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Case studyUpdated By John Coorey

Overstocks of trendy organiser bags and Beary pouch bags

These overstocks were a regular line of organiser bags, 35,599 units in Sydney, plus 3,892 Beary pouch bags that play sounds. The bags were fine; some hang-sell hooks were coming off the header cards. A packaging fault like that rarely stops stock selling if you're honest about it.

This is a parcel of overstocks we offered to our buyers. It's a good example of stock with nothing wrong with the product itself, only the packaging.

What was in the parcel?

Organiser bags: 35,599 units, ex Sydney - A regular line with a good name for style and quality of materials - All barcoded and packed in inners within outer cartons - Some, not all, of the hang-sell plastic hooks were coming off the header cards

Beary pouch bags: 3,892 units, ex Sydney - 13cm round, playing one of two sounds - Pink, cream, brown, red and beige - Recently sold at the Royal Easter Show in Sydney with strong sales

Why does good stock end up as overstocks?

A small fault can stop a retailer accepting delivery. Here, loose hang-sell hooks meant the bags couldn't hang neatly on a peg wall. The supplier was left with tens of thousands of units that were perfectly usable.

What makes stock like this sellable?

The product is sound, barcoded and properly packed. The fault is cosmetic and easy to explain. Buyers who sell from bins, tables or online don't need a hang-sell hook at all.

What makes it harder is volume and perception. 35,599 units is a lot for one buyer, and some buyers hear "faulty" and stop listening. We're transparent about the issue, which keeps trust on both sides. If the parcel is too large, we can look at breaking it up.

Who typically buys it?

Discount chains, wholesalers and overseas buyers for the organiser bags. Show and event sellers and toy and gift wholesalers for the pouch bags. Charities can also take part of a parcel. Accessories like these sit alongside our work in clothing and footwear.

What should a seller with similar stock do?

Don't let a packaging issue turn into dead stock. The longer it sits, the harder it is to sell.

  1. Send us a stock list spreadsheet (SKU, description, quantity, cost or RRP if you're happy to share, and any best-before dates), a few photos and the location of the stock. Email it to john@coorey.com or call John on 0411 430 047. Tell us exactly what the fault is.
  2. John discreetly surveys the market to find out what it's worth.
  3. In most cases, he makes an offer to buy all of it.

See how we buy excess stock or our guide on who buys excess stock.

Good stock, imperfect packaging?

Share the details of your stock, attach a stock list or photos if you have them, and we’ll get back to you personally.

Stock list, photos & documents optional

Drop files or folders here, or browseTap to add photos & filesSpreadsheets, photos, PDFs, videos — any size, as many as you like

    Your details stay confidential. John replies the same business day. Prefer to talk? Call him on 0411 430 047.

    John Coorey

    Managing Director, Coorey and Co. Buying and selling excess stock for over 30 years.

    Frequently asked questions

    Will you look at stock with damaged packaging?

    Yes. We're transparent about faults with our buyers and can often still find one. We can't promise to buy every parcel, but it's always worth asking.

    Should I repackage the stock before selling it?

    Not before talking to us. Some buyers will repack themselves, and repackaging can cost more than it adds.

    How big a parcel can you handle?

    There's no minimum or maximum. This one was nearly 40,000 units, and where a parcel is too large for one buyer, we can look at breaking it up.

    Do you need samples?

    Photos usually come first. For quality-led products like these, a sample can help a buyer feel the materials.

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