Posted on 23 May 2013.
Just like every year, this year, there will be a great amount of liquidation sales. Retail shops are bursting with overstocks and calling liquidation sales in order to sell all they have left from the previous year. Everything must go.
While you might consider this time for liquidation sales as a great bargain hunt and and try and find the best deals and clearance bargains to buy, the truth is that the high street liquidation sales offer some good deals, but not necessarily.
The final prices are mostly not really that good.
See when all of us hear the magic words “liquidation sales“, we think that the big idea is to sell out the leftover overstocks with the massive reductions and discounts and we think that we are getting some exclusive clearance bargains here. But in case of the high street retail stores, this is not always the case.
Moving the overstocks and closeouts is definitely the first target, but the secondary target is with no doubt to make money.
In fact most retailers on the liquidation sales actually start with the full retail price sometimes even raised to about 10% to start with, because they know that once they put up their liquidation sales, closeouts and everything must go posters, they will have a store full of bargain hunters.
All these 75% OFF discounts or sometimes even more will not arrive really until the final weeks or even days of the clearance sale. But now unfortunately anything you really what might already be gone.
If you are watching out for some liquidation sales to get the best deals, you should start buying online as there are website where the clearance sales and closeouts are consistent.
A good starting point is TheBiggestClearance.com .
TheBiggestClearance.com is a marketplace and trading networks selling overstocks, wholesale clearance, closeouts and bankrupt stock. You can expect some great liquidation sales and clearance bargains happening here going directly from retailers, wholesalers and liquidators.
The fact is that an average bargain shopper has the ability to compare prices and compare the best deals as now days the internet is bombarded by closeouts. Comparing to the high street, there is not much time to think as the sale is happening right here, right now, there is not much time to compare the prices elsewhere and if you don’t buy now, it may also be gone in a bit. And the retailers obviously know that.
In conclusion, you can get some great deals in high street liquidation sales, there is no doubt about that, but in general, you must be prepared to pay much more then buying online. Sometimes you’ll realize that you have just been give a bargain that was in fact much more expensive then in a non sale store.
Are the liquidation sales and closeout on high streets really that cheap or is it just a marketing strategy how to fool new customers into buying more merchandise ? Some liquidation sales are there to sell out the remaining overstocks, that is correct, but some are really there just to make more cheeky sales.