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What is Wholesale, Closeouts, Salvage Merchandise and Customer Returns?

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What is Wholesale, Closeouts, Salvage Merchandise and Customer Returns?

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Closeouts are obtainable and represented as overstock, excess inventory and typically means 1st quality goods. It can be a combination of products or just one specific item. Customer Returns are offered by department stores or catalogue companies usually, a percentage of merchandise will be unsellable. The norm of these loads is in sellable condition and all merchandise is offered in as-is condition. Profit potential makes returns very popular buying option. Some risk factor is to be expected depending on category and product availability.

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