Today, we’ll review the wholesale source, Liquidation.com. We get the information you need to make an informed decision. If there’s anything else you’d like to know, please leave a comment.
What is Liquidation.com?
Liquidation.com is an auction site that specializes in wholesale merchandise. Unlike, Salehoo.com who is a directory of other suppliers, Liquidation.com carries everything from jewelry to computers to tools to industrial ovens. Don’t expect to buy 1 item here unless of course it’s an industrial oven or a truck. (Yes, they also have wholesale lots of cars and trucks.) Most lots consist of 50 to 100 pieces. The site is very active and always seems to have an abundance of merchandise to choose from. Their stock ticker is LQDT for all you financial analysts out there.
What kinds of products are they offering and how do the prices compare?
They offer new, used, returned, refurbished, and salvaged merchandise. Most have the disclaimer that all sales are as-is. Meaning, those 20 lcd monitors you just bought for $100 might not actually work. It’s up to you to check out the products before placing your bid. This is my official warning for you to read the fine print and do a reality check before placing any bids. There is a nice selection of merchandise on this site, but you still need to watch out for the duds.
Do they have name brand merchandise?
Yes. A quick scan shows that they carry products from Dell, Apple, HP, Compaq, Samsung, and a slew of other name brands. (Sorry, that was my techie side showing. You’ll also see brands like: Coach, Kenneth Cole, Movado, and Rocawear.)
Do they have the products that are in demand?
Yes, the products you’ll find there are the types of products that are in demand. Web cams, LCD TVs, purses, jewelry, and consumer electronics are all found at Liquidation.com. Their most popular category is consumer electronics with jewelry and watches coming in a close second. The electronics products generally aren’t the latest models, but you’ll see that the prices take that into account.
How are their prices?? Is there room for markup?
This is an auction site, so the products go for the price you bid. Popular products may get bid up to fairly high amounts, but if you do your research before bidding, you should be able to set a budget and stick to it. $100 for 10 digital cameras might be a great deal, but $1200 not so much. There are tons of great deals to be found on this site, but again you need to watch out for the duds. *See the comments…
How is the shipping?
Liquidation.com has warehouses all over the United States so you should be able to find items at a location near you. This will help immensely when shipping large wholesale lots. This is another area that can catch you off guard. For large and cheap items, the shipping could exceed the amount paid for the product itself. They have links on the auction pages so you can get shipping quotes or ask questions before placing your bid. DO THIS! Those monitors won’t be a great deal if you have to pay $1000 for shipping.
How is their customer service?
I was surprised to find actual email addresses available on their contact page. You can easily email or call their support or service departments with any questions. They also give the phone number to their headquarters which you can call from 9AM to 6PM Eastern time.
Summary of Liquidation.com
I think Liquidation.com is an excellent place to get started with wholesale merchandise. You can easily browse the products and prices without having to commit to anything. With the power of the Internet, you can find a product on Liquidation.com, open Google in a new window and search for the current price. I also recommend searching Ebay for the product to determine the going price and scope out your competition. If the market is flooded with $2 auctions for your product, just look for another product.
Registration is free and allows you to ask your questions to the sellers.? Don’t be afraid to ask tough questions.? Once you win an auction, you’re responsible for what you bought.? Whether you just want to get started selling wholesale products or you just want to sell a few things on Ebay, I think Liquidation.com is a great place to test the waters. Click here to register for a free account.
Disclosure: I have an affiliate account with Liquidation.com. If you sign up for an account through a link on SellWholesale.com I might receive some compensation.
For another source of wholesale products, please check out our review of Doba.com.