We help off-price resellers get the highest returns on their pallets of merchandise. Our services help merchandise brokers, flea market sellers, auctioneers, online sellers, wholesalers, and exporters increase their profits. We offer expert advice and personalized service that other wholesalers just can’t match. We’re always looking for new ways to help our customers. Give us a call and let us know what you need. Also, we regularly update our blog with selling guides and industry tips and tricks. If you can’t find the resource you need, let us know!
We help off-price resellers get the highest returns on their pallets of merchandise. Our services help merchandise brokers, flea market sellers, auctioneers, online sellers, wholesalers, and exporters increase their profits. We offer expert advice and personalized service that other wholesalers just can’t match. We’re always looking for new ways to help our customers. Give us a call and let us know what you need. Also, we regularly update our blog with selling guides and industry tips and tricks. If you can’t find the resource you need, let us know!
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.
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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!
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.
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.
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 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!
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
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
What are Liquidation Pallets? Products get liquidated when a company goes out of business but there is a lot more to liquidation than the closeout process. Liquidation also plays an essential role in a retailer’s reverse logistics process. Items that are returned by customers or do not sell with enough velocity are also liquidated.
This is a great opportunity for discount retailers, flea market vendors, online sellers or anyone looking to start a side hustle to source their products for less by buying a retailer’s liquidation merchandise to resell.
Customer Returns – Customer returns are products bought by a customer, in-store or online How You can Profit from Liquidation, later returned. This can happen for various reasons, such as buyer’s remorse or the item not working. When a returned item cannot be put back on the shelves (or relisted online), the retailer will liquidate it.
Overstock – Overstock is brand-new stock that was never sold to customers, often due to seasonality or version upgrades. Also known as ‘store stock’ liquidations.
Shelf Pulls – Shelf pulls (also known as ‘jobouts’) are products taken off shelves because they did not sell How You can Profit from Liquidation. Often, these are older versions or end-of-life items, or seasonal products.
Closeouts – Closeouts are products taken from stores that have closed, moved, or are undergoing renovation. This merchandise is also brand-new.
Learn more about surplus merchandise and why it is sold in these categories with our guide: What is liquidation?
Why Sell Liquidation Merchandise in Texas With a GDP of $2 trillion in 2021, the economy of Texas is the second largest in the US. With over 30 million inhabitants, Texas is the second most populated US state. In Texas, 2.7 million small businesses employ 4.7 million people. 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. Texas airports are some of the largest and busiest in the country and the world.
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.
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.
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.
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
If you’re a reseller looking to save money sourcing merchandise in Texas, you should consider buying liquidation pallets. This guide will walk you through what liquidation pallets are, the merchandise they contain, how you can add value to items as well as how to buy liquidation pallets in Texas.
What Are Liquidation Pallets? Liquidation pallets consist of surplus merchandise from a major retailer or vendor that needs to be turned into cash quickly. A typical liquidation pallet contains either customer returns or overstock inventory.
There are many reasons why customers return products to retailers buying Liquidation Pallets in Texas. The top reasons given for returning items are:
20% of customers received damaged products. 22% of customers received products that looked different from what they had seen online. 23% of customers received the wrong products. 35% sent products back for other reasons, including customers changing their minds about their purchases. While at least 30% of all products bought online are returned by customers, the percentage goes down to just 8.89% for brick-and-mortar stores. This is explained by several factors. Online retailers make it very easy to return items, with many offering free return shipping, easy-to-print returns labels as well as ‘no questions asked’ returns policies.
These practices mean that online retailers need to be more flexible than bricks-and-mortar retailers, as their customers do not get the chance to test the products in person.
92% of customers are more likely to purchase from a retailer, which makes returns easier. 67% of customers are more likely to check the returns policy before buying 27% of consumers are more likely to spend over $1000 if a business offers a free returns policy. 62% of shoppers are more likely to buy if they can return a product bought online to a physical store.
