|
Waste:
The
items that are less desirable.
Reasons for
Waste:
Torn,
broken, missing pieces, soiled, difficult to resale.
Waste Factor:
This is an estimated amount of the load
that must be repaired or thrown out. This estimate is
determined by information provided by previous buyers of
similar loads.
As one experienced
liquidator put it, "The first load is the worst load
of all, I use the parts and pieces form the first load to make
the loads thereafter the most profitable." Save those
spare parts!
Example:
A waste factor that
is estimated to be 10% means that you can expect to discard
10% of the total load.
Remember:
This
is distressed merchandise, you are not buying brand new goods
at a brand new - full wholesale price. You are purchasing a
returns salvage load at a percentage of wholesale cost. There
will be some distressed merchandise. |
