New wholesale venture, import or buy liquidated in US?


merloinc
Full Member
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  • Joined: 16 Oct 08
  • Karma:
24 Oct 08 07:38:26 pm
OK, so I own a small indoor flea market in the midwest, and I see my vendors buy a lot of products but sometimes to high cost. I'm looking so start wholesaling to them and other fleamarket vendors in my area but i want to get better pricing so i can sell to them for less as well as set up an online store of both retail and wholesale, would it be better to buy liquidated merchandise or contact importers and buy from them directly, I want to start small but have great potential to grow fast. thanks.


gulfy13
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25 Oct 08 12:54:41 am
Liquidated prices are going to be cheaper than wholesale prices even with brand new items...and even if you go directly to the suppliers the best you are going to get is a wholesale price...I would suggest going with liquidated goods..


fudjj
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  • Karma:
25 Oct 08 01:07:01 am
Liquidated stock for me would also be the suggestion, however depending on your loads you will have a certain amount that is not unusable for resale, and the quality will range on all products throughout that load.

If you are going to be supplying resellers, that is going to be a massive problem when setting product prices because everyone is not going to get the same quality product.

Buying from a manufacturer or wholesaler in volume is the only way you are going to get a product with even quality to allow you to set a standard price.

Would be a bigger outlay, but far less issues in my opinion.


Mark (fudjj)

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merloinc
Full Member
  • Posts: 7
  • Joined: 16 Oct 08
  • Karma:
26 Oct 08 06:06:10 pm
I'm considering liquidated products for the fact i will sell mostly to fleamarket vendors, now i;m just looking for the right liquidators so i know i wont get mostly garbage in the loads, does anybody know any reliable liquidators. thanks


fudjj
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26 Oct 08 09:30:30 pm
Have a talk to jimmy, he may be able to put a specific load together for you, and provide some sort of quality control to meet your requirements at the same time.


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