FREEBIE: Finding The Right Liquidators
So, you’re ready to purchase liquidation to resell. Who do you buy from? What kind of pallet do you choose? The best thing to do is to start here! First, read these relevant blog posts to give yourself a starting point:
Then, download this freebie to help keep your thoughts together. Using this free tool will allow you to make educated and informed decisions regarding one of the most important aspects of your business: sourcing inventory to sell. Do not make unnecessary risks for your business and stay organized!
So you want to find liquidators to source pallets from. Who do you buy from? What type of pallet do you choose? The process can be overwhelming. There are so many horror stories out there about bad pallets, bad experiences, and bad profits. There is no way to fully mitigate the risk, it’s important to know how to conduct thorough searches and vet the liquidators you hope to do business with.
So, how does one do that? First, you want to make sure that you choose the right place or location. Read the blog linked below to learn how to find these liquidators and tips on how to determine a company’s strengths and weaknesses. Those will affect whether you choose to do business with them. Then, you’ll want to read the next blog linked below to determine what kind of pallets you would like to purchase based on how your reselling business model is set up.
Check out these relevant blogs regarding finding liquidators and purchasing pallets (coming soon):
Then, for each liquidator that you are researching, print one of these sheets. Follow the prompts to help you organize your thoughts into a clear representation of each company’s business practices, reviews, and standards. Then you can identify the risks and the benefits of using each one and determine your most profitiable decision! Keep these sheets for future reference. Liquidation can be tricky and sometimes your first choice won’t have the type of pallets you want/need. You will always want more than one source available for you to use, because liquidation is always changing, and products are not always available when you want them.
Make educated and informed decisions for your business. Good luck!