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Remaining stocks are surplus goods which are also sold as special items. If you receive an offer of genuine remaining stock you should buy it up completely if possible, so that you can be sure you will be the only supplier of these goods for a short time at least.
Traders of remaining stock
Traders of remaining stocks are traders who specialise exclusively in remaining stock, special items and insolvency goods. Even allowing for their profits margins value good can still be bought from traders of remaining stock.
We all know second hand goods/seconds from the supermarket, e.g. clothes. In the merchandise trade it describes goods and items with, for example, have small defects. Seconds are items which have been unwrapped just once and shown to or viewed by a customer or returned from mail order companies. They also include items which have small defects, as-new demonstration models, sample items and display items as well as packaging damage, in which the original packaging was damaged or is missing.
Failing companies often end up becoming insolvent. Insolvency goods are left after clearance sales and insolvency sales. The problem is that the insolvency goods are often mixed lots and can also contain returned goods.
Bankruptcy goods should be bought directly from the appointed receiver. It is also advisable to buy the complete lot of bankruptcy goods otherwise you will not be the only supplier of these goods.
Retail trade is a form of commercial enterprise which aims to sell the goods to the end customer or end user in small quantities. The total turnover of retail trade is around 400bn euros.
Retail traders are, among other things, the mail order business, e-commerce, teleshopping, shops and itinerant trade on markets and door-to-door selling. Retail traders can also be found in galleries, shopping arcades, retail parks, and recently in so-called retail outlets.
Wholesale & Wholesalers
In comparison wholesale is aimed at resellers. Wholesale takes place when wholesalers sell goods, which they do not normally process or handle themselves, such as merchandise, from producers or other suppliers to resellers, processors, professional users, authorities, educational establishments or other institutions, canteens, clubs, as long as it does not involve private households. Institutionally, wholesale, also described as wholesale companies, wholesale outlets or wholesale operations, include those institutions whose business activities can be solely or predominantly included as wholesale. In official statistics a business or company is classified as being wholesale if a greater net product results from wholesale activities than a second or various activities. Wholesale is seen as a link between the various stages of distribution. Buyers of wholesale are businesses of the retail trade, trade customers, the catering industry, regional wholesalers, industrial or other commercial enterprises. Decisions about the selection of wholesale according to type and amount count towards distribution policy as part of the industrial marketing mix. Wholesalers also have a wide spectrum of independent retail marketing instruments at their disposal, so-called wholesale marketing. Professional wholesale marketing is absolutely vital due to the danger of being cut-off, meaning not enough suppliers and customers can be found. Contractual vertical and horizontal cooperation which arise from wholesale act against the danger of being cut-off, for example, authorised dealers, exclusive distribution, cooperative societies as a purchasing centre for retail traders or a central system of wholesale organised by the involvement of retail trade businesses in a retail cooperative, such as a voluntary chain or a purchasing syndicate.
Manufacturing seconds (B-stock)
In contrast to A-stock and C-stock goods, items described as B-stock are goods which are excluded from usual sale and are offered at a special price or at outlet stores, even though they are new or as-new and are in fully working order and are subject to the usual guarantee. It can involve items no longer in original packaging, but which are new, items which have been unwrapped just once and shown to or viewed by a customer or returned from mail order companies. They also include items which have small defects, as-new demonstration models, sample items and display items as well as packaging damage, in which the original packaging was damaged or is missing. Otherwise these products may have no other optical damage, especially those which would cause them not to work. Items described as B-stock are often remaining stock, special items or surplus goods and swap stocks.
Special stock market & special stock traders
The special stock market is a form of retail trade which has a constantly changing range of low-priced articles. They are often called junk shops. Small special stock markets are frequently operated by retail traders and retail trade businesses in town or city centres. Meanwhile some special stock markets are operated as international trade chains which are supplied by huge central warehouses. Other types of retail trade, especially discounters, department stores, DIY superstores, chemists and textile chains have integrated permanent departments with special items for sale. However, these discounters only have a small range of so-called fast-moving items which are quickly sold in a few days.
A reseller is a seller who sells on the goods which he has bought previously. So resellers are positioned between the suppliers and the customers. The reseller can sell the items under his own brand name or create his own brand out of an existing one. The biggest margin for resellers is in the area of brand name clothing and fashion. There is a fluid transition from reseller to franchises or affiliates.
Fast Moving Consumer Goods (FMCG)
FMCG’s are products which are sold quickly at relatively low cost. Though the total profit made on FMCG products is relatively small, they generally sell in large quantities, so the cumulative profit on such products can be large. Examples of FMCGs generally include a wide range of frequently purchased consumer products such as toiletries, soap, cosmetics, teeth cleaning products, shaving products and detergents, as well as other non-durables such as glassware, light bulbs, batteries, paper products and plastic goods. Fast Moving Consumer Goods (FMCG) may also include pharmaceuticals, consumer electronics, packaged food products and drinks, although these are often categorised separately. Fast Moving Consumer Goods (FMCG) products contrast with durable goods or major appliances such as kitchen appliances, which are generally replaced less than once a year. In Britain white goods as part of FMCGs refer to large household electronic items such as refrigerators. Smaller items such as TVs, internet equipment and stereo systems are sometimes termed brown goods.