Part of Weymer’s experience involved selling online. Since he knew that retail was headed in that direction, he thought he might be able to use his background in consumer electronics to sell products on eCommerce marketplaces.

“I’ve always been a good gadget person,” he said, “and as my wife will attest, I have too many toys too much of the time. I started doing research and kind of stumbled into eCommerce.”

Weymer found a partner, and the two discovered Algopix when looking for a solution to speed up the procurement process. Although they looked at other solutions, they were impressed by Algopix’s ability to provide insights across many channels, rather than just being limited to Amazon.

The Solution: Using Algopix’s Reliable Sales Data to Choose Inventory

Weymer’s business focuses primarily on liquidation and closeouts, so he and his partner used Algopix’s bulk analysis to quickly analyze manifests and determine sales potential. They began by purchasing a few products and selling them. Very quickly, however, their storage unit filled up and they started renting a warehouse office space.

“We are finding that, using Algopix, we are able to get deals by accelerating our purchasing decisions over more complex inventories,” Weymer explained. “We are finding that we can use opportunities to buy items off of lots that most people may steer clear of because it takes them time to dig through them. But we can speed up that process using Algopix.”

Weymer also noted that Algopix is helpful for researching used and refurbished items.

“We do some refurbishing ourselves,” he said, “and with Algopix, we can consider looking at open-box products. Having the flexibility to look at these types of products is important for us.”