A Guide To Wholesale Liquidators And Auction Liquidators. What You Should Know.

To Wholesale Liquidators And Auction

To Wholesale Liquidators And Auction wholesale liquidators are suppliers who have huge selections of wholesale, closeout, overstock, and surplus merchandise in their own warehouses. Frequently, they do buy directly from large retailers. These large retailers, however, add markups since they house hundreds of thousands of products and need to remain profitable. They distribute their inventory to large buyers.

Auction Liquidators auction off their excess inventory and merchandise. The prices are not fixed, as buyers are able to bid and compete amongst other bidders. They distribute inventory to smaller buyers or consumers. Auction liquidators typically hold auctions in a physical location and charge potential buyers a fee to bid on the auctions.

wholesale liquidators and auction liquidators
How the Palletszone Sourcing Network is Different
Unlike auction liquidators and wholesale liquidators, Palletszone does not own consign, or purchase any of the inventory, as the inventory remains the ownership of the retailer or manufacturer. The Palletszone Sourcing Network is not a liquidator. Instead, the palletszone Sourcing Network gives buyers free access to liquidation, refurbished, and overstock inventory in bulk, directly from major retailers. It is free, and there are no middleman markups (usually from wholesale liquidators, auction liquidators). The Palletszone Sourcing network is made up of private liquidation auction marketplaces that Palletszone Solutions powers and manages for large retailers such as Macy’s, Walmart To Wholesale Liquidators And Auction, and Sam’s Club, among others. We enable these retailers to auction off their excess inventory directly to smaller resellers at a fraction of MSRP. Buyers can bid on excess inventory with confidence , knowing whom they’re buying from, and what they can expect.

I feel so confident shopping and bidding on items knowing that I am going to get what I paid for. And if not, there’s a killer customer service team that’s going to make sure everything’s alright in the end. That’s huge. It’s hard to take that risk when you’re first starting out.”

Where & How to Buy Target Return Pallets

How to Buy Target Return Pallets

How to Buy Target Return Pallets if you’ve walked into a Target, you know this retailer has endless options to choose from — which is why nearly eight out of 10 U.S. shoppers are Target customers. Target caters to guests at more than 1,900 stores and on Target.com. This leaves plenty of room for in-store and DOT COM returns, plus other liquidation inventory like overstock and seasonal merchandise. So, how can you get your hands on Target return pallets?

Target Auction Liquidations is an official liquidation channel for Target that offers bulk quantities of categories like apparel & accessories, electronics, home decor, music & movies, shoes, small appliances, sports & toys, video games, and mixed lots. This big box store’s pallets of customer returns and overstock are appealing to resellers big and small, too. In an auction-style set up, resellers have the chance to secure Target liquidation inventory for the price they want.

In this article, we go over Target’s marketplace from top to bottom:

Overview of the Target marketplace
What makes Target returns valuable
How to buy Target customer return pallets
Reselling Target liquidation
Target Auction Liquidations: An Overview
Types of inventory
Target Liquidations is a marketplace where qualified buyers can bid on excess inventory from Target Stores and Target.com. Inventory is manifested and unmanifested and comes in several different conditions. Different product categories include:

Apparel & Accessories
Shoes
Electronics
Home Decor
Music & Movies
Small Appliances
Sports & Toys
Video Games
Mixed Lots
Browse Live Auctions

What makes Target return pallets so valuable?
Depth of SKUs that they carry
Target has inventory in all major categories. Not only that, but hundreds of options or SKUs. That means if you want to be an apparel reseller, you have not only men’s and women’s clothing but young adult, shoes, accessories, maternity, seasonal, dresswear, activewear, loungewear How to Buy Target Return Pallets, intimates, and more. Now imagine the different SKUs for home merchandise like bedding, bath, decor, furniture, etc. And then patio, electronics, office, and entertainment—the list goes on! This is a lot of inventory to choose from. And remember, if it can be found on primary shelves, then it can be resold on the secondary market.

What Are Ex-Catalogue Pallets?

What Are Ex-Catalogue Pallets?

What Are Ex-Catalogue Pallets? if you’re a reseller in the UK, ex-catalogue inventory should be on your radar. Ex-catalogue inventory is merchandise that didn’t sell in stores, making it essentially surplus or excess stock. Traders can buy bulk quantities of discounted ex-catalogue stock directly from retailers and then individually resell items closer to RRP (recommended retail price) for a profit. And if you’re looking for variety, no problem! Ex-catalogue stock can be of various types like apparel, jewellery electricals, toys, seasonal, household items, furniture, and more.

