Recent Posts
The Closeout Industry
Return To Blog Listing
In depth information about wholesale closeout and surplus merchandise to resell through Ebay and other retail channels
Recent Posts Tagged With 'closeout education'
Holiday Sales Bring Many Retail Returns
Not everyone appreciates that gift aunt Helen purchased in a rush; in fact, hundreds of thousands of Christmas gift recipients are now making their way back to retail stores returning gifts at an alarming rate. It comes as no surprise to large big b...
Bitten By The Liquidation Bug
Hi there, I’m sooo pleased with my purchase, I really like the way your guide is written as I really hate reading lol! My name is Casey and I currently reside in Australia. I am thinking of starting off small with cosmetics to sell online and a...
Purchasing Factory Closeouts
Another question from a faithful community member writes: Dear Robert, I met a guy other day who is involved in closeout business from china, India, Bangladesh etc. He told me he gets all closeout offers from different countries. He was reluctant to ...
WAHM Forum Discusion
The following post reviews a thread my wife was involved in from a forum called WAHM (Work at Home Mom). This is a great forum with thousands of posts about making money from home. My wife’s user ID on this forum is “Mrswahm” and you can re...
Being Creative With Wholesale Merchandise
While my little “Pip Squeak” was out with my wife last night Trick or Treating, I settled down to read a few emails and came across this one from Tracy. She is talking specifically about how to resell a lot of apparel she purchased from L...
Wholesale Dr Marten Boots Shoes
I spend hours online researching new suppliers of wholesale liquidation merchandise…sometimes I find great sources and other times I am left at a dead end. I have been researching wholesalers for years trying to find reputable sources for merch...
Wholesale Liquidation Update Surplus.net
We have talked about the Surplus.net website being down for sometime and the frustration this has caused many of you who use this resource to find wholesale liquidation merchandise. Well, the directory is back using a new url TheImasd.com, but to my ...
Sears Wholesale Liquidation Merchandise
Today I received an email from Alma who is new to purchasing wholesale pallets of merchandise. Alma has a question about reselling restrictions: “I’m new to the liquidation business, I am opening up a store, in which I have purchased a...
Wholesale Jewelry and Novelties
Where are we going to shine the Spotlight this week? I want to introduce you to a company called WholesaleJewelry.net based out of Bainbridge New York. This is a huge company owned by a fellow named Jerry Conklin. Jerry has been importing jewelry and...
Researching Liquidation.com Sellers
I have several questions to answer from a blog reader who purchased our guide this past week. Heather was kind enough to email and ask several very detailed questions and I am going to address each question in a blog post. Please read through the que...
B2B Buffet Of Wholesale Information
Most of you who are reading this article are involved in some aspect of product sourcing, reselling or maybe you are looking to start a business in the near future? Researching and staying connected with relevant B2B information should become one of ...
How to Purchase Retail Catalog Overstocks
Catalog retailers liquidate millions of dollars of unsold merchandise every year. You can purchase this inventory at incredible pricing, but you must be willing to negotiate and take large quantities of merchandise. In this audio post I will share my...
Delabeling and Reselling Agreements
It takes more than cash to purchase liquidation merchandise. You must agree to the original departments stores’ purchase agreement. This agreement will vary from store to store and you better read and fully understand the agreement you are abou...
What Happens To A Customer Returned Item
We are obsessed with buying stuff; a trip to the local Walmart will always include staple items, but we also end up purchasing merchandise on impulse. Don’t worry…we all do it on occasion. Sometimes this extra merchandise is justified and we...
Wholesale Liquidation Merchandise is not for the Meek
Do you have a weak stomach? If so, purchasing liquidation merchandise, specifically un-manifested merchandise, might not be the smartest move for your business. This warning reminds me of the signs posted at the front of the roller coaster lines, whi...
Temporary Post Used For Style Detection (093a83f4-6711-4fb8-ab04-51047dcb5b97)
This is a temporary post that was not deleted. Please delete this manually. (b218adb1-642f-4019-b1b1-5bb47961c4ff)...
General Liability Policy Required Before Purchasing
Another member of our community got in contact with me yesterday as she was reviewing the purchase agreement from a direct contact she was about to make a purchase from. All looked good until she came across the insurance requirement. This particula...
Starting a Liquidation Business
Honestly, the best part of what I do is answer questions from our blog readers and those that purchase our manual, Liquidation Secrets. I had an email come in from a woman who has many questions, as do most who are new to this idea of buying pallets ...
Learn How to Broker Liquidation Merchandise
Yeah, you have heard this before: Are you ready to make some real money in a real business? What do most think of when they hear this…Scam, right? Here is what made me successful, dropshipping or Brokering liquidation merchandise. Call it wha...
Getting Ready for Another Clothing Liquidation
We are having one of apparel liquidation sales this next weekend and to prepare I have purchased 7 pallets of customer returned and shelf pull apparel and apparel accessories. I bought 3 pallets of Softgoods from Sears, which is a combination of stor...
Source Closeouts By Becoming An Investigator
Many of our followers here at The Closeout Industry stick around to learn industry secrets to help source liquidated inventory. I am going to share one of my secrets today, but you cannot tell anyone! -Ok…that was dumb, but please put the follow...
What to Buy returns or Shelf Pulls?
Do you like to gamble, I do. It can be very exciting. My game of choice is roulette. I love sitting at the table with a pre-determined amount of money I have decided I can “gamble” with. I get caught up in the conversation with other players and,...
Pallets of Children’s Car Seats, High Chairs & Strollers
One reader emailed yesterday asking a few questions and offering a great compliment in reference to our book, Liquidation Secrets. I am going to address one of her specific questions today with this blog post. I would also encourage you to respond...
New eBay Seller Questions and Answers
The following is taken directly from an email we received after this person purchased our guide Liquidation Secrets. She emailed asking a few questions as we advertise to those who buy our guide that the purchase also includes “help after the p...
Reselling Low End Handbags and Purses
Handbags and purses have a high resell value, especially the higher end name brands. It really depends on how and where you are reselling, as some of the non-branded and average discount store handbags equally have a good sell-through value. Here are...
Why I excell in my business
I have been involved in the procurement of liquidation merchandise for the last 8-10 years. I have to admit that I was personally late jumping on the whole computer and internet wave. In fact, my first internet connected PC was purchased back in the ...
Gottschalks Another Big Box Bites The Dust
In reading the paper today it looks as though Fresno based big box retailer Gottschalks will face the same ending as Circuit City…Liquidation. It looks as though the winning bid for this chain came from a group of Heavy hitting liquidators includin...
Ordering A Pallet Of Customer returns
Are you ready to order your first pallet of liquidation merchandise? It is very exciting to think of the prospect of buying a pallet and digging through it to see what buried treasure might be found! But, having the money to purchase and orderi...
Holding A Retail Liquidation Sale - Event Sale
There is a very popular trend in the retail liquidation industry called “Warehouse” or “Event” sales. There is little doubt that you have had a couple of these types of sales in your home town by various retailers. Some will b...
Liquidation Secrets - Shelf Pull Clothing Facts
I received a phone call from an Ebay seller who was quick to explain how she lost $2,500.00 last week in a purchase of what she thought was Shelf Pull clothing. The clothing was grossly misrepresented by the Broker she purchased from. She was told th...
