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jobber,brooker,closeouts,liquidations,customers returns,merchandise,payment,shipping and handling,export.

 

 

 
American Eagle Trade FAQS Page Description Frequently asked Question

What is a Jobber?

Do we "Export"?

 
 
WHY SHOULD I BUY FROM YOU?
     
We offer quality, selection, quick service and best overall value for your $$$ DOLLARS. We own what we offer (we are not brokers). We have established great buying power with our suppliers enabling us to keep supplying inventories year round. We have a 90% repeat customer ratio due to our quality, selection, quick service, and best overall value. We attend trade shows to meet with our customers. We invite all customers to visit us and take the opportunity to inspect the merchandise and have a better understanding of the closeout / liquidation business. Most importantly we do not glorify our mix assorted offers by mentioning only several brands to close a sale that we cannot deliver like many competitors and internet based brokers do. This means when you find a deal from a competitor and it sounds to good to be true it most likely is!
What is a "Jobber" ?
     A jobber is a company that has built relationships with many supply sources such as major department stores, manufactures, importers, etc., that depend on a jobber to purchase there inventories in volume year round and abide by their terms and conditions. A jobber will take the product into there warehouses break down the inventories, sanitize when required, then repack the merchandise for resale. It takes a lot of time, investment and hard work to perform this type of business. Jobbers tend to be more careful with what they purchase due to the large investment needed to operate.
Note: A great benefit of doing business with a jobber is you can inspect merchandise before you buy.

What is a "Broker" ?
     A broker can be an individual working from home or an incorporated company that deals in the transfer of merchandise from point A to B for a fee. They normally have no investment involved, no experience in jobbing, and no real product specialty. Successful brokers have one talent the gift of gab (talk). They have nothing to loose but there time. A lot of brokers offer deals to good to be true and many customers fall prey. They offer brands, great pricing and many f.o.b. shipping points leading there customers to believe they are much bigger than they really are.
Note: If a broker cannot make the product available for inspection before you buy you are putting your investment at a greater risk.

What are "Closeouts" ?
     Closeouts are a type of sale of goods below original manufacture cost that will no longer be carried or sold within the retail stores. The retail store changes its inventory seasonally; when they do this they remove all merchandise that had not sold within a period of time. Then they sell them in bulk at a loss under special agreements or contracts to jobber / closeout companies. Closeouts are mainly new items, but occasionally contain damages from increased handling. The companies who buy these closeouts generally sell them in, as is where is condition with no warrantees or guarantees. Depending on the company the merchandise may be graded and repackaged catering to the small to mid size buyers. Buying closeouts can give you a competitor’s edge by getting merchandise for pennies on the dollar.

What are "Liquidations" ?

     Liquidations are type of sales of goods below original cost in order to settle debts or reduce amount of debt owed by a company converting merchandise in to cash. The condition of merchandise is said to come in many forms. Don't assume that the merchandise is new or does not contain packaging or product damages. Liquidations are generally sold as is where is with no warrantees or guarantees unless otherwise specified by the seller.

What are "Customer Returns" ? (Clothing and Shoes)
     Customer Returns are merchandise previously sold by a retailer with a guarantee or warrantee to the consumer by the retailer or manufacture that resulted in its return back to the retailer for refund, exchange, repair or store credit depending on terms of sale of the retail store. The manufacture and the retailer take a sizable loses with this merchandise to accommodate customers. This merchandise is said to contain a variety of product conditions. Merchandise is returned to the retailer for a number of reasons including: packaging, manufacture defects, shrinkage, discoloration after wash or use, stained, sizing, miss-mates, broken components, abused by the customer, gifts not wanted or appreciated, or absolutely nothing was wrong with the merchandise accept the customer changed there minds. Many retailers do not have a closeout program and simply include the seasonal shelf pulls this increasing the value of the lots. When we refer to abused its amazing what some people due to the merchandise then expect the retailer to take it back and in most cases they do. But it only represents a small percentage of the lots or loads. Don't be mislead, that all customer returns are new because they are not. Expect new, used and damaged merchandise.

What are "Terms of Sale" ?
     Terms of Sale is a condition with regard to payment, price, charge or rates applicable to a sale. A condition or stipulations limiting what is proposed with regard to the sale. A conditions with regard to warrantee or guarantee of said merchandise to the sale. A condition in which a company discloses, to make known, a disclaimer warranting or guaranteeing merchandise for sale, disclosing terms regarding conditions, risk and or responsibility of said merchandise resulting in the transfer of merchandise from seller to the buyer. Closeouts, liquidation's and customer returns are no longer covered under any guarantees or warrantees by the manufacture, retailer or reseller due to the price of sale is below manufactures cost.

