What You Need to Know About Liquidation Goods
Sunday, November 16th, 2008If you run an eBay, flea market or other discount business, you may well have heard of liquidation goods, but not be sure just what all those terms that go with them mean. You know that getting goods at liquidation prices is a good thing, because they are much cheaper than even wholesale, but beyond that, some of the words seem foreign.
Consumer Returns
The first category of liquidation goods is customer returns. These are just what they sound like, items that have been purchased from a retail establishment and then are returned to the store for some reason. The store can no longer sell them as new and often choose to liquidate them instead. (more…)