Wholesale Lots - Where To Sell Them

If you have too much merchandise that you cannot bother with by selling it piece by piece, then you may think that it is a good idea to sell it in bulk. The thing you need to know is the best place to sell wholesale lots, especially if you consider that things move too slow on eBay, where there are too many listings and you do not get too much visibility for that reason. Well, a good place to start is Liquidation Dot Com or lcom, an auction site that manages selling of surplus goods.

Here is how you do to put your goods up for selling. First you must put your articles on sell on lcom by submitting them, along with all the information needed, like descriptions, pictures or weight. The employees from the site will put an ad with your wholesale lot on lcom. When someone buys your lot, another company that takes care of shipping will get in contact with you so you can send the goods to the buyer. Practically, there is not a direct connection between you and your buyer, all being handled by the site.

What are the advantages of this system compared to eBay? You should know that any auction on lcom starts at 100 dollars. The fee charged by the site for a won auction is 15 percent of the entire price with a minimum of 150 dollars. This amount seems high, but think about how easy it is to sell a wholesale lot, as compared to eBay, where things move slower. Actually, you can sell as many wholesale lots as you want and you can make a bigger profit. You can get the money in about a week or up to ten days after the closing of the auction.

Sometimes, closed auctions can go into a dispute. This usually happens when the customer is not satisfied with the merchandise delivered. In such cases, the customers has two days after receiving the products to notify the site about the situation. After that, the matter is in the hands of lcom. If they decide that the products were, indeed, in poor condition, than the seller has his merchandise returned and he must pay the shipping from the site to the buyer and back, plus he must pay the 15 percent commission.

In order to prevent disputes from happening, here is a little trick. In lcom there are certain categories under which you can list your products. You can list them as new, shelf pull, used or salvage. The key to avoid your buyers from being disappointed in the quality of the products, list your products with one category below. For instance, if you sell items that were shelf pull, list them as used and you will not get into a dispute.

Even if you may think that people will tend to put less money on your auction because the products are listed as of a less quality than they are, the truth is this almost never happens. The final prices tend to be equal so you have practically two advantages: you limit disputes with the customers and they pay almost the same even if you listed your products one category below.

When you have wholesale lots that you need to get rid of and you have not managed to sell them on eBay, then try lcom. It can be the tight solution for your business.

Giovanna is a writer and publisher of Article Click. For more FREE articles for your ezine and websites visit - www.articleclick.com

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