What Are The Best Liquidation Sites
Now there are a lot of direct liquidation websites. Depending on where you live, there might be a site that works for you.
Keep in mind that all of these websites will have an auction. So you will need to put the best price for that pallet of items and outbid other people. Of course, some of them will also have where you can buy it for a price without an auction. Some websites will also sell items individually so you can buy just one item at a time if you would like to do it that way.
Strategy #: Repair And Refurbish Everything
Fixing the item that you want to resell is par for the course, and thats where most people stop.
But if you can sell a working and FULLY PACKAGED product, youll make significantly more money than selling a functional, but unboxed product by itself.
The problem with most Amazon return pallets is that the packaging and accessories are often damaged or non existent. And in order to get top dollar for resale, you must track everything down.
Fortunately, you can often buy empty boxes for popular merchandise on Ebay.
For example, lets say that I receive a bunch of Apple watches in my Amazon return pallet without boxes or instructions. By performing a quick search on Ebay, I can buy 5 empty Apple watch boxes for $35.
$7 for an empty box might sound a bit high, but a boxed Apple watch will command a 25%+ premium in resale value with the box than without!
As a result, its in your best interests to track down the box, the instructions and all of the accessories prior to resell. As an added bonus, you may want to invest in a shrink wrap machine as well!
What Can You Expect From An Amazon Return Pallet
Return pallets are usually sold in bulk with a large variety of different products, such as clothing, electronics, beauty products, and so on.
Heres an Amazon return pallet auction from Liquidation.com:
So for the example above specifically, you get 84 items with a suggested retail price of $2,168, and right now the top bid is $240.
Usually, there are a couple of photos that oftentimes arent really helpful, so you dont get a view of the whole pallet. But on some liquidation websites, you can see everything the pallet includes because they provide buyers with a manifest, where they list every item thats in there.
The caveat is the items may be in bad condition. Some items will be ready for resale immediately, others might require some repair, and some can only be sold for parts.
Occasionally, you can also see on the manifest that even though each bundle is categorized, there are still some random items in each pallet.
You May Like: How Does Bankruptcy Affect Your Credit
A Guide To Online Liquidation Sites
Weve all heard it liquidation has gone online. But where exactly? There are quite a few online liquidation sites to choose from, but not every marketplace operates the same or will fulfill your business needs. In this post, well break down a few different websites to help you find the best liquidation site for your inventory needs.
How Customer Returns Affect Amazon Sellers
Amazons returns come at no cost most of the time to the customers and are also prone to abuse and return fraud. The only exception is if the reason for return isnt a result of an Amazon.com error, the cost of return shipping will be deducted from the refund. But in the other cases, how exactly this policy affects sellers?
The expenses that come out of your account every time customers return orders can end up having a high return rate which is terrible for account health and could even lead to account suspension.
Also, add the monetary loss generated by the return of a product. Read more on .
Every product returned to Amazon is inspected and if it meets Amazons high standards to be resold as new, its re-listed for sale.
Although for many small businesses, the cost of reopening, repackaging, and restocking those items is huge. A great alternative to having the inventory removed or returned to the seller is Amazon return pallets.
Thus, Amazon return pallets are pallets of goods that have been returned to Amazon. These pallets are sold unseen at discounted prices to sellers who want to take the risk.
You can make a lot of money by refurbishing and reselling used items online.
Recommended Reading: Can One Spouse File Bankruptcy Without The Other
Top 10 Wholesale Liquidation Companies In The Usa
Wholesale liquidators have been playing an essential role in compensating the losses of companies going out of business. The main purpose of these wholesale companies is to buy overstocks, shelf pulls, customer returns, and salvage merchandise from the retail stores and liquidate the inventory at lower rates. They are a great resource for small-large businesses, flea marketers, and local retailers to purchase branded goods at huge discounts.
If you have a small business, you must definitely look into these companies as they offer quality products at wholesale prices without the need for a resale certificate. It is an extremely convenient method of purchasing inventory that will bring in higher profits from the resale. However, finding the right liquidation company is difficult. It requires a lot of research to find the most trusted and genuine wholesale Liquidation Company.
Introducing our new group for Buying and Selling liquidation goods and merchandise!
Link:
Find exclusive deals and merchandise opportunities!
Therefore, we have curated a list of the best wholesale liquidation companies in the United States where you will find amazing quality products at the most comfortable price, along with shipping arrangements.
How To Buy Amazon Return Pallets
As a result of returns and the significant cost sellers shoulder to put products back on sale, they look for easier and more economical ways to sell them: liquidation.
