In the world of buying and selling, there are more opportunities for small businesses than ever before. Aside from the traditional forms of retail shopping, customer demand has widened to welcome wholesale vendors and resellers. If your company falls into these categories, many new resources are available to spend less overhead on product, while providing your customer base with top-tier merchandise from name brands, and at amazing prices. Here, we will look at four products and services catering to the resale industry, and how marketing name brands has become incredibly cost-efficient.
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1. Liquidated products are cost-efficient.
Many wholesaler and resell companies are able to find top-tier, name brand products of every kind by purchasing liquidated inventory from other businesses. In a highly-competitive world of buying and selling, many high-end retailers have been forced to inventory liquidation, making up the needed financial difference though liquidation sales.
Your own resell company can benefit by purchasing liquidation pallets, which are full flats of various items of overstock inventory or customer returns. Appliances, costume jewelry and accessories, men’s and women’s apparel, housewares, and other pieces of general merchandise can be bought from another retailer’s excess inventory and customer returns. Best of all, these great miscellaneous products can be purchased on full pallets or large containers of merchandise at one low price per full load. This practice can offer your own customers amazing name brands at shockingly-low prices. So, if you’re looking to stock your own resell brand with high-demand merchandise, direct liquidation should be your first order of business.
2. Warehouse equipment makes shipping simple.
Whether or not your resell company has a storefront location or operates online, having a warehouse for boxing and shipping is a good idea for turnaround. If you’ve made the jump to becoming an inventory liquidation buyer, especially through large orders of liquidation pallets, you’ll need a warehouse-sized base of operations for incoming inventory. However, having top-notch conveyors and boxing equipment is the most professional investment for your own workflow.
For example, a wide variety of industries require proper cardboard box creating machines for uniform shipping, as well as a high-end Shrink Sleeve Labeling Machine for all outgoing purchases. A shrink label machine is of particular value, as your company will most likely be processing pallets of merchandise for unpacking, then re-packed for customer delivery. Modern shrink sleeve machines are space-efficient enough to combine the quality performance of traditional room-sized steam tunnels, yet take up only one table for operation. By integrating a durable shrink sleeve unit into your workflow, you’ll move so quickly that free shipping can become a feasible offer to your customer base.
3. Logistics software is great for tracking.
In either the resale business or liquidation business, keeping a strict eye on both your incoming and outgoing shipments are crucial for product turnaround. A great service for resell business owners is a licensed logistic software, preferably with mobile app functionality, allowing you to track your liquidation pallet delivery, as well as the arrival time of your items sent to customers.
A relatively new product within the retail and liquidation industries, this software can include such state-of-the-art features as tracking company-owned delivery drones, as well as real-time communications with your product distributors. Whether you provide customers with the best deals on name-brand consumer electronics, or discounts on bulk shipped office supplies, a digital logistic software tool can keep you in the virtual driver’s seat for every delivery.
4. Pallet racking is the ultimate safety measure.
Regardless of your company purchasing liquidation pallets for resell purposes another means of obtaining bulk product, your warehouse shipment location will have to deal with pallet traffic on the floor every day. For this, safety measures are the most important key to organized, efficient workflow. In a high-volume warehouse environment, pallet racking is one of the easiest methods of moving your product deliveries around, as well as storing them temporarily as each parcel is loaded or unloaded.
For your own peace of mind regarding your employees’ safety, consider buying high-level, durable pallet racks in bulk. Warehouse wholesalers will definitely be able to supply your team with brand new or like-new condition industrial racks for your pallet traffic, making for safe and rapid turnaround.