Guide to Selling Liquidation Merchandise is a sales platform that focuses on in-person transactions. It attracts millions of visitors every month. On top of this, standard ‘pickup’ listings are free. This fact alone makes a perfect place to sell liquidation merchandise for profit, advertising to your local area, completely risk-free.
In this guide, we will show you how to list and sell liquidation merchandise through the platform, what the top-selling items are on OfferUp, explore why the platform is perfect for liquidated items, and explain how promoted listings work.
What is OfferUp? OfferUp is a consumer-to-consumer marketplace primarily based on a mobile app. Established in 2011, it has since become a strong competitor to Craigslist, eBay, and Facebook Marketplace as it features a mobile-friendly user interface as well as ratings of sellers and buyers. It boasts over 20 million monthly active users.
The marketplace features large photos of items, which can be searched by geo-location nearest the buyer. You can also filter searches by price, distance, and category. Sellers only need to upload a photo of the product from their smartphone. The platform prioritizes the highest bid and allows you to contact potential buyers before finalizing the deal in person.
What Sells Best on? According to ‘This Work From Home Life,’ is particularly good for selling small to mid-sized items, such as clothing, tools, and furniture. The good news is that all of these items are commonly found on an online liquidation marketplace.
Clothing Brand new clothing such as activewear, designer clothing, and accessories have strong demand on especially if shipping is also offered. Your best option is to sell clothing from brands familiar to your prospective buyers.
The rule-of-thumb is to price your items at half of the retail price, but also find out what prices were achieved for similar items in the past on before choosing your list
Returns Pallets Near Me nowadays, it’s easy to forget that Amazon started its life as a humble online bookseller. From selling its first book about human thought processes way back in 1995, the company has grown into an online global retail giant that has completely transformed the way we shop for goods. What was once a humble bookshop has now grown into a global powerhouse, with over 200 million unique visitors to the site in the US alone. Those familiar brown cardboard packages are part and parcel of everyday life, and one-click purchasing and next day delivery are considered the norm today, and no longer a novelty.
The retail model may have changed, but there’s one aspect of the business that is the same for Amazon as for bricks and mortar chains such as Lowe’s Hardware, Target, and Walmart: customer returns and what to do with them. Every year, Amazon takes back thousands and thousands of customer returns from all over the United States and Canada. These returns must be disposed of somehow, which is where specialist, big-scale liquidation companies step in.
Top-tier liquidators such as Direct Liquidation source surplus returns from large retailers such as Amazon providing small businesses access to that merchandise through their online liquidation marketplaces. With Direct Liquidation, you can find a steady source of high quality branded, unbranded and Amazon own brand merchandise at a low price.
If this is the type of merchandise your business is looking to acquire, where is the best place to buy pallets of Amazon returns near you, and what can you expect when you buy Amazon returns from a liquidation specialist?
Source: Statista, 2020.
Buying And Making Money From Customer Returns If you run a retail business, you’ll know the importance of sourcing the stock you need for your business at the lowest price possible. Many retailers have noticed a worrying trend recently where wholesale prices from traditional wholesale sources are almost on a par with retail prices. As a result, an increasing number of retail businesses have switched to buying merchandise wholesale from top-tier liquidation companies where prices for pallets of customer returns are much lower, and the choice of goods on offer is much more comprehensive.
This wide range of choice and low price makes it much easier for retailers to source exactly what they need from a liquidator, and at a price that won’t break the bank. The low price paid by buying from liquidation auctions that take place on most top-tier liquidators’ sites on a daily basis is translated into increased profits when it comes time to sell the goods to customers.
It’s this low cost, a wide range of choice and the likelihood of increased profits that keeps retailers coming back to top-tier liquidators time and time again. When it comes to buying returns from Amazon, there’s only one place your business should consider – Direct Liquidation.
