Loading... Please wait...
  • CALL US ON
  • My Account

Blog - Shelf Pulls

Used is not a dirty word anymore.

Posted by

We previously looked at the world of fast disposable fashion and how its fortunes have suffered of late as a result of changing consumer spending habits, changes in tastes and A growing awareness of the true cost of fast fashion. Now there is emerging evidence that the industry is under threat from yet another direction and that is the increasing popularity of second-hand clothing. Second-hand has gotten a significant boost in prestige in recent years. It’s not relegated to dusty thrift stores anymore it’s gone mainstream and high tech too, look at sites like threadUP, Poshmark, and the RealReal which have become wildly popular and specialize almost exclusively in second-hand clothing be it everyday apparel or top of the line designer brands. It’s estimated that the second-hand apparel market was worth about 24 Billion dollars in sales in 2018 compared to fast fashions total of about $35 billion. The second-hand market is expected to more than double over the next ten years to an estimated 64 billion according to retail analytics firm Global Data. It’s evident that second-hand is slowly siphoning off sales from fast fashion retailers but what’s the appeal with second-hand? For starters a plethora of options, you’re not just stuck with the limited options that the fast fashion retailer has to offer this season. Second, its affordability sure fast fashion is known for its affordability, but second-hand offers some higher end and often better quality items at similar fast fashion pricing. Last but not least it’s the environmental appeal that unwanted apparel is getting a second life and its one less garment being produced and one less piece of clothing not ending up in a landfill.

What does second-hand clothing have to do with sellers that specialize in reselling liquidation clothing? Consumers are far more willing than ever before to spend on items that are not deemed as first run items. This is a huge plus for resellers who focus primarily on customer return condition merchandise. No tags, no packaging no problem! As long as the quality and price are right, that’s not an issue. Customer returns are essentially first run second-hand goods maybe worn once and then returned, not like true second-hand which could be worn and washed multiple times. The best part, this trend is on the upswing, the demand is going to keep growing meaning increased sales with better margins. What is the key to success with this approach? Buy at the right price and the right items. Customer Return condition lot are discounted even more heavily than shelf Pulls often with higher dollar brand mixes. Look for that high demand, high dollar filled lots with the best possible pricing and take the plunge. Dirty or damaged items? Clean them up and prep them for resale it’s still possible to sell those high dollar items such as winter coats or designer handbags with some prepping and minor repairs.

Consumers are not turning their back on fashion and don't expect to see the fast fashion industry disappear overnight but there are clear signs that consumers realize the benefits of second-hand and that used should not be considered a dirty word. 

Check our our selection of Customer Return condition merchandise here

The future of online shopping is getting augmented(AR).

It looks good in the picture… but will it look good on you? That is the number one question faced by consumers when shopping online for clothing, accessories, and cosmetics.Facebook is in the process of fine-tuning some tech to answer this question so that you can make your next purchase from one of their advertising partners. You are probably [...]

Read More »


How, when and where to sell customer returns

Customer return lots can be tricky for the inexperienced seller. That’s why we strongly encourage beginners or those new to liquidation merchandise to stick with shelf pull condition lots. To the experienced seller though these lots can be quite profitable if you know how, when and where to sell these items.So you purchased a customer return lot, you have two [...]

Read More »


Don’t chase brands instead capture profits.

It’s the same question I hear on a daily basis, “can I just buy one brand?”. I get it, you know it’s a famous brand, and I understand the thinking because it’s a well-known brand it will sell. But there is a problem with this approach to liquidation, and I am here today to tell you that this is [...]

Read More »


Your New Year’s resolution! Launch a booming retail business in 2018!

I want to address those just thinking about starting their own business in the new year. For starters congratulations on taking that first step but now that you’re here what’s next? Let’s start by giving you a few pointers on how to begin. Don’t be afraid to ask a lot of questions- We love when new customers have a [...]

Read More »


One way to diversify your retail/E-commerce business, grow your customers and profits.

Ever talk to an accountant or a financial advisor? Heck you have probably gotten this bit of advice from financial talking heads on TV and it can be summed up in one word… diversify! There’s a lot to be said for diversification in any type of business and resale is no different. Whether you’re a grizzled veteran with years [...]

Read More »


Uh Oh! what to do when something goes wrong with your order

Your order has arrived yay! Since you already read our blog on receiving your order you are all set and know what to do. You got your manifest handy and are checking your order in and uh oh, damaged items on a shelf pull condition lot or missing items on either a shelf pull or a customer return condition lot. [...]

Read More »


How to select a lot that is right for your business?

Picking a lot can be intimidating if it’s your first time don’t feel bad or get overwhelmed, sometimes seasoned veterans of liquidation merchandise have a difficult time finding lots that work for their business. There are a lot of variables to consider and a ton of lots to choose from in many different categories, it can be difficult to know [...]

Read More »


Understanding merchandise condition

Seems like every trade or profession in the world has its own unique set of technical jargon and yes the liquidation industry is no different. While there are a plethora of terms regarding everything from shipping to payments we are going to address today the various terms for category conditions.Closeouts - Excess merchandise from either a retailer, wholesaler or manufacturer. Typically [...]

Read More »


Are you shopping smart with inventory alerts?

Are you looking for that perfect lot? That elusive lot with just the right mix of brand names you know will sell fast? Each week hundreds of new lots are added to the site and keeping up with all the new merchandise can be time consuming. Don’t you wish you had a way to know when [...]

Read More »



 

Categories

View all categories

Recent Updates

Connect with us

Newsletter