A stock lot sale is something that is sold in bulk by its weight or quantity. These items can range in quality from brand new to waste material. As an importer stock lot sales can help you in a number of ways. What are stock lots is something every importer needs to keep in mind before they decide to start importing goods from a stock lots exporter.
Firstly you need to understand your requirements well and decide what you could sell best.
What Are Stock Lots?
As an importer, you need to be ready to import a large quantity from a stock lot sale. Stock lots include a wide variety of goods. For example:
- Linen fabric rolls
- Carpet rolls
- T-shirt fabrics
- Leatherette rolls
- Curtain rolls
- And much more!
These products purchased at bulk prices can boost your sales profits. Once you’ve decided what you want to import, you need to figure out how you will be selling the products. While some stock lot exports deal in unfinished goods that you can convert into a finished product and sell, others could include finished goods that are new or used.
It is important to choose your product well, based on what you plan on selling.
Stock lots are perfect for manufacturers because they can provide one of the lowest-cost sources of goods. You can earn huge profits by creating products using unfinished goods. However, this will require time and additional investment.
Since you’ll be importing goods via a stocks lot exporter, your profit margins will go up. As a result, you can deliver a better quality finished goods and specialty products at lower prices as compared to the market.
Importing finished goods could also help you increase your profit margin. Most imported finished goods are used goods that can be reused. These goods can come with or without the original packaging and typically include a variety of styles, sizes, and patterns. Finished goods are ideal for resellers. When you purchase products at such a low cost you can in turn offer your buyers a lower price for the quantity and still make a good profit.
Finding The Best Stock Lots Exporter
There are a number of stock lots exporters you’ll find all over the world. Some of the best stock lots exporters are from the USA. Find an exporter that specializes in an industry with which you like to do business. For example, WorldWiseUSA.com has a long history of dealing with textiles.
Choosing an exporter from the USA comes with a number of advantages. Firstly, the quality of the products shipped in from the USA is much better as compared to the ones shipped in from other parts of the world. In addition, even used products from USA surplus always remain high quality and are perfect for reuse. Defects will be very few and hardly noticeable.
Stock lot sales are all about the best value for your money. Figure out which products or goods can yield you the maximum profit for you. Focus on discovering what works best in your target market or for your manufacturing purposes. Begin by importing a range of products, and then reorder the ones that work best. If you already know what products you are looking for, check out our available materials here:
- Building Materials
- Finished Goods, Canceled Orders, and Store Returns
- Bulk Clothing, Garments, and Shoes
WorldWiseUSA is a major stock lot exporter in the USA that exports various kinds of textiles and finished goods and other materials to countries all over the world.
What Stock Lots Can I Buy?
Any items you can think of can be bought in stocklots. From textiles to construction materials to paper goods. Vehicles, hardware, machinery, the list goes on and on.
Regardless of your type of business, your area of expertise, you should consider buying goods in bulk as it increases your chances of making a larger profit.
Which Countries Need Stocklots?
The countries that need stocklots the most are countries that are low in manufacturing. So many countries do not have factories that produce large quantities of items such as vinyl or lycra or rubber products. Those countries must import goods as they are not set up to manufacture many items that are needed in good quantity.
If you are in a country with low manufacturing production you are set up very well to start a stocklot importing business and find nice profits. Because your country does not produce the item you are importing you have the opportunity to be the holder of much-needed goods in your country.
This allows you to have leverage with your potential customers and gives you an opportunity to set the price.