LIQUIDATION PALLETS

Liquidation pallets are part of the reverse logistics industry. Reverse logistics is when companies bid for direct contracts with retailers to acquire liquidation contracts. Liquidation contracts yield bulk merchandise which then resells to secondary retailers, wholesalers, or other resellers. This bulk merchandise is often bought by the pallet or gaylord.

Liquidation wholesale comes from a variety of different sources and types. If you buy lots of liquidation, you will buy pallets differently depending on season. Here are common ways to buy pallets of merchandise.

Overstock Stock

Overstock stock usually happens when stores sometimes buy too much of one particular product or group of products. Other times, the product is seasonal overstock stock that is left after the season ends, like Christmas. The merchandise obtained from overstock stock is usually brand new, so it will be in excellent condition but it will have a lot of repeated products.

Wholesale Closeout

Wholesale closeout is merchandise from a store closing or moving locations. When that happens it is called a closeout sale, a clearance sale, or sometimes, a fire sale. Regardless of the terminology, the goal of the store is the same: to sell off all of its merchandise. This merchandise usually gets sold in liquidation lots to secondary wholesale resellers.

Return Pallets

Customers return pallets are exactly as they sound. A customer bought an item and returned it. Customers return items for all sorts of reasons: buyer’s remorse, bad fit, wrong color, or just flat out didn’t like the product. Interestingly, customer returns pallets are a fast growing field due to online shopping. According to the National Retail Federation, $428 Billion of Returns Merchandise happened in 2020.

Return pallets can mean many things to many people. But, the quality depends on the source and method of purchase. Sometimes, liquidation merchandise is brand new. Other times, it is not new but it’s still in working condition. Here are condition types in liquidation pallets.

Lots of New Merchandise

Merchandise obtained via overstock or store closeouts is usually sold in brand new lots or pallets. This merchandise is perfect and ready for resell. As a result, they are the most expensive out of all merchandise lots. 

Used Merchandise Lots

Used merchandise lots are products that have been opened and handled by former customers. Usually, they are in excellent condition, with no blemishes, imperfections, or signs of wear and tear. But, since most stores have generous return policies, sometimes the merchandise can be heavily used. That’s why this used merchandise pallets are more inexpensive than new lots.

Refurbished Electronics

In some cases, a electronics or other plug-in merchandise is repaired or refurbished for resale. Depending on the level of refurbishment, these refurb electronics can cost differently. Here are the levels of electronics refurbishment:

Grade A Electronics Refurbishment

The highest level of refurbishment is Grade A electronics. This means that the product is like new and in near-mint condition. It might be in such good condition that the average person cannot tell the new item from the refurbished one. Grade A refurbished items may come in their original packaging not come in the original packaging. However, in the cases where they do not, they will have all the necessary accessories (if applicable) and the original documentation.

Grade B TV Refurbished

TV refurbished using grade B have noticeable, but slight, defects, and will be in a working or usable condition. In the case of electronics or hardware, there might be scratches or scuffs on the casing. The original packaging may not be available, and if it is, then it may not be in the best condition, in which case, the item will be packaged in a new, plain box.

Grade C Best Buy Refurbished

Grade C Best Buy refurbished items have the most visual imperfections and signs of use. You can expect to see prominent scratches, dings, and other evidence of heavy usage when it comes to electronics and hardware. However, you can forget about the original packaging since it is either long gone or in extremely poor condition. These products are certain to be in working condition even if they may not always look that way.

Liquidation pallets come in all sorts of types and categories. Here is a quick summary:

Wholesale Bikes

Wholesale bikes and bicycles lots are sold by the pallet or truckload. They can be useful for bike parts resell. Usually they are sold through a liquidation warehouse but sometimes you can win them in online auctions.

Electronic Liquidation

Liquidation with electronic products is challenging but fruitful. The biggest challenge is knowing what to pay for wholesale electronics. Sometimes they are broken and need refurbishment before reselling. On the other side of the coin, they can be mint and easily resold.

Wholesale Furniture

Furniture wholesale is a great category for someone great with their hands. A big misconception from furniture liquidators is that it’s already assembled. Imagine getting many boxes of Ready-to-Assemble furniture and putting them all together. If you enjoy that kind of work, become a furniture liquidator.

HBA Liquidation Pallets

HBA liquidation pallets are also known as health and beauty pallets. These liquidation pallets contain everything in the aisles of your local drug store. Luckily, these pallets are always in demand since they contain necessities for daily life.

Wholesale School Supplies

School and office supplies sold through wholesale are great for resale. All year round, millions of students and office workers use supplies to accomplish their tasks. This means, if you buy supplies pallets, you always have a customer in need of your inventory.

Liquidation Sports

Sports equipment is a great liquidation pallet to buy. Since sports equipment is so expensive, buying sport liquidation is a great idea. There is some refurbishment in sporting goods though, so be aware.

