Does the idea of buying items for pennies on the dollar, not knowing if they are intact and functional appeal to you? Can you forget to be sure of the quality for a bargain? If the answer is “Yes!”, you might want to take a look at buying returned pallets.
It’s a bet with the prospect of being a bargain. Why not give it a shot?
What are return pallets?
Returned pallets allow people to get their hands on a pallet of goods, with the caveat that you don’t know why the items were returned in the first place. They could be damaged beyond repair or in perfect condition, and you won’t know for sure until you unbox them and try them out for yourself. You could save a fortune and enjoy a great deal, or live to regret the purchase.
If the air of mystery and the prospect of a bargain appeal to you, let’s look at some of the best places to pique your curiosity.
Liquidation.com allows you to buy consumer goods and trade surplus inventory. It has various deals on items from Amazon and other companies, and you can buy by box, pallet, or truck. Selling is usually done by auction, so you bid on what you want and the highest bidder gets it.
You can find pallets with goods in categories such as clothing, electronics, household items and more. Of course, that doesn’t mean that every item you get will fit the main category.
For example, if you buy a pallet of electronics, some household and clothing items might also end up with you, and vice versa. This tends to apply to all places that deal in selling pallets.
BULQ is a clearance center that carries products from Amazon and other companies, and items sell through a fixed price or 48-hour auction. Amazon, in particular, receives many returned items and issues many refunds. Return pallets are therefore a great way to earn money with goods that would otherwise remain intact.
The website is very convenient to use as you can browse whatever you want. There’s a section that lets you browse items by category and another for condition – new, like new, uninspected returns, used and working, or salvaged.
There’s also a new section that lets you choose between pallets and crates. You receive an estimate of the retail price, a few images that usually only suggest what’s inside the container, and a full manifest that you can download and inspect.
Again, however, you don’t know if everything is in perfect condition and working. It’s the bet.
DirectLiquidation offers excess inventory consisting of overstock, shelf pulls, customer returns, and salvaged and refurbished merchandise. You can buy goods by carton, pallet or truck. Items tend to be auctioned, and you can pay by bank transfer, credit card, and even a line of credit.
You can shop by department, and there are also separate sections for buyers and sellers. The platform’s featured liquidators include major names such as Walmart, Lenovo, and Lowe’s. And the list of manufacturers featured includes even bigger names like Mattel, Nintendo, Apple, Samsung, and Fisher-Price.
888 Lots offers an easy-to-navigate website, where everything is broken down into self-explanatory categories. You can find fixed price items and browse merchandise by pack size – small, medium and large.
If you want to buy an Amazon palette, before deciding to make the purchase, you have access to a ton of useful information. 888 Lots lets you see certain product images and Amazon sales rank, item condition and description, and a few other things. You also get the estimated price of the goods.
Although the platform does not auction in favor of fixed prices, there is still room for negotiation with individual sellers.
BlueLots is a business-to-business marketplace that lets you buy clearance inventory in bulk. You can connect with wholesale and clearance suppliers and buy the excess inventory they offer. The purchase is made by auction.
If you decide you like one of the things up for auction, you can check out the information that comes with it and make sure it works for you. The platform shows the items’ original retail price, how many units you’ll get and their condition, and an inventory manifest detailing the contents of the box. You can also see the number of packages you will receive, so you can determine the shipment.
B-stock organizes liquidation auctions and offers you complete information on what you are agreeing to buy. As soon as you choose an auction to participate in, you can see the quantity and quality of the items you are bidding on, which is detailed in a manifest. You can get merchandise from a multitude of marketplaces, like Amazon, Target, Walmart, Costco, etc.
B-Stock lets you get your hands on boxes, pallets or truckloads of items. The website is user-friendly and easy to navigate. There is a specific section that focuses on explaining how the process works. The main thing is that you browse, bid and get your stuff after winning the auction. It’s simple as hello.
The BoxFox marketplace only offers brand new items. This means that you are not buying returned items but have excess stock.
Each pallet comes with a fixed price, and at the auction you decide whether to match it or go lower or higher, depending on how much you want. When you decide to engage in a bidding war, you can see product images, market values, and ratings, among other data, allowing you to make an informed decision.
The platform aims to ensure you have a positive experience using it, so if you get the wrong items than you expected, you get a refund. It’s easy to do since your money is locked in until you receive your order and can check that everything is as it should be.
Is it worth the risk to buy these palettes?
There are several reasons why buying goods in bulk makes sense: it’s cheaper and it’s faster. You manage to stock up on inventory in one fell swoop and maintain a sizable profit margin. But is that the same if you’re not aiming to fill the shelves?
If you’re someone not looking to fill a store, is it worth turning to clearance, wholesale, and return pallets? Well yes. You don’t have to buy the biggest or most expensive pallet available, of course, but if you can afford one and have the space to sort it, why not give in to curiosity and verify it?
If YouTubers are to be believed, it’s a fun experience that can uncover many gems in the process. It’s been a trend for a while for creators to get palettes back and see how much money the items are racking up and if everything is working. Why not join the trend?
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