Archive | Inventory Sourcing

Looking to find great inventory to sell to your customers? We can help. Learn how, what, and when to source goods for your reselling business.

6 Hidden Sourcing Costs and How to Avoid Them

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Both first-time sellers and seasoned pros know sourcing is an important part a reselling business. However, it can be difficult to find a balance between how much to spend vs. potential profits. Especially for newer sellers, hidden inventory sourcing costs can put you in the red if you don’t know what to look for.  Fortunately, when it comes to avoiding these sneaky charges, a little know-how can go a long way. Check out these 6 hidden sourcing costs and how […]

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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 […]

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Sourcing Inventory for COVID-19: Top Items to Sell Right Now

Sourcing inventory during COVID-19: Toys & Games

If you’ve had to shift your inventory sourcing strategy in the past few weeks due to COVID-19, you’re not alone. Americans are watching what they spend, leading many to shy away from those “nice-to-have” purchases. However, with people still spending most time at home, what’s deemed “essential” for these customers can go beyond the usual necessities. So, what product categories are resellers sourcing in this unprecedented time of COVID-19? Sourcing Inventory to Meet the COVID-19 Demand We surveyed more than […]

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The Importance of Price Per Item

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If you’ve ever looked at a BULQ Lot, you’ve probably noticed a few different details; total price, category, maybe the number of items in the box. But, have you ever considered how a Lot’s price per item could potentially affect your bottom line?  Price per item is a breakout of the average cost you pay for each item in a Lot. This is calculated by dividing a Lot’s total price (how much you’re paying for it + shipping costs – […]

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How to Read and Understand a BULQ Manifest

Two hands looking through a BULQ manifest

Even if you’re new to wholesale sourcing, you may know a manifest is an important tool for deciding what to purchase. But, what exactly is a manifest? A manifest for a wholesale lot — whether it’s for a case, pallet, or less-than-truckload (LTL) lot — is a document that details all of the inventory you’ll receive. Every BULQ lot comes with a BULQ manifest, and we guarantee 98% accuracy. The BULQ manifest is your best friend as you make your […]

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What Are Master Packs and How to Profit From Multiples

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Looking to flip brand-new apparel, toys, home goods, sourced directly from popular retailers? Want to save time on researching and merchandising tons of SKUs, so you can focus on optimizing other parts of your business? Then consider purchasing multiples of the same product with master packs. Master packs, also known as case packs or master cases, are multiples of single SKUs in bulk packaging. These highly sellable products — ranging from Apparel & Accessories and Toys & Baby, to General […]

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How and Why to Source Non-New Lots

Are You Limiting Your Profits by Only Sourcing Brand New Pallets?

Online selling beginners often make one limiting mistake. They’re only considering brand-new, sealed, in-box merchandise. And by doing that, they are missing out on opportunities for bigger profits and a bigger sourcing pipeline. BULQ sells liquidation goods by the case, pallet or multi-pallet bundle in the following conditions: Brand New, Like New, Uninspected Returns, Scratch & Dent, and Salvage. Here’s a closer look at these different kinds of wholesale lots, and how each represents a different business opportunity for the […]

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How to Take Advantage of Customer Returns

How to Take Advantage of Customer Returns

What happens when a customer returns an item to a retailer? In many instances, you get a new opportunity as a reseller. Last year, U.S. consumers returned approximately $260 billion worth of merchandise, according to the National Retail Federation. Often, these items are returned only due to buyer’s remorse. Shoppers might be enticed by the latest tablet release or splurge on a pair of pricey pumps. Not long after these purchases, many consumers begin to question whether they really have a […]

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A Guide to Gated Merchandise on Amazon

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Gated, restricted, prohibited. These words mean, in their simplest form, “no” or “you can’t have”. They’re the last words any reseller wants to hear, because they limit what can and can’t be sold as part of their business. Unfortunately, these boundaries are unavoidable when selling on Amazon. There are currently 22 categories of goods on Amazon that are “gated”, meaning that they require express permission before selling. While frustrating, they are gated for a reason. Gating merchandise is meant to protect […]

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Investment Assessment: Retail Arbitrage vs. Buying Wholesale

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Buy low, sell high—that’s the investor’s motto. But investments are risky, and there’s no such thing as a sure bet. With that in mind, investors must balance the risk equation, using what they know about the market to inform their decisions about when to buy and when to sell. This is true of any type of investment, whether it be in property, the stock market, or—in the case of resellers—merchandise. Resellers operate on a much shorter timeline than most investors. […]

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