You can find big retailers like Amazon, Wayfair, and more sellers listing their ex-catalogue inventory on online auction sites because it’s efficient and transparent. And for buyers what Are Ex-Catalogue pallets?, you only pay what you want for inventory at auction prices! So whether you’re looking for ex-catalogue apparel pallets or furniture pallets, there’s something for everyone.

Learn all there is to know about ex-catalogue pallets and how you can secure them for your business.

Ex-catalogue vs wholesale
Ex-catalogue inventory is different from purchasing wholesale because this is inventory that didn’t sell in-stores. Rather than take up space on retail shelves, these items get marked down as retail clearance or sold off by the pallet (and truckloads!) directly to other traders. Bear in mind, this inventory was available to customers either in-stores or online already. Which means it can still be in new condition, just liquidated in order to clear shelves and make way for new product.

With wholesale, goods and merchandise are available to resellers and businesses to purchase. The wholesale price is usually fixed and the amount of product can vary substantially. The goods are usually sold – by the wholesaler – in bulk qua what Are Ex-Catalogue pallets ntities with the intention of being resold by the purchaser. Something else to note: true wholesaling is generally not available to the standard consumer.

Bulk buying inventory, in this case, ex-catalogue inventory, means items are deeply discounted because they didn’t sell at their original retail price. (And you’re also buying a lot more inventory at once than one by one.) You can find certain product categories sold for up to 80% off RRP

How to Buy Liquidation Pallets by Store

How to Buy Liquidation Pallets by Store

Consider this: Consumers spent $861.12 billion online with U.S. merchants in 2020. And a whopping 30% of those purchases will get returned (compared with just 8.9% for in-store purchases). There are a few reasons why online purchases get returned — maybe the item was damaged in transit, looked different online, doesn’t fit, or was sent the wrong item. But where does all of that returned merchandise go? Unfortunately for retailers most of it cannot be resold on primary shelves, so it gets liquidated. While retailers have always relied on liquidation and wholesale to resell excess inventory and customer returns, the shear rate has skyrocketed, leaving retailers scrambling to keep up. This equals a great opportunity for small businesses looking to buy and resell liquidation pallets. In fact, many resellers are making money from home online this way!

The best part is almost every retailer you know and love liquidates. Meaning, you can find inventory across the broad retail spectrum. From apparel and health & beauty to home & garden and consumer electronics, any consumer product you can find on shelves can ultimately end up on the secondary market. We’re going over how buyers like yourself can buy liquidation pallets by store.

Buying Liquidation Pallets for Your Business
Due to the volume of customer returns and excess inventory, retailers need new solutions to offload all of this merchandise. While many still use traditional liquidators, others are turning to online B2B marketplaces – allowing buyers to access their top-quality, brand name goods directly at a fraction of the price. And with a wide range of product conditions, shipment size options, and budgets, there is liquidation inventory available to support every business need.

And fortunately, buying liquidation pallets has never been easier! Through retailers’ official liquidation marketplaces, you’re able to maintain an inventory of great products for your customers, get deep discounts on top brands, and increase profits. Gone are the days of shady back door deals with less-than-reputable liquidators. Through online liquidation auctions, you gain direct access to retailers, save time, eliminate the middleman, lower risk, make more money, and have a steady supply of inventory.

What do we mean when we say a wide range of product conditions, you might ask? Well, exactly that. You can source brand new, good/fair, like new, mixed, salvage, grades A-E (for mobile), scratch & dent, refurbished, and just about any other inventory type under the sun!

How to Buy Liquidation Pallets by Store
Whether you’re looking to source home and garden goods, furniture, groceries, health & beauty inventory, consumer electronics, cell phones, computers, or clothing, you can find it from top retailers and brands. To begin and find the right inventory needs for your business, start by browsing that retailer’s dedicated liquidation marketplace page. Let’s take a closer look.

Amazon Pallets
If you’re looking for a wide variety of inventory for your business, Amazon returns pallets are a top choice. Registered business buyers can buy liquidation pallets directly from the world’s largest e-commerce company on Amazon Liquidation Auctions. U.S.-based buyers can bid on full truckloads of overstock home goods, apparel, books, consumer electronics, groceries, footwear, accessories, and more. Once registered and approved by Amazon, start bidding and buying bulk lots of overstock inventory with auctions available in over 50 locations.

