Finding the best suppliers of clearance stock

Planning to open your own retail business? Start by finding the best suppliers of clearance stock for the products you would like to sell. In the business to business market you will find suppliers specializing in niche products such as wholesale appliances, consumer electronics, DIY, fashion etc. or in special clearance stock categories such as raw returns, refurbished, first and second choice product lines from manufacturers and retailers.

You can search and connect with these suppliers at industry trade shows, by subscribing to trade magazines in your local market or by actively looking for company contact details on the web.

Online research of clearance stock suppliers

You will be able to find very helpful online resources of clearance stock suppliers on your local market, by searching through local business directories and online wholesale magazines like The Trader directory in the UK.

When targeting suppliers of clearance stock from other countries, international B2B marketplaces such as Tradekey.com are a good way to start, as they are real trading hubs where suppliers provide verified company information and where multiple options exist for checking the clearance stock you are interested in purchasing: full contact details, virtual showrooms, virtual showcases and virtual trade shows.

If you choose to work with dedicated global suppliers, the Internet offers many opportunities for uncovering and connecting with suppliers and big distribution companies. Britcom for instance is a recognized supplier of wholesale appliances and other stock categories, specializing in specific stock clearance solutions, such as raw returns and refurbished consumer goods. Acting as a supplier of pre-owned refurbished wholesale appliances but also offering clearance stock from big manufacturers and retailers throughout Europe, this company is a first hand supplier of wholesale deals that will give your retail business an important push start.

Find these types of suppliers of clearance stock directly on the web - most of them have a visible online presence with their own company websites and even online “shops” - or on niche social networks, forums and online marketplaces.

Verify your clearance stock suppliers

Make sure you are making secure wholesale purchases by verifying these suppliers’ credentials, the actual condition of the stock and availability before starting to order. Look for details such as company address and VAT number, size of the company, online presence, pictures of the goods, stock condition and product technical details. Get to know the supplier before engaging in a transaction and also try to build a long term relationship with the suppliers of clearance stock you can trust - this will secure you the best quality products and even better exclusive deals in the future.