There is often confusion on how liquidation and wholesale differ (or if they do at all).
One great way to launch a new business is to buy liquidation goods at bargain basement prices that you can resell for a profit.
Essentially liquidation buyers have access to highly discounted inventory that they were previously never able to buy without middleman involvement.
What’s more, the inventory is generally listed at a fraction of MSRP. Wholesale is the sale of goods and merchandise to resellers and businesses.
As a result, their cost has been reduced for a quick sell to another retailer and ultimately, to a new consumer audience.
Like salvaged products, there is a chance for damaged goods.