There's a ton of profit being lost by companies that don't use a CC to handle their overstock or leftovers. They might have to often end up doing a ton of work trying to figure out how to sell things, only to find that they never manage to improve their leftover percentage or reduce it in a significant way.
However, don't take this to mean that getting a good closeout company is so important that you need to travel for miles to connect to one. If there's a good one 2 states away, that's entirely impractical, so don't even consider it. A bad one nearby is far more practical than a good one far away.
This is in addition to the regular kind of overstock, which is where you have stock in your warehouse that has stopped selling. Warehousing is for a product you have too much of at the given time, but it's selling so strongly, you do not expect it to ever turn into a leftover.
You want to know all of their payment policies without apology. You want to be told exactly what happens in each possible scenario. And you also want them to guarantee their cash flow. You don't want any nasty payment or cash flow surprises! Don't even do business with people who won't make a guarantee to you. This will not be smart in the end.
And also ask about how their transport works. How often can they come over to your place to pick up stuff, and in which scenarios will you have to go and drop off overstock at their place yourself? Ask these important questions before you make final decisions. And good luck to you.
However, don't take this to mean that getting a good closeout company is so important that you need to travel for miles to connect to one. If there's a good one 2 states away, that's entirely impractical, so don't even consider it. A bad one nearby is far more practical than a good one far away.
This is in addition to the regular kind of overstock, which is where you have stock in your warehouse that has stopped selling. Warehousing is for a product you have too much of at the given time, but it's selling so strongly, you do not expect it to ever turn into a leftover.
You want to know all of their payment policies without apology. You want to be told exactly what happens in each possible scenario. And you also want them to guarantee their cash flow. You don't want any nasty payment or cash flow surprises! Don't even do business with people who won't make a guarantee to you. This will not be smart in the end.
And also ask about how their transport works. How often can they come over to your place to pick up stuff, and in which scenarios will you have to go and drop off overstock at their place yourself? Ask these important questions before you make final decisions. And good luck to you.
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If you really would like to submit inventory, all you have to do is fill out a vendor's form. Here is an instance: http://www.merchandiseusa.com/submit_inventory.php. If you require more help, just look at their detailed testimonials: http://www.merchandiseusa.com/testimonials.php. I do wish you the best!
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