Wholesale 101
Liquidations, Store Returns, Salvage: What Percentage of Damage Should I Expect?
The amount of damaged items in a lot depends on two main factors:1. What wholesale supplier you buy through. I cannot express how important this is. ALL WHOLESALERS ARE NOT EQUAL! We are each our own, independent business and every wholesaler is completely different! I will explain more about this shortly. 2. What TYPE of wholesale you are buying. There’s 5 main Types of Wholesale and each type has different volumes of imperfect pieces; Traditional Wholesale, Overstocks, Liquidations, Store R
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14th Nov 2020
How Wholesale, Liquidations and Store Returns Work
Wondering how wholesale works or where liquidations come from? Here's a super simple picture guide for you! Let's begin!Merchandise is produced in a factoryThe factory usually doesn't sell merchandise directly, so they hire someone to sell it for them. This is a "Distributor"The distributor gets the factories merchandise into stores. The merchandise is sold to stores at wholesale prices so the store can sell it and make a profit. The merchandise is usually sold in cases or "cas
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9th Mar 2020