Where Can You Buy Clearance Stock?

Clearance stock is inventory that didn't sell initially online or in-store, is short-dated, or is damaged in some way. To generate cash flow and free up storage space, retailers will try to sell these items at a lower cost to speed up sales. One of the main reasons businesses are wanting to sell their clearance stock fast is to free up storage space for new inventory as the current inventory has failed to sell which will be costing them to hold.

Who is clearance stock good for?

Any business owner is always looking for ways to save money and time. Purchasing clearance stock is a way of saving money as it is usually below wholesale price. Businesses who would benefit from purchasing clearance stock are:

• Sole traders
• Pound store owners
• Convenience stores owners
• eCommerce businesses
• Bulk buyers for:

• Flea markets
• Car boot sales

Tips for buying clearance stock 

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• Get VAT registered. To buy clearance stock you must be a registered business, and charge your customers VAT when they purchase goods.
• Pick the right category. Don't purchase goods you know nothing about or may have trouble re-selling. If it's a product you haven't dealt with before you may not know what to look for in terms of product specs and parts. 
• Always calculate the potential profits, look at what the going rate is for that exact product, and do research into the market. When doing this make sure to calculate any shipping costs. 
• Learn how to use inventory management systems like Shopify (add products, adjust inventory levels, and see when something is about to sell out) and QuickBooks (Helps you take control of invoicing, expenses, and taxes (VAT and payroll). 

Where can you find clearance stock?

We as a company purchase clearance stock and re-sell it on our sister site www.anystockseller.com where you can find a variety of pallets and joblots. Once you have registered your trade account you will get full access to view stock and will be asked to join a private WhatsApp broadcasting list to be directly sent exclusive offers. 

You can also find clearance stock on eBay, wholesalers, and private marketplaces.   

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