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How to use Liquidation.Com

Discussion in 'Dropshipping & Wholesale Hookups' started by Xelpher, Aug 24, 2010.

  1. Xelpher

    Xelpher Newbie

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    Okay here is a very elaborate sum up of everything i've learned on how to avoid being scammed/losing money on Liquidation.

    1.) Check out the sellers reputation, if he's reputable, you'll easily find out when you move the mouse over his Username.

    2.) Check the Manifest, read the Manifest, record the Manifest! When you see 10 iphones for 100 dollars, with no description, expect them to have gone to hell and back even if they're set as, "Shelf pulls", "Used", or "Returns" Most likely, they have been through hell and back and they will look more like "Salvage" Unless you feel totally confident they are actually a good deal, avoid bidding on these.

    3.) Liquidation.com has been known to favor it's sellers over its buyers, whenever you receive a lot or an "order" make sure you check everything inside and that it looks similar to the description and pictures, If it doesn't reject the order and get your money back. If the outside looks fine and when you plug it in and it has errors and bugs that weren't in the description (Assuming your product requires that you plug it in.), This is where recording the Manifest and Description comes in. Explain to Liquidation they aren't working and/or have strongly misleading descriptions and they should refund you unless you fail to act quick enough.

    4.) Keep in mind other charges when bidding on items, Maybe you see a lot of Ps3s and you want to max your bid at 400 dollars? there is another shipping fee which is a minimum 35 Dollars and can be checked in the shipping tab. Another charge is the 5 % charge Liquidation charges, Say your total is 500 dollars with shipping? Your new total is 525.

    5.) Another thing to look out for is replicas, They're usually easy to spot, they wouldn't dare name it after the company but they might name it something like "Touch mp3 player!" and you might assume its and ipod touch, Dont.

    6.) Don't let your shipments weight get over 150 pounds i believe. that requires them to use a large shipping truck, and charge you a HUGE SUM of money for shipping, You don't want those 20 wii's for an awesome deal of 500 dollars to end up costing you 1000 dollars in shipping (Just a made up example)

    7.) Be CAREFUL of anything you buy "Used", "Returns", or "Shelf pulls" They can also be total junk, read the description. "Salvage" should only be bought if you know alot about your product and you plan on fixing or selling the item for parts.

    8.) Sadly, even if you follow all these guidelines and steps, sometimes you might get scammed and won't be able to get your money back, Don't worry, don't give up, get back on your feet and find your right internet marketing, There is a lot of money to be made here if you play your cards right.
     
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  2. Sonokai

    Sonokai BANNED BANNED

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    Nice guidelines. Always do research before you do anything. Get a plan in your head, and nothing out of your reach.
     
  3. fatalwanderer

    fatalwanderer Junior Member

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    are the wiis a good buy? i see they are all either returns,shelfs, or salvage but the user has a great reputation.
     
  4. Draugen

    Draugen Newbie

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    Is Liquidation really trustworthy? They sound a bit shifty to me from what I read in your post.
     
  5. fatalwanderer

    fatalwanderer Junior Member

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    they're trustworthy but you have to look for the right stuff. Just do whats mentioned above and you'll have a better chance of not getting scammed
     
  6. Draugen

    Draugen Newbie

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    Ah ok. So I'll just have to keep an eye out for the scammers. Though I don't think I will use them just yet.
     
  7. candybux.info

    candybux.info Registered Member

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    Liquidaton ship worldwide?
     
  8. Xelpher

    Xelpher Newbie

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    Yes, The returned models are alright, but more for personal use or low profit because some of the bids get really high around the last few hours, but if your lucky you might get a great deal. Returns aren't as risky if the user has a great reputation, but expect it to be scratched and no where near new.

    They're trust worthy, you just have to be very careful when buying because of many fees you may not be aware of, It costs 200 dollars to cancel a bid, or 15% of the cost, Which ever one is more! Follow these guidelines and you shouldn't have much trouble with them.

     
  9. fatalwanderer

    fatalwanderer Junior Member

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    Some things that i saw you could make profit from are the ps3s,wiis,xbox360 basically all the gaming systems. The ipods and hdtvs are also a good profit, basically most of the electornics you could make a decent profit on.

    Now this site is great, now i'm trying to find other sites like this.
    Anyone know any?
     
  10. Sikdmax

    Sikdmax Newbie

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    Great information there, Ive signed up and will start watching upcoming auctions.