Liquidation.com Review

As you might has guessed, Liquidation.com is all about buying liquidated products. These are products that usually fit into a number of categories:

1) Over-supply of new products

2) Shelf products that are being cycled out

3) Refurbished products

4) Surplus products

5) Close-out items

etc. etc. etc.

Most of these kind of products from from major national retailers, Fortune 500 Companies, Wholesalers, Liquidators, and Mid to Small size companies.

Because of the unpredictible nature of liquidated products, many are sold in the form of auctions. And there are plenty of places and websites to buy liquidation items. Liquidation.com is slightly different than your traditional auction website (like eBay)...and this is its strengths, too!

With most auction sites, your transaction is usually between a person or business and yourself. At liquidation.com, most of the products are warehoused and shipped by liquidation.com. Why does this matter?

Simple: Reliability, Security and Dependability

One of the biggest concerns about buying anything online is always reliability! Is the vendor or seller honest? Will I get my products? Is it safe to give out my credit card to anyone? With liquidation.com, you buy directly FROM liquidation.com. The product comes directly from them (in most cases), not the seller. The transaction is usually between you and liquidation.com. Knowing this will generate a sense of comfort and assurance that your large transaction purchases are not scams. Also realize that Liquidation.com is owned by Liquidity Services, Inc., a publically traded company on the NASDAQ stock exchange (LQDT). Liquidation.com also has a dispute department for products that are not received or damaged on delivery.

As for number of products, Liquidation.com usually has over 2000 auctions taking place per week. Both Fixed Price Auctions (similar to the eBay "Buy it Now" auction) and Standard Auctions are present. The bidding process is similar to bidding products on eBay, but a little bit smarter: there is an "anti-bid sniping" mechanism (this means that there is usually a 1 to 3 minute wait requirement between bids).

What about cost? To browse and even sign up for Liquidation.com as a buyer costs nothing. You only pay when you purchase auction items. The only additional fees are a 5% buyer's premium (of the product purchased...this is similar to a handling fee) and the shipping fees. Note that you can also search Liquidation.com by the location of their warehouses. If you live local to their warehouse, you may be given the option for pick-up, which would result in no shipping fees.

Understand that Liquidation.com is NOT a product sourcing solution. For most eCommerce businesses, having a solid and reliable product supplier is still necessary (and this is what a product like Worldwide Brands OneSource is invaluable). Liquidation.com is a great place to find product specials, free offers and limited-time auction products to supplement your current product sourcing efforts and website marketing strategies.

Sign up for Liquidation.com (it's free) to receive their weekly newsletters and product specials (plus, it prepares you to bid for products when the right one becomes available!).

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