Buyer's Guide: Liquidated stock

Buying from liquidation auctions offers you a unique opportunity to bag some real bargains. Here we’ll share our insights to help arm you with all the knowledge you need to bid with confidence and buy the right items.

What are liquidation auctions?

This sort of stock comes to market when a company needs to sell off its assets quickly, typically due to bankruptcy, overstock, reorganisation, or other reasons. Sometimes the stock has already been purchased by a third party and they are then marketing this. Buying liquidated stock means you will find items offered at significantly reduced starting bids from their RRPs. Our website hosts many of these kind of auctions, where you can bid on a diverse assortment of products, including electronics, fashion, furniture, appliances, home goods and more.

Reasons to buy liquidated stock

Unbeatable prices: Liquidation auctions offer rock-bottom prices that are often well below market value, allowing you to get more for your budget. You can save up to 90% off the original retail price, making it an enticing option for cost-conscious shoppers.

Bulk purchases: If you run a business or need a large quantity of items, liquidation sales offer an ideal opportunity to acquire products in bulk. Whether you're stocking up for your store or planning an event, liquidated stock auctions can fulfil your needs at a fraction of the cost.

Rare finds: Liquidation auctions can surprise you with rare, discontinued, or hard-to-find items that you won't easily find elsewhere. It's like hunting for hidden treasures where every bid holds the potential to reveal a valuable gem.

Ecologically responsible: Buying liquidated stock promotes sustainability by giving new life to products that might otherwise go to waste. Embrace the eco-friendly aspect of these sales while enjoying significant savings.

Tips for successful buying

Research: Take the time to understand the bidding process and research the products you're interested in. Check item descriptions, paying special attention to condition, and the images to ensure you're making informed decisions. It's essential to know what you're bidding on to avoid any surprises.

Set a budget: It's easy to get carried away with the excitement of low prices, so set a budget and stick to it to avoid overspending. Carefully assess your needs and priorities to make strategic and responsible purchasing decisions. We’ll always let you know if you’re outbid and you can decide then whether you want to stretch your original budget. It’s an exciting experience!

Stay competitive: Participate actively in the auctions by placing competitive bids to increase your chances of winning the items you want. Keep an eye on the bidding activity and be prepared to make decisions during the closing moments of an auction. But don’t panic as we don’t although last minute bids. If any late ones come in, the auction extends given time for rational decision making!

Understand the terms: Familiarise yourself with the terms and conditions, including BP, any tax payable, shipping costs, and payment methods. Being aware of the rules and guidelines will make your buying experience smoother and more enjoyable.

Key categories to watch out for

Appliances: Find top-notch kitchen appliances and household gadgets at a fraction of their retail prices. Loads of these come up in liquidation auctions and you get the chance to purchase items you’ve been dreaming of so you can equip your home with highly desirable devices from big brands.

Home and garden: Upgrade your living space with discounted furniture, home decor, and gardening essentials. From sofas and dining sets to decorative pieces and outdoor tools, you can transform your home without breaking the bank.

Fashion: Discover clothing, shoes, and accessories from popular brands at unbeatable prices. Whether you're looking for casual wear, formal attire, or athletic gear, they will crop up in liquidation sales.

Electronics: From Macs and laptops to gaming consoles and accessories, electronics are frequently available in liquidation auctions. Take advantage of these deals to upgrade your gadgets and tech gear without a big investment.

With careful planning and informed decisions, you can unlock the hidden treasures of liquidated stock auctions and embark on a rewarding shopping adventure. Stay informed, set your budget, and embrace the thrill of uncovering fantastic finds at unbeatable prices. Take a look at what’s on offer in our live auctions today!