Register Now

Lowe’s Pallets
If you’re in the home improvement business, you want a reliable source of top-quality merchandise that’s priced low enough to turn a healthy profit. The good news is Lowe’s offers liquidation pallets of home and garden goods, tools, and appliances to support your business. Even better news? A large percentage of this liquidation inventory is actually brand new and fully functional. With so many customer returns coming back to Lowe’s’ network of retail outlets and stores each year, Lowe’s resells this merchandise as quickly as possible to free up valuable shelf space for new products. This is why you’ll find truckloads of top-quality Lowe’s merchandise on their liquidation site Lowe’s Liquidation.

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Walmart Pallets
Walmart Liquidation Auctions allows resellers to bid on liquidation pallets of excess inventory, store returns, and refurbished bulk lots directly from Walmart. Typical Walmart returns and liquidation inventory includes TVs, electronics, home & garden, furniture, bikes and ride ons, appliances, apparel, and more for a fraction of retail MSRP. Rather than buying from a liquidator or wholesale supplier, save money and increase your profit margin by purchasing pallets directly from Walmart through a verified source.

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Target Pallets
One of America’s favorite general merchandise retailers also liquidates its customer-returned merchandise. Target returns can be brand new, unopened, slightly damaged, or slightly used. Once Target returns are received, they are packed up on pallets and liquidated – clearing out storage space in their warehouses. To expedite this process, Target partners with reputable liquidation companies like B-Stock. In fact, nine of the top 10 U.S. retailers use B-Stock for their liquidation needs.

Target pallets include liquidation home & garden inventory like bath, kitchen, and furniture, as well as apparel, cosmetics, baby products, small appliances, sporting goods, and consumer electronics. Register for Target Auction Liquidations to snag this inventory and more!

Buying Emma Sleep Returns: What You Need to Know

Buying Emma Sleep Returns

Buying Emma Sleep Returns emma Sleep is one of Europe’s fastest-growing sleep innovation companies. The company was founded in Frankfurt, Germany in 2015. Since then, they have expanded to 21 countries on 5 continents. This successful box-delivery mattress company is also a Premium Seller on Supply Europe!

Supply Europe is where businesses sell their excess and overstock inventory to other businesses. As a buyer, it’s perfect for sourcing products at prices low enough to resell for a great profit on eBay, Amazon, or in-person. Buyers can bid on Emma Sleep overstock and returns on Supply Europe.

In this article, we go into more detail about this Premium Supply Seller, plus:

Overview of Emma Sleep auctions
What makes Emma Sleep inventory valuable
How to buy Emma Sleep overstock and returned mattresses
Tips for reselling liquidation mattresses
Emma Sleep: Premium Supply Seller
Featured auctions are available for approved B2B buyers to bid on new condition mattresses and accessories. This includes primarily overstock and customer returns in categories like home living and furniture. For UK buyers looking for excess or surplus stock, liquidated goods, ex-catalouge furniture, and other unsold inventory, Emma Sleep should be on your radar.

Inventory type includes:

Mattresses (Full, Queen, Cal King, King)
Mattress toppers
Pillows
Frames
Resellers and sole traders then acquire this inventory to introduce into the secondary market, all while offering their customers a good deal and profiting along the way. Let’s go over why you should be interested in this type of inventory and how to start buying Emma Sleep liquidation.

Register Now

What makes Emma Sleep inventory valuable?
Replacement purchases

Mattresses need replacement just like any appliance or winter coat would. According to the Sleep Foundation, mattresses have a seven-year lifespan. The best part is that they will always be considered an essential purchase! Your resale business has the opportunity to capture the eyes of online shoppers looking to snag a deal on their next mattress replacement purchase.

Price tag
Let’s talk retail price per unit. When you purchase overstock mattresses or excess liquidation inventory in general, you are spending far less per unit because you are purchasing in bulk. One full-priced mattress could easily be €600-€660. Now imagine a half truckload of 200 mattresses. If you did the math, you know that’s an estimated retail cost of ​​nearly €129,000! Now with auction start prices as low as €1,000 coming into play, that’s a lot of merchandise at a mere fraction of the cost! When you go on to resell your individual goods closer to RRP, you’re making quite the profit.

How to buy Emma Sleep overstock and returned mattresses
VAT requirement
All buyers must be registered as a business and provide a VAT identification number. VAT stands for value-added tax and lets you buy liquidation pallets tax-free, with the expectation that you charge this tax to your customers when an item sells.

