In our next article we will discuss how liquidation merchandise can benefit you. While the industry has seen rapid growth over the last 5 years, there is still much more growth projected over the next 5 years as more consumers are expected to look at secondary channels in greater numbers. The growth of social media platforms such as Facebook and Instagram have also greatly contributed to the growth of the secondary channel markets. The demand for the merchandise has grown exponentially as more savvy consumers are turning to secondary channels as a way to save money on products they buy. They can include stay at home moms, retirees, college students, or anyone looking to start a business with a small capital investment. Liquidation resellers come from many different walks of life. Resellers also use virtual marketplaces such as eBay, Amazon, Facebook Marketplace, Instagram, Offer Up, Craigslist and many more to sell liquidation merchandise. Each pallet may contain an assortment of items, (usually grouped together by size or merchandise type) such as, apparel, housewares, tools, electronics and much more.įlea markets, auctions, yard sales, discount bargain stores, thrift stores, and other outlets sell vast amounts of secondary channel goods. You can buy these pallets from any liquidator or big retailer. The extra merchandise is often sold as whole pallets called liquidation pallets. Entrepreneurs and small business owners have taken advantage of this reduced-priced inventory to start their own resale business. These items recovered from liquidated businesses are referred to as liquidation stock.
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