Wednesday, October 24, 2007

liquidation is overstock and clearence and returned merchindise

Liquidation from retail stores comes in many conditions. Depending on the type of product you buy and how much. Some purchase truckloads of closeouts. You can take a pallet of department store returns. W

When you buy the liquidation merchandise condition is the determining factor for price. Closeouts and overstocks cost more than department store returns.Electronics may cost between 15% - 30%. Returned product is closer to 15% . This type of product is not new . Up to one half of returns may not work.

Closeouts and overstocks are closer to 30% of wholesale. This merchandise is new. Many times closeouts and overstocks are seasonal merchandise. The condition is new. Very little waste compared to department store returns

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