How items are sold
European buyers can browse auctions that interest them and place bids based on the retail value of the goods. The most important auction details will be listed in the auction title. For example, the title “Half Truckload of Mattresses, 111 Pieces, New Condition, Est. Original Retail €49,550, Minden-Lübbecke, DE” tells you the shipment type, inventory type, quantity, condition, estimated retail, and where it’s coming from.

Browse Live Auctions

Filters on Supply EU
Filters allow you to sort through auctions that meet your criteria. You can search by Categories, Currency, Condition, Shipment Type, Country, Inventory Type, and Cosmetic Condition. We’ll break down the importance of a few of these filters below.

Currency
Since Emma Sleep lists auctions based out of the US, as well as EU countries, you will see auctions with different currencies Buying Emma Sleep Returns. Be sure to select which currency applies to you in order to avoid any confusion. You may choose between:

Euro
US Dollar
For Emma Sleep inventory listed out of the US, check Supply.

Listing location
The number of miles your lot has to travel to get to you directly impacts the cost of shipping. That’s why shipment size and location are important considerations for determining the best auction for you. Emma Sleep currently ships inventory out from the following location:

Minden-Lübbecke DE
Shipment type
Emma Sleep has lot sizes that range from half truckload to less than half truckload Buying Emma Sleep Returns. Pallet sizes measure at 95 x 48 x 71 cm. A truckload has 24 pallets and an LTL auction (less than truckload) has a max of 11 pallets per each truckload (TL).

Less than half truckload – 12 and fewer pallets
Half truckload – 12-16 pallets
Truckload – 21-32 pallets
Note: 12 and 21 are UK sizes; 16 and 32 are EU sizes.

Remember, furniture inventory is often bulky Buying Emma Sleep Returns, and some items may be on other pallets or separated! Emma Sleep’s inventory will be palletised and roll-packed, this means the mattress will be rolled and vacuum-packed and fit into a box.

A Guide to Buying Cell Phones in Bulk

Guide to Buying Cell Phones in Bulk

A Guide to Buying Cell Phones did you know that most once-owned smartphones will still have two to four more users before reaching end-of-life status and getting recycled? Thanks to trade-in programs and customer returns, among other channels, there is a huge demand for secondary market cell phones. Buyers can acquire used and returned cell phones via online auction sites like B-Stock. In fact, mobile is a behemoth of a category to get into if you’re a reseller or wholesaler. From used iPhone returns to trade-in Samsung Galaxy units, buying cell phones in bulk generates steady business for mobile resellers!

In this article, we’ll go over:

The mobile category
How cell phones reach the secondary market
Benefits of buying cell phones in bulk
Best practices for buying cell phones in bulk
Best practices for reselling cell phones
The mobile category

​​In 2022, the number of global smartphone users is estimated to be 6.6 billion! Smartphones on the secondary market are just as hot of a commodity—cell phone returns and trade-ins, especially.

The products that make up this category may be small, but they are in fact mighty. Because there is a high demand for this product category, a mobile reseller, wholesaler, or exporter can build quite a lucrative business. According to CCS Insight, second-hand smartphones reached $13 billion in revenue for organized commercial resellers in 2021.

Here are some top mobile manufacturers that make up this category

Mobile manufacturers and carriers have a few reasons for selling excess stock via online auctions Guide to Buying Cell Phones. Inventory includes store demo models, overstock, aging units, warranty replacements of damaged and defective units, and store returns. Let’s break down a few ways that mobile inventory makes its way to the B-Stock platform:

  1. Trade-in programs
    Consumers in the market for a new cell phone will visit retailers like Verizon and AT&T to trade in or trade up Guide to Buying Cell Phones. Trade-in programs through the carriers are a leading cause of mobile inventory entering the secondary market via resellers and wholesalers that buy these cell phones in bulk

Buying Unmanifested Liquidation Pallets and Truckloads: What You Need to Know

Unmanifested Liquidation Pallets and Truckloads

In our guide to buying unmanifested liquidation pallets and truckloads we will explore what unmanifested pallets are, why merchandise is sold unmanifested, how to buy this merchandise as well as some top tips and tools you can use to become more profitable.

Buying Liquidation Pallets and Truckloads: Manifested or Unmanifested?
When you buy a manifested pallet or truckload it will come with a complete list of all products contained in the load along with information like the product names, model numbers and retail prices. Every supplier has a different manifest format and the information contained in the manifest as well as its information quality will vary. A general rule of thumb in the industry is to provide a 95% or better manifest accuracy.

