Getting ready to make your first BULQ® purchase? We’re here to help! Check out these 6 tips to make the most of your first BULQ buy.
1. Start Small
While it can be tempting to make a large purchase, veteran BULQ buyers suggest starting small with the purchase of a single case to familiarize yourself with the inventory and buying process. BULQ cases measure approximately 24”x20”x23”, weigh less than 60lbs, and ship UPS ground for a flat rate of $30 (included in the listed price). Cases can be delivered to most residences in the U.S.
2. Condition Matters
Lots on BULQ come in 5 different conditions: Brand New, Like New, Uninspected Returns, Scratch and Dent, and Salvage. It’s important to educate yourself on these conditions before making your first purchase so you know what to expect. For instance, Uninspected Returns lots include items that range in condition from Brand New to Salvage, while Brand New lots will include items have never been opened and are fully functional.
3. Stick to Your Comfort Zone
With an average of 3,000 lots listed on BULQ at a given time, it can feel overwhelming to find the lot that’s right for you. The easiest, and likely most successful, option is to start by sourcing from a category and condition you’re familiar with. If you’re new to reselling, we recommend starting with a case of Brand New items in a category you know well.
You can filter by condition and category using the navigation at the top of BULQ.com or in the BULQ App. You can also set inventory preferences to get alerts when new lots are listed in the category and condition you prefer.
4. Read the Manifest
Once you’ve found lots that appeal to you, review the manifest to take a deeper look at what’s inside. Every lot on BULQ is fully manifested, which means you can see information on every item in the box. This includes brand names, product names/descriptions, categories, stock images, ASINs (when available), UPCs, and quantities. Knowing this information ahead of time can be hugely valuable in making an estimate of potential profits.
Manifests can be found under the “Lot Details” section when you click into each lot on both BULQ.com and the BULQ App. Here is a helpful video for navigating the BULQ manifest.
5. Know Where You Can Sell
As you look through the manifests, think about each lot holistically. Consider all of the channels you could potentially sell the inventory on. If you sell on Amazon, familiarize yourself with what categories you’re un-gated in. It’s also worth thinking about which channels you could potentially cross-list items on, to get more visibility on your listings.
Learn more about selling on eBay, Amazon and alternative marketplaces by checking out our Reseller Basics Video Guide!
6. The BULQ Promise and Customer Care are Here to Help!
First-time buyers are often unaware of BULQ’s dedicated Customer Care Team and 98% Manifest Guarantee. If something in your order is missing or not in the promised condition, contact firstname.lastname@example.org to file a claim. Keep in mind, claims must be filed within 7 days of delivery. We also recommend reviewing the terms of purchase on BULQ to ensure you have clear expectations about our claims process.
Pro Tip: A great way to prepare for your first order is to watch one of the thousands of BULQ Unboxing Videos on YouTube! Watch some of our favorites here!