Assessing Your Options for Selling Excess Inventory
There are a wide variety of reasons that a business would be in a position to sell excess inventory ranging from location consolidation, unsold holiday merchandise, and a number of others. The major question that most businesses have is whether they have the resources to sell it on their own or if they need the support of a professional inventory liquidator.
At Ideal Trading Corporation, we partner with businesses of all sizes in all types of business verticals who are looking to liquidate inventory. The reality is that they understand that the inventory is really just money that is tied up that could benefit the business in other more immediate ways when they sell it.
When you sell to us your excess inventory, there are a number of benefits that this can provide, which are spelled out here. While the expense of storing this excess inventory is costing your business money in many cases and posing a drain on profits, the costs in time, manpower, and additional expenses for selling it on your own are major deterrents for many businesses.
It’s not uncommon for a business to have an inaccurate assessment of the amount that they can make from liquidating their excess inventory. In some cases, the estimate is too high because it does not take into account the costs associated with seeking out buyers or creating a sale event via advertising and other means when they go it alone. Then of course there is the cost of storage until the inventory is sold, which can take some time in many cases.
Other businesses may assess the value of their excess inventory too low. This is often due to the fact that they have few resources available to them to sell the items. It can also be dependent on the types of items. For instance, excess holiday or seasonal items will need to be sold in the off season so as not to impact the sales of new merchandise sold during the peak seasons. This leads many businesses to assess a low dollar value to the merchandise as just one example.
What you may not have fully considered is that when you sell to us your excess inventory, Ideal Trading already has the established markets and avenues for obtaining the best price on reselling the inventory such as a liquidation auction. That enables us to provide your business with the best possible price in the shortest amount of time.
We want the businesses that partner with us to have total confidence in the choices that they make. That’s why we discuss all of your options with you and provide a written price within 24 hours of assessment. This enables you to do some comparison shopping for the best deal. We’ve been doing this with success and integrity for nearly 25 years, so we’re confident that we offer the highest value, the greatest return, and the simplest procedures for businesses wishing to sell excess inventory. The goal is to have as many options as possible to ensure the restoration of as much value as possible that can be derived from the liquidation process.
Ideal Trading Corp is a liquidation company in New Jersey that offers services for businesses to convert their assets to cash. With extensive experience in commercial liquidation and auctioning, we provide outstanding results for business owners who are going out of business, facing bankruptcy and more. 973.343.6684 – Contact us today!