What is Liquidation stock?

 

Liquidation stock is stock that a business wants to get gone quick, so discounts it and puts it in bulk to be sold. This is good for both the buyer and the seller, as the buyer gets a reduced price on the stock, and therefore good for the seller as it gets sold quicker which is the main point of using liquidation.

 

When should I liquidate my stock?

 

Liquidation is best used when dealing with stock that can’t be sold with normal means, therefore creating problems with other stock the business owns. You shouldn’t liquidate stock just upon this alone though, as even if it sells slowly it can still outperform the costs to make profit. When deciding when to liquidate, you have to way up the costs with the revenue made from sales. Some costs to think about could be things like being charged for storage units or even indirect things like having to pass on deals because of the liquidation stock taking up space that can be replaced by more profitable.

 

How can I use liquidation to sell stock?

 

Many businesses end up with bulk stock that isn’t moving at all, being a result of several things like for instance buying too much stock or investing into stock that turned out to not work well. Stock like this is almost always kept in bulk so it’s perfect for liquidation as if it doesn’t sell then it needs to be reduced and it’s in bulk, what liquidation stock needs most.

 

Where can I sell liquidation stock?

 

Pink Liquidation is able to take liquidated stock, offering great service and are guaranteed to be able to take your stock off of you under 24 hours after finalising the price. Simply press ‘sell your stock’, fill in your contact details, and we can get straight to organising that price.