Amazon accumulates many products that are packed on Amazon Return Pallets with either random merchandise or sorted in specific categories. Entrepreneurs can find a great opportunity to profit on the secondary market by reselling Amazon return pallets.
Instead of going through a middleman who purchases and processes the merchandise and then sells it to you at a profit , you can find Amazon return pallets at liquidation platforms.
Don’t Miss: How Much Debt Is Needed To File Bankruptcy
What Direct Liquidation Offers:
This company sells products from brands like Nike, Under Armour, Adidas, and Hanes for up to 50% off the original price. They also offer free shipping when shopping with them for more than $50 in a single order. Additional savings can be found by using one of their discount codes available on their website . These codes are typically valid for a limited time and cant be combined with other offers or coupons.
They have a clearance section where it is easy to find items on sale. Its also possible to view their list of sales by category, brand, and size. On their homepage, they also have an inventory section located where you can see all of the clearance items that are currently available.
They have a blog with tips on how you can get more value when shopping online as well as informative articles about fashion and sports. Their FAQ page has answers to common questions about shopping with them and their shipping policies.
They provide free shipping for all orders over $49 within the United States and for all international orders over $150.00 . They also offer free shipping to APO and FPO addresses.
The company has a contact page but it doesnt list the information for its customer service department. The company has been featured on various blogs like Yahoo! Sports, Apex Action Shots, and Sports Pro Media.
How Much Is An Amazon Return Pallet
Prices for Amazon return pallets will vary depending on the liquidation website and the size of the pallet. In general, prices can range from $100 to $5,000, depending on the quality and the value of the items. Also, others can be as high as $10,000.
Shipping options and rates will also vary per liquidation company. You will need to pay for the shipping of the pallet, which depends on the weight, dimension, and distance from the warehouse to your address. However, others will offer you a flat rate or free shipping.
Overall, shipping costs could be more than the combined amount you pay for the items on the pallet.
Also Check: Do It Yourself Bankruptcy Chapter 13
Is Liquidationcom Legit An Honest Review From A Reseller
As an Amazon Associate I earn from qualifying purchases.
Every reseller hits the point where they know that digging through rack after rack in thrift stores just isnt going to cut it. For some people, its because theyre just sick and tired of thrift stores. For others, its because they realize that they can never find enough inventory to make the kind of money they want to make.
At that point, you have a couple of different options. You can just accept that your reselling business will never be super profitable, you can quit, or you can change your methods in a way that will allow you to scale your business. Which leads most people to the same question: how can I get massive amounts of inventory with less of a time investment?
The answer, of course, is to buy items in bulk. Unless you want to set up wholesale accounts and pivot your business into selling new items, you probably started looking at buying customer returns and other types of liquidation. Personally, I suffer from thrift store burnout in waves but the real reason I wanted to buy liquidation pallets was to grow a massive eBay store that would be more than a basic full-time income.
What Does Liquidationcom Have Such Bad Reviews
When I first contemplated buying large lots, I read all of the liquidation.com reviews I could find. In general, the angry and critical reviews could be summed up with one sentence:
People were shocked and angry at the quality of the products they received.
The problem here is two-fold. Yes, sometimes when you buy liquidation lots you will get screwed. That is part of the game. This is the reason why you should never spend money that you cant afford to lose on returns or liquidation. Yes, it does suck to spend a ton of time breaking down a pallet and selling it to simply recoup your investment. But sometimes you win big as well.
Now the other part of the issue is the part I think is the real issue: people think theyve discovered a gold mine and bid big on an auction. They assume the best about the product and are severely let down to find out they overpaid.
If you think youre going to get a lot of perfectly working electronics and sell them for 80% of the claimed MSRP youre going to be a very sad reseller. Remember, things are being liquidated for a reason. If there was abundant easy money in it, it wouldnt be liquidated or margins would be even thinner. Expect the absolute worst in a lot and youll usually be mildly happy with it.
Read Also: Can You File Bankruptcy On A Car Loan
Not Even Worth 1 Point
I ordered multiple pallets and I can tell you guys that every time they ship your pallet. Your item will be missing or wrong item will come.I bought a VIZIO speaker $500 and they switched to $50 kidd 7 golf set. Another pallet they were missing two items price around $800 I think they are intentionally keeping good product and sell it directly to customer. Then switch that product with $#*!ty one or missing. I contacted them but they are saying “SOLD AS IS” What kind of $#*! is that? DONT TRY TO BUY FROM THIS WEBSITE NEVER NEVER DONT TRY TO RESELL BECAUSE YOU ARE NOT GONNA MAKE BREAKEVEN POINT BECAUSE THEY ARE NOT GONNA SHIP AS DESCRIBED. Please don’t use this platform. I am gonna post this review everyday till their business is down
How To Make Money Using Amazon Return Pallets
When youre buying goods for cheap and hoping to sell them for more money, this is what is called Retail Arbitrage.Retail arbitrage is one of the easiest and cheapest business models for someone that is starting out with ecommerce. Many entrepreneurs have turned this gig into a full-time income job.
