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Need to liquidate 5-10 US$ millions worth of stock

Discussion in 'Dropshipping & Wholesale Hookups' started by Dan21, Aug 23, 2016.

  1. Dan21

    Dan21 Registered Member

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    I have 5-10 million dollars worth of stock that I need to liquidate, I just find it hard finding people to sell it to. Have send hundreds of emails to related companies with little to no luck.

    I have found a warehouse of synthetic leather and fabrics with a warehouse of thousand meters. It is selling at bellow cost and the quality in unmatched, it is the type of thing that is impossible to find. Problem is it is hard to find someone that will buy big bulk and help get rid of everything fast.

    I tried to make a listing at alibaba but takes a while, any advice or tips?
     
  2. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Jr. VIP

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    So you don't actually have any stock but found a warehouse that claims to be selling below cost?
     
  3. TheMic

    TheMic Junior Member

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    Nice ....:)
     
  4. Dan21

    Dan21 Registered Member

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    I am related to the person that owns the stock but he is too busy, rich and much more to bother selling it. It is just sitting there.
     
  5. BassTrackerBoats

    BassTrackerBoats Super Moderator Staff Member Moderator Jr. VIP

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  6. TheMic

    TheMic Junior Member

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    That makes more sense ...... Whats the price for m2?
     
  7. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Jr. VIP

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    So is it 5 or 10 million dollars worth of stock?

    Anyway reach out to garment/accessory (handbags) manufacturers, furniture makers etc.
    The trouble is that I don't think most people are interested in synthetic leather.
     
  8. Dan21

    Dan21 Registered Member

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    The roll of fabric/synthetic leather is 55 inches in width, manufactured in Europe, Quality is A+++ (Not compared to Chinese at all)

    The price:

    2.6 US$/meter for synthetic leather
    3.1 US$/Meter for Fabrics.
     
  9. Dan21

    Dan21 Registered Member

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    You are mistaken about synthetic leather, it is used a lot, especially in cars, because actual leather heats up too fast and too much, it is impossible for use in some applications.

    Also the profits depend on the quantity someone buys. If they were to be sold at their current market price they would worth 10millions, by the discount of the bulk (10,000meters min per order) it gets more close to 5millions.
     
  10. Dan21

    Dan21 Registered Member

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    Does anyone know any website I can better search and find all those people actually wanting to buy or potentially interested in buying?

    TradeKey seemed interesting but looks like a scam most likely.
     
  11. BenQs

    BenQs Regular Member

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    When I read the title, at first I thought you were that Nigerian prince who's been bugging me ...

    Good luck.
     
  12. Asif WILSON Khan

    Asif WILSON Khan Executive VIP Jr. VIP

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    Try some of the Car Seat Cover manufactures then
    http://lmgtfy.com/?q=car+seat+cover+manufacturers
     
  13. SEMWORLD

    SEMWORLD BANNED BANNED

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    It seems to be a very nice deal. But when you see people not interested with it, then there is something that you are not coming out clearly or the way you convey the message is wanting. I will therefore encourage you to embrace the best communication principles. people may think that it is a fraud and hence distance themselves from it. It is time to be very careful.
     
  14. ChanzGrande

    ChanzGrande Elite Member

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    You must get a monster commission if you move that sort of product for your relative. I wish I had relatively challenging problems like this one. :)
     
  15. CialisBilligInternet

    CialisBilligInternet BANNED BANNED

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    If you truly have all that stock you can sell it to other suppliers.
     
  16. Dan21

    Dan21 Registered Member

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    That is what I have been thinking, I tried to write a lot about the company that has reputation and include catalogues with the market prices, telephones and addresses.

    My number 1# problem is finding the people, I have send maybe 100 emails to all furniture manufacturers and synthetic leather/fabrics importers exporters.
    My number 2# problem is having the email read by the right person and by people that know english and understand the definition of liquidation.

    I have not tried to contact any US companies yet because it would be much more convenient for me to arrange any shipments in neighboring countries in Europe.
     
  17. Vapys.Com

    Vapys.Com Regular Member

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    100 emails for 5 million dollars and you consider that a "Problem"?
    Give me. 1 million and I'll send 10,000
    You must live on a trust fund since birth lol
     
  18. SkyrocketSEO

    SkyrocketSEO Jr. VIP Jr. VIP Premium Member

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    I know a couple of furniture producers (companies) , I might contact them to see if they are interested. PM me with what you have. Are your prices above Chinese prices?
     
  19. pr0ject

    pr0ject Power Member

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    On this kind of deals person to person or phone communication would work much better than emails.
     
  20. judaculla

    judaculla Jr. VIP Jr. VIP

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    ....I'm still not 100% sure he's not haha.

    Seriously though, I'd go large market like Alibaba.

    I work in the furniture industry and couldn't imagine what'd it take to get one of our producers to go out on a limb on some random offer like that.

    You'd have to A.) have something they need and can't find anywhere else, and still offer a great price, or B.) Know one of them reeeally well, and cut a deal, or C.) Get reeeally f*ckin lucky.

    On top of that, you'd have to get them to trust you and honestly, just from how you've described your intent so far, I wouldn't trust you.

    A large market like Alibaba you'd make less, but the trust wouldn't be as much of an issue (surmountable anyway) and you'd just have to probably beat price.