The free guide to wholesale, closeouts & liquidation

Source smarter. Price right. Sell with confidence.

Plain-English guides to buying and selling merchandise in bulk, from reading a liquidation manifest to getting your closeouts in front of off-price buyers. Written by people who work in the trade.

Shrink-wrapped pallets of boxed merchandise in a bright warehouse

$849.9B
in U.S. retail returns projected for 2025 (NRF)

5,214
stores run by TJX, the largest off-price retailer

100% free
no courses, no paywalls, no supplier pitches

Explore by topic

What do you need to figure out?

01

Closeouts & Liquidation

What’s really in the load, what the condition grades mean, and how to read a manifest.

02

Pricing & Margins

Landed cost, cost per unit, and how to work out the most you should pay.

03

Supplier Vetting

How to check out a supplier before you send money, and what to do if something goes wrong.

04

Selling to Retailers

What off-price and discount buyers want, and how to put an offer in front of them.

Latest guides

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Calculator and notebook on a desk next to a cardboard box

Featured guide

A $750 pallet is really a $1,150 pallet.

Freight, fees, and damaged units change the math fast. Our worked example shows how to find your true cost per unit and the most you should bid, step by step.

Quick glossary

Speak the language of the trade

Closeout

The whole remaining stock of an item, sold off at a reduced price, usually because it’s being discontinued.

Shelf pulls

Items taken off store shelves before anyone bought them. Usually new, sometimes with shelf wear.

Manifest

An item-by-item list of what’s supposed to be in a pallet or truckload, with quantities and retail values.

Landed cost

Everything you pay to get goods to your door: price, fees, freight, and for imports, duties and customs costs.

FOB

Free on Board. The seller loads the goods on the ship; from there, the risk and the remaining costs are yours.

As-is, where-is

You take the goods in their current condition, from their current location. Warranties generally don’t apply.

More terms in our closeout vs. liquidation guide →

Built by people who work in wholesale

No fluff, no course pitches. Just what we’ve learned from buying and selling closeouts every day, backed by sources you can check.