What is Liquidation and Overstock?
Liquidation and Overstock Wholesaling are two different things, but they are both part of the same Product Sourcing Method, because they are both non-renewable sources. Both Liquidation and Overstock Wholesaling are single-lot sources. That means that you buy a Liquidation Lot or Overstock Lot (a bunch of products) once, and you’ll never be able to buy them again from the same place for the same price. Drop Ship, Light Bulk and Large Volume Wholesaling are different, because you can constantly stock and restock your store or auctions with those products. The same products are always available there at the same prices, which is why you need to use those methods. Liquidation and Overstock Sourcing, on the other hand, is best used for buying products that you are going to sell as “Specials” in your EBiz. Liquidation and Overstock products are very cheap, and you can buy them at very low prices, then sell them at very low prices as “Special Sale Items” to get your customers into your store
