Closeouts Are No Match for Surplus Merchandise Profit Margins

Entrepreneurs, vendors and retailers, online and offline are always on the lookout for new sources of high quality merchandise that can be acquired at the lowest price possible opening the door to potentially high profits at resale.

These buyers are looking for merchandise to resell in a variety of venues such as::

  • ·Offline shops and stores
  • ·eBay and other auction sites
  • ·eCommerce stores online
  • · Flea markets
  • ·Swapmeets
  • · Individual websites

This is not a complete list but simply an example of the types and variety of venues that need and want merchandise at the lowest price possible..

A question that often arises is whether it better to focus on buying and reselling closeout or surplus merchandise. In order to answer this question we should take a moment and examine the difference between these types of merchandise

What is Closeout Merchandise?

Closeout merchandise is nothing more than merchandise that is on sale or in the process of being discontinued. It is merchandise that is discounted below its normal cost so that it will sell quickly, giving the retailer the opportunity to bring in new stock. Some retailers even advertise that they sell “closeout merchandise.”

What is Surplus Merchandise?

Surplus merchandise is excess inventory that a business has over and above what it needs. This is not the same as a closeout. Beyond merely being on sale this is an inventory that can no longer be used by the seller for any of a number of reasons such as: product changes, packaging changes, and design updates. In effect it has become unwanted merchandise.

As excess or unwanted merchandise it may start to collect dust in a warehouse. The owner needs to get it out of the warehouse to make room for new merchandise that has in effect replaced the surplus merchandise.

In such a scenario, the owner may decide that it is time to sell the inventory as surplus at rock bottom prices just to get it out of the warehouse and make space,.

Opportunities Exist to Sell Retail and by the Truckload

Savvy surplus merchandise liquidators know how to take control of entire inventories of unwanted surplus merchandise for mere pennies on the dollar for resale at substantial profits by the truckload to stores, or on a retail basis in their own business

Surplus Liquidators Provide a Needed Service

In effect, the surplus merchandise liquidator will be helping the owner get rid of an inventory headache and convert it to cash. By providing this needed service and helping the owner clear out a warehouse, the surplus liquidator helps the wheels of the economy moving as new goods can be delivered.

The surplus merchandise can now be sold to hungry buyers looking for good deals online and in stores producing profits and opportunity.

Keep in mind that there is nothing wrong with the merchandise which is now classified as surplus. It is not defective, broken, damaged or returned merchandise. It is retail packaged and ready to go on the shelf of a retail environment or posted on a website for sale.

Closeouts May Become Available for Liquidation as Surplus… in Time

On occasion closeout merchandise will become, in time, available as surplus merchandise.

Keep on the lookout for warehouse sales where a seller needs to liquidate remaining closeout merchandise at the conclusion of their sales. Profitable opportunities may exist in such scenarios provided that you agree to a surplus liquidation price and not a simple discount at the end of a sale. This is critical so be sure that you understand the tenets of liquidating before making any buying decisions.

Article Marketing To Make Money Online Instead of Blogs?

What if you spent a lot of time, even money, building a website that attracted no one? It’s not unusual for a budding online entrepreneur to start of his or her efforts to make money writing on the Internet by setting up a website. If you come from a technology background you are used to setting up servers and networks. Your professional background screamed “build a website” to make money online. Before you charge down that path, perhaps you should take baby steps and try article marketing to make money online.

Sure, you can spend your first year figuring out bits and pieces of coding HTML and becoming competent using Microsoft Frontpage, NUV or similar product. Then there are the graphics, flash intros, logos, banners, blinking signs, running kitties and similar ‘eye candy’ (or eye pain depending on your vantage point.) You’ll spend the vast majority of your time dealing with these technical aspects and not so much time creating content.

Sure, in the first 6 months of your online apprenticeship you manage to create a website full of… stuff. All the gizmo things that you thought were cool. Your busy little website is not going anywhere fast in the rankings because it is too lean on content. Content drives sales by attracting traffic through search engine ranking.

You see, even though you thought the Internet was all about making money, it really is a Big Information Highway. Have you met anyone lately that doesn’t turn to Google to look up something – or did they run off to the library to do research?

Now, don’t get me wrong, you can make plenty of money online, but that has really never been the overall purpose of the web. It is all about getting information out to the world.

Once the search engines find your website they are happy to eat up all your yummy content and eventually you find some of your web pages are ranking well, even in the top 10 for searches on certain keywords.

Here’s the concept around article marketing without a website:

1. Determine your niche. I recommend writing about something that really aggravates you, not something you love. I know crazy thought, but people love to spend money online or offline fixing problems or pains.

2. Now that you know what you want to write about, find a merchant offering a solution to that problem that has an affiliate program.

3. Buy a highly relevant domain name that includes problem keywords or, even better, the product name. I know you are worried about trademark infringement. Email you affiliate manager and ask if that’s a problem. Otherwise, just go ahead and set up a keyword-focused domain name.

4. Forward the domain name to your product using your affiliate link.

5. Start writing articles and submitting them to ezine article directories.

If you are new to making money online, try article marketing. Once you stop focusing on creating websites and started focusing on submitting information rich articles to these directories you will start seeing traffic and sales post to your affiliate commission reports.

The Benefits of Discount Shopping Online

There are many people who dread the concept of shopping due to the problems associated with offline shopping. Offline shopping entails a number of disadvantages which makes it highly cumbersome in nature. Standing in the cues and looking for favorable parking slots are some of the worst facets of offline shopping. The idea of hopping from one store to another becomes highly irritating and often the offline stores do not have enough items in stock which makes options too limited. Online shopping is devoid of such limitations and is most preferred for the amount of convenience that it offers to the customers. Here you will get to sit down in the comfort of your home and do as much research as you want on the items that you need to purchase. Moreover even the job of searching can be carried out without much hassle for all you need to do is to click the mouse and visit as many online stores as you want.

Apart from the factor of convenience the amount of benefits that you can reap for online shopping far outweigh the list of benefits that offline shopping offers. The fact that more and more people are opting for online shopping is suggestive of the fact that this type of shopping is highly advantageous. It would enable you to save a lot more than the amount you would have saved through offline shopping. This is because online shopping comes with the great benefit of discount shopping which makes it highly beneficial. If you purchase items at discounted rates through online shopping, why should you go for offline shopping? There are a number of schemes and offers available on online shopping which you cannot avail in offline shopping.

There are different types of deals available on items sold online, of which an important type is that of coupon codes. These coupon code deals are meant to help people to save money on any kind of purchase they make. Hence, you can use these coupon codes for all kinds of purchase that you make. These coupons are available online, do some amount of research before settling for any particular type of coupon. Online discount shopping also involves the facility of carrying out a comparison of the prices of a particular type of item. One can easily carry out this comparative study which is quite difficult in case of offline shopping.

Often the retailers offer items at discounted rates when they are sold in bulk or under any kind of offer. These kinds of offers are available only in case of offline shopping. These are the different types of discount shopping that one can avail in online shopping and one should go for that type of discount offer which suits him the most. Every discount offer has a nature of its and are meant to cater to the needs of a particular group of people, so you should weigh different options and go for an option that matches you need the most.

Online discount shopping offers a number of advantages but you need to take all measures for security. You need to stay safe when you are looking for discount shopping online in order to avoid falling in traps and fraudulent practices. For the purpose of security you should never send an email containing information of your personal details while discount shopping online. Moreover in case of online discount shopping you should always look for the top quality product available for since you would get the item at discounted rates you can afford to look for the best quality products manufactured by the best of manufacturers.