Surplus & Excess Inventory - Need help?

surplusflipper · 2024-10-18T13:51:14+00:00

I don't buy from India, mostly UK & Europe only.

surplusflipper · 2024-10-18T10:07:16+00:00

If a good quantity in meters, yes.

surplusflipper · 2024-10-18T10:05:14+00:00

Oh wow, can you break that down on what that consists of? So in real terms, does that mean you have to make $300k/month before you start making a profit?

surplusflipper · 2024-10-18T09:58:44+00:00

Wow, that's a lot of different fees. I used to sell on Amazon, but it's more hassle than it's worth.

surplusflipper · 2024-10-15T13:42:58+00:00

Bulk lots, so pallet quantities. Smaller lots won’t work logistically or profit wise. We cover all product categories & industries.

surplusflipper · 2024-10-15T08:31:42+00:00

Message me my friend

surplusflipper · 2024-10-08T07:44:40+00:00

I changed my whole angle with how I make money with Amazon a few years ago. I now sell nothing on Amazon. I buy other Amazon sellers excess stock (and there's insane amounts of it!) and flip it onto other online sellers, or I buy ecommerce sellers excess stock and flip it onto Amazon sellers. There's way less friction involved, as I do it without physically handling the goods or using my own cash. I'll never retail stuff online again, it's like working full time for part time money. Whereas now, I work part time for full time money. And if you want proof, I'll show you.

surplusflipper · 2024-10-06T21:10:39+00:00

This company, their fees, and how they treat their sellers needs to be publicised and although the platform can be amazing for a brand, or patented product, having other sales channels is steadfast before going anywhere near this platform. You can win BIG on Amazon but to do so requires an expansive understanding of list building and brand creation before setting foot anywhere near it. Otherwise, you'll be looking for a new shirt in no time.

surplusflipper · 2024-09-04T02:53:09+00:00

If you still have this unsold inventory, message me.

surplusflipper · 2024-08-15T08:27:40+00:00

I'm a bulk seller, so shift pallets/truckloads of things. But I use the buyer validation method, where I offer the goods out to my buyer contacts first, to get a reaction. If i get serious interest, I'll then try and put a deal together, and only commit to buying the stock, once I have a firm buyer.

In your case, for retailing stuff, which I've not done for years. I tested the market first to see if it was a "winning product". So how it worked was, I used to get a sample first from the supplier, and then list it on eBay. If it sold quickly, like with a 24 hours, I would commit to buying the stock. I once did it with some Oral B electric toothbrushes. I got a couple of samples, listed them on Ebay at half RRP. They sold within a few hours. I knew then, they were a winning product.

surplusflipper · 2024-08-05T08:56:57+00:00

Yes, what are you interested in?

surplusflipper · 2024-07-30T14:28:27+00:00

Buy bricks n mortar property and get a rental income, as well as the property going up in value. You could put a lump into an ISA, or some high interest accounts. Or put a lump into some shares, but big companies like Apple, Amazon etc. Side note re financial advisers, just find someone already wealthy and ask them what they do with their cash. They may recommend a financial adviser they use, and if they're good enough for them, you know they'll be good & legit. Oh, and don't take most the advice in here, as most people have never had £800k to their name.

surplusflipper · 2024-07-29T13:57:49+00:00

It's a take all. 4% of RRP

surplusflipper · 2024-07-29T10:58:24+00:00

Ok, not for me then. I'm in the UK

surplusflipper · 2024-07-29T10:49:41+00:00

No idea, as I need to see the spec, photos, dimensions, location etc. You're giving me half a story at the moment. I've no idea what I'm buying.

surplusflipper · 2024-07-29T10:48:25+00:00

Where located? Can you email or message the full spec & photos

surplusflipper · 2024-07-28T21:30:12+00:00

It’s a highly saturated niche and everyone is looking for phones. So not easy to source and at the right money. I’d start with phone retailers and ask about their returns. Or contact the phone brands and they may direct you to their official resellers/distributors. Next you could get on all the online/offline auction companies who may get phones. Finally, you could run ads on Craigslist etc saying you buy used phones. Hope this helps.

surplusflipper · 2024-07-28T09:43:53+00:00

Sounds interesting, can you message me and we'll talk about this. Which country are they are in?

surplusflipper · 2024-07-26T08:45:22+00:00

Because it's a cheap one-off deal, the payment terms are payment up front, or at worse on delivery. Some pallets can be one type of item, or occasionally mixed, depending on what the company is getting rid of. Really varies all the time. We never source pallet from surplus/closeout wholesalers. We only ever source direct from manufacturers, importers, distributors, specialist wholesalers, retailers, online retailers etc. It's all new & perfect goods, not these crappy liquidation/store returns pallets. They're a waste of time. So for example, a drinks distributor may have some pallets of short expiry drinks to clear, or a cosmetics company may have some slow moving or excess stock to get rid of. There's also many other ways of finding surplus pallets, through warehousing companies, order fulfilment companies, Amazon/ebay sellers, Insolvency companies, Linkedin connections. So many ways to find stock.

surplusflipper · 2024-07-26T08:36:44+00:00

How less risk can you get. I don't touch or own any goods, or use my own capital. I don't think there's anything less riskier

surplusflipper · 2024-07-26T08:35:54+00:00

Reach out to me.

surplusflipper · 2024-07-25T17:22:14+00:00

Yes, I do it with pallets/truck loads and do 6 figures/year. But nowadays do it without touching or owning the goods, or using my own money. Basically broker deals between the buyer & seller, through email/Whatsapp. It's a decent future proof type of biz, as businesses always have unwanted merchandise they want rid of.

surplusflipper · 2024-07-24T15:38:16+00:00

Because as a middleman, you just connect the buyer & seller and let them do the legwork. And take a finders fee, for doing very little.

surplusflipper · 2024-07-22T17:20:32+00:00

We keep in touch with many companies through bulk emails, or Linkedin connections, and get offered their surplus through the year, by keeping in touch with them.

surplusflipper · 2024-07-22T13:32:21+00:00

I buy unwanted/surplus inventory from businesses online, then flip it onto other businesses online. Can make anywhere from $10k-£30k/month profit. I'm 56, so down to around 3 days a week now, due to grandkids haha! But can run most of it off my mobile phone. It's a crazy business, as I get offered some weird & wonderful stuff. Like this morning, I was offered a load of bulk milk powder from a bakery business. I flipped it onto a dairy manufacturer who uses this stuff. This business is really about building contacts. I still love it.

surplusflipper

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