How To Become A Stocklot Trader E-Book - Home
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How To Become A Stocklot Trader E-Book - Home
www.stocklots4u.co.uk How To Become A Stocklot Trader E-Book (This E-Book is free of charge. You are allowed to forward/distribute this e-book free of charge only. You must not copy or change any of the content as this would be copyright infringement.) The surplus stocklot industry is now one of the largest trading commodities across the world. Everyday, thousands of containers of stock are being bought & sold by brokers, importers, wholesalers, retailers and now with the internet, many traders are running very successful home businesses, buying & selling surplus stocks. This free e-book is a starting guide for anyone wanting to know what the surplus stock business is all about. This e-book is free to distribute if you wish. If you are interested in starting your own surplus stock business, this guide will give you some useful information about this fast moving business. www.stocklots4u.co.uk Surplus stocks are often somebody’s mistake. Surplus stocks are large amounts of goods that for some reason have not been sold as expected. Large quantities in this case, means an amount too high for a normal consumer. Surplus stocks are commonly traded amongst companies at the discount end of the industry, for a fraction of the original price. These kind of stocks can be found not just from manufacturers who make the product. Many other types of companies who sell products, can have situations where they have surplus stocks. Many importers, wholesalers & retailers can end up with surplus stock that they need to clear for prices way cheaper than normal. There are many other names for surplus stock you may recognise. www.stocklots4u.co.uk Stocklots - Closeouts - Clearance Stock - Excess Stock Discontinued Stock – Obsolete Stock - Salvage End of Line – Remainders – Overstocks Residual Stock - Cancelled Orders – Over Production Liquidated Stock – Redundant Stocks Joblots – Bankrupt Stock – Frustrated Stock Distressed Stock – Slow Moving Stock – Graded Returns Short dated stock - Out dated stock – Spot Deals www.stocklots4u.co.uk Manufacturer has produced too many. A customer has cancelled an order. Old product range, to make way for new range A slow selling product, not sold a well as expected Packing or printing error. Company has gone bankrupt. Stock liquidated Customer returns Company imported too much quantity of a product Taking up too much storage space Frustrated shipments / salvage www.stocklots4u.co.uk No actual statistics on what this industry is worth But estimated $60 billion of surplus closeouts in the US alone, no official figures for the UK & Europe. The most common stocklots are apparel, shoes & accessories. Now one of the worlds biggest trading commodities Stocklots are traded in nearly every country in the world, with many traders buying from abroad or selling abroad. No doubt, since the internet, trading surplus stocks is now one of the fastest growing industries. www.stocklots4u.co.uk www.stocklots4u.co.uk Manufacturers – Most manufacturers have stocklots & surplus Wholesalers – Importers – Exporters Distributors – Surplus Trading Companies – Liquidators Auction Houses – E-Commerce Shops – High Street Retailers – Salvage Companies – Sales Agents - Supermarkets – Storage & Warehouse Companies – Cash & Carries – Mail Order Companies – Promotional Companies – Insolvency Companies – Distribution Centres – Contract Packers…..plus many more places ! www.stocklots4u.co.uk Negatively effects cash flow. Ties up valuable warehousing space. Detrimental to company’s financial statement. Unnecessary storage costs. Surplus stock will depreciate in value over time To cut overheads & expenses. To turn bad stock into cash. www.stocklots4u.co.uk This is the most important part of surplus stock trading…finding the stock ! The way surplus stock is found has changed so much since the internet began. The old way was spent telephoning companies all day long. Now there are numerous ways of sourcing surplus stocks on the internet. The most obvious way is using regular search engines such as Google. There are a lot more ways to find stock through the internet that no one really thinks of. There are numerous websites, search keywords and many other ways for building contacts for sourcing stocklots. We are experts in this area and 95% of stock that we source is directly from source. 5% from other brokers or traders. www.stocklots4u.co.uk There are more ways than you realise where you can sell your surplus stocks. Again, with the internet available, as well as selling your goods through your own website, there are incredible ways to sell your stock. Finding good buyers (not timewasters !) to buy your surplus stock deals, is crucial to your business. Its all the about the product & the price level they are prepared to pay. Building up a mailing list of customers who buy particular product categories, such as cosmetics, clothing or giftware etc.. Then you can start sourcing stock that you know your customers are looking for. www.stocklots4u.co.uk This is e-book is a very short, simple and small insight as to what the surplus stock trading business is about. But if you want a value for money stock sourcing assistant to get you started, please visit our website www.stocklots4u.co.uk This is a new website to help stocklot traders save lots of time searching around for stock. This website offers 20 brand new stocklot deals everyday of the week, with web links directly to the seller of the goods. Plus, it is so cheap…only £1 for 20 Stocklot Deals !…and it’s Pay As You Go, so you don’t need to commit yourself. So for £1 you can visit any day you like and receive 20 Stocklot Deals. You can also subscribe weekly for £5 per week…that’s 140 Stocklot Deals per week. To find 140 deals every week, you would need to hire 3 or 4 staff and pay salaries!....So this is an incredible opportunity not to miss. www.stocklots4u.co.uk