LOCATE Consumer Inventories at Liquidation Prices

How to Package Your Products for Shipping

How to Package Your Products for Shipping

By Clifford Woods

People today often judge products by how they look on the outside, which means that they will judge your merchandise by its product packaging. It is not just about trying to keep it in one piece through the shipping process. It is actually a chance to market to potential clients as well.

A few of the ideas below might seem intuitive, however if you go to any store you will see a lot of items they have in which designers did not follow any of the essential packaging suggestions below:

Tip #1: Don't Waste Any Space on Your Package

Do not completely focus on the exterior of the package. Consider everything as a chance to get in touch with your buyer. 

Make use of the packaging label for advertising. Utilize the product packaging interior to support the messaging on the exterior, such as even more ways they are able to use your product for similar goods. Encourage clients to let others know about your services.

Tip #2: Make Sure Your Package Appeals to Your Niche
Colors, pictures, word choice, font, and everything about your packaging needs to be geared towards your target audience. 

Whenever a potential consumer views your product, they need to instantly recognize your brand. If your target customer base is commercial companies, they will not be interested in with images of rural home life.

If your market is environment-friendly, emphasize the green advantages of your item and packaging. If you are marketing abroad, make certain you are very sensitive to cultural customs.

Tip #3: Include Directions for Convenience
Never try to make your customers think about how to open the product. Include things like unwrapping directions on the product packaging itself so a person understands just how to deal with your product and prevent injuring themselves along the way.

Tip #4: Advertise the Benefits of the Product
Do not presume that individuals will link your product with their needs. 

Buyers do not purchase a product for its functions; they purchase a product for what it can do for them. Speak about how your product helps you to save time, improve their total well-being, provide superior protection, improve their productiveness, or respond to some other need they may have.

Tip #5: Make Use of Pictures When Possible
Making use of worldwide icons pictures is likely to make your product readily available to a broader marketplace.

For instance, if you are marketing within the United States, you may include English and Spanish copy on your product packaging; on the other hand if you want to focus on tourists or those with learning disabilities who cannot read then making use of pictures instead of words could also make it simpler to sell your product in international marketplaces.

The simpler you make it for individuals to be aware of what your product packaging says, the much more likely they are to purchase it.

Tip #6: Compare Your Product
If you have a product you want to submit to a retail store.

For example, visit a retail store and put your package on the shelf next to another. If it stands out, appears unique, and looks a lot better than the merchandise of your competitors, then you have a good packaged product.

Tip #7: Make Packaging Opening Pleasant
Your product packaging should involve the entire experience.

For example, Apple is a company that really does a great job of creating a product's packaging right down to the very last detail. The means of unpacking the product emphasizes the company's self-image and their consumers' experience prior to making use of the product itself.

If you include every one of these tips above in your packaging plan, you will be able to prepare yourself for success in your marketplace.
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Clifford Woods is the owner of Rapid-Liquidations
We buy complete inventories of unwanted or discontinued consumer merchandise for cash and sell complete inventories of consumer merchandise at about 15 to 20% of retails prices!

If you are interested, we also have a complete, easy-to-follow manual on how to get started in this business yourself.

How to Determine If You Should Buy From a Wholesaler

How to Determine If You Should Buy From a Wholesaler

By Clifford Woods

With all the current news regarding striving and faltering stores, considering liquidation sales is a profitable alternative.

 In the case of liquidation sales, things are not necessarily as they seem, so you will have to keep an eye out for the things below anytime you are at a liquidation sale.


What is a Liquidation Sale? To begin with, liquidation sales are usually managed by a liquidator who purchases the inventory in declining stores and then resells it on their own. Doing away with the goods is really a supplementary goal, at least in the beginning.

The main objective of liquidators is, needless to say, to make all of the profit they can. Therefore, products are not necessarily listed to sell, though eventually after some time they will simply want to get rid of their current inventory which means you can snag it for a cheap price.

Know the Real Price: To be able to offer a noticeable price cut, liquidators actually increase costs above the manufacturer's suggested retail price before listing any discount rates. Therefore, despite having a 10% discount, you may find yourself having to pay a lot more for the product than you might have before the sale began.

Since sales usually run for a few months, the liquidator has enough time to target consumers who do not know any better and make huge profits by offering small discount rates on overpriced items. When they finally get right down to real discounts, the majority of anything that you really wanted in the first place is going to be long gone. 

One more problem is that, since the store is not going to exist soon, all product sales are usually final. This means that, if you find that you have problems with your purchase, you will have to address the manufacturer instead of taking it back to the store.

