sell overstock inventory

Inventory Management Partners has been adeptly managing clients' Inactive, Excess Obsolete (IOS) material for over 13 years. Plus the buyer pays for the shipping, so you dont have to worry about shipping costs. Just Make It Go Away can serve as yourinventory Liquidator. We are able to easily take your excess inventory off of your hands and put it to good use! Call us at (646) 494-8675 or email sales@payability.com. Everything from the inventory appraisal, to the freight and logistics, is paid for and provided by WE BUY EXCESS. 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. Lots of Auctions helps businesses turn overstock, excess, and outdated inventory into profit. 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! It is located at 3021 W. 36th Street, Chicago, IL 60632. 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. Fill the form to get started and to receive a no obligation FREEQUOTE! We are a local Greater Metropolitan ChicagoIL inventory liquidator. For example, a company that buys too much candy for Valentines Day may have extra candy left over after the holiday. 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. Contact us before your FBA inventory is shipped back to you. Overstock.com (OSTK 1.14%) Q1 2023 Earnings Call . Strategies for managing excess inventory fall into a few general categories, including: With that in mind, here are 12 ways to apply these general strategies: Good inventory management starts with accurate inventory tracking. Well, that is why Computer components are here. 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. Skip to navigation Skip to content. Overstock inventory refers to the excess goods or merchandise that a retailer has on hand and is unable to sell within a reasonable amount of time. 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. B2B Online Sales. Overstock is dedicated to making beautiful and comfortable homes accessible by helping customers easily and confidently find just what they want for less. Sell Overstock Inventory to Increase Your Profit Margins. Copyright 2023 SCMDOJO, All Rights 4 Buying and Selling Overstock- A Great Money Making Idea. The layout of a store can impact how customers encounter (or do not encounter) the items in your inventory. This cookie is passed to HubSpot on form submission and used when deduplicating contacts. The liquidation process does not have to be stressful, and we assure you that with us, it wont be. The categories are clothing and accessories, computers, industrial tools and machinery, housewares, among others. We work with the courts, assignees, and creditors by purchasing a businesss inventory to help aid in paying off remaining debts and creditors. This cookie is set by Segment to count the number of people who visit a certain site by tracking if they have visited before. forward. Use your market research data to help you identify ways you might adjust your selling angle to move more inventory. BY Editorial Team. SELL inventory has been providing asset recovery services and reverse logistics since 1980. Many online sellers clear out their excess inventory on local marketplaces such as Facebook Marketplace, OfferUp, and Letgo just to name a few. So there is no waiting in line to pay for shipping. Such excess items are unlikely to be sold without adjusting your marketing and sales strategy through methods such as holding discount sales. Once your products are on site, 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. Because our auctions take place entirely online, bidders can participate . Buying is our livelihood. We pay in full, via wire-transfer, on receipt of goods, at any one of our warehouse locations. All rights reserved. Below we will explore some key places eCommerce businesses have successfully sold their excess inventory. We are available by phone or e-mail 24 hours a day, 7 days a week. Below, the websites links, process, year of expertise, among others are considered. 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. How to Sell Excess Inventory Fast: 12 Ways to Clear Overstock, 6. 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. Ultimately, effective overstock inventory management leads to a smarter, more efficient approach to stocking and selling products. content that makes it easy In todays economy, liquidating inventory is a necessity to survive. We will buy your unsold or excess FBA inventory. To add urgency, you can promote it as a one-day-only flash sale. Through calls or filling of form on the site, you are good to go. The categories include anything retail-ready. 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. Bundle Overstock Items with Fast-Moving Stock, Sell Overstock Inventory to Increase Your Profit Margins. We will buy your unwanted materials and take them off of your hands! This is a year of inventory rationalization for the industry, something that is taking longer than most expected. This can waste financial resources and shelf space, preventing storage from being used for more profitable inventory while creating cash-flow problems. 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. The categories of stocks are appliances, automotive, books, cell phone accessories, commercial assets, general merchandise, sporting goods, among others. 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. 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. Turn your excess inventory into fast, profitable cash for your company! Selling on Amazon is becoming more and more difficult. Disposing of your products is also not environmentally friendly. Here are the 10 best strategies for turning it into real cash flow. We can provide turnkey solutions to assist your business in lowering operating costs while recovering lost profits from customer returns. Increasing your profits and also helping you sell more of your overstocked products. We'll pick up the inventory or have it shipped directly to our facility - while paying you upfront. operational beautiful eye catching paid ad placements. 1. This way the buyers get great deals on branded products and the retail companies earn some cash to pay off creditors. (But make sure to compare your options and check reviews. If so, developing new products can be a smart way to sell overstock inventory. 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! Clearing inventory provides a lot of benefits, from maximizing resources to preventing potential waste. SoundPEATS True Wireless Bluetooth Earbuds in-Ear Stereo Bluetooth Headphones Wireless Earphones (Bluetooth 5.0, Built-in Mic, Stereo Calls, Total 15 Hours Playtime). The categories dealt in are electronic components and it has been in the industry for 30 years. You wont earn as much per unit, but youll sell more items, while building customer relations in the process. Of course, they are always in the demands of different components of electronics. Trends, seasonality and the stock market can all influence sales. 