If you are in the business of buying liquidation inventory, or have been considering getting into the business, get ready for the post-Christmas gold rush.
As the holidays pass and the buying spree of the American people comes to a close, everyone in the liquidation business begins to salivate over the coming tidal wave of returns. Online purchasing is estimated at $42.75 billion for the holidays, while total consumer spending was projected to hit $738 billion.
A rough, 'back-of-the-envelope' calculation suggests returns of somewhere in the 10%-20% range, which translates into $73.8 - $147.6 billion at retail value. That is a huge amount of product that will have to be resold somehow. While some will be sold directly to consumers, a huge amount of it will be sold in bulk to small resellers like us.
This will amount to billions of dollars worth of inventory. This is the currency of the post-holiday, liquidation gold rush. So find what you are looking for and grab your share!