So, as we all know, Circuit City has a little more than one month to go before it closes permanently. For those of us who already know how liquidation sales work (I’m not interested in mindless whining about how the deals suck, since that has no relevance to those who know how to handle these), have you gone into CC recently, which is about a month after the original announcement, and seen what the current percentages are on the discounts?
In particular, what is the blank media selling for, and is there any of it left?
The key to getting a deal at a liquidation sale is to time your purchase to when the discount has gotten high enough to make it worth your while, but before it gets so high that all the morons have bought everything good up. This requires knowing the market like the back of your hand, and knowing what an actual good deal is. It’s just like eBay. You don’t bid on things that cost more than they would at a retail store, and similarly, you don’t buy things at a liquidation sale that you can get elsewhere for less. This is just plain common sense. There’s no reason to be afraid of liquidation sales, but only if you know what you are doing.
Also, CC might have something rare, like TDK 8x DVD+R media, which can’t be found anywhere else, not even on eBay, and so you might spy out what the pricing is and decide that, for example, if you can get a 25-pack for $7.00 per spindle, you would buy it all up, because it’s good and classic media, and you’re never going to see it again.
This is how to think when stalking a liquidation sale. You need to be PATIENT and wait. You need to know the MARKET, and what the pricing on goods is. If you have to ask other people what a good deal is, and you don’t already know, my advice to you is STAY AWAY from liquidation sales. They’re only for experts and people who know how to shop.