Liquidation & wire transfer - is it safe?

Full Member
shitaye80
Posts: 11
Joined: 21 May 08
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24 May 11 02:36:50 am
buying product from liquidation store is safe .also they went wire transfer payment for international buyers .?

Site Admin
irene_salehoo
Posts: 2578
Joined: 21 Mar 10
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25 May 11 12:42:21 am
Hi shitaye80,

Most of the liquidators use wire transfer because they deal with bulk purchases requiring payments in large amounts. Credit cards or Paypal charge fees and it will certainly eat up their profits. Relatively, bank transfer and check payments are fine since they traceable, but do research first and check the reputation of the liquidator supplier you will be dealing with and never ever send money using Western Union.

The best situation would be a pick up from these liquidators. It cancels out shipping costs and yes, no risk at all. Where are you located? There might be a liquidator near you.

Let us know if you need further help. :)


Irene
Full Member
shitaye80
Posts: 11
Joined: 21 May 08
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25 May 11 10:36:47 am
hi irene thank u for your help .
i'am located at melbourne australia .this company i fined them in salehoo directory called liquidation.com they based in u.s.a

Site Admin
fudjj
Posts: 5911
Joined: 27 Jul 07
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25 May 11 08:09:41 pm
Hi shitaye80

The first thing you really need to understand about Liquidation.com is that they aren't liquidators in the true sense of the word. What you will find there is not a single trading entity, but multiple trading entities all selling their stock through the service that Liquidation provides.

That doesn't mean it's a bad thing, but what it does mean is that you really have to focus your research on the supplier that you are looking at purchasing through. You'll find excellent suppliers there and you'll find, well, some not so excellent ones as well.

Liquidation.com is also a bidding format, so it can be very dangerous for the inexperienced trader. Easy to let yourself get carried away with your bidding and end up paying too much after all the associated costs have been factored in.

Research the supplier well, research the products and prices well against the market you will be selling in to ensure you have an accurate value, remembering to include costs such as Liquidation.com's commission, as well as shipping.

There are genuine liquidators you can purchase from in the US at a set price per load. This means that it makes it easy to do the maths upfront. To ship internationally, you could look at Titan Liquidations and Topper International, both members of our directory.

You could also look at via trading in California, I'm more than happy to recommend them. First class company to do business with.

Now as you are in Melbourne, we don't have the same liquidation structure here, however you can source these types of products from larger auction houses.

Check out around your local area, just keep an eye on the weekend papers, you'll find details of local auctions there.

Cheers


Mark (fudjj)

Community Manager
SaleHoo.com

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Full Member
shitaye80
Posts: 11
Joined: 21 May 08
Karma: 
26 May 11 03:49:32 am
really good sorce of information .thank u .
the other thing is i'am looking supplyer in turkey have u got any information . they have good quality clothes + cheap.

Site Admin
irene_salehoo
Posts: 2578
Joined: 21 Mar 10
Karma: 
26 May 11 09:50:13 am
really good sorce of information .thank u .
the other thing is i'am looking supplyer in turkey have u got any information . they have good quality clothes + cheap.


But they have silk hijabs for clothing, is this the specific product you need to source?

By the way, they have quality cosmetics - Link hidden: Login to view :)


Irene
Full Member
shitaye80
Posts: 11
Joined: 21 May 08
Karma: 
26 May 11 12:55:23 pm
i'am looking mens jean and womens clothes .thanx

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