If you are a new wholesale liquidation buyer you should make sure the pallet or truckload you are about to buy comes with a full manifest. A manifest is simply a written inventory showing you, the buyer, what you are buying. If a pallet or truckload is manifested you will  have a clear indication [...]

How many of you would like to resell electronics on eBay? I know when I got my start way back when I wanted to sell something I new a little about and had an interest in. I lost the fight to my wife and we started reselling apparel on eBay, but I still keep my [...]

Another question from a faithful community member writes:
Dear Robert,
I met a guy other day who is involved in closeout business from china, India, Bangladesh etc. He told me he gets all closeout offers from different countries. He was reluctant to give away the information,which is understandable. Can you please guide me as to how can [...]

Have you considered purchasing insurance salvage merchandise? This is inventory that has been involved in some type of insurance claim where a policy holder has been indemnified for a loss. Probably the most recognizable type of insurance salvage would be that of an automobile loss, where a car is involved in an auto accident and [...]

We are obsessed with buying stuff; a trip to the local Walmart will always include staple items, but we also end up purchasing merchandise on impulse. Don’t worry…we all do it on occasion. Sometimes this extra merchandise is justified and we’re glad to have finally broke down and bought that George Foreman grille, but [...]

Many of our followers here at The Closeout Industry stick around to learn industry secrets to help source liquidated inventory. I am going to share one of my secrets today, but you cannot tell anyone!  -Ok…that was dumb, but please put the following tip to good use:
Search for overstock and closeout inventory by calling [...]