Seasonal Wholesale Products

Christmas and Halloween are the most popular seasonal wholesale products to buy. The trick is buying them after the season for pennies on the dollar. Then, find a cheap way to safely store the seasonal goods. After waiting a few months, you will resell seasonal merchandise at full price. That is a great business model.

Liquidation Cosmetics

Grab a mystery liquidation cosmetics box if you are interested in selling makeup. We carry a wide range from all the top retail brands like Maybelline and Sally Hansen. Also, find everything from lipstick, lip liner, rouge, concealer, foundation, and more.

Wholesale Clothing

You will find clothing in every style and category in our wholesale clothing pallets. There is clothing for men, women, and children. There is clothing for all four seasons. There are underwear and outerwear. No matter what kind of apparel you need, you will find it with us.

Wholesale Shoes

A wide variety of apparel needs a wide variety of shoes to go with them. We can supply resellers with wholesale shoes for adults and children from all the top brands. We have shoes for exercise, comfort, work, and dressing up. All are ready to wear and in great condition.

Wholesale Handbags

Our wholesale handbags lots include beautiful handbags to serve all kinds of needs. Whether they are used to complete an outfit, for practical purposes, or a combination of both, we carry a wide variety of styles from some of the top brands in the business.

Housewares

Housewares include various accessories that offer ease and convenience to families. You will find coffee-makers, blenders, air fryers, toaster ovens, slow cookers, and other modern conveniences that make life easier. You can also get items like rugs, small towels, lamps, and more. Everything that is needed to make a house a home.

Wholesale Home Improvement

If you are interested in making the home an even better place, then our wholesale home improvement pallets are what you need. Each one includes tools, building supplies, kitchen remodeling supplies, bathroom remodeling supplies, outdoor supplies. Essentially, everything needed to make a home better on the inside or out.

Wholesale Toys

Where ever there are children, the demand for toys will never go away. Buy wholesale toys pallets and get a wide array of toys to keep the little ones entertained.

Wholesale Bedding

Wholesale bedding includes sheets, pillowcases, comforters, bedspreads, duvets, and more. Make sure that any customer who buys them gets a good night’s sleep with plenty of deals.

General Merchandise Target

General Merchandise Target is mostly hard lines. Hard lines include everything that is not wholesale clothing or wholesale shoes. These boxes and pallets of general merchandise are a great way to round out your selection of merchandise.

Since you are providing customers with high-quality merchandise at low prices, you have a pretty good chance of making a profit. However, if you want to take your business to the next level and maximize your profit, then there are some practices that you should follow.

Location, Location, Location

Your first priority should be to decide where you are going to set up your business because that will be a determining factor in the amount of merchandise you plan to sell. If you are opening up a physical store, then you will need the warehouse space to store some of your merchandise. The renting of a warehouse will also have an impact on your overall budget.

An online store doesn’t necessarily have those concerns since you can store the merchandise in your home. You will need to set up an online store, but there are several different e-commerce solutions that can help you. You could also set up a stall in a flea market, which obviates the need for large storage space.

Whatever decision you make, you need to make sure that you get the name of your store out there. Otherwise, the efforts of buying that liquidated merchandise and setting up a store will have been for naught.

Provide Extra Services

Selling low-cost merchandise is great, but if you can provide something extra, then you will have a lot of loyal customers who are willing to spread the good word about your store. If you are good at putting things together, then you can help to assemble complicated items for your customers. If you are a burgeoning fashionista, then you can provide style advice. Good at repairs? Help to fix any items your customers break. Going the extra mile can get you extra profit.

Leverage Your Social Media Presence

Social media is great for connecting with customers in different ways. You can get feedback from them that allows you to know what you are doing right and what can be improved. You can also give them a heads up on any new inventory that you receive. Social media can also be used to keep your customers apprised of any sales, deals, or bargains you are running.

Use Special Offers on Occasion

Since your prices will already be lower than the retail average, you do not need to offer sales. However, doing things like offering a discount when someone buys a certain set of items together will go a long way to making your store more appealing.

We always have pallets of merchandise for sale. Buy these Amazon truckloads, Walmart Truckloads, and Target Truckloads merchandise pallets for resell and make money today! With a wide range of products available at bargain-basement prices, it is easy to see why buying and reselling liquidation merchandise pallets are appealing. Buying pallets of merchandise ensures a steady flow of stock to keep your business afloat. You foster a loyal customer base attracted by the lure of low-priced items. Meanwhile, spending relatively little on inventory cost. If that sounds like a business plan that appeals to you, then peruse the pallets and truckloads of liquidated merchandise that we have to offer; once you begin to sell liquidated merchandise, you will wonder why you waited so long to get started.