Where to Buy Retail Store Returns Wholesale To Resell
When looking for retail store returns in bulk (wholesale) to resell, it’s vitally important that you find a wholesale supplier who can provide you with a reliable source of top-quality products at the lowest possible price. This will increase the likelihood that your business will make money. When it comes to retail store returns from Amazon, Lowe’s Hardware, Target and Walmart, the place to find them is Direct Liquidation.
The Advantages Of Buying Retail Store Returns Wholesale
- Retail store returns are sold for a vastly reduced price, thus increasing your chances of making a profit.
- Retail store returns come directly from some of the biggest retailers in the US for added peace of mind.
- Because the goods are coming from companies such as Amazon, Target and Walmart, there’s a huge range of attractive brand name and own brand products available to buy.
- Retail store returns are available to buy all year round, so they will always be available as and when required.
- Buying retail store returns in bulk, by the lot, pallet or a truckload (when available) allows you to stock up for a longer period.
- Retail store returns come in all shapes and sizes, as well as condition. But Direct Liquidation and retailers will offer refurbished units backed up by warranty.
Direct Liquidation And Our Retail Partners
Direct Liquidation is a top-tier liquidation specialist with over ten years’ experience in the industry. Direct Liquidation works with several of the country’s largest retailers, allowing resellers to buy retail store returns from these retailers through dedicated vendor pages on Direct Liquidation’s online auction website at vastly reduced prices. Direct Liquidation’s retail partners are:
Walmart – Founded in 1962 by Sam Walton in Bentonville, Arkansas, Walmart has grown into the biggest company in the world by revenue, with over 11,000 stores around the world under various names. In the last financial year, Walmart made an astonishing $514.405billion in revenue. It is now ranked third in the e-commerce top ten just behind Amazon and eBay.
Lowe’s Hardware – Founded in 1921, this nearly 100-year-old company has grown into not only the second largest hardware retailer in the United States, but also the second largest hardware retailer in the world; only Home Retail is bigger. Specializing in hardware, Lowe’s adds an extra dimension to Direct Liquidation’s roster of national retailer partners.
Amazon – Once a humble online bookshop, Amazon is now the world’s biggest online marketplace, estimated to handle 50% of all e-commerce by 2021. The company has caused a revolution in the retail sector, turning what used to be a niche activity into something so everyday it is hard to remember a time when we didn’t shop online.
Target – From humble beginnings as a dry goods store in Minneapolis, Target is today the eighth largest retailer in the United States. Operating nearly two thousand stores across the country, Target also has a strong online presence, selling everything from food and drink to home furnishings, clothing and furniture.
All four of these retailers rely on companies such as Direct Liquidation to sell their retail store returns for them. And products from all four can be found on Direct Liquidation’s online liquidation marketplace.
Each of the mentioned retailers has a large throughput and with the number of online shoppers climbing and more people buying merchandise online rather than in physical stores, a large amount of merchandise has to be handled through the returns process. In fact, at least 30 percent of all products bought online are returned to the seller for one reason or another. Handling this merchandise is a huge undertaking which would require more time or an expanded workforce. This is why retailers like Amazon and Walmart work with companies like Direct Liquidation, which are capable of taking on the task of liquidating these returns quickly.
What Are Retail Store Returns?
Every year, customers return items to both online and offline retail stores for a wide variety of reasons ranging from products being faulty or damaged, to customers changing their minds. Often, customers will also return brand new, unopened products back to stores.
23 percent of customers who return products state receiving a wrong item as the reason for the return. You will also find that 20 percent of buyers received a damaged product and around 22 percent of customers received a product that looks different from advertised.
It has to be added that in some cases customers use the generous return policies to test out products and return them either seeking a refund or replacements. To many these return policies are a major reason to shop online, especially if the return process is easy. In fact, around 92 percent of buyers will buy something from a retailer if the return process is easy, and a majority of buyers, 67 percent of them will first visit the returns page before making a purchase.
