Buying Liquidated Stock For Resale
Lets look at the options you have and where to buy pallets of merchandise.
The traditional way would be to look for a new-stock wholesale supplier to stock up. Wholesalers deliver merchandise to smaller buyers as they enable buying merchandise by the pallet.
However, if you look closer at the online marketplaces, single items being sold online are getting very close to their original brand-new wholesale prices. Once you factor in the shipping costs, your profit margin dwindles quickly, which in turn shows that if you are not buying large amounts of merchandise to push the price per unit down even further. Purchasing merchandise from a wholesaler makes no business sense if it doesnt make you money.
While you could buy directly from the manufacturer, you would usually be faced with a very high minimum order requirement. This in turn requires a significant investment from the start.
There is, however, a middle ground: liquidated stock. When speaking of liquidators and liquidation business, many people get the idea of scrap, used or broken merchandise that no one wants to buy due to the condition or quality. This is not the whole story.
While a large portion of merchandise is customer returns and very cheap products, there is no denying that liquidated merchandise is changing the e-commerce landscape. Through this stream, many are now able to push resale prices so low.
Why Source From Direct Liquidation
- More profit Bulk buy inventory and save big. We have 6 convenient warehouse locations to ship from allowing you to reduce your freight costs by shipping from a location close to you
- No middle man We are the direct liquidation agent for top national retailers and manufacturers. Buy direct from the source and cut out the middle man. We sell virgin loads that are not cherry picked.
- Large volume We can provide you with access to inventory quantities as large as truckloads across over 100 different product categories whether you need untouched General Merchandise, Apparel or sorted Customer Returns. Spend less time sourcing and more time selling.
- Less risk All of our lots are fully manifested **. You can see what you are buying before you actually bid.
- High quality inventory Our lots consist primarily of retail returns often in the original packaging. Brand new overstock and unsold inventory is available as well.
- Save time We also sell sorted customer returns pallets in over 40 different sorting categories. No need to buy a pallet of junk and sort it yourself, weve done the heavy lifting for you already.
- Steady supplier We receive a steady stream of new inventory by the truckload to make sure you stay in stock.
** Untouched GM and Apparel loads are not manifested. Sample manifests for these load types are available upon request.
Here At Las Vegas Liquidation Pallets We Buy Bulk Merchandise From Big Box Stores
We are getting the greatest discounts and highest quality pallets, truckloads and more. With Las Vegas Liquidation Pallets as your liquidation host, no matter where you resell or post, Nevada, surrounding areas, or anywhere on the West Coast, our ultimate goal is to save you the most. Any concerns questions or comments well immediately respond, to show customers our care goes above and beyond. Providing only the best products with no excuse, well deliver discounts and savings you wont refuse. So do you want to start making that money? Come down to the warehouse and check out the exciting boxes of merchandise we have for sale.
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Here Are Some Truckload Liquidation Tricks You Need To Know To Soar
Location
The location should be the first in your scheme of things before setting up your business. This will determine a whole lot about the turn which the merchandise will take.
You will most definitely be in need of a warehouse to store your products if you plan on operating a physical store. You will also need to have a workable budget plan.
If youre considering an online store, then the concerns and key factors to putting into consideration will take a turn and the game will change.
Depending on your choices and preferences, the decisions, you make will serve as a large determinant of your success and recorded a profit. Getting the name of your store in the faces of the masses is of utmost importance. This is to ensure that the efforts of purchasing your liquidated merchandise will be well effected.
Provide Extra Services
It is not enough to go low and sell low you need a dose of the right stuff which will serve as the âextraâ and attractive ingredient for profit booming. Through the right tactics you might gain some loyal customers, it is important that you keep them and put forth measures to gain more. Incorporating little fixes and repairs can be that big deal that will attract so many customers. You need to work with this extra edge.
Social Media Presence
This can also assist you in giving your customers ahead upon any form of inventory that is received.
Special Offers on Occasion
Discounted prices work like magic! Try it and feed us back as soon as possible.
Add Your Products To Existing Listings
When youre selling used items, chances are theres already an existing listing for that product. Since Amazon does not allow multiple product pages for the same item, all you need to do is piggyback on those listings.
Go to and select Inventory Add a Product. You will then be taken to this page:
Search for the product or enter the ASIN, EAN, ISBN , or UPC. If you want to know the ASIN of the product, go to Amazon.com and search for the listing. You will find the ASIN in the following places:
After you have the right listing, select Used and click Apply to Sell and fill out the details.
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Can You Make Money Selling Liquidation Pallets
The most pressing question looming on your mind: Can you make money buying liquidation pallets?
