Popular Searches: clothing, electronics, jewelry, accessories, purses, gifts, general merchandise, apparel, fashion jewelry, handbags, liquidation, wholesale, dropshipper

goWholesale Forums » Wholesale Buyers » General Chat

First Trip to Liquidators

7 posts

  1. notsosure

    Joined: April 2004
    Posts: 5

    I finally visited two reputable liquidators in Los Angeles area after spending last 3 months grabing any knowledge I could get from experts such as cxm322 in this forum. The experience is very discouraging. Most stuff (90%) look like having no resale values. Some look O.K. but you just can't pull the trigger to buy since there no guarantee on the product conditions whatsoever. I understand you have to play by percentage hoping you can salvage enough good stuff from piles of junks. The odd doesn't look good to me. I can see why experienced people quited doing it. But what is the alternative if all you can play with just a couple thousand dollars
    Posted 5 years ago  |  Login or Register to Reply

  2. marty

    Joined: June 2004
    Posts: 2

    Dont even mess with liquidators most are a scam.Most of the products will
    not sell and if they do the profit margins are so thin you are wasting your
    time.
    Posted 5 years ago  |  Login or Register to Reply

  3. aroma-bargains

    Joined: September 2003
    Posts: 435

    Well this is what you get mostly with liquidators... stuff thats best for a dollar store, or its just gonna be shuffled from place to place forever and being a burden on whoever gets it next.

    Most major retailers have all the merchandise sent to there own outlet stores or big time liquidator customers (Ross, TJ Max, Marshals, Etc) who get the best stuff. The leftovers are then given to smaller liquidators and this is where junk comes in.
    Posted 5 years ago  |  Login or Register to Reply

  4. iverson9999

    Joined: February 2004
    Posts: 123

    Liquidation is basically a gamble. You are hoping that you can find some thing in the pile of junk that can be resold for a nice profit but there are no guarantees and if you dont find anything you are just stuck with a pile of junk. Like aroma bargains said most of the good liquidatin stock gets sent to the big companies. If your not completely set on liquidation I would stay away. Im sure there are people out there who make money liquidating but from what I see liquidation isnt for the small guy.
    Posted 5 years ago  |  Login or Register to Reply

  5. saraj

    Joined: June 2004
    Posts: 6

    I buy liquidation all the time and do great with it, guess it must be you guys. Bought two homes and sent my daughter to college.
    I guess it is a women’s world.
    Posted 5 years ago  |  Login or Register to Reply

  6. gvod

    Joined: January 2004
    Posts: 170

    Notsosure,
    Since you are from California you should have ample resources for some of the best surplus stuff available, IF you keep searching. There are several dealers out there with good reputations, and you should visit all you can to find your best deal. As always, buy on the spot, load, and leave so you know you're getting exactly the pallets you picked out. I know of about 8-10 companies out there that you can try, so don't give up quite yet. Check them all out before purchasing or giving up. Good luck.
    Posted 5 years ago  |  Login or Register to Reply

  7. cxm322

    Joined: December 2003
    Posts: 1,167

    SaraJ wrote:I buy liquidation all the time and do great with it, guess it must be you guys. Bought two homes and sent my daughter to college.
    I guess it is a women’s world.


    Good for you, but no one said there is no good surplus or dealers out there. Just saying that for th emost part, it is way easier to find a cooked liquidator or broker than it is to find a legit one, especially if you search for them on the interenet.
    Posted 5 years ago  |  Login or Register to Reply

RSS feed for this topic

Topic Closed

This topic has been closed to new replies.