Flea market vendors who are looking for a good bargain on products, now is the time to act! January is a huge month for holiday returns, with retailers sending truckloads of returned products, some that are even still in the original packaging, to closeout and liquidation companies. These companies will then sell those products to buyers for half the price or less, you just have to know where to look.
Closeout merchandise can offer flea market and swap meet vendors an opportunity to sell products at low prices and make big profits in the process. Liquidations can be particularly attractive because the products are generally sold at well under regular wholesale prices. Most of the time this merchandise comes from companies going out of business, changing product lines or reducing surplus stock to make room for new merchandise.
Working with Closeouts & Liquidations
At this time of year, holiday returns are the biggest reason for closeout merchandise, which gives vendors the ultimate opportunity to snag name brand, high quality goods at a fraction of the regular price. Most closeout and liquidation company websites will have the product information available for you to see, such as Direct Liquidation and All Stars Wholesale. Some companies will require you to call them to get merchandise information.
To get the most bang for your buck, mixed pallets are the way to go. These pallets contain a mixture of new and returned merchandise, with retail tags still left on most of the packages. Vendors can buy these pallets for pennies on the dollar, sell each product for half of the ticket price, and make a huge profit. The Bargain Warehouse is a great place to get mixed merchandise pallets. They don’t sift through the merchandise, leaving the pallets as is and selling them for super cheap, so their customers can get the most out of their dollar.
Auctions Are A Hot Buying Trend
Auctions are another buying option that is gaining in popularity among flea market vendors. It’s a great way to meet with the companies in person, view the merchandise you’re looking to buy, and make connections. Rogers Community Auction & Open Air Market in Ohio holds weekly, monthly and specialty auctions to suit all kinds of buyers.
Rogers Community Auction offers weekly Wednesday Hay & Grain Auctions starting at 1pm, weekly Friday Miscellaneous or Baked Goods, Fresh Eggs, Plant & Product Auctions starting at 5pm, Spring Plant Auctions, weekly Friday Small Livestock Auctions starting at 6pm, and monthly Second Tuesday Consignment Auctions.
AJ Willner Auctions is another great resource. To see what merchandise they have to offer at their auctions, simply visit their website and browse. They offer a wide variety of products, including commercial and industrial material auctions, bankruptcy liquidations, real estate auctions, and business sales. With offices in northern New Jersey and now Phoenix, Arizona, they work with clients on a national scale.
Finding The Right Companies
Closeouts, liquidations and auctions are a great way to start the new year off right and make a big profit. The Merchandiser Group’s list of reputable suppliers will suit all of your needs when restocking your business.
Direct Liquidation LLP
20200 W Dixie Highway Suite 1005
Aventura, FL 33180
All Stars Wholesale
235 Giles Industrial Dr
Tazewell, Tennessee 37879
The Bargain Warehouse
5033 Dick Pond Rd
Myrtle Beach, South Carolina 29588
Rogers Community Auction & Open Air Market
45625 St. Rt. 154
Rogers, OH 44455
AJ Willner Auctions dba Ideal Trading Corp.
Northern New Jersey – Executive Offices & Liquidation Center
81 Hamburg Turnpike
Riverdale, New Jersey 07457
20118 North 67th Avenue Suite 300-330
Glendale, Arizona 85308