The difference between closeouts and overstock are the following:
1. Closeouts are available regularly. In a years time you can find closeout deals at least 4 times per year. Meanwhile, overstock usually occurs only once per year.
2. Closeouts tend to have lower quantity per line items and a greater diversity of product. Many times, you can stack a store with a just one closeout deal. You are going to find quantities closer to 1,000 units per line item for overstock. This is going to require you to make it a featured deal on your site or retail store.
1. Closeouts are available regularly. In a years time you can find closeout deals at least 4 times per year. Meanwhile, overstock usually occurs only once per year.
2. Closeouts tend to have lower quantity per line items and a greater diversity of product. Many times, you can stack a store with a just one closeout deal. You are going to find quantities closer to 1,000 units per line item for overstock. This is going to require you to make it a featured deal on your site or retail store.
A closeout sale means that the merchandise is going be heavily discounted. You could expect a price of somewhere between 40% and 60% off. The merchandise will consist of products that were not doing very well when selling in their normal format. You could expect that some merchandise will not be returnable, since the retailer is trying to "clear house".