Sep
14th

Getting To Know your Wholesale Liquidator!



How do you know what company to buy from? The Internet is a non-stop source for continuous wholesale liquidation offers. I am a strong advocate for buying your wholesale merchandise from the direct source skipping the “Middleman” at all costs.

Having said that, here are a couple of reasons why buying from a wholesale liquidator might make sense for your business:

  1. Sometimes the “Direct Source” might be a third party liquidation company who owns an exclusive contract for re-distribution of closeouts and shelf pull merchandise from a particular retailer. So, for example, Jacobs Trading is the contracted liquidator for Walmart and Sam’s Club liquidation merchandise. If you want to buy returns from these two stores…You must go through Jacobs.
  2. Large, reputable liquidation companies will buy in huge quantities and then turn around and resell to you in smaller quantities. Let me explain: Not everyone can afford large initial purchases when starting a new business. Buying from a trusted liquidator allows you to make a smaller purchase to “Test the Waters” before investing in truckload quantities

The old adage, “If it sounds to good to be true, it probably is” should be closely followed in the world of wholesale liquidation merchandise. With a click of a mouse anyone can view countless websites offering endless amounts of wholesale merchandise for your new or existing retail business. There are several steps you can take to research liquidation companies before you make that first purchase. The worksheet below should be used as a guide to evaluate Internet wholesale companies who you are thinking of buying from. Please note the suggested steps will not guarantee a successful transaction. We have a list of questions you should pose and a suggested method of researching “public” knowledge, which will aid in your decision process. Obviously, if you learn how to “harvest” adverse company information you can then become more informed before offering your credit card for that initial purchase!

Remember, spending time researching a company can potentially save you thousands of dollars! Our worksheet is just a starting point, you should continue investigating and to be 100% safe I recommend you visit the company (in person) you are going to buy from. Spending $300 - $500 on plane ticket will certainly be a wise investment.


Investigating Worksheet



Apr
13th

Quicksell - Zaken Corporation Legit? You Decide




Back when I was brokering and warehousing merchandise I would receive at least 1-2 calls a weak from individuals who had bought into the Quicksell / Zaken Corporation. The callers would continuously ask about merchandise I had for sale. I recognized the calls because they all asked the same questions. Every call or inquiry would end the same. “I have a buyer for this merchandise, but I will need you to send a sample”.

It got to the point where I would say, “Are you working through the Quicksell program?”, if the answer was yes… I would hang up. I know this sounds rude, but in the beginning when I responded to all of the questions and sent samples….I never sold one item. It became a waste of my time to even talk with these individuals.

I have never studied the Quicksell closeout merchandise program, however the internet is filled with consumer complaints about this business opportunity. From what I have read I would stay far away. Take a look at The Zaken Corp–Legit or Scam? and www.complaints.com.

I thought it would be time to post about Quicksell as we did get an inquiry from an individual who bought into the Quicksell Business opportunity. This is a small portion of the comment we received last week:

“I’m not sure if this is the right place for this type of request or feedback, but I’m trying to find ways to learn about the liquidation business. My name is [Left Blank] and I bought into one of those internet businesses, that so far, is of course not working out the way they said it would. However With some time and research I have found that there is some money that can be made in this business.”

I responded back to this individual explaining that there is no need to “buy a program” to help you make money selling closeout excess merchandise. I offered a couple of tips to this person as I am always willing to help.

I would like to hear from others who have bought into this Quicksell or Zaken Coporation program…Good or Bad?