You may also be doing your own customer service. All Rights Reserved. While we sell overstock inventory and do inventory liquidation, we do not handle clothing, food, toys, kitchen accessories, or other items. We are available by phone or e-mail 24 hours a day, 7 days a week. Regardless of what your excess inventory may entail, the WE BUY EXCESS Team are the best inventory liquidators for you. Read our Privacy Policy. Sell Inventory is located at 704, Ginesi Drive, Suite 27 Warehouse #3 Morganville, NJ07751. This same cash can be reinvested into your business in order to enable growth. 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. 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. You will also find 18 Targeted Inventory Reduction Strategies for Supply Chain Professionals useful in reduction excess and obsolete inventory. In addition to Amazon fees and storage, sometimes your item is just too slow-moving or the marketplace has become too competitive to make a profit. Let us know about the surplus inventory you want to liquidate. Get paid immediately via Wire, ACH, Check, or Credit Card, once the product arrives to our warehouse. To justify lowering your price, you can tell customers youre holding an inventory clearance sale or you can come up with other reasons for holding a sale. Place ads for your inventory sales at strategic places on your site. With the inventory carrying costs that may eat up the capital gain of every business, no one likes the burden of excess inventory. begin Terms and conditions apply. Pivot to new products. Thanks to consistent technological advancement, it is now possible to sell any inventory from any part of the world. Getting rid of unsold stock is never fun, but these guys are fair and honest. In the past 39 years, the categories bought and sold include building supplies, clothing and fabric, general merchandise, and so on. Address 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 . Here are just a few: 2. SELL inventory has the ability to move inventory discretely offline, without disrupting a clients existing, primary sales channels. We are fair and honest in liquidating your goods. The longer you hold on to unsold merchandise, the more it costs your business. We buy excess inventory of all kinds. All rights reserved. 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. items that have been returned, opened, tags removed, damaged, regulated, etc.). This results in us being able to offer you the best price for your goods. Lots of Auctions helps businesses turn overstock, excess, and outdated inventory into profit. Whether you need an inventory liquidation due to an oversupply or end-of-life inventory management, well help you sell excess inventory and generate business cash. competitive payment terms that 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. Submit youre your inventory through our liquidation form with as much detail and information as possible. The merchants who want to sell overstock inventory and other goods online need to learn how to sell on Overstock. 2. The categories of inventory include food, chocolate, paper products, housewares, electronics, furniture, and many others. We service all industries, including manufacturers, wholesalers, retailers, service industries, and more. No credit checks or external documents required. Better prices than what our competitors offer, Easy process, from upfront payments to full transport provision. Is is also hard to scale. Sometimes market conditions change and products just do not move as predicted. If you put the items on sale, though, you will increase attention to the product. Create an employee sale -Discount select overstock items and hold a special employee-only warehouse sale. We are always looking to expand our network and outlets every way possible. Smooth and easy. needs, Overstock What matters most is that customers feel as if they are getting value or found a bargain. Analytical cookies are used to understand how visitors interact with 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! 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. Inventory into Capital, quickly and hassle-free. From the initial conversation, Jon was very informative of the services they offered, the steps in the process and expectations. But, what do you do with all of it? For example you can offer 10% off on your order with purchases over $50 or you can offer free shipping on purchases over $50. 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. broad 800+ pallets and 40 trailers later our job was done. Excess inventory creates a number of problems that can hurt your business: In these various ways, overstock consumes cash and cuts into profits. 1. Don't pay for shipping twice. Leveraging an online marketplace can be a great way for you to not only get rid of excess inventory but to . There are many reasons why a business might want to find a buyer for their overstock merchandise especially when you are competing online. Call Us: (224) 567-6030. . 16 Ways to Reduce Surplus Stock and Sell Overstock Inventory. Buyers of Overstock Inventory. If they pay after the sale, they will likely pay you 30-50% of what the item sold for. Adjust the way you showcase and price your overstock inventory. If you assemble products in-house, you might have a glut of component pieces. Overstock inventory is great for businesses looking to bulk buy inventory for their brick-and-mortar locations or online reselling businesses. customers We purchase overstock or excess inventory from wholesalers, retailers, Liquidators, Amazon FBA sellers, Manufacturers, Distributors, importers & 3 PL Warehousing Facilities. 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. Your website provides a ready-made venue for showcasing inventory you want to move and discounts you want to promote. 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. makes selling your products Year to date, Overstock.com Inc's stock is down 65.89%. your business aligns with We received a quote within 48 hours, their truck had arrived the very next day, and we received payment by the evening. Many online sellers clear out their excess inventory on local marketplaces such as Facebook Marketplace, OfferUp, and Letgo just to name a few. To add urgency, you can promote it as a one-day-only flash sale. Inventory management software such as TRXio can help you implement JIT methods. Plus the buyer pays for the shipping, so you dont have to worry about shipping costs. We'll contact you Our past history, prior to 1980, was spent as a manufacturer, wholesaler, and retailer. DESIGN BY: CHICAGO SMALL BUSINESS WEB DESIGN. customers every month. 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. 