The biggest fear of many traders is not selling and disposing of all their goods in time. Either because of fashion trends that change with the seasons, an expiration date, the latest tech gadgets that have just been released and are replacing the old version, or a promotion that didn't work as expected and the Inventory flow did not work as expected.
All these products that are not sold out in time become unsold for the merchant. As storage space is often limited, the trader cannot keep everything in stock for an extended period of time. The trader will therefore have to make room for his new products and remove unsold items from the shelves, so he ends up with a net loss.
Several merchants will try to make a final liquidation, a sidewalk sale, or even to make a donation. As a last resort, they could get rid of it by throwing it in the trash. However, items that have been discarded still have market value.
You are looking for opportunities, looking for unsold items or equipment at a lower cost for your activity or for resale.
You are trying not to lose all the value of your unsold items or equipment, or want to find a buyer who could give them a second chance on another market or in another country.
You must register as a buyer if you wish to purchase unsold items from other businesses. You will need to determine the type of products you wish to purchase and your maximum price. Our system works in the form of auctions, offers or fixed prices. First come, first served or whoever bets the most to receive the good wins the bet.
You have very short deadlines for removing unsold items. You don't want to pay to get rid of your unsold items. You are then looking for a buyer who can get the goods out as quickly as possible and have a certain amount of money linked to this emergency sale.
Your unsold items are now removed from the shelves and stored. You have no problem storing goods for a certain period of time and want to receive as much money as possible to resell your unsold items.
You are a few weeks away from removing your products from the shelves. You expect to have a number of unsold products and want to resell them when they come off the shelves. Notify potential buyers of your properties which will be put up for sale in the coming weeks subject to conditions. When your goods are removed from the shelves, send the final list of unsold to your potential buyers. Buyers will already have a good idea of the property you want to sell. So you can get your goods out of your warehouse faster and get a better quick selling price.
Registration
You must first register your business and provide all documents required for registration.
Conditions
Complete the forms that indicate the conditions and restrictions on the sale of your unsold items.
(You can change the terms and restrictions for each lot you list.)
Type of sale & service
Determine the type of sale and service you want.
Description
Describe your unsold items, add inventory, market value price and photos.
Dispatch
Choose the type of shipping that suits you best.
Payment
Determine which payment options are best for you.
Direct From Market Is the subsidiary of Unsold Market which allows you to have purchasing facilities and certain insurances, with a risk-free, thanks to EDC Canada or an Escrow type of payment system.
WHAT IS EDC CANADA
EDC (Export Development Canada) is a Canadian Crown corporation that provides financial and insurance solutions to Canadian businesses that want to expand their operations internationally. EDC's main focus is to help Canadian exporters succeed in foreign markets by providing them with financing, insurance, and bonding services. EDC also works with foreign buyers to help them purchase Canadian goods and services, and helps Canadian businesses manage the risks associated with exporting. EDC operates independently of the Canadian government, but is wholly owned by the government and reports to Parliament through the Minister of International Trade.
WHAT IS ESCROW PAYMENT
An escrow payment system is a financial arrangement in which a third party holds and regulates payment of the funds required for two parties involved in a given transaction. The third party is typically an escrow agent or company, which acts as an intermediary between the buyer and the seller, and holds the funds until both parties fulfill their contractual obligations.
In an escrow payment system, the buyer places the funds in an escrow account, and the seller completes the required work or provides the goods. Once the seller has fulfilled their obligations, the funds are released from the escrow account and paid to the seller. This system provides a level of security to both the buyer and the seller, as the funds are held by a neutral third party, and the transaction is only completed once both parties have met their contractual obligations.
Escrow payment systems are commonly used in real estate transactions, mergers and acquisitions, and online transactions for goods and services, particularly in cases where the buyer and seller are unknown to each other or located in different countries.