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PRODUCTS


There is a good reason you should check out reviews. Nearly all merchandise is, at one point or another, “wholesale merchandise”. Very few manufacturers sell their products directly to retailers. Instead, there is a company in the middle that acts as a wholesaler. These wholesale companies buy huge quantities of merchandise from manufacturers, which then sell as many as a few at a time to individual small stores, entire truckloads to larger stores, and multiple box-car loads to large chains. Generally, in order to buy at wholesale prices from a wholesaler, you must have a business license and sales tax permit in your state which licenses you as a retailer. However, most of the companies that offer closeout, surplus, liquidation, overstock, and customer return merchandise do not require such documentation. You may want to check out online reviews for more.

 

It’s important here to note another piece of terminology: “Wholesalers” versus “Brokers”. A wholesaler of closeout, liquidation, overstock, customer return, and salvage merchandise has already purchased the items in question and probably stores them and ships them from its own warehouse facilities. The wholesaler may mix items from different stores and sources so that each pallet then sold comprise a more specific type of product. For example, the wholesaler may be able to offer a pallet of strictly “kitchen appliances” as opposed to a more general mix of “household appliances”, or a load of “televisions and video electronics” as opposed to a more general mix of “consumer electronics” which might include cameras, microphones, stereos, etc.

 

A broker, on the other hand, may not have any storage facilities at all, and only makes arrangements between the seller (a department store, for example) and the buyer (you). The broker will collect money from you, pay the seller that money (minus a commission), and help arrange transport from the retailer directly to you.