Understanding the Modern Liquidation Marketplace
The volume of returned, surplus, and discontinued inventory within retail supply chains has drastically increased due to the expansion of ecommerce. Retailers and brands often have a need for efficient ways to liquidate surplus inventory without affecting pricing or overloading traditional discount channels. As a result, the liquidation market has developed into a well-organized marketplace that allows businesses to recover value from excess inventory while providing buyers access to bulk purchasing opportunities for inventory. Liquidation inventory for resellers and secondary market buyers provides a unique opportunity to purchase at a fraction of the normal price. Profitability will depend upon transparency, accurate inventory lists (also known as "manifests"), and dependable sourcing methods. When these features are unavailable, buyers run the risk of acquiring unsaleable (i.e., hard to sell) inventory or experiencing unexpected expenses when processing liquidated produc...