For anyone running an online selling business, sourcing products at below wholesale prices can prove very profitable. Below wholesale products are basically items or goods sold at unit prices far below their original wholesale values. Overstocks, surplus inventories, clearance items, closeout and liquidation lots are all considered below wholesale merchandise. In fact, many online retailers and real-world sellers utilize this type of business strategy quite successfully.
Why Should You Sell Below Merchandise Products? sell your business
Selling below wholesale items allows you to price your product line-up more competitively. They also allow you to increase your profit margins. Buyers can choose from a wide-range of products and goods. Obviously, buyers can enjoy reduced sourcing costs for obtaining these kinds of items. Below wholesale products are great items to resell on eBay or to put on your own e-commerce website.
Where Can You Find Below Wholesale Items?
Listed below are some excellent sources of below wholesale merchandise. Just a tip: Most of these sources prefer to deal with a business, not an ordinary consumer. Having your reseller’s license and other business paperwork available will be necessary.
Thrift Stores – Here you can get items at rock-bottom prices. Most of these stores hold bargain or B.O.G.O (Buy One Get One) sales frequently. Thrift stores generally want to make profits by selling bulk merchandise quickly.
Closeout Sales/ Liquidators – Getting in touch with liquidators are another great way to have access to below wholesale items. Closeout sales can yield unbelievably low-priced items for your business. What’s more, most of these items are still in pristine condition.
Bazaars, Flea Markets and Garage Sales – Bazaars and flea markets are a great source of cheap and/or one-of-a-kind finds. You may find items here that may be highly sellable on the Internet. Garage sales should not be ignored either. Haggling skills are essential!
Consignment Shops/ Pawn Brokers – Try to establish business connections with pawnshops/ consignment shop owners. They can give access to high-value items for very reasonable prices.