Buyers of surplus stock

Clearing out surplus, excess or outdated stock gives you more room for new merchandise and increases your cash flow at the same time. How and where you sell the stock depends on the discounts you plan to offer and whether shipping is necessary.

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If any stock is left after your sales effort, consider donating it to charity. You'll get a tax write-off and contribute to the community. You have several choices when selling merchandise on the Internet. One option is through your own website. You need to set up a payment processor or use a third party processing service.

Another option is selling through a classified ad site, an online auction site or an online seller. Include shipping as an extra fee or price the merchandise high enough to cover the shipping.

Flea markets offer merchandise at cut-rate prices because attendees expect to find great bargains. The market charges a fee for booth space.

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Bring your own tent, umbrellas, tables and booth setup. While you're away from your normal retail space, you may not have access to your merchant account.

If that's the case, set up an alternative method of payment through a third party processing service such as Paypal or Square Up. Check whether the city that's hosting the flea market requires its own business license and sales license from you.

A garage sale at your residence is another option. Check your homeowners association covenants to make buyers of surplus stock garage sales are allowed. A fire sale held at your retail establishment gets rid of surplus stock quickly if you offer the surplus stock at bargain basement prices.

You may want to have an employee outside to ring up sales rather than have customers come inside the store. Shoplifting may be a problem if the merchandise is unattended. Hand out fliers to customers the week before the sale.

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Advertise the sale in the local newspaper. Stock options merrill lynch the fire sale may bring in new customers.

Contact vendors at flea markets to see if they would like to buy your surplus stock and sell it in their booths.

You won't receive as much as if you sold it yourself, but you also don't have to go through the trouble of setting up the booth and hiring someone or attending the market yourself. An inventory liquidator is another option.

Stock Buyer | Stock Clearance Companies | Excess Stock Buyers | Surplus stock buyers | ANY STOCK BUYER

These companies specialize in buying surplus stock and reselling it. Katie Jensen's first book was published in Since then she has written additional books as well as screenplays, website content and e-books.

Rosehill holds a Master of Business Administration from Arizona State University.

Her articles specialize in business and personal finance. Her passion includes cooking, eating and writing about food. Skip to main content.

On the Internet You have several choices when selling merchandise on the Internet. Flea Markets and Garage Sales Flea markets offer merchandise at cut-rate prices because attendees expect to find great bargains.

Fire Sale A fire sale held at your retail establishment gets rid of surplus stock quickly if you offer the surplus stock at bargain basement prices. Wholesalers and Liquidators Contact vendors at flea markets to see if they would like to buy your surplus stock and sell it in their booths. References 2 Business Insider: Surplus Inventory -- Avoid It, Identify It, Sell It. About the Author Katie Jensen's first book was published in Suggest an Article Correction. More Articles [Provide Stock Options] How Do I Provide Stock Options?

Also Viewed [Surplus Inventory] How to Locate Surplus Inventory [Treasury Stock Shown] How Is Treasury Stock Shown on the Balance Sheet?

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