Where Passion Meets Profit
Blog post by TDW Closeouts on 6-Sep-2023 at 7:43 pm Eastern Time
Wholesale liquidation websites are superheroes for both retailers seeking an avenue to offload excess inventory and resellers aiming to source quality products at bargain prices. However, not all wholesale liquidation websites are of the same quality. Many wholesale liquidation websites do some shady stuff. Some misrepresent their products, lack transparency, have poor quality items, inadequate customer service, amongst other issues.
That's why it's important for us to dive into the very best wholesale liquidation websites, so you could avoid all of these issues and maximize your potential for success. By focusing on reputable and trustworthy sites, you not only protect your investment but you also ensure that you're sourcing quality products that can yield your business substantial profits.
So, without further ado, let's dive into the best wholesale liquidation websites.
Before we dive into the best websites, let's talk about what makes for a good wholesale liquidation website.
This is about websites. So, the website needs to be user friendly. Everything needs to be easy to find,navigate, and understand. A seamless user experience, from browsing products to making a purchase, is important.
Transparency could be tied into many different aspects of the business including products, pricing, sourcing, and customer service.
If something goes wrong with an order, the best wholesale liquidation websites are there to fix it efficiently. Many companies fail to do this as they let lost orders go without reimbursing the customer or take an inordinate amount of time to resolve issues.
A standout wholesale liquidation website ensures efficient delivery and robust logistics. This means offering reliable shipping at fair rates, accommodating the needs of a global clientele with international shipping options and expert handling of customs procedures.
On top of that, communication with delivery is also important. Customers shouldn't be stuck wondering where their order is.
Criteria | TDW Closeouts | Quicklotz | B-Stock |
Background | Established in 1996, Sunrise, Florida | Based in North Carolina with a warehouse in Texas | Online auction platform for liquidation, returns, and overstock |
Inventory | Sourced from over 100 U.S. department stores | Exclusive inventory; account required to view listings | Diverse categories; exclusive marketplaces with leading retailers |
Diverse Offerings | Yes | Exclusive contracts with specific retailers | Yes |
Top Retailers | Walmart, Target, Macy's, JCPenney, etc. | Exclusive contracts | Target, Walmart, The Home Depot, Wayfair, Amazon |
Delivery & Logistics | Global reach; customs assistance | International shipping; free nationwide shipping for smaller lots; local pickup available | Offers products for both bigger and smaller businesses |
Product Organization | By volume, department store, product type | Not specified | Diverse product categories |
Customer Support | Multiple contact options | Reviews on Trustpilot indicate potential issues | Not specified |
Client Base | Brokers, flea market vendors, auctioneers, wholesalers, retailers, etc. | Not specified | Not specified |
Sales Model | Direct Purchases | Set prices (no auctions) | Online auctions |
Reviews/Concerns | No specific complaints in bad reviews | Some customers did not receive products; issues with customer service | Quality concerns; bidding issues; some customers did not receive products |
Overall Recommendation | Highly recommended due to extensive inventory and customer-centric approach | Good for exclusive inventory, but potential customer service issues | Offers a unique auction platform, but there are concerns about product quality and delivery |
TDW Closeouts has been in the game since 1996. Located at 5501 Nob Hill Road in Sunrise, Florida, 33351 the company has a very extensive inventory. They offer wholesale merchandise: closeouts, surplus items, department store returns, and truckloads all sourced from over 100 renowned department stores throughout the U.S.
It's their years in the business that has allowed them to get ahead and learn what quality products are in diverse markets, ensuring they consistently meet the evolving needs and preferences of their clientele.
Now that we've done a little background of TDW, let's dive into why they are number one on this list.
Let's talk a little bit more about TDW and their extensive inventory. What exactly does this mean for their customers?
This is one of the main reasons why TDW is number one on the list. A diverse number of offerings ensures a couple of different things. First off, it gives customers a plethora of options to choose from, catering to different market demands and preferences.
Their diverse inventory also makes them a one stop shop for everyone. Buyers don't have to go all over the place to find what they need, they can get pretty much everything they need from TDW Closeouts.
Not every wholesale liquidator goes for the top products from the top retailers. This is for many reasons. Some don't have the connections necessary to get in the door with top retailers. When wholesale liquidation companies are new, they need to save some money in order to move their way up, so instead of going for the more expensive powerful retailers, they'll opt for cheaper, lower-quality products to maximize their profits.
That isn't an issue for TDW. They source their inventory from over 100 renowned department stores throughout the U.S and guarantee the authenticity and quality of the products. Some of the most recognizable retailers TDW works with are Walmart, Target, Macy's, JCPenney, and more.
Because they source from these top retailers, the products they get from them are definitely ones that are in demand and resonate with the end customers.
One thing you have to take into consideration when it comes to wholesale liquidation companies is the efficiency and reach of the company's delivery system. If they can't get the product to you, then they can't be considered one of the best right? With that being said lets go over the delivery and logistics of TDW Closeouts.
Anywhere a customer is located, TDW will make sure they can get the product to you. Geographical boundaries are nothing to them. When you pair the diver inventory with this, they can't be beat.
