1)     Identify sort by grade/value: Cheap or obviously damaged items are either sent to a local discount store partner or disposed of.

2)     Online Resale: Items are tested and sorted for Amazon FBA, FBM, eBay, and any other online platforms we choose (such as Facebook, TikTok, Whatnot, etc) for individual or small lot sales. Our business never lists items as "New" on Amazon, and all sales are conducted through our online store accounts.

3)     Some items, especially case-packed new inventory, are offered to select wholesale buyers if there is serious interest.

4)     On a regular basis, any remaining items are gradually sent to our partner discount store. The partner discount store may either pay outright for the items or utilize a bin store model where the price is not fixed; instead, the price decreases every day until the items are sold (like a reverse auction).

1) Client reaches out to SSO and shares what they desire to liquidate, including ASINs, quantities, locations, and any available pallet-level details.

 

2) SSO sends an information packet and either approve clients we believe we can assist or provide alternative recommendations.

 

3) Client creates an online account on our website and may be asked to connect their Amazon account to our software. Clients may also gain access to a shared Google Doc for additional record-keeping purposes.

 

4) Client fills out the Consignment Agreement via DocuSign.

 

5) Client shares Payment Info.

 

6) Client receives the necessary information to ship the products from either Amazon's warehouse, their own warehouse, or their 3PL's warehouse.

 

7) Client can send their products at any time or establish a regular shipping schedule from Amazon.

 

8) Client will receive monthly statements detailing all items sold and applicable fees. They will also receive payments through PayPal or wire transfer.

We do not guarantee specific payouts for items sent to us in the Consignment Program. There are many ways to liquidate items, but we have found and will continue to refine the one that balances maximizing payouts with speed of resale. Either way, items are sold over weeks to months.

 

Our consignment fee structure and business is built to help sellers capture more money for the more valuable items while allowing us as a company to cover the higher costs of selling cheaper products.

 

Here are some key factors that will affect the outcome of liquidating your items with us:

1)     Returns vs. Excess Product: Returns generally contain a mix of conditions and values. We can predict with some regularity that the best items above $30 in retail value will often pay out well while all other returns tend to sell for much less through local channels.

Excess products, on the other hand, are typically liquidated due to slow online sales. Their value depends more on local demand and the liquidation market.

 

2)     Category and Specificity: Highly niche items can be consistently resold back online as “used” under the Amazon listing if they are above $30 in retail value and in good enough condition. However, they generally demand less in local sales compared to everyday items leading to low sell through and low prices.

Some categories (like clothing) are also sold for much less on the secondary market because other retailers (like Target or Walmart) have flooded the liquidation industry with their excess inventory.

 

3)     Retail Value, Size, and Value Density: Bulky items may incur high shipping costs to our facility, making it impractical for clients to recover the costs. Focus on shipping high-value, desirable items that are smaller to reduce per-unit shipping costs. Efficient pallet packing or direct shipment from Amazon's warehouses can yield the lowest shipping cost.

Onboarding is Fast

 

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Higher Payout than using Amazon's Liquidations Alone

 

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