The Essential Guide , and here are the headlines:. There is also a Buy Now price and a Make an Offer option on some items, allowing you to bypass the auction process. BlueLots partners with some of the largest brands, ecommerce retailers, and manufacturers in the United States to help liquidate their excess inventory. For refurbished items, Direct Liquidation provides a day warranty from the date of product pickup.
How can you find good products and maximize your chances of success? Each lot is given a grade which indicates the quality and condition of the items in the pallet. B-Stock runs liquidation auction sites in multiple countries, connecting buyers and sellers directly.
BULQ requests resale certificates from all customers. BoxFox runs online auctions to sell clearance lots direct from retailers. In order to bid, you must register for a free user account. On the face of it, you can purchase goods at huge discounts. You can also subscribe without commenting.
The auction house selling the lot may offer their own delivery solution, provide details of firms they work with, or you may need to organize your own delivery. To clear this stock quickly, retailers often sell it to specialist liquidation companies very cheaply and in very large volumes. Customers with operations in California need to provide a resale certificate. This can take a lot of time and completely erase your profits.
You can browse clearance lots online without an account, but to view complete inventory manifests and to make purchases, you have to register. You cannot arrange your own shipping. Pallets come with detailed manifests containing product images, descriptions, condition, ASIN, Amazon sales rank, review rank and estimated profit for each item.