Dealing with international customers could be a real pain. To deal with this TDW closeouts steps in to simplify this process. They offer assistance with customer clearance in various countries. TDW makes it so you could barely tell the difference between making international transactions and domestic ones.
Diversity in product offerings isn't the only thing that sets them apart in regards to their inventory. Their product organization also is top notch. They categorize products based on volume, source, and type, to help make the shopping process easier and help the business find exactly what they need. Businesses don't have the time to go through irrelevant listings, so this makes the whole process much more efficient for them. Let's go over exactly how they organize everything.
It would be really convenient if every business needed the same volume requirement for every order, but this couldn't be any further from the case. TDW offers different volumes including truckloads, containers, or just a few pallets if needed. In other words, they cater to all scales of demand.
Do you want to search for products based on one department store? TDW has you covered. If your product offerings align with certain stores more than others, you could easily narrow down your search on TDW Closeouts to source exclusively from those retailers. Whether you're looking for high-end merchandise from stores like Macy's or more budget-friendly options from Walmart.com, you could do so efficiently.
Looking for clothing? You could look into the specific type of clothing you like. Additionally, TDW offers a diverse range of other product types to cater to varied needs. Whatever you want it's likely that TDW will have it.
As you could probably already see, TDW Closeouts has a very strong commitment to their customers. Diversity isn't only within their inventory but it's also within their client base.
So what do we mean exactly by diverse client base? Well, they serve brokers, flea market vendors, auctioneers, wholesalers, retailers, exporters, distributors, non-profit organizations, and surplus stores, to name a few. The ability to serve this varied clientele shows how dedicated they are to meeting the demands of everyone.
What's a business without solid customer support? Especially in the wholesale liquidation business. The business is fast paced, and effective communication and good support is really important. So how does TDW Closeouts stack up when it comes to customer support?
Their customer support stacks up with the rest of their services. This is because they understand that every client prefers a different method of communication. So, they offer as many contact options as possible to ensure they get back to customers promptly.
Out of North Carolina, Quicklotz is another prominent player in the wholesale liquidation industry. With an additional warehouse in Texas, they've expanded their reach to cater to a broader clientele. What sets Quicklotz apart is their exclusive inventory, which isn't readily available with other wholesalers. They prioritize their customers, offering top-notch support, especially beneficial for small businesses that might need immediate guidance. Instead of the typical auction model, Quicklotz has a unique approach where they sell their items at predetermined prices, be it in pallets or truckloads.
Quicklotz claims to have exclusive inventory not available with other wholesalers, but it's hard to tell based on their website due to the fact that you need to create an account or sign in to view detailed listings and prices. This could be a strategic move on their part to protect their exclusive deals and ensure only serious buyers gain access.
They claim they offer great customer support, and that may be true, however, if you look at the reviews on Trustpilot, many people who tried to order didn't receive their products and were left trying to figure out how to get it, without much help from customer service.
Quicklotz adopts a distinct sales approach that sets them apart from many competitors in the liquidation industry. Rather than relying on auctions, which can be unpredictable and competitive, Quicklotz offers set prices for their items. This straightforward pricing model allows buyers to know upfront what they're paying, eliminating the uncertainty of bidding wars.
Like TDW, Quiclotz offers international shipping. They also offer free nationwide shipping for smaller lots. Also, if you're near one of the warehouses, you can opt for a pick up.
Quicklotz offers exclusive contracts with specific retailers, which is not something a lot of liquidation companies do. This exclusivity ensures that buyers have access to a unique selection of products, potentially unavailable elsewhere. Such contracts can be a significant advantage, especially for businesses looking to source distinct items that stand out in the market.
B-Stock is a platform that facilitates online auctions of liquidation, returns, and overstock items. The company aims to provide businesses with a more efficient way to source liquidation inventory directly from retailers without the need for middlemen. Let's take a deeper dive into some of the features of B-Stock.
When you go to the category section you could see all different types of products including apparel, electronics, furniture and more.
They have partnerships with some of the world's leading retailers, offering exclusive liquidation marketplaces like Target, Walmart, The Home Depot, Wayfair, and Amazon. These partnerships provide you with a unique selection of inventory.
Much like TDW and Quiclotz, they offer products for bigger businesses and smaller businesses. In other words, you could get a pallet delivered if you want a pallet, but if you're a bigger business you could opt for a truck load.
So why are they not number one? Well, after doing some digging into the Better Business Bureau, we found a couple of things.
Many reviews mentioned that a large portion of the products they received were damaged or really poor quality. Not only did they receive poor quality products, but it was the opposite of what the descriptions said.
Some people mentioned bids being relisted because they didn't achieve the desired price they wanted initially.
Worst of all, some people that ordered from B-Stock didn't receive anything, which resulted in them losing money.
You can't go wrong with all three companies however TDW has things covered from all aspects. f you're looking for a wholesale liquidation partner with an extensive inventory, top-quality products, and a customer-centric approach, look no further. TDW Closeouts is your trusted source. Click here now to get started.