How to Buy Customer Returns For Cheap

2013-10-23

Contrary to common belief, customer returns aren’t always a bad thing. This is especially true when you have a virtual store that is always in need of merchandise. Though there are a number of other sources that you could turn to, customer return items will provide you with profit if you know how to buy them. So, read on and discover everything you need to purchase these returns for less.

What You Gain When You Buy Customer Returns

People who are aware of the basics of the customer return liquidation business know that there are a lot of benefits associated with this business. Of the many advantages of selling customer returns, these are the top three.

1. They are Available for Cheap

One of the biggest advantages of customer returns is that they are available for cheap. With the right resources, you will be able to buy these items for a reduced price even if they have not been damaged a lot. This means that you are getting a quality product for a much lower price than usual.

2. They Will Always Be Available

Unlike other sources that might dry up, customer returns are never “not available”. With this kind of liquidation, you can hope to fill up your stores come rain or shine. So when buying these returns, you are giving your store the chance to increase its overall stock and bring in more revenue and profit.

3. They Offer Price Flexibility

Not only are these products available for a cheap and reduced price, they will also help you because you won’t have to be worried about inflation and increased prices. The prices of customer returns items are highly flexible, so you can negotiate and get the deal that you want.

Buying Cheap Customer Returns

Now that you understand the benefits of customer returns, you must be itching to get your hands on some. For this purpose, all you need to do is follow these four steps.

Step 1: Find a Reliable Retailer

Whether you are buying customer returns liquidation products or any other kind, it is crucial that you first find a good and reliable retailer that is known in the market for their quality products. Because there are a lot of people who sell low quality used items for a high price, it is vital that you spot ones that are professionals from those who are not. Once you are able to find someone who you can trust, move on to the next step.

Step 2: Research the Products

When buying customer returns, it is important that you consider two things: the quality of the products that you are going to buy and their demand in your target market. Investing in items that are low in quality would mean that you would have to spend some amount in repairing them. This will end up costing you a lot more than you invested.

On the other hand, buying merchandise that your market doesn’t want would be a bad investment as no one would buy the products. So before you buy anything, make sure that they are of worth and that your customers are looking for them.

Step 3: Find Out Their Original Price and Why They Were Returned

Before you buy any customer return products, you should first check out why they were returned and what their original price was. This is important, especially if you are dealing with a retailer for the first time. In that scenario, you won’t know whether they are selling you something for cheap or for the original price. So to ensure that the product is actually worth what you are paying, you must check its original price. Moreover, find out why the product was returned because the damage may be irreversible.

Step 4: Decide between Lots and Pallets

If you are buying liquidation items for the first time, make sure that you know the difference between lots and pallets. Pallets are one product in different sizes while lots are a number of products of the same size. Both pallets and lots have discounts and promotions on them when purchased in bulk, but you should check each to ensure that your money isn’t going to waste.

Tips To Maximize Customer Returns Benefits

To make the most of your purchase, it is important that you follow a couple of tips. So, to complement the aforementioned four steps, here are four tips that will help you in making the most of your customer returns products.

1. Make Sure That the Sale is Legitimate

A lot of fake retailers and shops will act as if they’re going out of business when they face difficulty in selling the items themselves. So before you fall prey to any special deals, make sure that they are legitimate.

2. Time Your Purchases Carefully

Because sellers want you to pay as much as possible for their products, they start off with limited deals that offer 10-15% off on products and increase their discounts depending on the items that are selling. Therefore, if you want something specific, you should buy it earlier on because the discounts may be lowered. On the other hand, if you are just looking for cheap products, it will be wise to wait until the very end.

3. Focus on the Retailer

The quality of the customer returns merchandise that you are buying will depend upon the retailer that you are buying it from. So while less reputable retailers may provide you with products that are outdated and worthless, good liquidators will always consider quality before selling you their products.

4. Use Your Smartphone

Finally, your smartphone can prove to be quite an asset while buying liquidation products as it will help you compare prices and read reviews about the products that you are buying. Moreover, browsing online will help you in comparing items like books and electronics and ensure that you find reliable and professional retailers.

Now that you know the benefits associated with buying cheap customer returns, make sure that you invest in the right products and make the most of your virtual business.

Henley Johnson

Henley 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 Henley is here to help you grow your business.

View Henley’s Bio on YouTube.