Are there any "Contracts or Agreements to Sign" ?
     Yes and No; Depending on the brand and or department store the label may be required to be marked out or cut out. There are stores that also stipulate that the resale of their merchandise cannot be within a specified distance of any of their stores. For this you will have to agree to certain terms and conditions. We also sell merchandise that is restricted for export only. You will be informed before you can make a purchase.

Can the "Merchandise be Inspected" before I purchase" ?
     Yes and No; All merchandise that we own and warehouse can be inspected at our warehouse in Miami, Florida and we encourage customers to visit if they can. Any merchandise shipped directly from the retail store distribution centers in most cases cannot be inspected by the request of the retail store. They do not facilitate public tours. Most manufactures will allow inspections with an approved appointment by us or they will provide samples and product description of merchandise being sold.

What is needed to "Make a Purchase" ?
     Anyone can purchase our merchandise as long as they can afford the minimum order requirement. If you reside in the State of Florida you will need to have a state resale tax certificate or you will be required to pay tax. All purchases made from individuals or companies in other states or foreign countries are exempted.

What "Forms of Payment" do you accept ?
     We accept cash, cashier's check, money orders, bank wire transfers, out of state direct deposits, visa, master card and American express. We DO NOT ship C.O.D. Terms of payment need to be approved by our company before sale. We do not hold or work an order until payment has been confirmed and/or received by our company. Once payment is confirmed we process the order for shipping. All orders are shipped within 24 hours to two weeks depending on quantity of orders on hand, size of order or time of year if within the busy seasons. (February, March, April, August, November and December)

Who is "Responsible" for "Shipping and Handling Charges" ?

     The Customer is responsible for shipping charges from the f.o.b. point of merchandise pickup. We have special rate accounts set up with many carriers covering all USA and International Points for your connivance. These charges are to be pre-paid with your order. In some cases customers have established there own accounts with carriers and can make there own arrangements. Customers need to inform us if the shipping address is a residence or a business. This is needed to calculate the shipping charges accurately.

Who is "Responsible" for "Lost and or damaged Merchandise" ?

     The delivering carrier should be held responsible for any lost packages and if any packages are damaged or broken which may have caused missing or product damage the delivering carrier is responsible and all claims need to be directly with them. They will not pickup a package from us unless it is properly sealed and the cartons are in good condition. However if your packages arrive and all are in good condition and you have a compliant regarding merchandise we do keep a warehouse work order / packing list regarding the details of each order we ship that we use as a reference for legitimacy.

"How long does the delivery take" from the time the shipment is made until I receive my Merchandise ?
     USA: In most cases it takes 3 to 7 business days via express ground carriers depending on distance between our company and your address. We can provide you with a tracking number and phone number of carrier when requested.
      Internationally: Depends on air or ocean, shipping time is confirmed at the time by the preferred carrier. Our company does not guarantee provided

Are there any "Other costs affiliated with my purchase" that I should be made aware of ?
     U.S. Customers; No, unless otherwise stated in your invoice.
     International Customers; Yes, You are responsible to declare the merchandise with your countries customs office. Documentation needed to clear merchandise differs between countries. Check with a local customs freight forwarder within your country for proper documentation requirements. There will be a charge added to your invoice in reference for the preparation of said documents. All international shipments require a bill of lading. Other documents that may be needed are: Certificate of Origin, Certificate of Fumigation, Packing List or Manifest of merchandise and Original Commercial Invoice.
Do you "Export" ?
     Yes and No;
Our company is not affiliated with any foreign governments and therefore do not get involved with the importation of merchandise. What we offer is a "Door to Port" freight scheduling service for our customers which includes only the reservation with the freight carrier, the packing and/or loading of merchandise to the freight carrier, the preparation of documents needed to ship and clear merchandise at its final destination. There is a charge for this service and will be noted on customers invoice. My advice to all customers check with your local authorities regarding import tariffs and restrictions before making a purchase from any company. Companies that sell a product and offer you door-to-door service put you at a higher risk with authorities and may cause you extra expenses and/or big headaches if they do not have the right contacts.

 

© 1993 AMERICAN EAGLE TRADE GROUP, INC.