What Are Amazon Customer Returns? People across the United States are now buying more products online than they are from physical stores. Online commerce grows year on year – it’s estimated to rise from a figure of $396.7 billion dollars back in 2016 to a staggering $684 billion by the end of 2020. This switch to online purchasing has benefitted companies such as Amazon immensely, but there’s a downside to the retailer: mounting levels of customer returns. Customers expect companies to have favorable returns policies, with 58% of those surveyed wanting a ‘no questions asked’ policy and 92% saying they would be more likely to buy from the same company again if they have a good returns policy.
Amazon knows full well that the customer is king, which is why they – like most big name retailers – try to accommodate their customers’ returns needs. And that means the company takes back huge amounts of returned products every month as a result of how easy they’ve made it to send products back.
Source: Invesp.
There are many reasons why products are returned to companies such as Amazon. In the United States, the reasons why products are returned can be broken down as follows:
20% of customers received damaged products. 22% of the products received looked different in real life than they did online. 23% of customers received the wrong items. 35% of customers returned products for other reasons, for example because they changed their mind about their purchases. Whatever the reason for the returns, the result is the same for Amazon as it is for other big-name retailers: they have a mountain of returns in a variety of conditions that they need to sell as quickly as they possibly can to prevent their supply lines and warehouses jamming up with non-new products.
Amazon solves its returns problem by selling them in bulk wholesale, usually to top-tier liquidation companies such as Direct Liquidation. The reason for this is that larger scale liquidation companies have the warehouse capacity and distribution networks capable of dealing with the sheer volume of returns Amazon needs to deal with. In turn, liquidators are able to offer businesses far lower prices than smaller scale wholesalers due to the low prices they pay for the wholesale returns they purchase from Amazon in bulk. That’s why, when looking to buy Amazon returns pallets, the best place to source them is from a top-tier liquidator such as Direct Liquidation.
The Best Place To Buy Amazon Returns Pallets
Source: DATAFEEDWATCH, 2020.
Direct Liquidation is a top-tier liquidation specialist that sources merchandise directly from some of the biggest names in US retail such as Walmart, Lowe’s, Target and, of course, Amazon, to bring its business customers the very best range of customer returns at the lowest possible prices to help their business customers maximize their profits.
On Direct Liquidation’s online sales platform you’ll find a vast range of Amazon returns in a whole host of categories. Navigate via the drop-down category menu to Amazon’s landing page, and you’ll find all sorts of returns pallets to suit most kinds of retail businesses, from Pet Toys & Pet Supplies, Cycling & Bicycles and Patio & Office, to Bath & Body, Books, Lighting & Light Fixtures and even Gourmet Grocery products. You’ll also find a broad range of Amazon’s brand products, such as Amazon Basics.
Shop Liquidation Pallets of Returned Merchandise <<
Sold via live auction or for a fixed or negotiated price, Amazon returns pallets bought from Direct Liquidation are a great way of supplying your business with merchandise without spending a fortune. The proximity of the company’s network of distribution centers to Amazon’s warehouses means turnaround times are minimized. This means that your business will get the stock it purchases from Direct Liquidation in as fast a time as possible. This, in turn, means you’ll be able to start listing the goods you buy wholesale from Direct Liquidation in no time at all, and see the profits start rolling in.
Where To Buy Amazon Returns Pallets Near You So where can you buy Amazon returns pallets from Direct liquidation near you? Direct Liquidation’s network of distribution centers are all located next to major highways. This means your chosen courier will not have to hunt out a dingy warehouse in the middle of nowhere when picking up your goods, cutting down on fuel costs and wait times.
As we’ve mentioned, Direct Liquidation’s distribution centers are also located close to Amazon’s warehouses.The centers are located across the United States and Canada, and so your business can get a steady supply of top-quality Amazon returns speedily and easily, meaning you’ll be selling the goods you purchase to your customers in no time.
Making The Most Of Your Amazon Returns Pallets Due to the fact that customer returns come in a number of conditions, making the most out of them requires effort if you are to maximize the amount of profit you can squeeze out of each pallet. Some of the items in an unopened, uninspected pallet of Amazon returns will be sellable straightaway, but others will need some care before you’ll be able to sell them to your customers.
