Bin store or resale store? This is one of the questions asked during this live that was easily and quickly answered by Tom. His answer was definitely a Bin store. He explained that it is so much easier to manage, more profitable, and no need to worry about inventory because they don’t take cash, only credit card which means there is no need to go to the bank. You just dump stuff and move on.
That is an expert’s opinion and a perspective of a bin store founder and owner.
We will discuss more about the difference of the two, some pros and cons, to help you decide in starting your business journey.
BIN STORE is a discount retail store that works by dumping merchandise into large dump bins usually Amazon pallets merchandise on the table. RESALE STORES sell new items at a cheaper price. If you have been an avid fan of Liquidation Motivation Channel, you will see the set up of the bin stores which is “tables” filled with different merchandises. It is like people hunt for unique items they want to purchase. While resale stores require more organization and inventory. Both are profitable but bin stores require less effort which favors you.
Whichever you pick, what matters most is your commitment and dedication to your chosen business. Also, consistency is the key.
Please contact us for more information at: Tom@LiquidationMotivation.Net
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