ZA
The salvage business involves the buying and selling of salvaged goods; Salvage refers to goods that have been damaged, partially destroyed or expired but still have value. Like the surplus goods business this business allows businesses to get some return on "dead" stock and others to get stock at a cheap price to sell in a low-cost channel.
What is salvage
Traditionally salvage is stock that was written off damaged, partially destroyed or expired but still have value
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Damaged
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Expired
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Rejects
Selling
This is a business that you can start with as little as a market stall from your local municipal market and should be operating from a sales channel that is as cheap as possible.
Business Model
This business buys from manufacturers, traders, distributors, wholesalers and even retailers and resells it to consumers at a lower cost that what it would retail for in the shops.
Sourcing
It takes effort to cultivate good quality leads and connections in competitive markets like salvage and get good prices. People who have suppliers guard their sources with their lives that is why low-effort cold emailing does not usually get you anywhere as that does not work in high-demand businesses where demand exceed supply and where most successful people are knocking on doors of factories already you must either knock on doors yourself or use the marketplace below to source (or both).
