Why is it beneficial to have your bulk closeout inventory exported?
Exporting bulk closeout inventory is always a good choice. Manufacturerersare able to sell their closeouts outside of their trading area and protect their brand image.
-
Diversifying the market range
Manufacturers or closeout liquidators must get access to more markets to sell their products. This will help them to sell their closeout merchandise in a location that is not saturated. Moreover, they will be able to sell the product in the export markets at a higher price as compared to their own country. Even if the wholesale market in their own country has little demand for the closeout inventory they can still export the overstock to overseas markets at a better price.
-
Competitive Advantage
Another benefit that manufacturers can get through exporting is lessening the burden of competition from their regular marketplace. Instead of focusing on their local markets, they would sell their closeout inventory in the less competitive export markets and increase their profits.
-
Profitability
Profits are one of the most important advantages that manufacturers get by exporting their bulk merchandise to other countries. They can sell at a higher price overseas where the demand is greater than in their local market. In this way, they will achieve a double benefit by not saturating their local market and will sell at a higher price and earn a higher return for their company.