Archive for category Warehousing
As many people are aware, China is one of the world’s leading countries for manufacturing and supplying electronics. It is especially well known for its MP3 players, electronic gadgets, digital cameras, and many small electronic devices. Purchasing wholesale from Asia is very effective because of the ability to manufacture these products a lower cost and in larger quantities. Are you one of the many people in the retail business who has interest in being able to buy wholesale from Asia so you can make better profits? Wholesale contact lists are one of the things people use to find the Chinese suppliers of the products they want to source. You can find a large Chinese supplier’s list on websites like Alibaba and EC21. These are the two best known sites to find these lists.
However, when you visit these sites, you need to use caution. It is important to understand that when you use a wholesale contact list to do business, there is no guarantee to protect you if something should go wrong with the deal. All the wholesale contact list is designed to do is to provide you with the information you need so you can contact suppliers. These lists have nothing to do with any sales that may take place. While this may seem like a very small risk at first, it is important to understand that anyone can make sales through these lists. Due to the fact that there is no screening process to assure the people are legit, problems can easily arise.
As a matter of fact, even when a company appears to be legit, there are many times when it is not. Some of the wholesale suppliers you contact will actually be people acting as if they are a wholesale supplier. They are actually a retailer who are reselling products in a way that will make them a profit. Others you may contact are actually just a scam. They take your money and you have no way of getting any of it back. The problem lies in the fact that there is really no way of knowing who is a legit wholesaler and who is not. Every page is quite similar and many times the people who are running scams will use pictures that lead you to think they own large factories and large work forces.
Is there a way to protect your business when you buy wholesale from Asia? Unfortunately, there is nothing you can do which will completely keep your company safe. There is no way to know for absolute certain that the company you are dealing with is a genuine Chinese wholesale supplier. You can try to order a sample product, but even a scam artist may send you a quality sample in hope that you will order more and they will get more money out of you.
In other words, the best way to keep yourself safe is to simply not buy wholesale from Asia. In the United States you can find a great number of quality wholesale suppliers that can provide you with the products you want at a price lower than you may think.
Recently a centralized wholesale network has been developed which allows you to research wholesale products from thousands of genuine wholesale suppliers. This allows you to get the best features and prices for the products you want to source. Using this service you usually have tho option of drop shipping services, closeouts, liquidations, and overstocks. All of these will help you save money and make a bigger profit. It would be in the best interest of your business if you checked into this option prior to deciding to buy wholesale from Asia.
While most people begin their career in sales online by searching for major brand labels like Prada and Louis Vuitton to sell, others understand that there are so many others that could carry just as much profit; this includes such brand labels as the huge Disney corporation.
Not surprisingly, Disney’s magic is something that has captured the entire world, and it would prove difficult to find someone who doesn’t like or recognize Disney characters. If you are able to manage sourcing wholesale Disney products, you could really make a profit on their prosperity and fame by selling their items to shoppers who always want to buy from Disney.
Initially, you need to be aware of the fact that the wholesale Disney products you buy are all protected under strict copyright laws, thus denoting that one must possess a valid license in order to replicate any product; without one, you would be infringing upon those laws. Therefore, when you make a purchase of wholesale Disney inventory, double check to see that the products are not cheap reproductions and that they are all officially licensed. Reliable wholesale vendors deal exclusively in licensed products, so your best bet would be to conduct business with one of these. The majority of people are duped into buying counterfeit products from overseas, particularly from the Asian markets in which there are no copyright laws. By purchasing items from those regions, importing them is a violation of copyright laws and can land you with some serious consequences.
There are not a lot of wholesale vendors that offer officially licensed Disney products, but as soon as you find one that does, you’ll be ready to rake in the big bucks. The wholesale vendor you locate can provide a vast range of wholesale Disney products, such as bags, school items, sleepwear, apparel and other accessories. You can count on the fact that these wholesale Disney products always feature the most popular children’s characters there are, so you will be able to make a lot of money.
There are some wholesale providers that additionally offer drop shipping services, which will ship out all of your wholesale Disney orders straight to your customer. If you sell merchandise from the Internet, you will save so much money (as well as time) since you will never be required to gather, store, pack or send your customers’ orders to them - all of this is done for you.