Yes! Ever wonder what happens to the items you return to Amazon?
Not all of them get re-listed, especially if that user sells only new items. Instead, the warehouses pack returned items into pallets. They sell these return pallets to liquidation distributors, like BULQ and Liquidation.com.
Now, you might be thinking that these pallets consist of nothing but junk, but that isn’t the case!
Here’s a video where one person shares what he received after paying $175 for $998 in Amazon liquidation merchandise from SmallerLots.com.
In his Amazon liquidation box, he found:
Most of these items were still in excellent condition.
Here’s why.
When returning an item, Amazon’s return policy will require you to cover shipping costs depending on the reason for return.
For this reason, most people say an Amazon return item is defective or damaged to receive a prepaid shipping label even for unused items!
A pallet you purchase can be chock-full of new items that could potentially sell for a nice profit.
Is It Ethical to Sell Liquidation Products?
Without liquidation businesses, though, pallets of unused items would stack up. If you think about it, eBay has been around for decades now. And their roots started as an “online garage sale” of sorts where people resold their own stuff.
Thats Where Amazon Return Pallets Come In
Instead of keeping millions of returned products, Amazon sells customer returns to liquidation companies and other online resellers.
The process is known as liquidation. That way, Amazon can recoup its losses and eliminate inventory thats simply costly to store.
With that in mind, Amazon return pallets are containers or packages of returned products. Theres nothing more to it its as simple as that.
When purchasing Amazon return pallets, you can buy a single box, a pallet, or a truckload. It all depends on your budget and business needs.
Also, pallets have an estimated retail value and are mainly sold via Amazon liquidation auctions.
However, some liquidation companies allow you to buy amazon return pallets at fixed prices.
To show you how an Amazon return pallet looks, heres a fun unboxing video by Toms Boxes:
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How Do You Know Where To Buy Pallets Of Merchandise And Who To Trust
Although Walmart is a reliable company, there are other companies that are responsible for selling products on clearance. Its not bad to buy from other sites, but this world is extremely competitive, so it is important to know who to buy from and the terms under which the transaction will take place.
If you are going to buy from another company, you need to make sure that all the rules are clear and that they will sell you the product at the correct price. You will not have this problem with Walmart, since this company needs to empty its warehouses to make room for new products.
However, good companies tend to have fair and transparent business practices in any dealings. If you go with another liquidator, they should:
- Let you see the merchandise
- Verify the sources from which they obtained the products
- Have return and warranty policies
These are just some of the recommendations. Try to think of all the aspects to check before making any transaction. In this way, you can avoid making business decisions that you will regret later.
Pros And Cons Of Buying Amazon Return Pallets
Heres a recap of the pros and cons of buying Amazon return pallets:
Pros of Buying Amazon Return Pallets
- You can use any Amazon Profit Calculator to evaluate if its worth it to sell certain products.
- You dont need much storage.
- It doesnt require a big investment.
- You dont need technical skills, so it is a good way to start an ecommerce business.
- Cut out the middleman and maximize your profits.
Cons of Buying Amazon Return Pallets
- Some online liquidation companies wont give you any description of what kind of products are inside the Amazon return pallets.
- You cannot grow or scale with this business model.
- Often, youll collect used items that you arent able to resell.
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Dropshipping Vs Amazon Arbitrage
Dropshipping is an online retail method where the seller doesnt keep any inventory. Instead, he acts like a middle man. The customer orders from the seller who in turn forwards the order details to a supplier. The supplier is then responsible for fulfilling the order.
With Amazon arbitrage, the seller at some point owns the inventory. He actually pays for it so if it doesnt sell, the burden and loss falls on him.
Where Do Amazon Returns Go
According to many Amazon third-party sellers, dealing with customers abusing Amazons lenient return policy is considered part of the business.
At least 30% of online orders are returned and nearly 9% of products are returned to brick and mortar stores. One big reason for this is that the retailers offer customers easy, convenient, and quick ways to return orders.
Those sellers who sell on Amazon know that the is very lenient to customers who want to return items.
In fact, according to Statista, almost half of the customers return their online purchases.
Amazon announced at its event the launch of two liquidation resale programs that allow sellers to resell customer returned items, such as Grade and Resell, a program that enables FBA sellers to relist returned or unsold inventory as used.
In addition, Amazon has dedicated places on its platform for used items like its Warehouse Deals for used goods, for refurbished items and for overstock.
Also, a daily deal site called Woot, an Amazon company.
But what about the returned items that dont get resold through Amazon? Usually, liquidated goods from Amazon are sold by pallet or truckload.