Pallets of customer returns can include untouched, unopened products, products that have been opened by customers and are now missing components, nonfunctioning products, damaged products, fully functional products with damaged or missing packaging and any combination in between. The trick when squeezing as much bang for your buck out of a pallet of returns is to add as much value as you possibly can. Let’s take a look at what you can do to maximize the profits from a pallet of Amazon returns.
Sort and Bundle If your pallet of returns does not come with a manifest, you’ll need to carefully go through it to see exactly what you’ve got. Some products will be immediately sellable, while others will need to be repaired or refurbished. Some products might naturally sell well together, so make sure to note these down so they can be bundled up later.
Refurbish and Repair Because these are returns, a number of products in each pallet will be faulty and / or damaged and in need of repair or refurbishment. Some products are easy to fix, while others will require more work, either by yourself or a third party. The more faulty products that can be repaired or refurbished back to factory spec, the more value can be added.
Also, if there are several of the same products in a pallet and they’re all faulty, try taking components and accessories from one unit to use in another to return that to factory spec. This will also add value. And don’t forget to keep hold of products that aren’t in any condition to ever be sold as these can often be used for spares and repairs in the future.
Re-Accessorize Some of the products in a returns pallet will be missing accessories. In the case of electronics, for example, you might find chargers or headphones missing. These missing accessories are usually easy and cheap to replace. By re-accessorizing products, you will add to their value.
Repackage If any of the packaging on the products in your pallet is damaged, make sure you replace it either with undamaged original packaging, or with good quality replacement plain packaging. Customers aren’t attracted to damaged packaging, and having good packaging adds value to products.
Inspect and Sort All items you are going to resell need to be inspected thoroughly and advertised with the correct condition the merchandise is in. These are the merchandise conditions that we use:
New factory-sealed – These are brand-new products in pristine condition. They have never been opened and are in their original boxes, sealed in factory plastic wrapping. New open-box – These items are new and in perfect condition. The packaging, however, has been opened. Refurbished – These are items that have been inspected, repaired if necessary, accessorized, and repackaged. Used – These are functional items. However, you may see signs of wear and tear, such as scratches and/or dents.
Finally, always remember to look for and discard any original warranties you find in products. Original warranties are not valid, so make sure none are accidentally left inside packaging.
Buying Amazon returns pallets through Direct Liquidation’s online liquidation marketplace is the best way of ensuring your business gets the best of what Amazon has to offer. With a steady stream of wholesale merchandise being listed on Direct Liquidation’s site every day, there’s always something new to discover.
This steady stream of goods and the ease with which you can buy and ship your Amazon returns pallets from Direct Liquidation means you’ll always have something new to offer your customers, and the price savings you’ll make on buying wholesale from Direct liquidation means you’ll be able to offer your customers great-quality merchandise at a very attractive price. It’s a win-win situation.
Looking for the best source of Amazon liquidation returns pallets? Look no further than Direct Liquidation.
Running your own online resale business can be very rewarding, but at times getting the right deals and buying the right merchandise to sell to your customers can be a challenge. Pricing can be especially difficult as you need to buy as low as possible to secure any kind of profit on resale. The prices that single items fetch when selling to end customers nowadays are borderline ‘wholesale’, which leaves a very tight profit margin to play with.
If you specialize in electronics, you probably only want to deal with either new or nearly new items, instead of buying and selling used products. But sourcing electronic items in new condition requires a greater investment, and even if you have strong business connections to a number of wholesalers, it is hard to get the discounts that could help you stay competitive in the market.
You also need to consider the fast pace of turnover in the electronics market. A product that was ‘top of the lot’ last month is not in the top spot today. And six months down the line you may find it has been completely pushed out of the stores by brand new models. But these products do not lack quality and there is still a place for them in the market.
