The goWholesale Blog

Ignorance is NOT Bliss…When it Comes to Product Defects

March 6th, 2008

Here’s some pretty important news straight from the National Association of Wholesaler-Distributors. Usually the manufacturer is held liable for product defects but in some cases, the wholesaler can be held liable as well/instead.

Here are some of the specific circumstances where the wholesaler-distributer can be held liable:

Some wholesaler-distributors provide installation, service or repair work as a “value-added” for their customers, which may increase their product liability exposure in the process.

Wholesaler-distributors that modify, repackage or re-label products may assume a greater liability than those who don’t. Modification of the product can include any modification of instructions or warranties.

Repackaging under the wholesaler-distributor’s name may increase the exposure substantially.

The United States has some of the most stringent product safety standards in the world. When goods are produced overseas, they do not necessarily comply with these standards. When a wholesaler-distributor imports products from a foreign manufacturer who does not carry U.S. product liability coverage, they can assume the product liability exposure.

If the manufacturer is insolvent or otherwise unavailable (foreign manufacturers with no coverage inside the U.S. for example) the wholesaler-distributor can be held liable for any defect in the product.

When the wholesaler-distributor is directly responsible for the defective condition, i.e. if they have damaged the product while repackaging, or by making product modifications, they may be held liable for product liability.

If a wholesaler-distributor had knowledge of the defective condition prior to the sale and did nothing, they can be held accountable.

If a wholesaler-distributor recommended an unsuitable product for the job they may be liable

Be sure you are aware of any instances where you could be held liable for the wholesale products you sell. Any lawyer will tell you that “ignorance is no defense.”

Posted in Product Sourcing | No Comments »

Liquidation in the news again!

January 31st, 2008

Liquidation.com was featured in a story about how buyers can purchase discounted goods following the holiday returns season. The story aired on Indiana’s Fox59 News in Indianapolis and Liquidation.com’s Brian Johnson from the Plainfield warehouse was interviewed. To watch the clip (it’s only a few minutes) click below:

Liquidation.com on Fox News

For more information about buying holiday returns check out Catch the Post-Holiday Wave: Sourcing Wholesale Store Returns

Posted in Announcements, In the News, Product Sourcing | No Comments »

TODAY’S THE LAST DAY!!! Enter to win an iPod nano!!! (and for an Apple touch take the full Sourcing Survey)

December 10th, 2007

goWholesale is giving away an iPod nano just in time for the holidays!

We want to better understand how you use the internet to source products and services for your
business. The iPod Nano will go to the person who leaves a comment with the best tip for using the web to find products for their business.

Rules

Leave a comment below with your answer.
You may only enter this giveaway once. You can enter different giveaways, but you can only enter
this one once.
Contest is open to anyone in the 50 States, 18 or older.
Winners will be selected by The goWholesale Blog on December 11. The Apple Nano will be shipped shortly after.
Entries can be submitted until Monday, December 10th, 11:59PM EDT.

Good Luck! And check out goWholesale’s Sourcing Survey 2007 for an additional chance to
win an Apple touch!

Posted in Announcements, Product Sourcing | No Comments »

Catch the Post-Holiday Wave: Sourcing Wholesale Store Returns

December 4th, 2007

The Christmas season is known for many things, especially shopping, with great bargains from the day after Thanksgiving early morning sales until the New Year’s Day discounts. For business owners who are looking to find great bulk purchases on returned items or going out of stock merchandise, here’s what you need to know.

Catch the Post-Holiday Wave: Sourcing Wholesale Store Returns

Posted in Product Sourcing | 1 Comment »

How to gauge product life cycles–unless, of course, you’re psychic.

December 4th, 2007

It is important not only during the busy holiday season, but throughout the year as well to be competitive and ensure your company is well positioned in the market. In order to accomplish this, you have to know what products your customers want and how that demand changes. No matter how hot a product is at a given time, it still has a limited life span. The following article has some great advice on how to stay on top of the trends.

Product Life Cycles: How to Keep Picking the Winners

Posted in Product Sourcing | No Comments »

iPod nano Giveaway!

December 3rd, 2007

goWholesale is giving away an iPod nano just in time for the holidays!

Rules

Leave a comment below with your answer.
You may only enter this giveaway once. You can enter different giveaways, but you can only enter
this one once.
Contest is open to anyone in the 50 States, 18 or older.
Winners will be selected by The goWholesale Blog on December 11. The Apple Nano will be shipped shortly after.
Entries can be submitted until Monday, December 10th, 11:59PM EDT.

Good Luck! And check out goWholesale’s Sourcing Survey 2007 for an additional chance to
win an Apple touch!

Posted in Announcements, Product Sourcing | 1 Comment »

Win an 8GB Apple touch! (Just in time for the holidays!)

December 3rd, 2007

goWholesale wants to find out more about how you use the internet to source products and services for your business. Take the survey and earn a chance to win a brand new Apple Touch!

goWholesale Sourcing Survey 2007

*Entries can be submitted until Sunday, December 16th, 11:59PM EST.

Good Luck!

Posted in Announcements, Product Sourcing | No Comments »

Trade Lead Sites Work For YOU!

November 30th, 2007

Part of the success of any small business is being able to take advantage of as wide a range of resources as possible. One great resource for any small business is a trade lead site. This article explains how to use them to find your products!

Finding Product Sources Using Trade Lead Sites

Posted in Product Sourcing | No Comments »