Archive | Sourcing

We’re here to help you in the process of buying wholesale inventory. Learn how, what, and when to source goods for your business.

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

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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Tips for Reading a Wholesale Shipping Manifest

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Even if you’re new to sourcing liquidation goods, you know that the shipping 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 wholesale lot comes with one, and we guarantee 98% accuracy. The BULQ manifest is your best friend as you make […]

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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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Hidden Reseller Costs: Sourcing Edition

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Whether you’re a first-time reseller or a seasoned veteran, you know there are two important ratios to think of in this business: risk v.s. reward, and time v.s. money. The key is finding a balance between the two, spending your resources in proportion to your returns. Sourcing is one stage of the reselling process where finding this balance can be particularly challenging. Your sourcing strategy is arguably the make-or-break piece of your business, since what you source can leave you […]

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Investment Assessment: Thrifting/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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