The question then is: how do you get your hands on these products to resell? How do you source products that maybe never got to a store’s shelves (overstock) or products that have been returned to the retailer and now have to be moved on to free up warehouse space (customer returns)?
If you are interested in buying quality products for a lower price, buying Amazon returns that have not been cherry-picked or overstock merchandise would certainly fit the bill. But where can you find a source that will provide you with a direct link to Amazon merchandise? Before we look for the best source for this kind of merchandise, we need to understand better what Amazon returns and overstock are and how you can benefit from them.
What are Amazon Returns and Overstock? Returns With the amount of merchandise handled by an e-commerce platform such as Amazon, and with 30 percent of all online purchases ending up back at the retailer, there is a significant amount of merchandise that gets resold on the secondary market and can be anything from clothing to laptops.
But to understand what sort of items these returns are and what sort of condition they are in, you have to look into the reasons why they are returned. Sometimes the retailer shipped the wrong size or color of the product, the customer expected the product to be different or the item delivered is not something the customer ordered. All these can be valid reasons for the merchandise to be returned.
You may be surprised to learn that of these returns, only 20 percent of buyers received a damaged product, Returns and Overstock Online 22 percent will get a product that looks different from what they think they ordered and 23 percent of buyers will get a completely different product sent to them.
On top of this, more and more customers are returning their products, damaged or not. This is possible due to the generous return policies many retailers have in place nowadays. In factReturns and Overstock Online, the trend has been pushed by the market demand. Around 79 percent of buyers are looking for the free returns option and 67 percent of buyers will first see if there is a returns page before they look for a product to buy. This has pushed retailers to get creative with their selling process and you will find that 92 percent of buyers will buy a product if there is a generous return policy in place and 58 percent of buyers want to have a straightforward experience with no questions asked.
Overstock Overstock, on the other hand, is slightly different. This is merchandise that never has been sold but was actually excess merchandise ordered by the retailer who misjudged the demand for the product. This means that these items are still in their original packaging and are basically brand new.
The market demand for new products does not justify keeping these products on offer for extended periods because the pace at which they can be sold is not enough to warrant keeping them in the warehouse of a fast-turnover business such as Amazon. Instead, retailers prefer to shift these products in bulk, in large orders of multiple truckloads, to free up space for new merchandise. This does not mean that there is no place in the market for these products and that you can’t make a profit by reselling them.
https://palletszone.com/ You have been in the business for a while and your traditional channels, the wholesale suppliers are not cutting it, even with all the loyalty discounts you are getting. This is why you need to look for a new source that is reputable and can provide you access to Amazon returns and overstock at even lower prices.
One such website is Direct Liquidation. At Direct Liquidations online marketplace, businesses can source liquidated merchandise sourced from retail giants like Walmart, Target and now Amazon.
Why Amazon Liquidations? Amazon is a Seattle-based ecommerce giant that saw its revenue reach $280.5 billion over 2019 with the company’s net income hitting $11.59 billion. The marketplace has over 300 million active users with over 2.5 million active sellers. Amazon has over 130 proprietary or private brands with some 422 brands sold exclusively on Amazon.
With the throughput that the company has, and the fact that 30 percent of all online sales are returned, Amazon ends up with a large amount of merchandise that has to be sold in what is known as the secondary market. The company needs to quickly shift the merchandise in order to free up warehouse space. To achieve these goals, Amazon makes use of liquidation companies capable of handling large quantities of customer returns or overstock merchandise.
This spares retailers the hassle and cost of processing and liquidating their own returns and overstock, while letting them extract some value from these products. This is where Direct Liquidation comes in as a liquidation platform that takes the burden of liquidating Amazon customer returns and overstock merchandise from Amazon itself. We are capable of handling the large quantities of liquidated merchandise.
Our open platform then allows resellers like you to buy smaller quantities of this merchandise, way below the usual MSRP – to sort and sell. Many of our unsorted truckloads of Amazon returns, for example, are sold in a buy-now format for only around 10% of estimated retail value.
