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Liquidations
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Rating: 
Level of
Review: Researched and observed.
Overview:
Can be either a book, or a certification course and
membership in a liquidation
organization.
Product:
Their product is the book or membership. Yours is
the items you find to resell.
Cost: Varies
widely.
Compensation:
You earn a profit on sales. Either by finding both
a buyer and a seller (buy low, sell slightly
higher), or by selling to the company you have a
membership with.
Conclusion:
When a company sells you such a package, it is
almost certainly bogus. If you are trying to go
independent, the reality is going to be much
different than what you are told. There are several
factors which have affected liquidation in the
recent years. The biggest one is eBay.
Companies no longer
liquidate things like they used to. Many sell
things at a loss on eBay if they have to take a
beating. The fees are lower! And eBay has affected
the prices on liquidation items. They almost never
go below about 60% of value. Some liquidation
courses tell you that you should buy only at 30% of
value or lower. That almost never happens
anymore.
The other factor is
that many items are being liquidated for a reason.
They are second rate, out of style, or just did not
sell. Sometimes they are seasonal items, or being
sold due to financial reasons, but usually they are
the leftovers that nobody wanted then. No matter
how cheaply you get them, it won't matter if you
can't sell them at any price.
Making money at
this requires knowledge of buyers and sellers, and
a good understanding of market values and trends.
And if you have that, you have many other options
open to you besides liqudations which could form
the basis for a more solid business.
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Skinny Shoestring eBooks are written for people who want to build a business, but who have limited resources. Practical strategies that really work. No shady marketing tactics, no hype, just helpful information and straight instructions to get you started right. Business startup, making money online, marketing, building a website, writing for the web, and more.
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Our Rating System:
No program is right for everyone.
Even a rating of four or five does not indicate that you should
dive in without some careful thought and consideration. Business
is still risky. All reviews have the reasons for the rating
clearly defined.
    -
Information presented in program is accurate and factual concerning
the potential of the program, program is based on sound business
principles, and has good potential to provide stable income
for individuals to whom the program is suitable.
   -
Information is accurately presented, company focuses on selling
product, but business is either more confusing, less predictable,
or slightly higher risk for one of a number of reasons. Still
considered a sound company and very acceptable risk.
  -
Information may be confusing or misleading, company may have
significant issues with program structure, support of product,
or public perception and reputation. A rating of three does
not mean you should not do it. It just means you need to be
sure you are suited to overcoming the difficulties that the
program has.
 -
Information generally misleading, risk fairly high, many unanswered
questions, business principles questionable, but still has some
potential for actually working for some people.
-
Cannot declare that it is an outright scam, but potential for
it to work is very low. Will have questionable business theory,
bad reputation, excessive hype that is not backed up by common
sense, or other aspects which indicate very high risk. Will
always have multiple issues, not just one thing.
-
Outright Scam. Anything labeled this way is never worth any
kind of risk.
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