Liquidation wholesalers can be one of your best friends if you know how to use them correctly. Whether you are in debt or trying to simply create a good business, you want to use the wholesaler in order to create a long term stream of income and succeed in the end!
Now first of all, what is a liquidation wholesaler? First, liquidators are usually people that sell products that are bought from bankrupt businesses unsold stock, surplus of stock, overstock, sorted stock, and even manufacturers.
What Kind of Products can I Buy?
Well to be honest, liquidators as a whole only sell one thing: Everything! There is a liquidator for you that will sell you products for your business at a wholesale price. The great thing about price is that they have bought the overstock from a place and are usually trying to get rid of it rather quickly. Therefore it would be wise for you to take advantage of it and try to buy these products a cheap price only for slightly more than what they bought it at!
That is the main advantage from buying from a liquidator. A disadvantage is that some liquidators are expecting a good profit margin and can sometimes be stubborn to be talked down to an even cheaper price, so you can probably be stuck in a hard pickle.
Usually you can get a good price on the product however. You also want to make sure that the product that you are trying to sell either online or as a regular brick and mortar business, will actually get you a profit margin – make sure there's a high demand for it and that there are many people out there that are actually trying to receive that product that you are giving them!