Sell discounted products at a retail store

aghamir

Hi guys,

I joined Salehoo yesterday and I am exited to be here. OK, time for my question. I know you guys sell on Ebay but can I buy liquidation products and sell them at a retail store. I am thinking about opening up a new store, and even though I know it's a tough time for retailing, I still believe that since:

1- my store will be the only one in downtown (US city with 70000 population) selling discounted products

2- low/medium people will find high-end products at very discounted prices

3- people will buy products at Ebay's price saving on shipments

Am I missing something here or should I just pursue my project?

I will also be selling online on my own website. One last question:

Can I sell discounted products bought from Macy's and sell them at the store as being from Macy's; is this legal or not in the US?

thanks guys in advance.

-A

fudjj

No problems about selling liquidated stock in a an offline retail format, in fact if you can generate good walk in traffic, you will be able to get higher prices than those on ebay.

I don't just mean saving the shipping, but people will pay a premium to touch and be able to purchase the product there and then. Backing your shop up with your own website is the perfect offline marketing strategy in my opinion.

It gives you a 24 hour sales staff, with the option of being able to drop into your store during trading hours to confirm the purchase if they wish.

Of course in this situation, marketing your own website is a lot easier as well.

As for selling items with retail branding, I am not 100% sure with the legals in the US at this point, but my belief is that you are not. It may also depend where you purchase the liquidated products from.

I know some liquidators that I know won't even mention the companies name in their advertising, it will be listed as K-@mt, or something similar.

I am actually trying to confirm that legal information myself at the moment.

Have you considered where you are going to source your products from, sounds like you are talking about a truck load to stock the shop, and retain enough to restock so your cash flow doesn't dry up in between loads.

aghamir

fudjj,

thanks for your reply I really appreciate it. I can afford to buy a truck load and I am still looking for a good supplier (I hope I didn't speak too early and that's why I've joined this network). I was looking at ppwdg.com, I know he is the moderator for this forum what do you think of his pallets and are they really worthed and from Macy's?

thanks again

-A

jimmy_huber

Can I sell discounted products bought from Macy's and sell them at the store as being from Macy's; is this legal or not in the US?

Actually you can not sell any Liquidated goods in a retail setting stating they are from Macy's. You can say names such as high end Retailer or such but you can not use Macys name. I actually have this in my Sales Defacing agreement you must sign when you order a truckload from Me. I have a contract directly with macys and this is one of their requirements. If I were to be sued by macys for infringement of this contract that suit would go right to you as you the buyer agreed to this in your sales agreement.

No retailer wants you to advertise where you got the liquidated merchandise.

But if your buyers want to know where you got them you can tell them you just cant specifically advertise in a retail setting.

I do have the ability to create a Macys truckload for $17,000 - $20,000 and they have on average $150,000 in products on them. I can also build your load closest to your location to save you shipping as I have Contracts with All the Macy's distribution Facilities in the USA.

If you want premium truckloads loaded with as Much as 3 Million in products we can build them as well but they will take us a week or so to get put together with Macys.

There are also several other companies we work with that have some great deals around $14,000 including Target, and Costco

Note: Costco does not remove electronics from their loads so they are one of the best in their Market range.

Big 5 Sporting goods is offering $10,000 Sporting goods truckloads right now stacked with over $100,000 in products and Double loads for $14,000 with over $200,000 in products FOB california.

fudjj

fudjj,
thanks for your reply I really appreciate it. I can afford to buy a truck load and I am still looking for a good supplier (I hope I didn't speak too early and that's why I've joined this network). I was looking at ppwdg.com, I know he is the moderator for this forum what do you think of his pallets and are they really worthed and from Macy's?
thanks again
-A

Jimmy seems to have answered your question pretty well, so I'll,leave you in his more than capable hands...lol

Good luck with the venture, and keep us posted, will be interesting to see how it all comes together for you.

I also have another supplier if you need more of a choice to get you started, non-manifested truckloads out of Cali. PM me if you need more info.

What part of the states is the shop going to be located?

Cheers

jillis2

I'm very curious as to the type of products you will be carrying - what is your target? Specialized or a bit of everything? I currently have a clothing boutique and am branching into the discounted clothing and accessories, so I'm interested in your thought process - always good to hear someone else's ideas!

aghamir

I am thinking about selling a bit of everything. My hope is that people would be more willing to buy high quality items at a very discounted prices.

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