Posted on: 31 January 2022
Online liquidation sales are big selling events where retailers tend to sell big lots of various items. You may be able to buy a whole crate of one type of product, or sometimes, a box containing multiple different types of products. You almost always are required to buy large quantities of items in order to participate at all. So, why would anyone buy from such a sale? Surely, you don't need 600 bath towels or 5,500 butterfly stickers for your own, private use at home. But there are a few reasons you may want to shop an online liquidation sale. Take a look.
Buy a stockpile of items to resell.
You can make a surprising amount of money by reselling items online. At a liquidation sale, you can usually get things very, very cheaply because you are buying in bulk from a no-frills retailer. You can then sell the items individually, marking them up to make a profit. For instance, you might buy a box of 100 shirts for $200, and then you can sell each shirt for $10 — still a very reasonable price — and make $800 profit for your time and effort.
Buy a large number of items to give as gifts.
Perhaps you're a teacher with 100 students who you would like to give something small for the holidays. Or maybe you own your own company and want to give your employees a small thank you gift. If you can manage to find the right item at a liquidation sale, you can save a lot of money by buying in bulk. Versatile items that everyone needs or can use, such as dish towels, candles, and scented soaps, are good to buy in this way.
Buy items to donate.
If you want to give back and do something kind for others, then you could shop a liquidation sale for items that would be useful to those in need. For example, buying 100 pairs of socks and donating them to a homeless shelter is a lovely gesture. Or maybe you find a box of 100 scented lotions for sale, and you can donate them to a local women's shelter. This is a great way to make your giving go further since the prices are so low.
You may not need a large number of liquidated items for your own home, but that doesn't mean you can't shop a liquidation sale. You may want to shop for one of the purposes above.Share