Helpful Advice for Getting the Most Out of a Liquidation Sale: For anyone that is considering buying products from a liquidation sale, below is a list of a few guidelines to get the most out of your shopping experience:

1. Use a Credit Card to Buy: This is especially true for goods that will be shipped. In the event that your goods never arrive, you are able to go through your card company to get your cash back.
2. Watch Out for Extended Warranties: You need to be cautious about extended warranties. When it comes to liquidation sales, you need to be a lot more careful, as the guarantee might outlive the vendor. In many instances, it is probably best to just depend on the manufacturer's extended warranty, which is not affected by the merchant's shutting down.
3. Do Not Go to a Sale for the Sake of It: It is easy to be caught in the thrill of a sale and make buys that you will later on regret. The issue here is that, as mentioned above, liquidation sales are usually final and you will not have a chance to re-think your choice and return the item.
4. Check if You Have Gift Cards: Considering that the business is going out of business, time is running out for you to use your gift card. If you do not spend it before the liquidation sale comes to an end, your gift card is going to completely useless.
5. Research: Although it is possible to get a good price, it is just as likely that you will lose money. If you know what you would like to purchase then there is absolutely no reason for not knowing just how much you can get the item for somewhere else. This is especially important for those who want to resell the items themselves.

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Clifford Woods is the owner of Rapid-Liquidations
We buy complete inventories of unwanted or discontinued consumer merchandise for cash and sell complete inventories of consumer merchandise at about 15 to 20% of retails prices!



If you are interested, we also have a complete, easy-to-follow manual on how to get started in this business yourself.

Factors to Remember When Purchasing Pallets of Returned Goods

Factors to Remember When Purchasing Pallets of Returned Goods

By Clifford Woods

Stores regularly have products which are overstocked or returned. Since they detest totally wasting all of these goods that remain functional and have simply no problems, shops work with wholesale pallet businesses to get rid of what they cannot sell.

The retailer covers the products, packages it onto big pallets, and then markets it to clients in bulk at a very inexpensive price. Locating trustworthy pallet businesses, on the other hand, is challenging.


Watch Out for Scams: Consumers looking to purchase pallets of products can, sad to say, frequently end up getting ripped off. Quite often, the purchaser gets a pallet only to find that a large portion of the products are not able to be re-sold due to significant problems not mentioned by the seller.

Probably the most reliable way to separate the fraud businesses from genuine pallet organizations would be to look up the organization through the Better Business Bureau (BBB).

If you fail to accomplish that, which is often the situation for new businesses, make an effort to gather information through client reviews. Never purchase a pallet if you do not have a crystal clear understanding of the approval rate and the level of quality of customer service the pallet company provides.

Buy Directly From Pallet Companies: Pallet companies work by obtaining products from big retailers. The products might be overstocks, salvaged, or returned products that can all be repaired if damaged.
Merchants work on a regular basis with pallet companies simply because they continuously have to transfer unsellable products out of the store and warehouses to make room for new products. 

As a result, sales executives for retail businesses normally have an index of pallet businesses they are doing business with often.

All these pallet companies have a good reputation for offering excellent service. If you discover products from a retailer you want to purchase on a pallet in bulk, find out which pallet companies the retailer use from the manager of the store and how to make contact with those businesses for pallet purchases. This is actually the easiest way to discover pallets for certain products.

Current Pallet Companies: Pallet organizations are located all over the United States. Good examples of these companies can include Via Trading, Genco, Bargain Report, and TDW Closeouts. Generally, these businesses purchase goods from top quality retail stores, then split the products into smaller groups and place them on pallets.

Of the businesses mentioned above, Via Trading is very niche-focused when it comes to categorization, so keep that in mind if you are a small company that wants to market niche products. A few businesses might require that you purchase at least one truckload of pallets to start, so make sure to check out the policies of each pallet company before you do business with them.

What to Look For: While searching for pallet companies, focus on companies within traveling distance. Pallets might weigh well over two hundred pounds, based on the products involved, which means that you will need to pay significant shipping fees if the organization is located far from where you live.

It is always a smart idea to purchase just a few pallets from a business in the beginning. This allows you to get an understanding of what the pallets provided by the company may be like.

Furthermore, great pallet businesses really should provide you with some type of return policy provided it is possible to get the pallet back to the business in the exact same condition it was in when shipped.