Something else to look into would be whether or not your supplier can get a hold of any wholesale Disney products by way of liquidations, overstocks or closeouts. What this means is that you would be capable of buying your Disney items at much lower prices, in turn enabling you to make more money overall. There are several popular wholesale Disney products you should watch for, which are Hannah Montana and High School Musical. Both of these brands are very hot sellers and will do well in conjunction with the customary Mickey and Minnie Mouse wholesale Disney products that you sell.
Are you aware that people will continue to spend money on their pets no matter the condition of the economy? People love their animals so much that they will forgo something for themselves in order to purchase items for their pets. If your business is retail, sourcing liquidation pet supplies for resale to these committed pet owners is a legitimate business opportunity. Liquidation pet supplies are more easily obtained that you probably realize. A viable starting point is to locate a wholesale supplier that carries a full array of general merchandise. Normally, you will see a considerable amount of pet supplies among this general merchandise. Liquidations are not certain events, so liquidation pet supplies cannot be expected in stock, but everything that is considered liquidated stock will be visible and the very low prices will indicate that these goods are what you are looking for.
When sourcing these items, it should be noted that concentrating on dogs and cats is not recommended, as there are numerous people who are just as crazy about their pet birds and fish and it is simple to locate and sell supplies in these areas, too.
After you have found the wholesale liquidation pet supplies that you need, where do you go from there? First, you should determine where they will be sold. The choices could be selling online, in a retail store, through a catalog, or at a flea market; it’s simply up to you. The next decision you should make is to define your pricing strategy, whether to price high or to price low, with the resultant sales requirements to achieve your target profit. Whichever way you go is acceptable, the most important thing is that you have knowledge of your target market. That is, a higher price point will court more affluent customers, so your products must be of good quality and geared to that market. Since liquidation pet supplies will be composed of both high and low end items, the excitement of liquidations comes from not knowing what will be available at any given time. It is the same situation with overstocks and closeouts, so if you are interested in knowing exactly which products you will have for sale, you would be better served to use the standard wholesale sourcing. There are wholesalers to be found who provide a drop shipping service which will ship your sales straight to your customers. The advantage of this arrangement is that you do not need storage space, which is particularly advantageous if the liquidation pet supplies you are marketing are bulky, such as dog kennels. Usually, a fee will be charged to drop ship, but you will just pass this along to your customer.
Your research into sourcing liquidation pet supplies will show that this is a lucrative market to serve since people are forever spending their money on their pets.
Kids love anything Disney, and if you know kids, whether they’re yours or they belong to somebody else, you are aware of this. They have grown up with Disney movies, cartoons, and the Disney channel on television. The branding is very well known, and it is an effective marketing strategy. How is it possible for someone to benefit from the profitable Disney domain? One answer to this question is to find a wholesale source and begin marketing Disney kids’ clothing. The market for Disney kids’ clothing is enormous! If you have ever visited a Disney theme park or been inside a Disney store, you have seen the huge selection of Disney clothing that is available, and nearly every kid wants some piece of clothing emblazoned with the Disney personality they love.
There are wholesale suppliers that have large selections of authentic Disney kids’ clothing, and you can benefit from these low-cost sources. Sourcing from a wholesaler gives you the opportunity to buy stock in bulk at wholesale prices, and you will be able to obtain all of the products that children want, such as those from High School Musical and Mickey Mouse. The real advantage here is that these products are high quality, authentic Disney products; however, you will be able to purchase these items at prices far below those available at Disney outlets.
Some caution must be exercised when you begin to source Disney kids clothing from online wholesalers. A lot of foreign suppliers that operate from countries that do not have copyright regulations will offer Disney products at low, low prices. Be aware of the fact that the products they offer are not authentic (licensed), and if you are caught purchasing these items and selling them, you could be subject to criminal prosecution for copyright infringement. That is not the only issue with these items; they are often poor knock-offs, and the quality of the products and the reproduction of the Disney characters may be significantly flawed. Consequently, it is much wiser to purchase your goods from a supplier in the U.S. that offers licensed Disney products with accurate renditions of Minnie Mouse and Hannah Montana.
It could be that the wholesaler offering official Disney kids clothing may have sources such as liquidations, closeouts, and overstocks. If the original retailer has had to close due to financial issues, the wholesalers obtain these items at cut rates, and you can source these wholesale items for even better prices.
