

Leave room for trial and error: When you’re first starting out in the world of pallet auctions, you should expect a learning curve. The cost of shipping can seriously eat into your profits, so make sure you get a general estimate and include that in your overall budget estimate. Don’t let your pride lure you into a bidding war with someone else on something you don’t really need.Įstimate shipping: The heavier the pallet, the more you’ll have to pay to get it to you (unless you work close enough to the liquidator warehouse to pick it up yourself). Never bid more than the pallet’s estimated worth.
Amazon liquidation auctions how to#
You have to have a general idea of what you’re selling, what people will buy, and how to get the word out there.īid carefully : Find out as much as you can about a pallet before you make a bid. Know your market: If you are just starting out and randomly buy a pallet of stuff, you will probably get soaked. The best way to go about this is to plan carefully: In many cases, reselling these items brings in a tidy profit. You can then use these items to stock your own online store, retail location, or warehouse. While there is no way to guarantee exactly what products you’ll get in a pallet, bidding for pallets can be an amazing way to source quality items cheaply. This way, you have a third party examining the returns who can give you an idea of what shape it’s all in. This variance in quality is exactly why it’s important to buy through a liquidator auction. Some returned items have never even been opened, yet they sell back for a fraction of their original cost. Other returns come back because they are the wrong color, the wrong size, or the wrong style. Certainly some items are returned because they malfunction or are broken, but many items are returned simply because the buyer changed their mind. You can get Amazon returns in nearly any condition you can imagine. People and businesses looking to bolster their bottom line and get stock as cheaply as possible can then bid for these pallets of returned items. These pallets end up with liquidators who inspect them, categorize what’s on each pallet, find out what works and what doesn’t, and then hold Amazon auctions. Instead, Amazon loads them up onto pallets and sells them off at a steep discount. For the most part, they barely even inspect returns. It may seem hard to believe when you run a small company, but an enterprise as big as Amazon can’t afford to worry about their returns or allow them to take up space. Here’s how you can deal with Amazon returns. Although the company has been blocking customer accounts lately in response to too many returns, it’s generally easy to send something back to Amazon, and that can benefit you and your own business. One of the keys to the company’s success is their customer-friendly return policy. Housewares, Giftware, Sports, Toys, Newborn & Baby Car Seats, High chairs, Hardware, Name Brand Shoes, Bedding, Computer Gaming, Furniture, Camping Gear Royal Canadian Mint Coins, Jewellery,Ĭollector Coins, Beauty Products and more.Amazon has changed the landscape of retail sales forever. Our inventory is always changing, check back often to not miss out.Ĭustomer Returns, Shelf Pulls, Refurbished, Samples, Closeouts, Unclaimed Freight, Carton & Box Damage, Demo Units, Brand New Inventory & Much More Selling from a million dollar inventory of the Worlds largest online seller.
