Retailers, Wholesalers, Manufacturers Increase Profits And Cash Flow
Turn Your Excess Inventory Into Cash!
Powerful Liquidation Solutions for Furniture And Home Decor
To: Antique Store Owners, Furniture Dealers, Wholesalers and Freight Carriers:
Retailers are optimists by nature. You wouldn't believe it to talk to them but it's true. They keep hoping that they will have a run on their slow-moving merchandise. They are not willing to continue to drop their prices, because if they do, their cost of goods sold will go up, and their profits will go down. Their Balance Sheet will take a hit, and when that happens their ability to borrow suffers.
Having a Liquidation Sale or Auction at their location is out of the question, because their customers might get the wrong impression. So, month after month they sit on their inventory hoping it will sell. Their inventory turns slow down. Since cash is tied up in slow moving merchandise, they borrow more money to keep the business running. The balance sheet looks great because they have a large inventory asset, but eventually there is no cash to run the business. Why do most businesses fail? They run out of cash.
My Mobile Market Auctions Are Your Liquidation Solution
Liquidating inventory in your local market uses up your "ready-to-buy" market. It makes no difference whether you hold the sale yourself or consign your inventory to a local auctioneer, the result is the same: you burn through your customer base. What's needed for effective liquidation is NEW customers, not your existing customers. I find your new customers through my Mobile Market Auctions concept. My concept is simply this: I go where the new customers are. I "piggy-back" my auctions onto events where large numbers of people will already be gathering: Home Shows, Fairs, Resorts, Arts & Crafts Shows, etc. The attendees at these shows have come to shop, and I give them something to buy where they can name their own price. You move your inventory without losing a customer back home.
It Worked For Me, It Can Work for You
I owned two retail stores for fifteen years. I was in love with my inventory. I figured that if I didn't have an item in stock, I couldn't sell it. I wasn't just going to give my inventory away. Then cash started to get tight, and I started to look for liquidation solutions. I consigned a few items to the local auction house, and they sold quickly. The next day I phoned a prospect to follow up on a product inquiry, only to be told that they had purchased a suitable item at the auction house the previous day. My item. The one I consigned to the auction house. The one the customer didn't want to buy in my store because it "wasn't exactly what they were looking for". I had shot myself in the foot by consigning to the local auction house. I got rid of a slow moving item, but I lost my sale. What was the solution? I still needed to move my excess inventory, but I also needed to keep my customers and my profitable sales. That's when I realized I had to "take my show on the road".
Here's How Retailers Benefit From My Mobile Market Auctions:
They increase Inventory Turns
They increase Profits
They increase Cash Flow
They reduce the need for borrowing money
Their interest expense drops
They are open to buy new inventory
Consigning Your Inventory Is Easy
Whether your need is one-time or ongoing consigning your excess inventory, damaged freight, or estate property is easy. Send me an email, or call me at 276-730-5197. We'll discuss your situation CONFIDENTIALLY. You tell me what you hope to accomplish, and we'll discuss some strategy basics. Then, we'll get together and work out a plan. When your items are sold, you'll get a check. It's as easy as that.
Don't you owe it to yourself...your business...your employees...to call today?
Wayne calling bids at an Art Auction
Retailers ! Looking For A Market For Your Unsold Inventory? This Software Locates The Untapped Demand On eBay!
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Read Wayne's Guest Column in
"It's not often a column stops me in my tracks. Wayne Jordan's guest column in this weeks issue of Antique Trader was one of them."
