| Liquidation sales are sales that retailers use to move | | | | needs to vacate the premises, which means that the |
| merchandise before clothing their doors for good. They | | | | liquidator must sell out before then. |
| are usually run by professional liquidators whose job is | | | | Spend your first day at the store making notes of the |
| to liquidate the contents of entire stores. | | | | items available for sale. Next, research those items on |
| You need to know that in most cases the liquidator | | | | eBay and see how much you can sell them for. |
| first buys the merchandise from the store and then | | | | If you sell at a flea market or out of a retail store, you |
| sells it from the store location. Liquidators will pay | | | | would follow the same steps. |
| roughly 5 cents on the dollar for the retailers products, | | | | Go back to the store and offer the liquidator a bulk |
| and then make their money by selling at highly | | | | amount for all of the items that you want. Show the |
| discounted prices. | | | | liquidator that you have done your research, this will |
| This is important to know because it means that the | | | | show him that you are serious and that your prices |
| liquidator can make money even if he or she sells the | | | | are based on research. |
| merchandise for 6 cents on the dollar. Be prepared to | | | | The reason you want to offer a bulk price is because |
| offer him a really low price since he himself has bought | | | | the liquidator will be more willing to make a deal when |
| the merchandise for even less. | | | | he sees that you are interested in buying in quantities. |
| And since the liquidator has at most a couple of | | | | Remember that the liquidator is interested in selling as |
| weeks to sell all the merchandise he will be under | | | | much as possible before he needs to vacate the |
| pressure to move it. Once the lease is up the retailer | | | | premises. |