A Guide To Buying Products From Amazon Liquidations
It’s a global retail behemoth with annual earnings of over $230 billion in the USA alone. Founded in the city of Bellevue, Washington in 1994 by Jeff Bezos as a humble online bookstore, Amazon quickly grew into being the first choice for millions of online customers. Nowadays, the company satisfies pretty much any purchasing need customers from all over the world could ever require.
For resellers of wholesale merchandise, Amazon provides space on its website through which they can sell their goods to the public, but there is another way of taking advantage of what Amazon has to offer – buying and selling Amazon Liquidations from liquidators.
What Are Amazon Liquidations?
Every year, Amazon sells and distributes an enormous number of products to customers all over the United States and Canada. While the majority of customers are satisfied with their purchases, some are not for a number of reasons. Products can be found to be faulty on delivery; products or their packaging may be damaged during transit; products or packaging may have been damaged prior to transit, or customers simply change their minds about their purchases and return them for a refund.
Regardless of the reason for the return of goods, the returned products are no longer classed as ‘A stock’, even when they are brand new, unopened products that have been returned thanks to customers changing their minds. Instead, these returned items are classed as second hand, thus dramatically reducing their value to Amazon.
These returns would quickly clog up Amazon’s warehouses if the company did nothing about them, which is where their liquidation partner, Direct Liquidation, steps in. Direct Liquidation is a top-tier liquidation specialist with over ten years’ experience in the industry that has partnered up with Amazon to sell their unwanted customer returns direct to resellers via live auction or for a fixed or negotiated price.
A Huge Range Of Products
As to be expected from a company of the size and scale of Amazon, you’ll find a huge range of products being sold on their behalf on Direct Liquidation’s online liquidation auction website. The Amazon liquidations returns Direct Liquidation sells on Amazon’s behalf are sorted into different condition categories. They are as follows:
As the name suggests, these are unopened, brand new products that have been returned to Amazon, usually because customers have changed their minds. This is ‘B-stock’ merchandise that is in pristine condition and can therefore be resold to customers for the highest prices.
These are products that are fully working, but usually come in damaged packaging, are open box items or are ex-display models. Like new products are desirable to resellers because they represent excellent value for money, are popular with customers who aren’t fussy about packaging and can be sold for a reasonably high price, thus making them a very profitable type of product.
Mixed pallets and truckloads of liquidated Amazon returns will typically contain a mixture of ‘like new’ products, products that bear either superficial or visible damage to the products, the packaging or both, and products classified as ‘tested-not-working’, which are ideal for taking apart to be used as spare parts to bring other faulty products back up to factory spec. Typically, a mixed pallet of Amazon liquidations will contain about 75% sellable products. Mixed pallets of wholesale electronics are particularly prized, as the 25% typical ‘tested-not-working’ products are of great use for those aforementioned spares.
Untested Customer Returns
These are Amazon liquidation pallets and truckloads of products that are sold ‘as is’. That means the products have not been tested to see if they’re working or in good condition. However, like mixed pallets of tested products, there will typically be a 75%-25% ratio between working and non-working products in a variety of conditions. Untested pallets and truckloads of untested customer returns represent great value for money as they are often sold for well below their overall MSRP value.
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All of the above types of products are sold on Direct Liquidation’s dedicated Amazon vendor page in the following categories: Baby, Books, Electronics, Food, Furniture, Health & Beauty, Home, Home Improvement, Industrial Supplies, Office, Party & Occasions, Patio & Garden, Pet Toys & Pet Supplies, Sports, Fitness & Outdoors, Toys.
Contained within those categories, you’ll find products from manufacturers such as BOSCH, Kleenex, Fisher-Price, Hitachi, Gorilla Glue, Energizer, Philips, Atari, Heinz, Apple, Chef Craft, Hallmark, Charmin, Little Tikes, Panasonic, Quaker and many, many more. You’ll also find own brand products, such as the tried and trusted Amazon Basics range.
Buying Products From Amazon Liquidations
If you’re thinking of making the switch to buying pallets or truckloads of liquidated Amazon customer returns, then you should look no further than Direct Liquidation.
To buy the Amazon returns pallets and truckloads that Direct Liquidation sells on the company’s behalf, you’ll first have to sign up for a free account. Direct Liquidations – like pretty much all top-tier liquidation specialists – requires the production of a valid reseller’s license during sign up. This is a statutory license in most parts of the US that means the seller is not only allowed to resell returns, but also is not liable to pay state sales taxes.
Once you’ve signed up for a free account, you can navigate to the dedicated Amazon vendor page on Direct Liquidation’s online liquidation marketplace. There you’ll find a list of the aforementioned categories, as well as a list of all the different manufacturers whose products Amazon are currently selling.
Once you’ve identified a pallet or truckload of Amazon liquidations you like the look of, you have three purchasing options. Most customers choose to bid for lots of Amazon liquidations during live liquidation auctions which take place daily on Direct Liquidation’s site. If this is your preferred option, you can sign up to receive an email alert when the lot you’re interested in buying is about to go under the hammer. When it does, you can enter bids on that lot up to your predetermined maximum bid and then sit back and wait to see if you’re the highest bidder. If you are, all you need to do is pay for your winning lot and arrange shipping to the address of your choice.
If you have neither the time nor the inclination to bid for a pallet or truckload of Amazon liquidations, you usually have the option to buy for a fixed price. If a lot has a ‘Buy it Now’ button, you can click that and pay for the goods you require straight away. You can also approach the liquidator with your own offer. If they like the sound of your offer, that’s the price you’ll pay.
Whichever way you choose to buy Amazon returns, you can rest assured you’ll be buying top-quality merchandise direct from one of the world’s global retail leaders at a price you simply won’t find anywhere else. Buying Amazon pallets and truckloads is a fantastic and affordable way of stocking your reselling business with excellent-quality liquidated stock that’s bound to attract a wide range of customers while leaving your business plenty of room to make a profit. If you’re looking to switch to buying and selling Amazon liquidations, look no further than Direct Liquidation.
Direct Liquidation is a goTRG company.
Eric works as a sales representative for Direct Liquidation helping businesses to source liquidation inventory from the world’s top retailers and manufacturers. Eric works with single pallet, LTL and truckload buyers hand in hand to ensure their businesses stay stocked up with the highest quality merchandise year round.