Retail arbitrage has pretty good margins and is also fairly easy to get started, but requires you to constantly be hunting through the discount aisles of places like Walmart, Home Depot or liquidation websites to find good deals and sell them on any platform like Buying pallets of goods reduces a lot of this work because now youre buying dozens or hundreds of items at a time instead of just a few.
When selling Amazon returning pallets, you can start with a smaller capital compared to private labeling and wholesaling. Some sellers test the waters first by purchasing $200 Amazon return pallets to see if the system works.
Furthermore, you dont have to put in much marketing effort because the brands are doing it themselves.
However, its important to remember that simple as it may be, its still a business endeavor and requires work and planning on the part of the seller.
When choosing Amazon return pallets, most of the time you are paying a much lower cost per item than you would get from buying from retail stores and sometimes even wholesale. And even though some items in the pallet turn out to be unsellable, you can still keep it for your own use!
Don’t Miss: When Is Bankruptcy The Right Choice
How Does Shipping Work When Ordering On Direct Liquidation
Direct Liquidation has been shipping surplus inventory via parcel and freight shipping for over a decade. We have developed strong relationships with a network of carriers nationwide to provide you with the best possible rates.
Typically, shipments leaving our facility are shipped by common carriers , LTL , full truckload or container depending on the load size and final destination.
In addition to providing a full suite of shipping options we offer our customers the ability to arrange their own shipping or come to our facility to pick up orders in person.
Normally, we prepare orders in 1-14 days of payment receipt with a domestic US shipment taking from 1 to 7 days to arrive at their destination. Container and international shipments may take longer.
If buyers choose to use our shipping, then shipments are insured for the full value of the load.
How To See How Much Money A Product Is Making On Amazon
Many people buying pallets of returns will actually want to resell these items back on Amazon. You can easily go on to Amazon and see how much money an item is selling for but the big question is do these items actually sell on Amazon?
Thankfully there is software that will tell you exactly how many units of a product are being sold a month and how much money theyre making.
Tools like Helium 10 will show you exactly how much money a product is making each . If youre planning to do buy pallets and resell them on Amazon, a tool like Helium 10 is absolutely required.
You can use the coupon code ECOMCREW50to get 50% off Helium 10
You May Like: What Happens If You File Bankruptcy In Canada
How And Where To Buy Amazon Return Pallets
Making online purchases is becoming the preferred shopping method for many customers. There are multiple ways to start selling online, but there is one that is easy, cheap and with a potential profit, Amazon return pallets.
If youre a business owner actively seeking Amazon returns then find out how and where to look for Amazon return pallets and check if this is or isnt an opportunity to profit on the secondary market.
How To Make Money With Direct Liquidation
Everyone knows that the best way to make money is to do flipping. But it is always a hassle to go to garage sales or look online for the best items. Well with direct liquidation, this problem is solved.
You can buy huge bulk of items for a fraction of the cost and sell each item for the original or close to the original price.
Sounds too good to be true? Well keep reading.
Read Also: Debt Clock Real Time
Online Reviews Of Wwwdirectliquidationcom
- Total reviews: 85
Not even worth 1 point
I ordered multiple pallets and I can tell you guys that every time they ship your pallet. Your item will be missing or wrong item will come.I bought a VIZIO speaker $500 and they switched to $50 kidd 7 golf set. Another pallet they were missing two items price around $800 I think they are intentionally keeping good product and sell it directly to customer. Then switch that product with $#*!ty one or missing. I contacted them but they are saying “SOLD AS IS” What kind of $#*! is that? DONT TRY TO BUY FROM THIS WEBSITE NEVER NEVER DONT TRY TO RESELL BECAUSE YOU ARE NOT GONNA MAKE BREAKEVEN POINT BECAUSE THEY ARE NOT GONNA SHIP AS DESCRIBED. Please don’t use this platform. I am gonna post this review everyday till their business is downServiceValueShippingReturnsQuality
Victim of Bait and Switch
STAY AWAY! This company scams! Do not deal with these people I was supposed to receive 26 pallets of tools and only received 10 pallets of tools all which were broken. I got Damaged paint sprayers and the other 12 pallets were broken vanities. $18K on a bunch of trash and they’re only willing to reimburse me $500.Tip for consumers:Dont buyProducts used:NoneServiceValueShippingReturnsQuality
