In the world of liquidation, knowledge is stronger than power, but sometimes, mystery can be a bigger margin. If a reseller gets inventory from us at Quicklotz, the important choice they must make is between manifested and unmanifested truckload.
Both have different benefits depending on your business models, risk tolerance and processing capabilities. Learning to differentiate between them will allow you to get the maximum return on investment.
A Step-by-Step Formula for Calculating Liquidation ROI
A Step-by-Step Formula for Calculating Liquidation ROI
The key difference is in the details. The manifested truckloads carries with it a record (a manifest) of what exactly lies inside. This is usually a spreadsheet that includes the name of the thing sold, UPC code, the new retail price (MSRP), and quantity. You also have exactly what you are purchasing before you pay a penny. There's little in the way of guesswork here, so you can see the risk.
An unmanifested truckload, on the other hand, is a 'blind' transaction. You purchase a lot of things – many of them raw returns or shelf pulls – and do not have a particular itemized list. You could know the retailer (Target, Amazon, Lowe's) and the general category (apparel or general merchandise), but the detailed contents are murky. Since you cannot know exact profit margins ahead of time, the risk profile is higher. But to account for this risk, the price on sale is almost always much lower.
When to Choose Unmanifested: The Potential for Extreme Profit
When to Choose Unmanifested: The Potential for Extreme Profit
Why does mystery matter to a business more than clarity? The answer is simple: Cost per unit. Unmanifested lots are the bread and butter of Bin Stores and high-volume discount stores, as these are the loads sold flat per truck or pallet rather than as a percentage of MSRP, the cost per item can be pennies on the dollar.
When to Choose Manifested: Predictable Inventory and Low Risk
When to Choose Manifested: Predictable Inventory and Low Risk
Risk e-commerce sellers (eBay, Poshmark, Amazon FBA) and the owners of boutique outlets that are looking to buy specific inventory tend to do better with this option.
Tools and Techniques for Sorting an Unmanifested Lot
Tools and Techniques for Sorting an Unmanifested Lot
Efficiency is your friend if you choose to dive headlong into unmanifested wholesale merchandise liquidations. You would require a system to get through the confusion in good time.
At Quicklotz, we're giving every reseller the options they need. Whether you want the security that comes with a manifest or the excitement of the free-wheeling treasure hunt, we have the inventory to help power your business.
