Every term in the liquidation and reseller world, defined.
The commission a liquidation marketplace charges the winning bidder.
The total cost of the inventory that sold in a period.
What identical inventory recently sold for on the same channel.
Items customers returned to a retailer, resold in bulk pallets.
Amazon warehouses and ships your inventory for you.
You store and ship your own inventory.
One sellable unit at auction, ranging from a case to a truckload.
Freight lanes for shipments smaller than a full truckload.
A manifest is a spreadsheet, usually CSV or XLSX, listing every SKU included in a liquidation lot: quantities, condition, MSRP, and product identifiers.
A lot containing multiple product categories on one pallet.
MSRP is the ceiling. Recovered value is always a fraction of it.
Overstock is new, unsold inventory a retailer needs to move.
The percentage of MSRP you actually collect after resale.
A hidden minimum a seller will accept.
Profit divided by cost.
Salvage lots are inventory the retailer has determined cannot be sold as new.
What percentage of your inventory actually sells inside a given window.
Retailer pulled the inventory from shelves before it could sell.
A full 26-pallet truckload sold as a single lot.
B-Stock is a wholesale auction platform where retailers like Amazon, Walmart, Target, Costco, and Home Depot sell returned and excess inventory directly to resellers in pallet and truckload lots. You bid, you win, you pay freight, and you resell.