Unmanifested loads on the other hand are purchased blind with no itemized list of the contents. You will know details like the retailer where the product was sourced from along with a general idea of the category of product and a rough estimate of the load’s retail value.

What is in an Unmanifested Pallet or Truckload?

Unmanifested liquidation truckloads and pallets typically consist of raw customer returns. Depending on the warehouse management system the retailer uses they may provide goods that are sorted into different sort categories or completely unsorted sold as “general merchandise”.

Customer returns are items that customers have returned to stores and online retailers. The main reasons why customers return goods to online retailers are:

20% of customers received damaged goods.
22% of customers returned products because of discrepancies between descriptions and photos and what the product actually looks like.
23% of products are returned because they differ from the one the customer purchased.
35% of products are returned for other reasons; for example, the customer just changed their mind.
Customers expect a returns policy that allows them to return products easily without any questions as well as free shipping when they purchase online.

67% of shoppers check out a retailer’s returns policy before buying
92% would buy from a retailer again if they have an easy returns
79% of online customers expect free shipping
These are numbers retailers simply can’t afford to ignore, and has prompted 49% retailers to also offer free returns shipping in addition to free shipping of the original order.

This, in turn, has led to an explosion of returns. Currently, 30% of all products ordered online are returned to retailers. The figures are not as high for bricks-and-mortar stores where 6.8% of items are returned by customers.

The upshot is this leaves retailers with a massive amount of customer returns inventory they need to liquidate so they can recover some value from this merchandise.

How to Process Unmanifested Merchandise
Once you have unloaded the merchandise from the truck, the first thing you need to do is organize and catalog the products.

Identifying What You Have
If products still have their UPC barcodes on, then a simple barcode scanner with associated software can automatically generate a spreadsheet of the merchandise you are scanning. You can use this database to look up the current pricing for these items.

If items come without packaging you can look at the website of the retailer the merchandise has originated from. If the product line is currently in stock, you can use the online listings to gather information about the make, model and price of the items.

How to Make Money From Home in Texas with Liquidation Pallets

How to Make Money From Home

How to Make Money From Home buying liquidation merchandise to resell can be a great home-based business for Texas residents. Our guide will show you how you can make money from home buying liquidation pallets.

With tough economic times, more and more people report needing a secondary income source. Currently, over 45% of working Americans report having a side hustle. That amounts to roughly 70 million people. Texas is the second most populated US state, with over 30 million inhabitants, suggesting 13,500,000 Texans are earning money outside their main job. Let’s look at the most common reasons cited as to why people set up these part-time businesses:

Why do so many people try a side hustle?

38.7% – More personal freedom
27.4% – Extra income to save, spend, or invest
11.7% – Extra money to make ends meet
6.2% – Pay off debt faster
5.6% – A creative outlet
4.6% – “It felt like a calling.”
38.3% of Side Hustle Nation subscribers reported working 5-20 hours a week on their business, leaving plenty of time for their primary job, childcare, etc.

Let’s explore why a resale business is perfect for working from home and how you can benefit from buying liquidation pallets in Texas How to Make Money From Home.

Why Start a Liquidation Resale Business in Texas?
Reselling is the process of buying merchandise not for consumption but for the purpose of selling it to an end consumer. Reselling can be a great way of making money either as a full-time business or as a side project.

A liquidation resale business typically sources inventory by buying surplus merchandise in the form of customer returns or overstock from retailers through liquidation marketplaces or auctions.

As retail sales are expected to reach $53 billion in 2023 How to Make Money From Home, the resale and secondhand market is expected to boom. The number of small businesses in the United States is also growing, with 32.5 million registered at the end of 2021, representing a 2.5% annual growth rate and constituting 99.9% of all businesses registered in the country.

Advantages of Running a Business in Texas

There are no corporate or individual income taxes in Texas, nor are there state property taxes.
The regulatory environment fosters small businesses: the rules are clear and easy to comply with.
The economies of the largest metropolitan areas in the state (Dallas-Fort Worth, Austin, Houston, and San Antonio) keep growing, stimulating the rest of the state economy.
Texas is a national transportation hub. Taking the Dallas/Fort Worth area as a starting point, a truck can reach 93 percent of the country’s population within 48 hours and 37 percent within 24 hours.
Liquidation merchandise can come in many forms but the main two are; customer returns and overstock. Customer returns as the name implies are items that were sold to an end consumer and returned to the retailer. Overstock is brand new inventory that has never been sold to an end consumer. Both of these classes of inventory are considered surplus inventory to a retailer and are often sold via liquidation channels.