If you retail items on the internet, ask the wholesale source you deal with about arranging for drop shipping. This service is provided by many wholesale sources, and you will not have to store your merchandise; the wholesaler will stock and drop ship the merchandise to the customer directly. If your retail business is not yet established, and funds are in short supply, this is a good option, as you won’t have to pay the wholesale source until the merchandise is sold and you are paid by your customers. This system benefits everyone involved, and the sale of Disney kids clothing in this manner is sure to be profitable.
It is true that you can find wonderful deals by shopping a Costco. However, did you know the the bargains are even better if you shop at a Costco liquidator? Most people don’t even realize that Costco would use liquidators, let alone use them on a regular basis. These people believe that a business a big as Costco wholesale would be able to use their distribution channels to handle all their closeouts, overstocks, and liquidations.
What is the process a Costco liquidator uses? Each Costco liquidator works on a store by store basis. With the large distribution network Costco wholesale has, it is too much trouble to return overstocked items back to their warehouses. Costco liquidators come in to help with this problem.
With Costco being such a large store, there are times when they have overstocked products due to a lesser demand than was projected or do to the demand in one geographic area being lower than that in another. Having projections for products that are not accurate causes Costco to be left with products that did not sell and must be gotten rid of. With this in mind, each Costco store has made a contract with a liquidator. Sometimes an individual liquidator will have contracts with more than one Costco store, in order to have a supple supply of product. Costco needs to find a way to get rid of any overstocks so that they can use the shelf and floor space, taken up by these, for products that are in projected to sell, In order to keep prices low, Costco has to ensure that products being sold have a high turnover and make a good profit from their large volume of customers.
In order to help Costco get rid of the overstocks, the Costco liquidator buys the products from the store in bulk. They are able to get the products at a very low price and will often purchase more than one type of product during each bulk purchase. Once the items are removed from Costco, they are marked as liquidations. Most times this is a small mark beside the barcode or serial number. It is used to prevent people from trying to return any liquidated item to Costco to get a refund.
After the liquidated stock has been marked, Costco liquidators can make customers aware of the stocks availability. Sometime liquidators will offer drop shipping services for individual purposes, or they may sell the liquidations in bulk. As a retailer, it is you who has to make the decision as to which method will work for you. You decide this based on where and how you are going to be selling your items.
For those retailers selling online or through catalogs, it is a good idea to let Costco liquidator’s drop ship the products to your customers. Doing this eliminates the need for you to store or keep track of stock and allows you to sell a larger variety of products. For those selling out of a land based store, you are better off purchasing your product in bulk from your Costco liquidator. This will allow you to have stock available for your customers to purchase and immediately take home. In order to benefit from the lower prices and greater options, research to find out if your wholesale source has Costco liquidated stock.
Ask and receive; it might be as simple as that for many businesses to land a contract with Costco. It is fundamental to smart business practice, and retail giant Costco relies on savvy go-getters to contact it with proposals as it decides with whom to conduct business.
That’s how many liquidation wholesale suppliers take in Costco’s overstock and customer returns liquidations. Two different things, but the smart small retailer will know the secret to working with both.
Costco has two forms of unwanted merchandise. The first is overstock, or having more of a product in stock than is being sold in an area. The second is customer returns liquidations, or the merchandise that customers return to the store as damaged or unwanted. A wholesale liquidator might take either or both types of unwanted merchandise through a contract with Costco.
Customer returns liquidations are less expensive to take than overstock for a wholesale liquidator. That’s because as a rule, returns could be damaged or otherwise more difficult to sell while overstocks are most likely in pristine condition.
Don’t be fooled into thinking that it’s as easy as picking up the phone, scoring a liquidations contract with Costco and bypassing wholesale liquidators. Having a contract with Costco and taking on its unwanted merchandise requires a retailer to have plenty of cash on hand and a significant amount of storage space. Garden equipment, large outdoor toys and home entertainment products aren’t the types of merchandise the average retailer can stock in a storefront or in a stockroom.
Instead, it’s best to work in conjunction with a wholesale liquidator. The wholesale liquidator not only scores the contract with Costco, it stores the merchandise and lets a small retailer know what merchandise is available ahead of time; in a word, you pick and choose.
