Buying Mixed Lots: All You Need to Know – Part 1

Running your own business reselling merchandise can be a great option to help generate extra income on the side, but in time it can also become a profitable full-time job. The advantage of this business is that you can start small and in a niche market, giving you the time to build and scale your operation within your area.

Choosing what market to supply with products is a key part of any resale business. Not every new seller has market awareness or experience – so, where to begin? If you are not particularly knowledgeable or passionate about a certain type of product or brand, a good place to start is buying mixed lots. These are also known as general merchandise, and they can be used to test several types of markets at once.

What are mixed lots?

Mixed lots are comprised of liquidated merchandise that are often sold through liquidation companies. This type of merchandise comes mostly from overstock and a very small part of customer returned products. The great advantage of overstock is that these items are still in their original packaging and are basically brand new. You could see this type of merchandise as several samples of many types of products packed into a single lot.

Therefore, mixed lots are perfect for testing the market. You can list samples of various categories of products and see which ones sell faster, which ones provide the largest profit margin and which ones don’t sell at all. This can be the best investment in the research phase, prior to you committing to one type of merchandise, or one market. Usually, mixed lots are at the lowest end of the price spectrum, so the investment you make will be a low capital investment, with less risk, and maximum exposure to different markets.

You will learn from many of the products you receive what markets work for you. If products sell quickly, that is a great sign, if not – then you know not to invest there. Mixed lots of liquidation inventory are the fastest, and cheapest, way of testing so many markets at once.

There are several ways of sourcing mixed lots of merchandise for resale, but the one that will save you the most money is through liquidation sales.

In recent years, liquidation merchandise has become a great choice for resellers to boost their profits and raise their businesses to a new level. The price alone is a great advantage and can help ensure a significant profit margin. Mixed lots of liquidation merchandise additionally provide an advantage for those looking to test the potential of a variety of products and the demand in these markets.

So now that you have a basic understanding of the terms, it is time to find Amazon mixed lots merchandise at prices that will allow you to be competitive in any market.

Next week we’ll share where you should buy mixed Amazon lots and what are their advantages. Read here part 2 of this article!