Liquidation Pallets

Where Do Wholesale Liquidation Pallets Come From?

Customers return items to retailers all the time for various reasons: maybe they changed their mind; perhaps the product had a slight defect or imperfection; or maybe it did not work as intended. Whatever the reason may be, many retailers will have volumes of stock that sits in storage that cannot be resold in their stores. That is because those products can no longer be classified as brand new and need to be labelled as second-hand goods.

Since most stores do not sell second hand products, those products just sit in their warehouses. That is why retailers work with merchandise liquidators to sell off their customer returns at reduced prices.

Retailers tend to order more merchandise than they need, a typical example of this practice is when they buy seasonal stock. They are usually left with excess stock once the season ends, and so they need to get rid of it before they can put out the stock for the next season. Retailers need to get rid of that excess post-season stock as quickly as possible, so they get sold to merchandise liquidators at discounted prices.

When a store closes, all of its inventory gets sold off to various bidders. That includes not just the merchandise on the shelves, but the shelves as well, plus any other part of the store that isn’t nailed down—and some parts that are. That inventory includes the store’s merchandise, which gets sold to liquidation retailers at a cost that is much lower than the original prices.

This is when a defective product gets repaired and refurbished so that it is fit to be resold. That means the product goes through thorough and extensive testing to make sure that it works as intended. In many cases, a refurbished item can still use the manufacturer’s warranty, so it is still eligible for any of the benefits provided by said warranty.

Why Buy Wholesale Merchandise Pallets?

Quite simply, you will not find a better deal anywhere else and that goes for every person involved in the retail liquidation chain. First of all, you will be getting top quality goods at steep discounts. That is because we buy our merchandise from retailers at low prices for the reasons listed in the previous section.

So we can sell our products to resellers at lower prices than are available directly from retailers. Those products are then sold to consumers at low prices. Even though prices remain lower than normal at every stage, everyone benefits; retailers can still make a profit, and customers get top quality goods at extremely low prices. Everybody wins.

How To Make Money Selling Liquidated Pallets

Go to online retailers to find out what their top selling items are. You should also take advantage of social media to see which hashtags and topics are trending the highest. That way you will know which products are on customer’s minds and therefore, which products have the best chance of selling.

Conversely, you want to avoid products that have a low chance of being sold. You do this by finding out which products seem to be nailed to the shelves of retailers and which no one seems to be talking about. If a product seems to be oversaturated to the point where you can find it clogging up storefronts, then you should avoid that product as well. It is unlikely you will have more luck selling it even at a discounted price.

You don’t have to be a jack-of-all-trades retailer; it is perfectly fine if you are just a master of one—or a few. Instead of being a one-stop-shop for everything, you can focus on a specialized area such as clothing, home goods, or something else. A specialized niche is a good idea if you do not have the space to store a lot of merchandise.

Furthermore, you can engender customer loyalty by offering special bundles or services with your merchandise. If you are selling clothes, then you can offer a discount if a customer buys a certain set of items. You will still make a profit, and now you also have a loyal customer who will help to give you some great word-of-mouth. Nothing can beat free advertising after all.

If you are good at—or know someone who is good at—fixing things, then you can offer those services in addition to the merchandise you are selling. There is a lot of profit to be made by having a narrow focus and not spreading yourself too thin.

If you bought goods that were sold because they were out of season, then you can resell them when they are in season again. You can always be sure that people will need swimsuits and flip flops when summer rolls around. Just as you can be sure that they will need coats and jackets when winter arrives.

You can also take advantage of holidays as well. Christmas decorations, Halloween costumes, and fireworks for the Fourth of July are just some of the different holiday merchandise that you can sell when those dates come around.

You want to be open and available to your customers, not just in person, but online as well. The internet gives you a lot of different ways to stay in contact with your clientele. Social media platforms like Twitter and Instagram allow you to keep your customers apprised of any deals or bonuses you are offering. It also lets you announce the arrival of any new merchandise you may have recently received.

Of course, this type of communication is a two-way street, so you should be mindful of any feedback your customers leave, both good and bad. Reading negative feedback may not be pleasant, but in some cases, it can help you to identify and fix a problem you may not have noticed.

When you do get positive reviews, make sure to take the time to thank the customer for leaving you some positive feedback. People are more loyal when they know that they are appreciated. So, take advantage of what the internet has to offer you by making your business more accessible.

What Kind of Wholesale Pallet Lots are Available?

Any item that has ever been sold in a department store, home improvement store, big box retailer, superstore, or online emporium is available for purchase at a merchandise liquidator. That is why the pallets of merchandise liquidators will have any kind of stock that you can ever think of. Here are the products that you can get from us at heavily discounted prices:

Clothing - For any age, any size, and any season. You will find a full range of both practical and fashionable clothes for men and women, and boys and girls.

Shoes - We have the latest styles from some of the world’s top brands. You will find shoes for comfort, sport, and style in our pallets.

Handbags - You will find bags in different sizes and styles from some of the most coveted brands in the world.

Cosmetics - Makeup products from the top brands, ranging from eye shadow, mascara, lip gloss, and rouge can be found in our pallets.

Housewares - Everything from crockery to cutlery to kitchen appliances of every kind can be found in our warehouse.

Toys - Kids don’t get left behind when it comes to merchandise liquidation. We have a wide variety of stuffed animals, air guns, costumes, and more.

Home Improvement Products - We have doors, windows, flooring material, electrical equipment, HVAC supplies, home decor supplies, lawn and garden supplies, and more. You will find enough supplies to build a whole house here.

Bedding - Sheets, blankets, pillows, bed spreads, bed sets, duvets. Everything you need to get a good night’s sleep can be found with us.

General Merchandise - Miscellaneous merchandise like over the counter medication, tissue paper, coat hangers, and feminine products can be found in our pallets.

There Is A Lot Of Profit To Be Made In Buying Pallets Wholesale

You can get a wide variety of high-quality name brand merchandise when you buy pallets of liquidated merchandise. And you can get it all at low, low prices; prices so low, in fact, that you can make a tidy profit even when selling them at a discounted rate. As long as you do your research, find your niche, and don’t overreach, you will find a lot of satisfaction when you decide to start selling liquidated merchandise.