This inventory is palletized by the retailer and then sold by the pallet or truckload to companies to resell.

Exporting Liquidation Merchandise from Texas to Mexico: What You Need to Know

Exporting Liquidation Merchandise Pallet

Exporting Liquidation Merchandise Pallet texas is in an ideal position to host businesses buying liquidation merchandise to export to Mexico. Texas exported $109.7 billion in goods to Mexico in 2018, representing 35 percent of the state’s total goods exports. This article will explore what liquidation merchandise resellers need to do to export products into Mexico from Texas.

There were 6,959,384 commercial freight crossings at the US-Mexico border in 2021.

3 of the top 4 gateways into Mexico by traffic are in Texas:

Laredo, TX
Otay Mesa, CA
Hidalgo, TX
Ysleta, TX
Texas is also home to many of the nation’s largest retail distribution centers Exporting Liquidation Merchandise Pallet, including centers for Amazon and Walmart. These logistics hubs are used as collection points for customer returns and overstock inventory that need to be liquidated which gives Texas resellers a unique advantage when considering buying this product to export to Mexico.

Starting a Business in Texas: How You Can Profit from Liquidation

Exporting to Mexico: The USMCA
On July 1, 2020, a new trade agreement between the United States, Mexico Exporting Liquidation Merchandise Pallet, and Canada went into effect known as the United States-Mexico-Canada Agreement, or (USMCA). Liquidation merchandise purchased in Texas for export to Mexico falls under this agreement.

Certifying Product Origins
A certificate of origin, or COO, is necessary for any shipment into Mexico valued at more than $1000 (though some shipping companies will require one for a shipment below this amount).

You can use a pre-written form, or create your own, but it must contain this information:

Who is the certifier (importer, exporter or producer)
Certifier name, address including country and contact information
Exporter name, address and contact info (if different than certifier)
Producer name, address and contact info (if different than certifier)
Importer name, address and contact info (if different than certifier)
Description of goods
HS tariff classification number
Origin criterion
Blanket period (certificates may be for a specific shipment or multiple shipments. Certificates issued for multiple shipments will include a date range, during which certification will be valid. Date ranges can be up to 12 months)
In addition, the certification must be signed and dated by the certifier and accompanied by the following statement:

Facebook Marketplace: Guide to Reselling Liquidation Merchandise

Facebook Marketplace ads reach

Facebook Marketplace ads reach if you’re looking for an online platform to sell your liquidation merchandise, you can do a lot worse than Facebook Marketplace. The website allows you to sell your merchandise locally, allowing your customers to come to you – and best of all, if you don’t opt for certain features, all your listings and sales will be free. Let’s explore how Facebook Marketplace works, how to post listings, and what additional features are available to you.

What is Facebook Marketplace?
Facebook Marketplace is Facebook’s classified ads service that allows sellers to list products for free. The listings can include photos and descriptions and are tagged to a specific location. Facebook Marketplace is very convenient to use and has a very large potential customer base.

Facebook Marketplace is targeted toward local pick-up sales. Shipment sales are a new feature for which a selling fee is charged (see below). These sales have to be listed through Facebook’s Commerce Manager.

You can use this platform for advertising to potential local customers Facebook Marketplace ads reach, allowing you to test your local market and find out what sells with very low risk.

Facebook Marketplace: The Numbers
There are 190,000,000 Facebook Marketplace users in the USA.
Facebook and Facebook Marketplace attract over 2.91 billion monthly users. That’s around 35% of the entire world’s population.
77% of Internet users are active on at least one Meta platform
Facebook Marketplace registered more than one billion monthly global users in the first quarter of 2021.
In 2019 6% of survey respondents said they buy products from Facebook Marketplace. In 2020, that figure doubled to 12%.
The conversion rate for advertising on Facebook and Facebook Marketplace for businesses has been found to be as high as 9%
Furniture, kids’ toys, vehicles, and tools are among the most popular items on Facebook Marketplace.
70% of people earning more than $75k a year use Facebook on a regular, often daily, basis.
Facebook Marketplace ads reach 562 million people globally.
$26 billion gross revenue was made on Facebook Marketplace in 2021, an increase of 48% from 2020