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How Can I Buy Pallets Of Returned Merchandise
We are a reputable merchandise liquidation wholesale company that sells goods by the truckload and pallet. We buy goods from USA high-end retailers and major department stores, then we separate the goods by pallets of specific categories. We normally sell B2B by the truckload, but if you are looking to buy just one pallet, you can visit us at our warehouse or contact us by filling out the form > > > HERE< < <
Access To Seasonal Products
Another advantage of buying pallets from Walmart that we havent talked about yet is having access to a constant supply of certain seasonal products, such as clothing, toys, books and electronic equipment. With this option, you can buy seasonal products -and out of season- at movie prices.
Conclusion? You no longer have to worry about whether your supplier can meet your demand when you need it. You will always have merchandise to sell!
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Tip #: Repair & Refurbish
Take time to repair and refurbish the products as much as possible to boost the resale value of your liquidated goods. The secret is to make the products seem like new.
Typically liquidated items from Amazon return pallets come with damaged packaging, and missing accessories.
Merely replacing packaging/missing accessories will significantly improve the prices you can command for your refurbished items.
Finding accessories and packaging online is extremely easy and relatively cheap. A simple Google search will help you find nearly anything you need.
If you cant find the right packaging, at least consider using factory plastic wrapping and plain boxes.
Pro Tip: If your Amazon return pallets come with unsalvageable products, use them as spare part donors for your other products.
And if refurbishing gives you the creeps, you can always sell the spare parts individually.
Where To Shop For Products
Pro Tip:
Now that you know what kind of products to look for, where do you find them?
The simple answer is anywhere that sells it for a discounted price. This can be retail stores such as Home Depot, Target, and Walmart or dollar and thrift stores. When you want to go for online arbitrage, on the other hand, you can visit the official websites of the abovementioned stores and look for discounted items there.
Thrift stores are great for finding secondhand items to resell. However, make sure that they are under a category that Amazon allows to be resold secondhand. If you can see an option to sell it used, then youre good to go.
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Tips For Selling Liquidation Pallets
Purchasing liquidation pallets and finalizing your online listings are great first steps, but its just the beginning. If your goal is to generate long term business and profits, youll need to understand the steps for selling liquidation pallets. Our tips for successfully selling your liquidation inventory can be found below:
1) Set a budget if youre reselling on an auction site. Remember, youll need to have enough money to cover sellers fees, shipping, and acquisition. The same goes for the acquisition of inventory. You should always have a budget for what youre willing to spend when purchasing to replenish your inventory.
2) Make sure you know who youre buying from. In the end, amateur resellers cant afford to work with a supplier that will consistently sell damaged goods or not have a steady supply of inventory.
3) Consider additional costs, like shipping or extra fees, that may be imposed by the retailer upon purchase.
4) Do your homework! Check out the price of the product or similar products on the retail market from other sellers. Doing this research will help to ensure youre getting the best price in order to turn a profit.
Learn more about buying liquidated inventory, at B-Stock.
Join the largest global network of B2B liquidation marketplaces.
Buy directly from the worlds largest retailers and manufacturers
What To Expect When You Buy Your First Liquidation Pallet
Since liquidation pallets are a mixture of items in different conditions, chances are you will receive defective products, open-box products and sometimes, brand-new products.
Most of the pallets you will buy will contain products from returns, open boxes, clearance products etc. These pallets should come with an inventory list of what is inside the pallet, but it is important to keep in mind that you cant know the exact condition of the products in advance. The important details to note from the manifest is the complete itemized list of items and their average price.
You can check the profitability of a liquidation pallet you want to buy using Zik Analytics before buying it.
Mystery pallets might appear to be a good bargain at first appearance but its not recommended that you purchase them. Manifested pallets show you exactly what youre purchasing and are a better option overall.
If you are a new seller, you should start by purchasing pallet locally to lower shipping costs and learn the process firsthand. As you gain more experience, you can use liquidation websites like Bulq and Direct Liquidation to purchase pallets easily and stress-free.
It is recommended that you have a storage space to unload the products, sort and order them, and test them before listing them on your platform of choice. To maximize your profits, new products are best suited for Amazon FBA and open-box products are better sold on eBay.
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Organizing Your Pallet Merchandise
Once you buy a pallet, get it home and unpack it. You will need to take inventory of what products you have to sell. Sort and store the products in a way that works for you and the space you have available. However, you need to make sure the items will stay safe and dry if they are stored in a garage, basement, or outbuilding. Once you have an inventory, decide if you will sell the products individually or in lots. Sometimes, selling items in lots creates a higher perceived value for the buyer.
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