Liquidation lots contain a bit of everything. Of course, within a specific category and industry. But how do you know when a lot is valuable? And how do you know if it has the items you need?
In the case of shoes and accessories sellers or buyers, liquidation lots contain hidden gems many ignore. They are usually mixed with apparel and clothing, but easily found when you read the manifest of your lots.
These gems range from designer shoes to luxury handbags and jewelry pieces. While several manifests won’t be specific about the item, you can be it will be worth it.
What you need to check, along with the manifest, is the condition of each item. If this is not included in the main documentation, make sure to request it.
There is a lot to go over when working with accessories on mixed liquidation pallets, or trying to go for profitable shoe liquidation.
At Coastal Surplus Solutions, we help you with the options, ideas, and how you can get your entire business running on these lots.
Take the time to discuss it and learn from us, starting right now.
High-Value Finds: All Luxury Brands and Mixed Lots
Shoes and accessories liquidation lots contain more than, well, shoes.
They contain hidden gems around handbags, specific bracelets that were thrown in there, and designer shoes from different names.
It all depends on how the pieces were moved.
What brands can you expect?
Coach, Nike, Michael Kors, and much more. They can appear on very mixed pallets, offering high resale value for savvy resellers.
However, don’t be misled by them.
Many of these finds can end up being a fiasco.
This is something to consider while working with any type of surplus goods or liquidation lots.
Authentication Process: Verifying Authenticity of Accessories
The problem is… you will never notice they are a fiasco until you authenticate and inspect them.
With handbags jewelry surplus goods and designer footwear, this step takes a lot more priority.
You always have to make sure to look for original tags, branded hardware, and serial numbers. Otherwise, you won’t be able to sell them, at least not as original pieces.
Use authentication apps if you are not entirely aware of how to identify them.
Third-party services like our support on logistics and other aspects will support you to get them inspected and reviewed well.
Not many suppliers provide clear provenance, so keeping this step alive is what leads to maximizing profits.
Resale Platforms: Best Channels for Shoes and Accessories
The most profitable channels for surplus footwear for resellers and accessories include eBay and Poshmark. However, options like Depop and The RealReal for luxury items work wonders as well.
Facebook Marketplace is a secondary platform for local customers, but it can be quite difficult to close sales without exposing yourself.
While it is effective for quick sales and cash flow, many people target luxury clothes, shoes, and accessories.
The ideal strategy is working with multiple channels, not only one.
Try to make it variable and work depending on your target audience and how it works.
You want to list everything accordingly, and ensure you don’t have to worry about disputes and how everything works.
Luxury items are always tricky to move, but focus on reliable platforms before jumping to anything else.
Profit Example: $500 Mixed Lot Yields $2k in Accessories Sales
While several liquidation lots won’t come as a fortune, they move quickly. The best benefit is that they don’t have to cost a fortune either to start a business around them.
A good example is how a reseller purchased a $500 mixed liquidation pallet containing shoes, handbags, and costume jewelry.
After reviewing the items, authenticating them, and listing each piece on two platforms (eBay and Poshmark), the reseller was able to see the profits.
She sold several pairs of designer shoes and a Coach handbag, netting $2.000 in total sales.
While this seems little, the small pieces were valuable as a whole. This was a 4x return on her initial investment, bringing everything to place.
How Our Team Helps you with it
At Coastal Surplus Solutions, we like following the circular economy.
Going over liquidation lots and relying on profitable shoe liquidation is a benefit to even build your reputation.
As mentioned by the Green Living Blog, sustainability and green practices already bring benefit to cost reductions and reputation enhancement.
We are here to help you by connecting with those goods and make your plan profitable.
Feel free to contact us and have our team work with you.