If you discover great products at a pallet company that does not provide this option, you will still want to work with them, however you should be a lot more mindful of whether or not the amount you buy satisfies the demand you might have, and you also need to be ready to take a loss in the event you get a pallet with an above average percentage of unusable products.
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Clifford Woods is the owner of Rapid-Liquidations
We buy complete inventories of unwanted or discontinued consumer merchandise for cash and sell complete inventories of consumer merchandise at about 15 to 20% of retails prices!



If you are interested, we also have a complete, easy-to-follow manual on how to get started in this business yourself.

All About Resale Licenses and Why You Need One

By Clifford Woods

A reseller's permit is necessary for US-based retailers to prevent paying sales tax on products you are likely to resell. To obtain a reseller's license, you must first sign up with your state tax division by obtaining a State Sales Tax ID number.

About Sales Taxes: A sales tax is billed on every sale of physical merchandise to potential buyers in your state. A number of states might also charge sales tax for a few services. Not every state imposes a sales tax. If your business is located in the states of Hawaii, Oregon, Delaware, Alaska, or New Hampshire, then a sales tax will not be used or can be applied only in some instances.

For every other dealer, a sales tax is an important factor to keep in mind. Sales tax has to be gathered by all. Generally speaking, you don't have to collect sales tax from purchasers who live outside the state you are in. You can get your state's sales tax rate from the state website.

It is vital that you do this since there are major differences between states. For example, a few states have one main rate that is applicable throughout the state while in other locations the sales tax rate differs between county lines.

How to Get Sales Tax Identification: You can get a sales tax identification certificate and reseller license at your state tax office. After you obtain your sales tax ID, the state will begin mailing you regular monthly or quarterly claims. The actual physical location of your company is what makes a difference to the regulators, not the place it was created.

Therefore, should you be running your company from a different state, like Florida, yet have created it in Georgia; you will end up getting the Florida rate for the sales tax from customers and pay these on to the tax office.

Wholesale Permits: If you are a citizen of the United States who is buying wholesale products from a wholesaler inside the country, then you will most likely have to have a resale certification or resellers license from the state where your company is physically located.

This permit will allow you to buy products at wholesale prices without having to pay sales tax. Additionally, it enables you to gather sales tax from your buyers. If you do not have a permit to resell goods, then you will need to pay sales tax on the products you purchase at wholesale prices and then additionally impose a sales tax.

In cases like this, you can include the sales tax you paid for as a deduction on your return; however it is a lot less difficult to simply present your certificate whenever you buy from a supplier.

The majority of wholesalers will request to see your sales tax ID or permit before they are sell you any merchandise at all. The reason being is that they are lawfully required to confirm if you are qualified to collect sales tax from the consumer.

What is a Use Tax? Another factor you might run into is a tax referred to as a 'use tax'. This type of tax is in position to try to discourage individuals from purchasing in states with reduced taxes compared to their very own.

Use tax ensures that if you buy goods in a different state, then you owe tax comparable to the total amount you would normally have paid for in your own state. It will affect you if you purchase products meant for resale and then wind up using them for your own personal benefit.
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Clifford Woods is the owner of Rapid-Liquidations
We buy complete inventories of unwanted or discontinued consumer merchandise for cash and sell complete inventories of consumer merchandise at about 15 to 20% of retails prices!



If you are interested, we also have a complete, easy-to-follow manual on how to get started in the Liquidations business yourself.

Advice to Consider When Starting Your Own Liquidation Business

Advice to Consider When Starting Your Own Liquidation Business

By Clifford Woods

Regardless of whether you are just considering, or you have made the decision that you want to begin running a wholesale company, there are numerous items that you need to invest a lot of time planning and investigating before you go ahead and purchase products for resale.

Good planning and research cannot just help you save a lot of problems at first, but may also mean the difference between an effective wholesale company compared to a financial disaster about to happen in the future.

Below is some advice that may help direct you along the way as you start planning for your company.

Figure Out Your Reasons for Starting a Wholesale Business
Wholesaling is a challenging industry and may call for a lot of up-front investments, storage space, logistics preparation, and good customer service. As the primary link between manufacturer and stores, you might find yourself working with tens of thousands of products having to be transported across the nation at any time.

Keep an Eye on Your Competitors
It would not be a good idea to get into a market where there already exists well-known, reputable wholesalers for a certain product. Merchants would like to know that there is a reliable source of products that satisfies their conditions and will not make changes to their wholesalers for just any product. Simply because you constructed the warehouse does not necessarily mean they are going to come.

