The Liquidation Story
business is ALWAYS viable
not matter the state of the economy!
Liquidations! No, it’s not assassinations for sale! We are
talking about the business of locating overstocked, unwanted or
discontinued consumer products at a fraction of what it cost the
manufacturing company to make it.
Oh. How is
this possible? I’ll tell you. Lets start with how come the
liquidation business exist in the first place. There is well
60,000 Completed Consumer Manufacturing Companies in the Continental
By this I mean that these companies
make things like watches, leather goods, purses, gold and silver
jewelry, books, household appliances, sporting goods, canned foods
televisions, radios etc and they are all packaged and ready to be put
on a shelf in a retail store for sale.
Now, at times
and due to various reasons, too much of an item is made by
mistake. I am talking about one hundred thousand or a half a
million items too much. For example, products are made and
customer ordering them goes bankrupt before taking delivery and so on.
companies are then left with unwanted, discontinued or overstocked
items. Usually these items are unique to the customer they
them for. These unwanted products take up warehouse space,
the manufacturer vitally needs to store other products for active
customers. For this reason, the manufacturing
have a very high motivation to get rid of these products.
the manufacturing company will write the expenses of producing these
products off as a tax loss, so anything he/she can get for them is a
bonus of sorts. In the Liquidation business, the
companies normally sell these products to liquidation companies and
individuals for about 10 percent or less of the retail value or 30% of
the manufacturing cost.
Like any business, there are
pitfalls to watch out for! You can buy a manual for about
$300.00. Then spend another $100.00 on phone consultation and
just about the time you are about to spend more money, find out that
the products that you have been finding and sending off to the company
you bought the manual from, ARE NOT BEING SOLD. By
you wise up, you could be out $500.00 plus.
get through the pitfalls or find someone who has been through them,
there are bonuses! Yes – there is a bonus. The
business is exciting, interesting and very rewarding. In
the locating of products, you will be receiving a half a dozen sample
of each inventory you work with.
Three of these will
be sent on to the company you work with. These samples are
returned. However you still have 3 samples on hand.
you do with them is entirely up to you. You could send them
to other buyers you yourself have personally collected to see if they
are interested, give them away as presents or sell them. If
sell them, be sure to get your seller’s license! Most of all have fun
with it! Clifford Woods (email@example.com)