Amazon Overstock New, What is the Condition of Amazon Returns? The ‘scrap’ label gets thrown around very easily when it comes to liquidation merchandise. And it is a fact that a portion of liquidated merchandise consists of used, non-functioning and scrap items. However, Direct Liquidation works only with reputable retailers and top-tier companies. Names such as Amazon and Walmart are almost synonymous with quality products. So while a portion of liquidated merchandise is used, not working or only good for spare parts, this does not mean every lot you pick is scrap. In fact, between 45 and 70% of all returned merchandise comes back in a completely unused condition. And when it comes to untested customer returns, up to 75 percent of plug-and play electronics need no repairs.
Your ability to refurbish or repair merchandise yourself comes in handy in a situation like this. If you don’t mind fixing products and know your way around them, you could potentially score a higher profit by fixing the merchandise yourself, combining two non-functioning products into one that does, or using one product as a parts donor to repair multiple other products. It is a numbers, patience and skill game and you can directly influence the quality of the merchandise you resell.
When Direct Liquidation sells untouched returns on our platform, you can be assured that the merchandise hasn’t been sorted through and that it is listed and sold ‘as is’. This means that the retailers pack the merchandise and it remains untouched until it is shipped directly to our customers. With other pallets, including overstock, you are provided with a manifest, a packing list which will show you the number of items contained in a pallet, the type of items and a description of the items. So make sure you read through the whole list before buying.
It is worth noting that merchandise sold through liquidation platforms such as Direct Liquidation comes in all shapes, sizes and conditions. Some products are resold without being tested; some, however, do get tested and even refurbished in-house at Direct Liquidation’s warehouses. These products are basically as new. These products are inspected and tested by qualified suppliers and brought back to ‘like-new’ condition.
Products that have been refurbished by Direct Liquidation can come in various grades, but essentially they are operating ‘as new’ and also come with a 90-day warranty.
Overstock will be in a completely unused condition, and comes in either the original packaging or sealed in generic packaging, ready for resale. These items might come at a higher purchase price than untested returns, but you will know exactly what you are getting. They will be more attractive on resale and may fetch a higher resale price. In the end, you may find this stock below the price you are able to negotiate with your usual wholesale supplier. Make sure you do your calculations before purchasing any pallet of liquidated stock. The key to a successful business is research.
Liquidation Marketplaces Vs. Traditional Wholesalers Wholesale suppliers deal with brand new merchandise that is acquired from the manufacturer directly and sold in-bulk to retailers with a markup. Buying in larger quantities reduces the price. This means that for smaller businesses, brand new merchandise, at the prices needed to make a profit, can be out of reach due to higher investment required. Customer returns and overstock merchandise are usually not sold as new, although they may come to you in original, unopened packaging. And the fact that it gets liquidated in large amounts Returns and Overstock Online, from the pallet to the truckload, helps with keeping the prices even lower. This is another reason why overstock merchandise is so appealing.
It is essentially brand new merchandise that never got sold, and that is now being liquidated, which is why the price is so low. When compared to untested returns, it does come at a higher price point, but you’re also looking at making more on resale.
Returns and Overstock Online, Direct Liquidation has dedicated account managers who will help you arrange purchases and find the merchandise you are looking for at the prices you are comfortable paying. They will even work with you on delivery schedules if you decide to make frequent purchases and will also help you search for a suitable delivery option.
And with Direct Liquidation’s established network of distribution centers Returns and Overstock Online, buying from those that are closest to you provides you with further opportunities to save. In some cases, you may even be able to arrange to pick the merchandise up yourself. This would also be a significant cost saver.
So, if you are looking to buy Amazon returns and overstock onlineReturns and Overstock Online, going through Direct Liquidation is probably the choice that will provide you the best shot at getting the right merchandise for your business while boosting your profit margins in the process.
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