What is leftover goods?

Tail goods refer to the remaining inventory of goods in the production and sales process, usually including the following types:

1. Production backlog: Unsold goods generated during the production process due to order cancellations, overproduction, or surplus raw materials.

2. Out of season end products: Products that are unsold due to seasonal changes or style updates.

3. Brand tail goods: goods sold at a low price by brand owners due to inventory backlog or clearance processing.

4. Defective tail goods: Goods that fail to pass quality inspection due to minor defects such as uneven dyeing, loose threads, etc.

Characteristics of tail goods

1. Low price: Tail goods are usually sold at prices far below market prices, with high cost-effectiveness.

2. Diverse styles: covering various categories such as clothing, shoes and hats, household items, electronic products, etc.

3. Limited inventory: The remaining stock is usually limited and sold out.

4. Possible defects: Some of the final products may have minor defects, but they do not affect their use.

Source of final goods

1. Factory inventory: leftover raw materials or unfinished orders during the production process.

2. Brand clearance: off-season or unsold products that brand owners dispose of at low prices to clear inventory.

3. E-commerce returns: Secondary sales of goods generated by e-commerce platforms due to returns or exchanges.

4. Exhibition samples: unsold samples or display items after the exhibition ends.

Sales channels for leftover goods

1. Tail wholesale markets: such as Guangzhou Baima Clothing Tail Market, Beijing Tianlan Tiantail Market, etc.

2. E-commerce platforms: Tailoring sections on platforms such as Taobao and Pinduoduo.

3. Discount store: an offline discount store specializing in selling leftover and out of season goods.

4. Social e-commerce: Selling leftover products through social platforms such as WeChat groups and Moments.

Advantages of tail goods

1. Price advantage: Tail goods are usually priced more than 50% lower than regular priced products.

2. High cost-effectiveness: Some of the leftover products have the same quality as regular priced products, but at a lower price.

3. Environmental conservation: Reduce resource waste and comply with environmental protection concepts.

Precautions for purchasing leftover goods

1. Inspection: Carefully inspect the product for any defects to ensure it meets expectations.

2. Choose reliability