Wholesale liquidators could be the secret to success for small retailers and home business owners; liquidators contract with Costco, process the merchandise, store it and still sell it to you for cheap.
Are you aware that the Costco Newsletter contains a number of items that are available at reduced prices during specified periods within a year? Savvy shoppers know the Costco Newsletter gives them better prices on merchandise and have signed up for the Costco Newsletter which they receive through email. Retailers like you can use the Costco Newsletter as a guideline to help you analyze the shopping choices and spending habits of your targeted customers
What can you do against a competitor like Costco who is able to its goods at reduced prices? Wholesalers offer retailers the same opportunity to purchase their goods at the identical prices given to large stores like Costco, which works to your advantage.
The drawback of the lower prices of items offered in the Costco newsletter is based upon the fact the purchaser must buy a large quantity of a specific product to receive the lower cost, and the majority of people don’t have the means to do so. In order to keep the cost of the product within their spending range, many consumers elect to pay a little bit more money.
Another good reason to buy your goods through Costco is that a lot of the merchandise it offers comes from stores going out of business or who are selling overstock items. Before large retailers can receive new merchandise, they must move the older, unsold goods from their shelves to wholesalers with whom they have agreements. The liquidators are able to sell the goods at a lesser cost to their wholesalers due to their ability to buy the surplus merchandise at an exceedingly low price.
You could possibly compete by selling items under the prices listed in the Costco newsletter if you were able to locate excess merchandise and purchase it below cost. Web-based and catalog businesses do not have the same physical constraints as a store; therefore, they are less apt to be faced with surplus merchandise because their consumers are not concentrated in one specific region.
The Costco Return Scam is a concern that must be addressed. Too many people decide they don’t desire the item as much as they thought, or will buy something for one-time use and take it back to Costco. The Costco return scam is widespread as customers take advantage of Costco’s commitment to customer service, which results in the items being sold to liquidators at ridiculously low prices. You can take advantage of the lower cost of products your wholesaler may have purchased that were components in a Costco return scam if you sell used items or refinish others before offering them for sale.
No matter what your business, you have the power to compete with well-known brands and to give your consumers a superior shopping experience. It’s quite possible the Costco newsletter could be overshadowed with the appearance of your specials catalog in your customers’ mailboxes.
If you might be a person looking to start a business in a retail field of some sort it might be beneficial to your business to locating an abandoned inventory warehouse to obtain some of the products. While it can be a new way of thinking those who know whats going on are using this secret to make big profits.
Much like a liquidator, an abandoned inventory warehouses obtain their inventory cheaply from other businesses that have become bankrupt to resell them under wholesale pricing. If you are a beginner just starting out this can be a great way to get some inventory at a low price to resell and make a good starting profit.
When you end up searching for an abandoned inventory warehouse, it can be easier to research a liquidator or wholesale supplier. Because of this they mostly deal in items such as these, and with big companies having more buying power you will get the best deals out there.
Just like when you go to start doing business with a wholesale supplier, you need to research the company to make sure it is a legit. Usually all you have to do is call their phone number and seeing if someone actually answers. Doing this allows you to know whether or not this person is a scam artist or a legit company.
Because there are so many various products available abandoned inventory warehouses end up being a great way to source products for whatever your retail business may be. Also you need to be careful when dealing with abandoned products, there is usually no real way to tell how many are there and how long they will remain, so it’s best to buy as many as you believe you can end up selling, because once you return they may not be there anymore.
However in these inventories you should see everything from all kinds of brand name automotive goods, clothing, infomercial items, hand bags, and even shoes. And also near all the items will be much below the normal cost due to the fact they were purchased from a bulk liquidation.
One thing to be careful of in this method when drop shipping is that you will sell an item and the wholesaler will not have a single one left. The best way to protect against this would be to have a service which will connect directly to the wholesale suppliers inventory, but not many companies have this type of technology readily available. But if you are one of the lucky few who get this service it will do amazing things for your profit.
But with whatever you end up doing, you should know that reselling items from abandoned inventory warehouses is an amazing way to participate in business. Even if your product line isn’t the more consistent customers will recognize that you have great low prices on good items. It doesn’t matter if you are selling it on the internet or going to a flea market, or even a retail store, your wholesale products will sell well.
