Hello All
A lot of new exporters want to start out exporting liquidation or overstock products. It's true, there is a good business exporting these products and the profit margin can be great. The particular challenge is finding an overstock or liquidation product you can export again and again to your overseas buyers so you're not always looking for new ones. As an example, let's say you buy a container-load of surplus Yarn that you happened to find for sale in your local market. You ultimately find a buyer in, say, USA and you make a nice little profit on the sale. A few months later, he calls you back for more Lot Yarns but you can't locate any. Instead, you want to sell him some other yarn counts you found at auction. The problem is that if he's looking for same yarn, he probably won't be interested in your other offered yarns. Now you have to start over finding a new buyer. You can't sell more products to the buyer you worked with before because he doesn't want what you're selling now. ![]()