The Best Liquidation Stock Deals for Wholesale Appliances Wholesale appliances is one of those trading niches that can bring significant margins to resellers, distributors and retailers who decide to go into buying and selling these types of consumer goods. Liquidation stock deals can sometimes offer margins of up to 50% off RRP for stock lots of brand new and refurbished wholesale appliances. Compared with consumer electronics, where liquidation stock deals rarely offer resellers 5% margins, profit on buying wholesale appliances and reselling them to retailers or distributors can go up to 20% of RRP depending on the type of goods and category of products (from blenders to microwave ovens and fridges, the commercial value and margins on domestic appliances vary a lot) . So where can you find the best liquidation stock deals for wholesale appliances? Here are some routes you might want to check out: 1. Find the biggest wholesalers of appliances in your market Start by gathering information and connecting with the biggest wholesalers of appliances in your market. They can be either direct distributors of brand manufacturers in your country, wholesale companies handling local stock liquidation for multiple brands or importers of wholesale appliances from other regions of the world. Ask for referrals from peers in your industry, look into online business directories in your country or participate in local trade shows and fairs (like the Spring Fair in the UK), the ideal place for making facetoface contact with suppliers and inspecting the type of stock they are offering. The advantages of local suppliers of wholesale appliances are the opportunity of seeing first hand the stock of interest to you and the opportunity to buy the stock at very low rates because of the proximity. 2. Look for liquidation stock deals on the Internet The Internet offers unlimited resources for finding new suppliers of wholesale appliances outside your market. Online marketplaces like Alibaba.com are a great place to find suppliers of almost anything in this world, and to link with stock liquidation companies or traders of the type of wholesale appliances your are interested in purchasing.
The advantage of these marketplaces is the great variety of products and suppliers of wholesale appliances you can contact and start business with. Because of the international environment, pricing of the liquidation stock they offer may vary quite a bit. Also pay attention to supplier’s credentials and the details of the liquidation stock they are putting up for sale. Other elements to take into consideration when importing from other countries are: the cost of transport, the legislation in your country regarding the type of appliances your are wanting to buy, the legal papers for customs etc. 3. Try out refurbished appliances Professionally refurbished appliances are a great solution for making great deals out of trading wholesale appliances, because they often get sold at under 40% of RRP by wholesalers and clearance companies in this line of business. Refurbished appliances are customer returned goods that are technically and cosmetically inspected and repaired in order to be perfectly functional and resold on the ‘secondary market’ of consumer goods. You can find these type of goods on auction websites like Liquidation.com and thebiggestclearance.com, from various wholesalers dealing with liquidation stock and customer returns. Or you can purchase directly from companies that are refurbishing branded appliances, like the trading platform Britcomdirect.com, where you can find a large collection of wholesale appliances from top manufacturers based in Europe..
Published on Jan 17, 2012
Wholesale appliances is one of those trading niches that can bring significant margins to resellers, distributors and retailers who decide t...