According to the company, current sellers include some of the nation's largest retailers, the states of Georgia and Wisconsin, and a number of large distributors and manufacturers. Buyers include retail, e-tail, import/export, distribution, and more. The Web site has a worldwide base of buyers including Europe and the Pacific Rim.
All auctions open at $100 for the entire lot and there are no minimums and/or reserves. Liquidation.com says it has over 110,000 bulk buyers in the marketplace, giving it the ability to deliver a strong market clearing price. The Web site specializes in the auctioning of surplus goods in bulk.
Publication date: 12/29/2003