Friday 21 October 2011

Buying Wholesale Appliances - Tips for getting started

Online retailers and distributors know that household appliances are one of the most popular niches they could invest in at any time. And this is because home comfort and home design have always been major topics in consumer trends, no matter the international economic and social landscape. Especially since big brand manufacturers keep investing early in innovations in their appliances lines and in support for wholesale appliances buyers and resellers.


wholesale appliances
If you would like to start your own business as a retailer or a reseller and you are looking for wholesale appliances offers, here are two very convenient ideas to get you started:

1. Liquidation stock offers

The web offers a variety of liquidation stock deals. You can easily find end of the line, excess stock and ex-display appliances wholesale lots on B2B trading platforms like Britcomdirect.com, big websites like Amazon and Ebay or on auctions websites like Liquidation.com and Overstock.com. Also don’t miss manufacturers’ own online and offline outlets where discounted liquidation lots might be available from time to time.



liquidation stock
The secret in the case of liquidation stock offers is to keep yourself updated on the latest offers and deals, as it is a fast-paced industry. This can easily be done in the online world by creating keyword alerts and watchlists for wholesale appliances on the most important of these websites.

Another important aspect of buying liquidation stock lots is to know exactly the packaging conditions of the appliances you are purchasing. Make sure to have as much product information and pictures as possible, even a downloadable manifest of the stock, when buying online wholesale appliances.  

2. Refurbished appliances


Refurbished appliances are customer returned items that have been fully tested, repaired and cleaned and are resold on the market with big discounts.



refurbished appliances
Refurbished appliances are always good deals because they bring huge savings and perfectly functional appliances to your end-users and good margins for your business. 

Whilst you can find good refurbished appliances in repair centers and at your local retail stores (big retail chains like Argos and Tesco provide these kind of products), the best quality refurbished appliances at the best wholesale prices can be found with authorized refurbishing factories that work closely with big brand names in the appliances industry and resell refurbished stock in massive quantities. Britcomdirect.com is for instance one of Europe’s largest processors of customer returns and has been specializing in refurbished appliances for over 7 years.  

Wholesale Stock Trading - The advantages of going online

When looking for suppliers of wholesale stock, having rapid access to accurate information in your niche industry is maybe the most important element for making the best deals for your business.

Finding price info and consumer trends, technical specs of products and identifying the most trustworthy suppliers out there, chasing after the best clearance stock offers and negotiating the best deals can be a rather difficult task in a trading world that grows by the minute.

This is were the Internet comes in handy with vast resources of information, from worldwide manufacturer surplus stock offers and trading clearance stock deals to refurbished or raw customer returned stock.

There are different types of online services that can help you:

1. Search for wholesale stock suppliers in your niche
A quick and simple search on Google is a good start for finding suppliers for the wholesale stock type of your interest. The result pages will allow you to have an idea of the biggest players in that niche and to browse through their websites, making a first list of potential suppliers of clearance and surplus stock.


2. Check your supplier’s credentials on the web
B2B trading marketplaces, like Alibaba, and online business directories, like The Wholesale Hub, are the places where you can find full contact details and background info for the suppliers you now have on your list. Most of these online services also provide systems of verifying the companies that are listed in their directories and contact forms that send your message directly to the person you are looking for.

Yet another level of security is offered by online trading platforms like Britcomdirect.com, where each of the suppliers’ offers is individually analyzed and verified before publishing, acting as agents in offering you the best deals from selected suppliers. SaleHoo is another verified supplier’s directory that also provides tips and tricks on how and where to buy and sell wholesale stock online.

3. Order wholesale stock online.

Decided what suppliers you would like to work with? It is now time to get some good deals. Even if most of the trading businesses around the world still communicate with their clients via simple mass e-mails, there are some wholesale companies based online that have taken stock clearance business to another level.

Wholesale auction sites are one of them, offering online bidding systems for clearance stock as well as for retail products. Liquidation.com and Ebay are just two of the most popular examples, where you can find wholesale lots from big suppliers in your industry or even from manufacturers.

Another type of online sale is presented by wholesale marketplaces like Zentrada where the publisher intermediates the online transactions between the seller and the buyer, acting as an extra warranty.

Britcomdirect.com brings a unique buying system that combines the classic shopping cart approach with the Best Offer model, a sale type that takes into consideration all offers made on a wholesale lot.

These are just a few of the advantages and solutions of going online when purchasing wholesale clearance stock. Start using them and they will definitely give you that extra edge your business needs, in no time.