What is closeout merchandise? Closeout merchandise can be a source for huge profits for your online business, store or flea market venture. We have known a few successful people who have actually started live auctions selling closeout merchandise!

Ok, what is closeout merchandise? Closeouts can define many types of inventories including overstock, shelf pull, excess, canceled orders, unclaimed order, overruns and customer returned items. We are talking way below wholesale pricing with enough room for healthy margins. Forget wholesale, we are talking pennies on the dollar.

My experience in the closeout industry goes way back. I have bought and sold truckloads of merchandise all across the the United States and have helped many exporters transfer our excess to other Countries. I have been interviewed by many internet directories and have written articles for surplus and closeout websites. I have knowledge in this industry that I am willing to pass on to anyone willing to learn.