Whatever the reason for the return, many of these products will no longer be classed as new, even when they are. Since many of these products will not be sold at full price, and because major national retailers are not discounters, they instead look to resell this stock to recover value quickly. For that they turn to online liquidators such as Direct Liquidation.
Sold in boxloads, pallets or truckloads, these returns come in a variety of conditions from ‘as new’, ‘superficially damaged’ and ‘visibly damaged’ to ‘tested-not-working’. These returns can be sold at a variety of attractive price points to suit a wide variety of budgets, with the ‘tested-not-working’ products coming in very useful for spares and repairs, especially when it comes to electrical products where previously broken products can be brought back to factory spec using the parts from ‘tested-not-working’ products.
Buying retail store returns via an online liquidation marketplace is a great way for resellers to stock up on top-quality wholesale merchandise at a price they simply won’t find elsewhere.
An additional fact provides peace of mind to buyers. Items that have been tested, refurbished by us or through the retailers’ refurbishment programmes (Amazon has its own certified refurbished program named Amazon Renewed) will also come with warranties and manifests, as will many other sorted pallets. These manifests are essentially packing lists showing you what is contained in a pallet or a truckload you are interested in buying. It will show you the quantity, the type and the quality of products within a pallet, among other information.
How To Buy Retail Store Returns From Direct Liquidation
If you’re interested in purchasing retail store returns from four of the country’s biggest national and international retailers, you should look no further than Direct Liquidation. Buying Target, Lowe’s, Walmart and Amazon liquidations couldn’t be easier.
It is worth mentioning that you should get a reseller’s license, this enables you to make further savings on these purchases. When you purchase merchandise for resale you can apply for a sales tax exemption which will keep the purchase costs even lower. Check with your local tax office for the specifics of obtaining a tax exemption, though we have guides for each state here.
Most boxloads and pallets we sell are sold via live liquidation auctions, whereas the majority of truckloads are bought for a fixed or negotiated price – though you can often choose to buy a lot of boxloads and pallets for a fixed price too, and you will find truckloads up for auction.
Once an auction has started, you can enter as many bids as you like while the auction is live. If you’re the winner of the auction, all that’s left to do is pay for your winning lot and arrange shipping. Be sure to check out shipping charges, there is a calculator on every lot’s page that will help you to determine this. It can often be cheaper than using your own third-party courier.
Another cost-saving tip: make sure to check whether the merchandise is located at a distribution center near you. This will not only keep the delivery costs down but in some cases could eliminate them completely if you have the right equipment and can arrange to pick the merchandise yourself. Direct Liquidation has a network of distribution centers across the United States and Canada, located conveniently near major highways for easy access and faster delivery time. Be sure to always ask if you have the option of picking the merchandise up yourself.
If you wish to pay a set price for a boxload, pallet or truckload of retail store returns, check to see if the lot you’re interested in has a ‘Buy it Now’ button. If it does, you can click on that and you’ll be taken straight to payment. Buying for a fixed price means you’ll get exactly what you want when you want it, and the goods you buy will still be sold way under each boxload, pallet or truckload’s overall MSRP value.
However you choose to purchase retail store returns, you’ll have the peace of mind of knowing you’re buying top-quality brand-name and own-brand merchandise at the lowest possible prices from some of the country’s biggest and most trusted retail names. The price you pay means you have more chance of being able to offer your customers great prices while still maintaining healthy profits. It’s a win for you and a win for your customers.
Tips For Selling Retail Store Returns
Once you’ve bought a boxload, pallet, or truckload of retail store returns, there are a few handy tips for those just starting out in reselling.
Many startups think jumping straight into eBay or Amazon’s Marketplace is the best way to sell their wares, but this isn’t always the case. Both sites charge fees that might eat into your profits, so instead it’s better to start small and local. Craigslist is a great way of introducing yourself to local customers, as are classified ads. This also cuts down on posting and packaging as most customers will pick up from you. You may also want to check out the rental rates at your local flea market, as they are great places for resellers to reach customers on the lookout for a bargain.