Thousands of items are sorted through by wholesalers every year. Often times, these items are shipped in bulk and wholesale companies must sort through the items before they can sell it. Controlling inventory is crucial to maintaining a profit when wholesalers process these products. How can wholesalers manage inventory control with speed and accuracy?
They can use a manual system. Some of the smaller warehouses still use manual systems to input their inventory. Wholesalers dealing with a small quantity of large items would benefit from this manual method. Companies that use hand count and packing sheet systems will still enter their data into a computer. Long hours are needed to maintain the data and search for possible errors.
Bar code Systems are another option. Bar code systems use printed bar codes and infrared scanners to input inventory, and they are very affordable for small and medium wholesalers. Systems usually come with software and a scanner and can run as low as $500 to $1000. If you have several employees inputting data, additional scanners will be a worthwhile expense. Laser printers are the best way to print bar codes, and are unfortunately more expensive to maintain than an ink jet printer, putting this system at a slight disadvantage. Moisture or poor handling procedures may also damage bar codes and make it difficult to ship products.
You could look at radio frequency identification systems. Tags embedded with an integrated circuit, contain information about items, and make radio frequency identification systems, or RFIDs worth looking into. As a product comes within range, a decoder or antenna processes the information and sends it to a computer to process. Large wholesalers would benefit most from this hands free system, because the tags will hold up better than a bar code will. RFID tags are also able to hold a large amount of information about a product as opposed to the bar code’s minuscule storage capabilities. Products can even be processed by decoders or antennas placed in doorways, to minimize the number of employees needed.
Wholesalers depend largely on inventory control. Important customer issues revolve around storage times, available quantity, and the condition of the product. Catalogs and websites are the most common method of sales for wholesalers. Without a computer system to help identify items quickly, finding an item amongst hundreds in a large warehouse is difficult at best. Similar items pulled by workers can often lead to mistakes that can be avoided by computerized systems. Take careful steps to weigh start up costs with any maintenance costs you may face before purchasing an inventory control system. Once you have made your decision, you will enjoy letting the computer do the hard work for you.
With the use of the Internet, and the great tools that are available today, we can get information much easier and faster than ever before, and there are tons of resources out there to assist in discovering low cost liquidation sale items. A few of the products we will be concentrating on in this article, are finding clothing, jewelry, and furniture.
For many, the idea that they can purchase items in bulk or small lots, is unknown to them. Think about being able to purchase terrific deals at liquidation prices. It is a lot less difficult than it appears.
First, we need to learn some about bargain hunting via the web. Thousands of companies exist that need to get rid of products that are overstocked, as well as companies that only specialize in liquidation sales. To start, go to Google in a new window, and do some easy searches to find some bargains. Now type in the search term “liquidation sale.” You will get a huge number of websites that specialize in giving Internet shoppers cost- cutting, outstanding deals. Websites that you come across may specialize in bulk, and others in smaller lots of items.
For another terrific way to find wholesale products, use the items you are interested in to search. Here are some recommended terms that can be used.
From research, “liquidation furniture sale” using Google and other serch engines, will get great results. Here are some like terms to try- “liquidation furniture sale”, “liquidation jewelry sale”, and “liquidation clothing sale.”
There are tons of outstanding deals to be found, as you search through the results. Although it is time consuming, by doing this now, it will be much easier the next time you are on the hunt for discounts.
Finding liquidation company lists, and things like that, are other fantastic ways to shop.
Almost all of the companies that offer items in this area, are trying very hard to sell products quickly, so they can have more money for purchasing newer items. Lots of these companies have extra inventory in huge warehouses, just sitting there, waiting to be purchased.
Be careful however, since most of these companies have terms and agreements that need to be read over before you decide to do business with them. This is because lots of liquidation products that you purchase, run the risk of being damaged or unusable. Many times, you can go to the warehouses of companies that you discover online, to look at their offerings before you buy anything. You can really do a lot to protect yourself from losing great deals of money.
Be wary, and take your time, when searching for the best deals, so that you make a wise decision. For the best security, you should choose a company that has a telephone number with customer support, and have been around a long time on the Internet.