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. If youre a retailer looking for unheard of growth and margin, we are the merchandise liquidators you need to call. We will buy your unsold or excess FBA inventory. It is hard to deal with due to damages, taxation, and insurance. opportunities. Getting into the e-commerce space is a great way to start to scale your business and make your business more profitable. find just what they want for less. Fees are a flat 9% across all categories plus a small fee to get your products a slot in the auctionthink of it like shelf spacethese are called Scheduling Fee Bids (SFBs) in Tophatter lingo. Create a new and exciting way to attract new customers and you will be rewarded with more sales. If you choose a local marketplace it takes time to meetup with someone and to communicate with the customer a time and place. Online marketplaces already have built in traffic sources. For over 12 years, LiquidateNow has successfully completed liquidation sales and the recovery achieved has enabled it to maintain sustainable relationships with manufacturers, sellers and buyers alike. We also use third-party cookies that help us analyze and understand how you use this website. Selling When you are bothered about inventory carrying costs and thinking of liquidating, this website is here for you. Other times items may havebecome restricted. Fast. If you have friends, family or a nearby shelter that could use your overstocked or damaged goods this may be a good idea. Well cover what overstock inventory is, why it can be a problem, what causes it, how to avoid it and how to sell excess items efficiently. In fact, many times we can make it happen in just a matter of hours. Knowing how to sell overstock inventory can keep revenue flowing and prevent cash crunches. fulfillment, and more on our High quality inventory - Our lots consist primarily of retail returns often in the original packaging. Excess Inventory, Closeouts, Surplus, Salvage, Customer Returns, Store Closings, Bankruptcies, Expiration and Date Code Issues, Irregulars, Factory Defects, Seconds Not only do we buy it all, but we PAY OUR BILLS IMMEDIATELY. 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. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. 3. To operate on the platform, you have to register as a buyer while you must apply to sell. Bulk discounts offer a variation on inventory sales which can serve to move larger amounts of items. First provide a proposal stating the kind, state, quantity, location of the item and the motive for liquidating. 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! As sellers who list higher volumes of inventory on the platform tend to get the most out of the platform. Free up valuable and expensive warehouse space. Get paid via wire transfer, immediately, once your inventory arrives at our warehouses. Easy call, quick response. We were paid both accurately and promptly, and would recommend Jay and his team to anyone who requires their services. The layout of a store can impact how customers encounter (or do not encounter) the items in your inventory. The warehouse facility of BoxFox is located in Chicago, IL. You could also schedule a pickup. We purchase excess inventory of nearly all categories of finished products and consumer goods. The liquidation process does not have to be stressful, and we assure you that with us, it wont be. 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. If you have excess inventory that can be retailed, chances are we're interested and will make you a hassle-free offer. While you dont have to accept a lower price, this is a common practice. 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. 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. When you run into problems like this you begin to ask yourself where to sell overstock inventory?. This category only includes cookies that ensures basic functionalities and security features of the website. options, and enhanced content Use tab to navigate through the menu items. build SKUs, and This can waste financial resources and shelf space, preventing storage from being used for more profitable inventory while creating cash-flow problems. Sites such as Liquidation.com help you connect with surplus buyers. Overstock.com ( OSTK 1.14%) shareholders were beating the market this week as the stock gained 13% through the close of trading Thursday. subscribers and unique visitors per month, our current Here, you sell closeouts with ease by filling a form that includes images of the stocks. by Chris Wackerman | Jun 10, 2020 | Overstock Inventory | 0 comments. For example Amazon FBA will return your inventory or destroy it for you for a cost. We'll Look At Just About Anything That Can Be Retailed, We specialize in wholesale liquidation of Amazon FBA obsolete inventory. 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. *We do not perform credit checks but will perform a standard background check of public records. Transacting with SELLinventory.com was both easy and seamless, which is a testament to their operational dedication, organization, and communication. One, to purchase about 12 of the products we needed to liquidate. We have the capital, capacity, and capability to purchase inventory of any size, whether it be a single pallet one-time deal, or a multi-year take-all corporate contract with thousands of truckloads of product annually. Very professional and accommodating. Take advantage of Overstock's Keep in mind that they are often looking for something specific that they think is going to sell fast. We manage the process of liquidation, completing the product cycle while effectively maximizing our clients return. Liquidation.com. During the month of April, Overstock.com Inc's stock price has reached a high of $21.44 and a low of $17.13. Sell your damaged, reject and excess products to us and start a partnership with a trustworthy company. Skip to navigation Skip to content. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. online sales experience, excellent customer service, Having been in business for over thirty years, its platform remains the best channel to sell any excess domestic item. We want to buy your reject materials and consumer products and can arrange pickup from any location. If you're a crafty business owner and your product isn't seasonal, you have an advantage here. Cost is also effectively managed as buyers carry shipping costs but you have to pay 5% transaction fee. A broad mix of categories perform well, from home to health and beauty to electronics to consumables, the list goes on. SELLING EXCESS INVENTORY is our name andit's our job, so let us help you! If so, developing new products can be a smart way to sell overstock inventory. SELLinventory.com has been in the liquidation business for over 40 years. Without any stress or risk involved in a business, you can liquidate inventory from anywhere. Government platform New items selling below retail prices do very well on Tradesy, Poshmark, and Mercari too. You can offer a free giveaway to every 10th customer who buys a particular item. We Buy Excess has been providing asset recovery and inventory liquidation solutions to small, medium, and large businesses for over the past 30 years. