Most people are only aware of the cheap inventory surplus in clothing and general merchandise. However, there is also a significant amount of inventory surplus in the pet industry. Today, I’ll explain to you how pet product inventory surplus comes into existence, how it is typically sold, and where you can purchase such inventory surplus. You’ll understand once I explain!
Firstly, I’d like to clarify that although I deal with factory inventory surplus, I’m not here to promote anything. I’m just sharing some insider secrets of this industry! If you find it reasonable, please consider giving a thumbs up.
Sources of Pet Product Inventory Surplus:
- Factory closures, store shutdowns, change of business direction, liquidation of goods.
- Foreign trade surplus: An order for 100,000 pieces, but 105,000 pieces are actually produced. The extra 5,000 pieces become inventory surplus.
- Customs auctions: Seized goods are auctioned at low prices.
- Bank auctions: Goods used to settle debts are auctioned at discounted prices.
- Customer order cancellation: Customers place orders, but after production, they abandon the deposit and goods.
- Cash flow optimization: Some products are sold at discounted prices to raise funds.
- Excess inventory due to overstocking.
- Inventory generated from product upgrades or replacements.
- A large number of inventory surplus comes from the closure of e-commerce businesses.
There are numerous sources, and there is indeed a considerable amount of surplus inventory in the market!
Main Sales Channels for Inventory Surplus:
Domestic Sales: We primarily deal with wholesalers and live-streaming e-commerce platforms. Perhaps the products you buy are also inventory surplus. Many products seen in live streams are often discounted inventory and not regularly produced goods. There’s no difference in quality; they’re just goods from liquidated businesses.
Foreign Trade: Places like Africa, the Middle East, and Southeast Asia love buying inventory surplus because they can’t afford regular prices. Surplus inventory is perfect for them, so we often export it abroad. It’s not a high-end business, just a means to make a living.
How Regular Stores Can Purchase Inventory Surplus:
We all know that pet product inventory surplus tends to have better quality because it’s often foreign trade goods. So, how can you buy it? We usually deal with wholesalers, and by the time they resell, there’s little difference between the surplus and new goods. The key is to find first-hand inventory surplus suppliers. Prices are often half of the regular price or even lower, significantly below production costs. If you have a certain quantity, we may consider supplying you as well. However, I’m not promoting here, and the inventory sells well anyway. I just want to make more friends and help you connect with first-hand inventory surplus suppliers. But please be cautious and avoid untrustworthy individuals.
In conclusion, the pet product inventory surplus industry has been operating smoothly, but you may not be aware of it. Perhaps the products you’re using right now are surplus inventory. It’s essentially a treasure hunt industry!