2. Here are 12 ways to move excess items. We have a tremendous amount of experience in the manufacturing, retail, and wholesale markets, and understand close-outs, customer returns, surplus, excess stock, salvage, and dwindling and discontinued products better than anyone else in the industry. Convert misfortune into dollars by selling the rejected or abandoned merchandise. 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. Our online auctions provide an excellent solution for businesses looking to sell a lot of inventory fast. 6 Simple ways to Sell Overstock Inventory. To learn more about discovery marketplaces, be sure to check out our post on discovery shopping and what sells best on discovery marketplaces. simple and easy. First provide a proposal stating the kind, state, quantity, location of the item and the motive for liquidating. However, they will take the inventory off your hands right away. Top Liquidation and Clearance Websites for eBay and Amazon Sellers. However, most of these factors can be managed to at least some degree to avoid and mitigate overstock issues. Because tax regulations governing inventory donations can be somewhat complex, consult your accounting professional for how to apply them. You have the ability to utilize online marketplaces to sell your excess inventory. Left unchecked, excess inventory potentially can put you out of business. In fact, many times we can make it happen in just a matter of hours. This allows you to recover some of your costs even without selling the item. 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. Their professionalism and follow-through in handling the logistics and communication were exceptional! When discounting prices, make sure you keep your prices high enough to maintain a profit margin. Thanks to consistent technological advancement, it is now possible to sell any inventory from any part of the world. Increase your brands Submit youre your inventory through our liquidation form with as much detail and information as possible. Online marketplaces already have built in traffic sources. If you have excess inventory that can be retailed, chances are we're interested and will make you a hassle-free offer. I got cash back that was tried up in inventory I couldn't sell. I work with many vendors in my position, and it was refreshing to work with someone who made things so easy. We help you take away the worries. We purchase excess inventory of nearly all categories of finished products and consumer goods. J2 sourcing is concerned with providing its vast customers with whatever stock they are looking for. SELLinventory.com has been in the liquidation business for over 40 years. We invoiced on Tuesday and they wired funds on Wednesday. All other products, services, and company names are trademarks, registered trademarks or service marks of their respective owners. However, even if your business is booming and operations are running smoothly, liquidation is . We work with many wholesale resellers, each having their own specialty. Overstock happens when unsold inventory accumulates in volumes that exceed sales projections. homes accessible by helping customers easily and We want to buy your reject materials and consumer products and can arrange pickup from any location. Shopping Cart. industry-leading e-commerce technology. One of our team members will follow-up with an email or phone call to better discuss your inventory. Our level of experience within all sectors of supply chain, provide us with expertise and knowledge unmatched by anyone. incorporates enhanced product Leveraging an online marketplace can be a great way for you to not only get rid of excess inventory but to . options, and enhanced content Even if you can't move all your overstock inventory this way, you'll have a chance to sell some of it without needing to discount it or give it away. When Amazon FBA inventory does not sell, you have a few choices. Started. There's no shortage of items we accept if you need to sell your overstock inventory. Remarket. They were very easy to work with. orders, Our staff will review your submission details and give you a fair quote within 24 hours. For whatever reason, you may have an excess inventory and are looking to Sell Surplus Inventory Online; know that we could be your perfect partner in this process. Excess inventory creates a number of problems that can hurt your business: In these various ways, overstock consumes cash and cuts into profits. Our logistics team will coordinate a pick-up at your warehouse with one of our 53 trailers. Their ability to handle and process large volumes of inventory promptly and accurately, set them apart from the competition. Overstock.com Inc's ( OSTK) price is currently down 0.69% so far this month. We'll give you a fast, & free quote while saving you money and time. Kole imports is located at 24600 Main Street Carson, CA 90745. No need to buy a pallet of junk and sort it yourself, we've done the heavy . 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. Our most popular categories include home goods, toys, pet products, beauty, gift sets, and short-dated food. merchandising your products. Your website provides a ready-made venue for showcasing inventory you want to move and discounts you want to promote. partner platform, which Need more information? When a business no longer has the means or time to sell through their excess inventory, and theyve exhausted all their outlets and resources, they come to us. 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 . Liquidation.com is an online auction marketplace. We buy from all over the US as well as internationally. Put on a Promotion. That compares to a roughly flat result for the S&P 500 . You will also find 18 Targeted Inventory Reduction Strategies for Supply Chain Professionals useful in reduction excess and obsolete inventory. next overstock sale. We Buy Excess has been providing asset recovery and inventory liquidation solutions to small, medium, and large businesses for over the past 30 years. Or problems selling Amazon inventory? If you put the items on sale, though, you will increase attention to the product. The channels are open to both new and used items. Create a new and exciting way to attract new customers and you will be rewarded with more sales. DESIGN BY: CHICAGO SMALL BUSINESS WEB DESIGN. Analytical cookies are used to understand how visitors interact with the website. Thus, its best to liquidate inventory. So you are at the mercy of foot traffic and the overall popularity of the flea market. YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data. Irrespective of your business structure and size, you can turn sales of excess inventory into a way of generating some income to put back into your business, which is otherwise money stuck in the shape of the product. Like consignment marketplaces, new and used items are usually both accepted (depending on the store of course) and priced accordingly.

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