Amazon return pallets are a great way to save money. However, you might be wondering whether or not they’re worth using. Well, we have all the answers for you here! We’ll go through everything from what exactly are Amazon returns pallets, how do they work, and where can you get them. Before we get started, let’s first learn about Amazon.
Amazon is an American multinational e-commerce company based in Seattle, Washington that specializes in the selling of goods and services over the Internet. The company was founded by Jeff Bezos on July 5, 1994. , As of August 2017, it is estimated that Amazon has annual revenues of US$1 trillion and a market capitalization of US$917 billion. In its first five years, Amazon grew at more than two hundred percent per year; as of 2016, this pace had slowed to around ten percent per year, but Amazon continues to be among the fastest-growing large companies in the world.
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How do Amazon Return Pallets work
Amazon returns are used to ship products back to Amazon after customers receive them damaged, defective, or incorrect. You can use these pallets to ship your items back to Amazon. When you place an order with Amazon, they will give you a tracking number that will help you track the status of your shipment. Once the item arrives at Amazon, they will send you a notification email informing you that the item arrived safely. Let’s now look at how Amazon returns pallets work.
Amazon return pallets are large piles of Amazon inventories sold either by pallet or truckload and the way it works is the more you buy the cheaper it is.
Amazon liquidated items purchase works in the same way as in the movie “Storage Wars”. You will be blindfolded about the items that you will be receiving. The only time you will know about those items is after you purchase them and receive them.
Buying liquidated merchandise from Amazon generally occurs through an auction process. The auction description doesn’t provide any details of what is inside the box.
The liquidated merchandise from Amazon does not always come in a brown box but sometimes the boxes are also of different brands that are labeled from outside.
Also, there is no guarantee that the merchandise is in good condition. They could be in any condition and some of them might also be broken. So, it is all up to you to sort it out and to sell it.
How to Buy Amazon Return Pallets
The best way to purchase Amazon liquidated items is directly through Amazon. If you are looking into buying it through the auction process then, you will have to wait until it’s after the holidays season or you can buy it from a third-party warehouse.
Several other independent companies buy Amazon pallets and take a cut for each sale. For example, Liquidation.com offers several individual packages on auction.
How can you Bid on an Auction
Amazon Liquidation Auctions was launched in 2018 when Amazon collaborated with B-Stock. It is an official b2b marketplace that allows you to buy merchandise directly from Amazon. B-Stock inventories not only include Amazon pallets but also include merchandise from Walmart, Best Buy, The Home Depot, Target Auction Liquidations, and more.
Amazon Liquidation Auctions merchandise includes home items, clothing, groceries, electronic devices, shoes, and many other items directly from Amazon.
To bid on an auction, the first step is to register with B-Stock. Then, you will need to be approved before you proceed further. The good thing is there are no fees or payments for applying and getting approved.
Then, once you are approved, you can start bidding and if you win, they will provide you with the details of the payment and shipping options to deliver your goods.
Currently, Amazon Liquidation Auctions is only accepting US applicants for its auction. Also, the applicants are required to have a valid reseller certificate to be eligible.
How to Decide on the Right Liquidation Auction
When deciding which auction to participate in, make sure to consider the following:
- How much do you want to pay?
- What kind of item are you interested in?
- Do you prefer to buy it online or offline?
- Are you willing to travel to pick up the item?
- Is this the right time to invest?
- Will you get the most value for your money?
How much does it cost to buy an Amazon Return Pallets
You can find the price of an Amazon return pallet by going to the Amazon Marketplace website. There, you will see the current market rate for each type of pallet.
For instance, you can search for “pallet” and click on one of the categories such as “Liquidated Merchandise”. You will be able to view the current market price for each category.
If you wish to know how much it costs to ship an Amazon return pallet, you can check the shipping rates at the Amazon Shipping Calculator.
If you are planning to buy an Amazon return container, you should note that it is not cheap. In fact, it can cost anywhere between $200 to $300 per unit or more. However, if you plan to use it as a storage space for your inventory, you may end up saving a lot of money over time.
There are different factors that determine the value of a used Amazon return container. These include:
The size of the container
- How long has it been sitting idle?
- Is it still sealed?
- Does it have any damage?
Next, we’ll look at some of the biggest liquidation merchandise sellers where you can buy them online and offline.
Biggest Liquidation Merchandise Sellers
Launched in 1999, Liquidation.com is a leading provider of liquidation services from major retailers to retailers around the world. They sell all types of merchandise including electronics, furniture, apparel, toys, jewelry, books, CDs, DVDs, and more.
They offer two main ways to purchase their inventory:
This option requires you to fill out an application form and submit it along with a non-refundable deposit. After approval, you will receive a quote within 24 hours. Once you agree to the terms and conditions, you will then be given access to the inventory.
Buyer Protection Plan
This option allows buyers to take advantage of the seller’s Buyer Protection Plan. It offers protection against fraud, theft, and other losses.
Founded in 2007, DirectLiquidation.com is another major liquidation company that sells items from retail stores. Their inventory includes clothing, shoes, accessories, home decor, bedding, and many others.
Buying liquidation on DirectLiquidations.com offers several benefits.
- No minimum order quantity (MOQ)
- Free shipping
- Quick delivery
- International shipping
BStock.com was founded in 2009 and specializes in selling liquidation products. They focus mainly on consumer goods like clothes, shoes, books, and toys.
Their inventory changes frequently so they often have new items available. The prices listed on their site are discounted compared to the manufacturer’s suggested retail pricing.
888Lots.com specializes in selling liquidated items that have a large portion of its inventory of Amazon liquidation merchandise. They carry a wide variety of brands and products.
You can choose from thousands of items ranging from fashion to home decor. They also offer a free shipping service to customers located in North America.
A great thing about 888Lots.com is that one can easily purchase individual items at a very cheap price. Moreover, they also have an Amazon profit calculator that allows users to calculate if selling an item makes a profit or not.
Secondipity is the world’s largest marketplace for business surplus and its sister marketplace Liquidation.com have access to returned and surplus inventory from half of the top 30 consumer brands and more than half of the top 20 retailers thanks to Liquidity Services. Secondipity’s dedication to obtaining store returns and overstock items ensures that you get amazing things at incredible pricing.
Once you sign up, you get access to millions of items currently being sold by other members. You can browse through these items yourself or set your own search criteria to find exactly what you’re looking for.
Once you find an item that interests you, you simply click “buy now” and pay using PayPal. As soon as payment clears, the owner receives a notification and sends you a link where you can download your purchased item.