If you wish to concentrate on online sales, as opposed to jumping into the choppy waters of eBay and Amazon, you should check out what smaller e-commerce websites such as Shopify and SquareSpace can offer you. Most of the smaller hosts offer free trials, meaning you can check out their services to see if they’re a fit for you before committing any of your precious startup money.
It’s also important to check out what social media has to offer. Facebook not only hosts its growing Marketplace platform, but also offers users targeted ads for a relatively small outlay that will spread the word about your business to people looking for what you have to offer. You can also tweet about your business on Twitter and set up an Instagram account to show off your products. In this tech-savvy age, it really does pay dividends to take advantage of what these social platforms have to offer.
Wherever you choose to sell your retail store returns, you’ll have a better chance of making a profit if you pick the right source for your wholesale merchandise. With goods coming direct from some of the world’s biggest retailers, that choice should be Direct Liquidation. So why not check out what we can do for you today?
Rafael works as a sales manager for Direct Liquidation helping businesses to source liquidation inventory from the world’s top retailers and manufacturers. Rafael works with single pallet, LTL and truckload buyers hand in hand to ensure their businesses stay stocked up with the highest quality merchandise, all year round.
View Rafael’s bio on YouTube.
- 3 Pallets – 36 Pcs – Boardgames, Puzzles & Building Blocks, Action Figures, Vehicles, Trains & RC – Customer Returns – Treasure X, Dolfino, Think Fun, The Learning Journey International
USD $385.83 Buy NowEnds
USD $350.75Bid Now
- USD $1,841.66 MSRP
Untested Customer ReturnsQty: 363 Pallets (691)Ships from: Greenfield, IN
- 3 Pallets – 242 Pcs – Covers, Mattress Pads & Toppers, Hardware, Humidifiers / De-Humidifiers, Bedding Sets – Customer Returns – Mainstay’s, Aller-Ease, Honeywell, Kidde
USD $1,457.75 Buy NowEnds
USD $1,325.23Bid Now
- USD $7,544.80 MSRP
Untested Customer ReturnsQty: 2423 Pallets (694.3)Ships from: Greenfield, IN
- Truckload – 26 Pallets – 342 Pcs – Hardware, Kitchen & Bath Fixtures, Accessories, Other – Customer Returns – Allen & Roth, American Standard, Gatehouse, Wagner
USD $2,858.81 Buy NowEnds
USD $2,598.92Bid Now
- USD $24,679.30 MSRP
Untested Customer ReturnsQty: 342Truckload (9897.07)Ships from: Palmetto, GA
- Pallet – 65 Pcs – Lighting & Light Fixtures, Comforters & Duvets, Covers, Mattress Pads & Toppers – Customer Returns – Monster Illuminessence, Monster, Mainstay’s, Monster Smart
USD $479.45 Buy NowEnds
USD $435.86Bid Now
- USD $2,245.80 MSRP
Untested Customer ReturnsQty: 651 Pallet (252)Ships from: Bentonville, AR
- Truckload – 26 Pallets – 880 Pcs – Hardware, Accessories, Curtains & Window Coverings, Lighting & Light Fixtures – Customer Returns – American Olean, Levolor, Allen & Roth, Style Selections
USD $4,118.18 Buy NowEnds
USD $3,743.80Bid Now
- USD $36,867.73 MSRP
Untested Customer ReturnsQty: 880Truckload (8556)Ships from: Palmetto, GA
- Truckload – 26 Pallets – 1761 Pcs – Hardware, Accessories, Lighting & Light Fixtures, Curtains & Window Coverings – Customer Returns – Levolor, Allen & Roth, Lambro, Craftsman
USD $7,250.10 Buy NowEnds
USD $6,591.00Bid Now
- USD $64,708.52 MSRP
Untested Customer ReturnsQty: 1761Truckload (12272.77)Ships from: Whitestown, IN