New Liquidation Buyer Emails
Hey, I love this stuff! I get emails everyday from loyal readers of our blog. I spend a great deal of time responding and a few I feel are worth making public…………..
Hello- I bought your guide, Wholesale Liquidations Exposed, a few days ago and have found the information inside to be very helpful. I am very interested in selling liquidation products on eBay and at flea markets. I would like to ask you a few questions if you don’t mind answering. A brief introduction about myself: I am a 27 year old male who lives in Concord, CA, which is about half an hour North of San Francisco city. I have been selling on eBay over the past 3 years selling all kinds of products.
I have been very interested in buying pallets and truckloads of liquidation products for about 2 years, but have never had the courage to do it. Honestly I’ve been reading lots of material regarding this industry and I am somewhat ready to commit to my first purchase. To avoid costly mistakes in the beginning, I really need some kind of guidance from someone experienced in the industry. Based on the information in your book and blog, you seem to be an expert in this field. Therefore, do you mind if I ask you some questions via telephone or email? I really need your help and really appreciate if you would pass on some advices or suggestions.
To be honest, I’m still not exactly sure of what I’d like to buy for my first purchase. I intend to auction the best products on the pallets on eBay and sell the rest at flea markets. There are plenty flea markets in the Bay Area. My plan is to have booths at each one of these places. I’m trying to minimize any risks at the beginning of my journey into this industry, and please trust that I’m not one of those people who have get-rich-quick motivations. I’m fully aware that it would take very hard works and dedication to succeed in this field, and I only intend to do so.
Hello, I am really glad you found our guide and this blog to be helpful. I will be honest and tell you that buying a reselling liquidation merchandise is a lot of work. It requires determination and a bit of creativity. Both my wife and I love the work as we find it a challenge; no two loads are similar.
I think the best advice for someone who is new is to (1) take your time and really put some thought into what it is you want to resell and (2) buy at the lowest price point possible. You mentioned you are in Concord, Ca?
I can tell you that Sears has a warehouse or hub in Woodland, Ca where they ship out truckloads of customer returns. This is where most of my loads come from. We buy a load called Hardware, which consists of several categories of customer returns including: Small Household items, tools, outdoor furniture, personal care items and a couple of large appliances per truckload. Every load we buy is different; some are damage laden, while others are what we call “diamonds”.
Because we buy multiple loads consecutively (12-24 pallets at a time), we are able absorb the heavier damaged items by “mixing and matching” pieces from load to load. Let me try to explain it this way: If you buy 12-24 pallets you might, for example, receive a total of 20 coffee pots. Not all will be in perfect working order; some will be missing pieces and or broken altogether. Because you have a total of 20, you can mix and match pieces to make as many complete units as possible. This is really where the work comes into play.
We take this category of Hardware and sell the larger stuff at retail liquidation sales and the smaller stuff on eBay. For example, in these loads we routinely get garage door remotes and electric shavers that sell really well on ebay, but not through our retail sales. Over time you will know how to sort each load making a pile for eBay and a separate pile for the flea market. Call me crazy, but this is the fun part!
Again, thanks for reading our blog and buying our guide! Should you have further questions please email. I would love to hear from you once you buy your first few pallets! Good luck!