For manufacturers, small businesses, distributors, brick-and-mortar stores, and big-box stores, excess inventory is a common part of retail life. Last season’s trendy clothing lies in piles in your warehouse. Extra summer patio items are locked away in your business’ back room. You manufactured too many Blu-Ray players and find stores can’t sell all of the inventory.
At Liquidate Products, we take the hassles out of finding what to do with all of that extra inventory. Businesses, such as Kmart, Big Lots, Toys-R-Us, Office Depot, and several small to large businesses trust us to purchase their unused, unwanted inventory.
If you’re looking to sell your surplus, closeout, and discontinued consumer inventory, how can your inventory find a new life and allow you to make some extra cash for your business?
Here are some leading benefits for selling your extra inventory to Liquidate Products:
You can cut your taxes significantly.
All of us love to have a tax break with Uncle Sam. If you go through a liquidation company or donate items directly, such as to a charity, you can write that off on your taxes. If you own or manage a C corporation, you can write off the donated inventory, in addition to the difference between its current cost and fair market value.
Free up your space.
Items take up room. If you’re wanting to get rid of extra 80-inch smart LED televisions or eyeshadow palettes, everything takes up valuable real estate on your end. When you sell your inventory to us, we take it off your hands so you can move in and sell the market’s most current products and begin turning over a profit on what is selling right now.
You can enter new markets.
If there’s a demographic that you want to strategically market your items to, but you can’t seem to get your foot (or brand) in the door, selling your inventory is a place to start. While this may not seem like a direct Return on Investment (ROI), when someone purchases your item at a discounted price, he or she may develop brand loyalty to your product. Thus, he or she would be more prone to purchase an item at a higher rate from your store or online once he or she has “sampled” a product at a cheaper price.
You don’t have to deal with the process on your own.
We have more than 75 years of experience in the liquidation industry. You can rest assured knowing that we will find the best buyers for your products. Plus, we do all of the work so you can focus on what you and your business do most — making new products, sales, services, and more. Liquidation companies keep your brand intact while also providing you with a one-stop shop and a seamless application and selling process.
Don’t just sit on your unused inventory. Give it a new life.