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. 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. This handy tip is from retail expert Christine Guillot. The categories include anything retail-ready. 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. Everything from the inventory appraisal, to the freight and logistics, is paid for and provided by WE BUY EXCESS. You can also make lower offers to Likers or people who have liked your listings that also expire in 24 hours. While you can sell one off items successfully on Tophatter, its best for high volume. and BY Editorial Team. Just Make It Go Away is the top inventory liquidator in the world! So you may want to set your prices a little higher expecting that you will get lower offers or give lower offers. Alternately, consider giving every customer who purchases a high-demand item a bonus. For the cost of 50 cents each item, Amazon will ship your goods back to you. Selling on Amazon is becoming more and more difficult. Their coordination of the entire project was nearly perfect. years of Don't pay for shipping twice. 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. Bad Credit Business Loans: 5 Best Options, How to Communicate a Price Increase to Customers, 13 Small Business Goals to Implement This Year, How to Create a Business Plan to Succeed in 2023, Build a Small Business Emergency Fund in 8 Steps, Best Ways to Use a Business Loan to Boost Growth, Loans & Grants for Hispanic-Owned Businesses, Inventory Costing Methods: Our Guide of Best Practices, Is the Trucking Business Profitable? We work with many wholesale resellers, each having their own specialty. This cookie is installed by Google Universal Analytics to restrain request rate and thus limit the collection of data on high traffic sites. Take the product that you are overstocked on and bundle it together with a product that is selling well. You have the ability to utilize online marketplaces to sell your excess inventory. So there is no waiting to get paid for what you sell. Inventory liquidators will purchase your overstocked inventory at a discounted price and sell it to their own their network. make it easy to Fill the form to get started and to receive a no obligation FREEQUOTE! Getting into the e-commerce space is a great way to start to scale your business and make your business more profitable. We established two contracts with SellInventory.com. Use your market research data to help you identify ways you might adjust your selling angle to move more inventory. LiquidateNow is an online platform with vast specialization in liquidating excess and unneeded inventory. Provide brief information about the inventory, upload image, state your location, wait for its reviewing and receive your full payment as soon as possible and prepare the items for pick-up. To showcase sales items, make the most of end caps, displays and checkout line shelves. This platform connects buyers and sellers of surplus inventory, returned merchandise,. 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. 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. Copyright 2022 Fast Capital 360. 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. HubSpot sets this cookie to keep track of the visitors to the website. This allows you to recover some of your costs even without selling the item. Sell nonperforming stock, excess inventory, deadstock overstock, and obsolete products in one shot, immediately. 2. Well, there is no request for an upfront fee. Turn unsalable merchandise into usable money. For example, if you are targeting one buyer, you either ship the goods to LiquidateNow or keep them in your custody. We already know that there arent enough hours in the day to get everything done, so why get stressed out and prolong the liquidation process. We buy any size and variety of lot: new, salvage, discontinued, IR. 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 Just get in touch with us. Bing Ads sets this cookie to engage with a user that has previously visited the website. By conducting an inventory audit early in the process, you'll know exactly how much additional inventory to order from your suppliers. 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. Payability, Inc. 2022. Or maybe marketing costs are too high to get any visibility on Amazon. We buy all types of products in small, large or bulk quantities. This way the buyers get great deals on branded products and the retail companies earn some cash to pay off creditors. Categories of items purchased by Merchandise USA include giftware, home dcor, handbags, and sporting goods. We can provide turnkey solutions to assist your business in lowering operating costs while recovering lost profits from customer returns. 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. This can waste financial resources and shelf space, preventing storage from being used for more profitable inventory while creating cash-flow problems. Save my name, email, and website in this browser for the next time I comment. We'll pick up the inventory or have it shipped directly to our facility - while paying you upfront. Finally, in the case of perishable and time-sensitive goods, overstocking means risking expiration and product obsolescence. Of course, there are other websites besides the above but they have been carefully selected because of the user-friendly interface that allows for easy navigation, the process, professional skills and years of expertise. tools. Locate the business today at Albany, NY 12207 to liquidate inventory. 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. I got cash back that was tried up in inventory I couldn't sell. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. We're experts at providing the best liquidation services in the industry, by helping you get the most out of your excess inventory! Overstocking products that are not selling well is a burden for any retailer. Call today for a free quote (630) 815-3867 You can follow him onLinkedIn,Facebook,TwitterorInstagram. A lot of people in . 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.