Can You Buy Pallets of Customer Returns to Make a Profit?
If you run a business buying wholesale merchandise and selling it for profit, you’ll always be on the lookout for new sources of stock you can buy for the lowest possible price. Back in the day, that usually meant purchasing wholesale merchandise from a local wholesaler, but with wholesale prices rising to the point that there’s barely any room left to make any money, it’s time to cast your net wider if your business is to stay afloat.
But where exactly should you be looking for cheaper, more reliable sources of stock? One answer is to buy pallets of customer returns from an online liquidation specialist. Here’s why.
What Are Customer Returns?
Every year, thousands and thousands of products are returned to some of the country’s biggest retailers for a variety of reasons. The products may be faulty or they might be either superficially or visibly damaged. Some customers even return products because the box is either slightly or visibly damaged, believe it or not. Other products are returned simply because the purchaser changed their mind. This means brand new, fully working products are returned to stores that have absolutely nothing wrong with them.
Whatever the reasons why customers return products, retailers can no longer legally classify them as new – even if they are – and therefore they cannot be returned to store shelves and sold at full price. Instead, these products are downgraded to secondhand status. This presents the retailers with a problem as, not being discounters, they have no desire to try and sell them for a lower price on store shelves that should be housing brand new products that can be sold full price.
So, with a never-ending supply of customer returns taking up valuable warehouse space, what do the retailers do? They turn to online liquidation specialists such as Direct Liquidation who sell the returns to business customers on the retailers’ behalf.
What Liquidators Can Offer Your Business
Because top-tier liquidation specialists such as Direct Liquidation deal with some of the biggest names in US retail, they sell a huge variety of top-quality customer returns on their retail partners’ behalf.
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Take Direct Liquidation, for example. They have partnered with Lowe’s Hardware, Amazon, Target and Walmart – some of the country’s leading retailers. This means your business will find pallets of customer returns that will suit pretty much any retail business’s requirements. Whether you’re on the lookout for top-quality wholesale electronics, furniture, clothing, food and drink or even parts and accessories for the automobile industry, you’ll be pretty much guaranteed to find exactly what you need in the following comprehensive list of categories:
Automotive, Baby, Books, Clothing, Shoes & Accessories, Electronics, Fixed Assets, Food, Furniture, General Merchandise, Health & Beauty, Home, Home Improvement, Industrial Supplies, Jewelry, Office, Party & Occasions, Patio & Garden, Pet Toys & Pet Supplies, Sports, Fitness & Outdoors, Toys, Unsorted.
Contained within these categories you’ll find a huge range of brand names such as Apple, DeWalt, Sony, Fisher-Price, Samsung, Beats by Dre, Adidas, Black & Decker, Microsoft and Google, to name but a few, as well as own-brand products, such as Walmart’s ever-popular Blackweb electronics and Mainstays home and lifestyle range.
If you’re on the hunt for top-quality customer returns, you really need look no further than an online liquidation marketplace.
Buying Pallets Of Returns From A Liquidator And Making A Profit
Buying pallets of top-quality customer returns from a liquidator couldn’t be easier. The chances of making a profit from your purchases are much better than sourcing from more traditional wholesalers who typically charge far higher prices than liquidators.
If you decide to buy pallets from Direct Liquidation, you’ll first need to sign up for a free account. You’ll need to provide a valid resellers’ license – a legal requirement in most states that means your customers pay sales taxes as opposed to your business.
Once you’ve signed up for your free account, all you need to do is look for a pallet of returns that suits your business using the website’s drop-down categories, dedicated vendor pages and search function. Once you’ve found a pallet you’re interested in buying, you have three options to secure it.
Most customers prefer to bid for pallets of customer returns in one of the many online liquidation auctions that take place on Direct Liquidation’s site every month. If that’s what you want to do, you can set up an email alert which will notify you when the auction for the pallet you’re interested in purchasing is about to start. Then all you need to do is enter bids up to a predetermined maximum bid and, if you’re the winner of the auction, pay for your pallet of returns and arrange shipping.
You also usually have the option to buy pallets of customer returns from Direct Liquidation at a fixed price. If a lot has the ‘Buy it Now’ button, you can bypass the auction and pay for that lot at a fixed price. The liquidator is also usually open to offers on the goods they sell on their retail partners’ behalf, so if you have a figure in mind, don’t hesitate to approach the liquidator with it. If they agree your offer is fair, that’s the price you’ll pay.
However you choose to buy pallets of wholesale liquidation customer returns from a liquidator, the important thing to bear in mind is you’ll be buying top-quality customer returns direct from some of the country’s biggest retailers. These products sold on their behalf by a tried and trusted liquidation partner who is dedicated to supplying your business with the best quality wholesale merchandise at the best possible price.
It’s that price difference that will ultimately make your business money. The low price you’ll pay for pallets of returns bought from liquidators means you’ll be able to offer your customers fantastic low prices while still making a very healthy profit on the wholesale merchandise you’ve sourced this way.
It’s perfectly possible to make a profit from pallets of customer returns if you buy them from the right supplier. Liquidation specialists such as Direct Liquidation offer great-quality wholesale merchandise at prices you simply won’t find elsewhere, so why not check out what a liquidator can do for your business today?
Direct Liquidation is a goTRG company.
Jordan currently works as a sales representative for Direct Liquidation, assisting businesses with product sourcing of liquidated merchandise from the largest retailers in the world. Whether you are looking for a pallet or a truckload Jordan is here to help you grow your business.
Schedule a sales callback with Jordan right now.
- Truckload - 26 Pallets - 209 Pcs - Patio, Pet Toys & Pet Supplies, Dining Room & Kitchen, Automotive Accessories - Customer Returns - National Audubon Society, Allen & Roth, Garden Treasures, Style Selections
USD $99.00 Bid NowEnds
- USD $34,612.78 MSRP
Untested Customer ReturnsQty: 209Truckload (8,980 lbs)Ships from: Palmetto, GA
- Truckload - 26 Pallets - 1103 Pcs - Hardware, Lighting & Light Fixtures, Accessories, Patio & Outdoor Lighting / Decor - Customer Returns - HOMEWERKS WORLDWIDE, Homewerks, Kobalt, Good Earth Lighting
USD $99.00 Bid NowEnds
- USD $58,539.40 MSRP
Untested Customer ReturnsQty: 1,103Truckload (9,600 lbs)Ships from: Palmetto, GA