Make use of your local Chamber of Commerce, the web, and even consult with retailers to discover exactly what wholesalers can be found in your town. If you would like focus on a particular product, get in touch with the manufacturer directly to find out who manages wholesaling for them in your area. There might not be one near where you live, or there might be more than one across the road.

Figure Out and Plan Your Finances
Wholesaling can call for a large amount of investment and expenses before you actually see a dollar of earnings. Make sure to look beyond the startup expenses too. Workers, taxes, insurance, and rentals are only some of the expenses you will have to consider as continuous costs.

Create a Good Business Plan
A reliable business plan is definitely the first step toward any successful business. You have to ensure that you have clearly planned out what you plan to do and how you would like to accomplish it. Not only will banking institutions require this for funding, but usually other companies you work with may wish to view it too. It needs to be the principles that you stick to every single day in your business to obtain the goals you have established.

While creating your business plan, it is usually a good idea to employ a professional consultant to help. An excellent source that will help you find such professionals in your town with the required skills and record is the Small Business Administration (SBA) government website.

Do All Necessary Paperwork
As a wholesaler you will find that you must pay taxes along with other fees to your state as well as the government. One exception is that you are going to be provided tax-exempt rank for the merchandise you are relocating between the manufacturer and additional merchants. This is often a tricky practice and is dealt with by the state.

Once again, it would be best to make use of your state taxing expert in addition to the local Chambers of Commerce. Just one wrong mistake when it comes to important paperwork can bring about a ton of charges and fees that you wouldn't have to deal with otherwise.
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Clifford Woods is the owner of Rapid-Liquidations
We buy complete inventories of unwanted or discontinued consumer merchandise for cash and sell complete inventories of consumer merchandise at about 15 to 20% of retails prices!




If you are interested, we also have a complete, easy-to-follow manual on how to get started in this business yourself.

A Quick Look at Importing Wholesale Products

By Clifford Woods

The fundamental principle of business is "supply and demand." 

What this means is that you make money by providing a product or service that is sought after while there is an insufficient supply of such product and or services.

Usually, we have found that it is nearly impossible to produce such a desire in one day if you do not have a multi-million dollar advertising team working with you. As an alternative, importing from abroad and sourcing items for an affordable cost and then reselling them for more than you bought it for, works best.

The Ease of Importing: For those who have never thought of importing and think that importing is extremely complicated and high-risk, then you will be very happy to know that this is far from the truth.
It is possible to quickly discover ways to import products and make the earnings you've imagined. You can find out the best strategies of discovering providers in foreign countries, importing goods, and selling them all for a substantial income.

You can also do all of this from your own house. Importing is not hard, however it really does require devoted research and a determination to learn from errors. Despite having the very best advice on the planet, you will still wish you had done something differently the very first time you give it a chance.

How to Find a Good Product: You might want to either look for a product that is uncommon in your country and therefore much sought after, or, an item that is available where you reside and extremely well-liked and that you can source extremely cheaply from abroad and offer it on auction web sites or your very own online shop for a low-priced compared to somewhere else.

To locate a high demand item, you first have to raise your awareness of growing trends and niche marketplaces. In order to make money, you should only have to have a reasonably well-liked product on condition that it has the possibility of being marked up 50 to 100%; then it may be successful.

As an alternative, niche markets are what you need to be focusing on. However, you need to be sure to steer clear of designer products no matter what.

Why You Should Stay Away from Designer Products
One type of product that is highly recommended against is designer products. Generally speaking, designers get their items produced in France or Italy to make sure they are made in outstanding quality and they also usually eliminate excess products instead of sell them at wholesale prices.

In addition, if you are found importing phony designer products, you may deal with serious fees and penalties. These types of goods are often greatly over-subscribed anyway.

How to Import: Let's take a glance at the basic steps you will follow to import products to sell:
Step #1: Research. Researching the market is very important. You have to make sure that the products you import will sell otherwise you will be throwing money away.
Step #2: Find providers. The web is an excellent method of discovering excellent suppliers; nevertheless it is also filled with deceptive sites. Just take time and care about authenticating providers that you find through basic web searches.
Step #3: Place the order, arrange shipping, and make payments. Additionally, you will have to speak with a broker to ensure you fill in the right forms.
Step #4: Get the merchandise, possibly paying a customs payment if necessary.
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Clifford Woods is the owner of Rapid-Liquidations
We buy complete inventories of unwanted or discontinued consumer merchandise for cash and sell complete inventories of consumer merchandise at about 15 to 20% of retails prices!

We also have a complete, easy-to-follow manual on how to get started in this business yourself.

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