Make money as a liquidator

Make money as a liquidator

Posted: ArtemChertov Date: 26.06.2017
make money as a liquidator

Inventory Management 35 comments. Today was one of those days, where I am reminded exactly why I love buying liquidation!

Over the years, we have made some contacts in the liquidation industry and every once in awhile having them has paid off big time. I would like to share a story with you about the purchase we made today. On Monday, our normal shopping day, we decided to go deep on a sunscreen load that our test packs had done well on. Even though I had not talked to the store owner at this particular store in a while I decided, what the heck, and just called him up.

As well as more of the sunscreen mentioned above. So, we thanked them for showing us the higher end stuff and went back to dig for some treasures in the warehouse!

There were a few items that they had in case lots that were exactly what we were looking for. After we showed them all of the items we were interested in, we talked prices and then counted up quantities for each item. One of the cool things is that these people know we are buying to resale.

make money as a liquidator

There is no hiding the scanner, or acting like we are buying for whatever reason. Just straight up, wheeling and dealing, so that we both come out ahead. For them, it is a quick sell, getting them money to reinvest into new product. When we buy of something, it is instant return. If they put it on their store shelf, it could take months for that same item to sell out.

make money as a liquidator

For us, it means not having to remove stickers from hundreds of items. Only having to list a few unique SKUs , keeping our total number low like we like. All of the ranks are in health and beauty. My comfort zone for that category is , We spent an hour and a half at the warehouse, and an hour driving. We will have 2 helpers packing the items for FBA and it should take 3 hours. It is trips like this that are just the icing on the cake.

We find most of our inventory from liquidation stores, just with smaller purchases at a time. As always, thank you so much for reading my blog!

I love sharing my journey with you and enjoy interacting with you. If you have any questions or comments, please comment below. Congrats on such a great score! I cannot sell OTC meds due to my insurance restrictions. Jessica, I went to my first salvage grocery store yesterday and found a few things, but almost everything for sale was expired. Is this a hit or miss issue, or have you found some stores just better than others?

A lot of the items we come across are expired, but with some digging we can find sellable items. I googled for them, but keep coming up with ecommerce sites, so not sure how to find them. But will keep looking. I am looking for things that look basic, like a regular brand of lotion st ives for example.

Buying Liquidation To Sell On Amazon FBA - Turning $ Into $ - The Selling Family

But, something that has gone up in value because of an outside factor. Usually when someone is trying to show us things we could sell, they are picking things that are considered an expensive or exclusive brand.

How to Make Money from Customer Returns and Reduce Risks - DirectLiquidation

Thinking it will have the best value. How do you package your sets of 2 — do you use poly-bags, use a bag and seal the end — do you have a special package for your sets? We use poly bags the most. I buy the self sealing ones from Uline. I did a you tube video on the different methods available. That is an incredible deal Jessica! And I will be following up with an email today, as we chatted about on Twitter.

Just watched the video. Also where do you get the giant roll of plastic for your heat sealer? I got the do not separate stickers from eBay and the rest from Amazon. I would like to get this information on what and where to get the stuff needed to pack and ship the goods to be sold on Amazon. Hey, I love your information in the SAMS series and will be purchasing your book through dollar moves very soon.

Keep the info coming!! When you purchase in high quantity I am assuming that you do not send the entire amount into Amazon all at one time. Was looking at getting Liquid Gold and it was asking for a code?

Hoping in next year to add my hubby without hurting without his income or mine…. How long does it typically take to sell out. If you purchased units of a product that ranked , what is the turn around time to sell out?

Thanks for all of your advice. You mention your comfort zone for beauty is , Do you have a list for each category and your comfort zone? Jessica hi, Could this business model be implemented from outside the US?

I am currently living in a foreign country and found your biz very intriguing Thanks. Yes it can be implemented outside the US. In our Boot Camp Facebook group we have UK and Canadian sellers as well. I purchased your Liquidation Gold ebook and am going through it.

Hi Connie, Yes we have found tons of products in the home and kitchen category along with multiple other categories. I am having problems with which items will not be categorized as hazmat and returned by amazon.

The medicines and lotions that you listed…how do you know if they are hazmat? Greetings from the Windy City! Thank you so much for putting together this blog post. I found you guys on SPI episode You are saving people so much time and money by sharing your experiences…including myself.

How do you find the total products sold in the top level categories? Stay awesome and I hope to hear from you soon. Your email address will not be published. Sue on June 12, at 4: Beth on June 12, at 5: Jessica on June 12, at 9: Charlene Anderson on June 12, at 6: Thanks for sharing your score! Rhonda on June 12, at 7: It took us over a year to find one. Have you tried asking around locally? Maryellen Smith on June 12, at 9: Tracy on June 12, at Jessica on June 12, at Sicorra on June 12, at Glad you are enjoying the blog Sicorra!

Jessica on June 14, at Jim Nicholson on March 31, at 2: Sierra on June 18, at 4: Michael on June 23, at 7: Jessica on July 2, at We just send in some to test. I usually try to get a months worth in at a time. Dre on April 8, at 2: What do you consider to be a months worth of quantity to send in at a time?

The Selling Family on April 9, at 8: Hello, on an average month we send in anywhere from items. Not all the same SKU. Vicky Schulte on September 12, at 8: I wanted to find out what scanner and software you are using.

Hoping in next year to add my hubby without hurting without his income or mine… Reply. Jessica Larrew on March 13, at 9: Christine on May 23, at Nir on October 28, at I am currently living in a foreign country and found your biz very intriguing Thanks Reply. The Selling Family on January 5, at 9: Judy on March 31, at 2: Connie on March 31, at 3: The Selling Family on April 3, at 5: Sher on April 10, at Great info… as always! Thanks so much for sharing, Jessica. Sandra on April 14, at Thank you, Sandra Reply.

Sean Smith on April 29, at Sun on July 31, at The Selling Family on August 3, at 5: Hi Sun, you are welcome, thanks for reading! Submit a Comment Cancel reply Your email address will not be published.

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