Guide to Selling Liquidation Merchandise is a sales platform that focuses on in-person transactions. It attracts millions of visitors every month. On top of this, standard ‘pickup’ listings are free. This fact alone makes a perfect place to sell liquidation merchandise for profit, advertising to your local area, completely risk-free.
In this guide, we will show you how to list and sell liquidation merchandise through the platform, what the top-selling items are on OfferUp, explore why the platform is perfect for liquidated items, and explain how promoted listings work.
What is OfferUp?
OfferUp is a consumer-to-consumer marketplace primarily based on a mobile app. Established in 2011, it has since become a strong competitor to Craigslist, eBay, and Facebook Marketplace as it features a mobile-friendly user interface as well as ratings of sellers and buyers. It boasts over 20 million monthly active users.
The marketplace features large photos of items, which can be searched by geo-location nearest the buyer. You can also filter searches by price, distance, and category. Sellers only need to upload a photo of the product from their smartphone. The platform prioritizes the highest bid and allows you to contact potential buyers before finalizing the deal in person.
What Sells Best on?
According to ‘This Work From Home Life,’ is particularly good for selling small to mid-sized items, such as clothing, tools, and furniture. The good news is that all of these items are commonly found on an online liquidation marketplace.
Brand new clothing such as activewear, designer clothing, and accessories have strong demand on especially if shipping is also offered. Your best option is to sell clothing from brands familiar to your prospective buyers.
The rule-of-thumb is to price your items at half of the retail price, but also find out what prices were achieved for similar items in the past on before choosing your list