Tag Archives | Sourcing inventory

5 Ways to Save Time When Sorting Inventory

How to sort through your pallet

New to sourcing wholesale cases or pallets? While buying in bulk can be cost-effective, knowing how to efficiently sort inventory is also a huge money-saving asset. If organizing hundreds of items sounds intimidating, never fear! Check out these 5 essential steps to create a smart and speedy inventory sorting process. 1. Prepare Your Space Before receiving inventory, be sure that you’ve properly cleared a space to process, sort, and store the products. Open, covered spaces (like garages) are ideal as […]

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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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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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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 […]

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BULQ Unboxed: Watching BULQ Reviews on YouTube

Unboxing

Did you know there are more than 650 BULQ unboxing videos on YouTube? If you’re considering buying from BULQ, watching a customer unboxing video is a great way to get a genuine, third-party opinion. But, with hundreds of videos to choose from, it can be hard to know where to begin. That’s why we’ve pulled together just a few BULQ unboxing videos to get you started. Check them out below! Unboxing Video of Uninspected Returns Toys & Baby Pallet by […]

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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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Delabeling Items for Resale: What You Need to Know

Green shirts hanging on a clothing rack

Ever come across a shirt with the inside label crossed out? Or see an item with the UPC blacked over? Delabeling, also referred to as defacing, is a process that some retailers require when selling their goods on the secondary market. For resellers, this merchandise can present a fantastic return on investment, as it’s often from well-known or high-end brands. However, it’s important to understand retailers’ policies when sourcing this type of inventory. Here are a few things to know […]

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3 Reasons to Source from Online Wholesalers

liquidationPallets

Are you looking to explore more efficient and cost-effective sourcing options for your reselling business? You’re probably already familiar with saving at bulk stores like BJ’s and Costco as a consumer. So, why not bring that strategy to your reselling business? Sourcing at the wholesale level can be a great way to expand operations, increase your inventory options, and save time and money. Here’s how sourcing wholesale goods online can benefit your business. 1. Save Time and Money When buying […]

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Sourcing for Spring 2020

Female shop owner showing woman spring themed headband

Spring has almost sprung! Time to turn the clocks forward, put away the sweaters and, for resellers, put that spring sourcing plan into action.  From sports memorabilia, to cleaning supplies, and even bathing suits, spring shoppers will be looking for seasonal items before you know it. That means it’s up to you to source these products and meet buyers’ demands before the season hits.  So, how can you figure out which products your customers will be searching for? That’s where […]

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4 Reselling Conferences and Trade Shows to Attend in 2020

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Pack your bags – it’s time to set your 2020 trade show and conference schedule! If you’ve never attended a conference or trade show before, you’re missing a great opportunity to grow your reselling business. Resellers attend these events to 1) explore new inventory sources and 2) add value to their selling channels (like Amazon, and Poshmark), and 3) network. Conferences and trade shows are full of great opportunities to meet with suppliers and other resellers for the chance to […]

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