Archive | Industry Trends

Knowledge of trends is instrumental in getting your business to where it needs to be. Get news and insights related to the reselling, wholesale, and liquidation industries.

Holiday Reselling Prep: Your October To-Do List

Person checking off to-do list as they prepare for holiday shoppers

As a reseller, October is a critical month to plan your Q4 strategy and prepare for holiday shoppers. As the coronavirus continues to impact buying habits, consumers are predicted to be on the holiday gift hunt long before Black Friday. But, remembering all the details and deadlines can feel overwhelming, especially for sellers who are new to the game. Fortunately, BULQ is here to guide you. Whether you sell online or in-person, check out our FREE holiday cheat sheet for […]

Posted in Industry Trends Continue Reading...

Fixer-Uppers: How to Repair Items for Resale

Wooden table with supplies to help someone repair items for resale

No matter where resellers source their inventory, there’s always a risk of receiving damaged or less-than-new products. Sometimes, you may not be sure of the inventory’s condition, which makes for a riskier investment. Other times, the products could be impacted by poor handling or improper shipment. However, non-new or damaged items don’t have to mean a total loss! Check out these tips on how to repair items for resale so you can bring these products (and your profits) back to […]

Posted in Industry Trends, Reselling Basics, Seller Growth Continue Reading...

How to Stand Out from the Competition

austin-distel-xz8-g_nmHs0-unsplash

Being your own boss is one of the many benefits of becoming a reseller. But, in a constantly changing industry, it can be difficult to determine how to be an online reseller that stands out.  Especially in the wake of COVID-19, reselling is rising in popularity, bringing with it an increase in competition.  So, how do you master reselling in a growing market? We’ve got you covered. Here are five tips for how to be an online reseller that knocks […]

Posted in Industry Trends Continue Reading...

[FREE EBOOK] BULQ’s 2020 Holiday Reselling Guide

2020-guide

The year’s holiday season will almost certainly be unlike any other. As the world faces a global pandemic, retailers, including resellers, are continuously forced to evolve and meet the needs of a rapidly changing market.  That’s why we created our 2020 Holiday Reselling Guide- an eBook offering simple, easy-to-execute strategies and tools to help business owners sell online during the holidays.  Start the season off right- download your free Holiday Reselling Guide now. Download BULQ’s 2020 Holiday Reselling Guide to […]

Posted in Industry Trends Continue Reading...

Summer Sourcing: Predictions on the Season’s Top Sellers

Inflatable pool toys

It comes as little surprise when we say this summer will probably be a bit different than most. Usual activities like going to the beach, barbecues, and swimming at community pools are still under restrictions due to COVID-19, with no sign of loosening for many areas. For sellers, this change impacts not only summer plans, but also seasonal inventory sourcing strategies.  If your usual sourcing plan has you scratching your head – never fear! We asked BULQ’s YouTube community which […]

Posted in Industry Trends, Inventory Sourcing Continue Reading...

6 Stay at Home Job Ideas

Man at home office setup

Looking for an extra source of income? A quick search can turn up hundreds of options promising to make money fast. However, what about side hustles for those who’d like to work from the comfort of home? No matter where you live, the internet has created a variety of stay at home jobs for people of all ages and skill sets. You just need to know where to find them. From making a few bucks to creating a new career, […]

Posted in Industry Trends Continue Reading...

Reselling Tips from the BULQ Community

A bunch of people with their hands in on a circle

In times like these, making sure life goes “according to plan” can be a bit of a challenge. Things are changing at a moment’s notice, which may leave you feeling a bit overwhelmed. Fortunately, a little advice can go a long way.  We asked BULQ’s Instagram community to share their top reselling tips for making the most of the situation around COVID-19. Check out a few of their inspiring words.  “How can resellers make the most of this situation?” My […]

Posted in Industry Trends Continue Reading...

4 Marketing Strategies to Boost Business During COVID-19

Sticky Note that says "SALE!"

When it comes to making the sale, having great inventory is just one piece of the puzzle. Especially in the current economy, customers are on the hunt for high-quality products at reasonable prices. It’s up to you to convince them your store has the best of both. That’s where marketing comes in.  If done correctly, marketing can both expand your buyer base and entice your previous customers to make another purchase. Though some strategies require an investment, the increase in […]

Posted in Industry Trends Continue Reading...

The Impact of COVID-19 on the Reselling Industry [INFOGRAPHIC]

How has your business been impacted by COVID-19 pie chart

As COVID-19 continues to impact everyday life, business owners are feeling the consequences. Each industry is experiencing unique challenges that threaten the livelihood of once-stable businesses.  Reselling is among them. With more Americans staying home and watching what they spend, the typical demand for certain products is shifting. And with COVID-19’s closure of retail stores, thrift shops, and flea markets, those who relied on in-person sourcing are turning to other options.  We surveyed more than 400 BULQ customers about their […]

Posted in Industry Trends Continue Reading...

3 Low (or No) Cost Ways to Source Inventory at Home

Woman folding clothes

With COVID-19 keeping everyone at home, sourcing inventory for online reselling might be a little trickier. Brick-and-mortar retailers, flea markets, garage sales, and thrift stores are all shutting their doors, making those awesome finds harder to come by. And with 82% of resellers reporting slower sales since the outbreak, you might be working with a limited budget, too.  But, did you know there are ways to source high-quality reselling inventory without leaving home? These methods can save both time and […]

Posted in Industry Trends, Reselling Basics Continue Reading...