Merchandise. Our team is comprised of no-nonsense industry veterans, whom have well over 100 years of experience combined, and billions of dollars of products successfully purchased and liquidated. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. For example, if you are targeting one buyer, you either ship the goods to LiquidateNow or keep them in your custody. Just be sure to make it clear that the item is new so buyers immediately recognize the value they are getting. Sometimes market conditions change and products just do not move as predicted. We also use third-party cookies that help us analyze and understand how you use this website. Overstock inventory can be a serious issue for both small and large businesses. subscribers and unique visitors per month, our current Our online auctions provide an excellent solution for businesses looking to sell a lot of inventory fast. At Just Make It Go Away we are theleading recycler of textile waste, building materials, automotive textiles, and more. Skip to navigation Skip to content. Transacting with SELLinventory.com was both easy and seamless, which is a testament to their operational dedication, organization, and communication. Liquidation sites sell the products through online auctions or by putting a fixed price on the collection. Automating your inventory tracking can provide you with the data you need to give you an early warning signal before overstock gets out of hand. We buy from all over the US as well as internationally. 2. Liquidation.com. 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. If you assemble products in-house, you might have a glut of component pieces. if Liquidation is the process undertaken by a company that decides to sell its inventory in order to recover a portion of the capital invested in its merchandise. partner platform, which Ultimately, effective overstock inventory management leads to a smarter, more efficient approach to stocking and selling products. Thanks to consistent technological advancement, it is now possible to sell any inventory from any part of the world. 3 How to Sell Overstock Items. We'll pick up the inventory or have it shipped directly to our facility - while paying you upfront. You can remarket it a . 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. We buy all types of products in small, large or bulk quantities. 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. An easy way to automate inventory tracking is to use a point-of-sale system with inventory tracking capability, such as Cin7, or an inventory management app that syncs with popular accounting apps, such as Fishbowl.