Welcome to Wholesale Forum.com
Wholesale Forum is the fastest growing online business community dedicated to retailers, auction sellers, surplus and overstock buyers needing a quick and safe solution for sourcing trade stock. Join our free and friendly forums today and gain knowledge, offer your advice, and discover new partnership opportunities:
For wholesalers, dropshippers, manufacturers, distributors and trade services providers. Advertise your business today on WholesaleForum.com for free to reach potential trade buyers on a more personal level. Promote your latest offers, interact with buyers in real time, distinguish yourself as an expert in your field, and attract sales instantly.
09 Jan 2011 11:40 PM #1
Buying Pallet Loads of Returned or End-of-Line Merchandise - Is it worth it?
10 Jan 2011 01:07 AM #2
That’s not a given. When you buy pallets of returns or end-of-season merchandise, you may or may not be able to make profits. There’s no guarantee that you’ll be able to even recover your purchase price, but if you’re lucky, you may be able to sell at 200 to 300 percent markups.
Wholesalers usually make pallets of the products received as returns by big retail chains like Walmart and catalog stores. So, it’s difficult to predict the quality of these products.
Plus, wholesalers don’t pay attention to whether the products are in working condition or are worth reselling. They just bring together similar kinds of returns and put them on the pallets.
Your risk is not simply that the returned goods may not work but also that the products that were originally in good condition get damaged due to bad packaging.
In a nutshell, I can say that buying pallets of returns means you’re gambling. If you’re in luck, you may get an excellent batch of goods and earn good profits; otherwise, you lose money.
You can buy pallets once in a while, but building a sustainable business by buying pallet supplies is not feasible.Buy the cheapest wholesale and dropshipgoods sold at up to 95% off Retail Price!
10 Jan 2011 01:27 AM #3
It also depends on the kind of goods you’re buying. If you’re thinking of buying pallets of electronic items, it’s not worth the money and effort. Usually, electronic items in pallets are in a non-working condition and need to be repaired and refurbished before selling.
10 Jan 2011 01:40 AM #4
Only if you deal in selling refurbished electronics should you think about buying pallets. In the worst-case scenario, you won’t be able to sell the products but you could be able to recover some spare parts. This will help your repairing and refurbishing the electronics business.
10 Jan 2011 02:11 AM #5
I bought 3 pallets last year. The experience wasn’t very bad. I made a 20% profit.
If you want to try your luck with pallets, don’t expect much. The quality of pallets vary a lot. And the profits depend on the quality of products in each pallet.
10 Jan 2011 02:33 AM #6
10 Jan 2011 03:58 AM #7
If a wholesaler tells you that a pallet on sale is untested, it probably means that the products are faulty or damaged.
Always read the pallet description carefully to avoid any disappointment.
10 Jan 2011 04:07 AM #8
Apart from low-quality stuff, the other problem with pallets is that some items often go missing.
10 Jan 2011 04:15 AM #9
This happened with me too. The wholesaler told me that the pallet contained 4 kettles, 3 toasters, 10 mp3s, and 18 iPods, but when I received the pallet, I found that there were only 12 iPods. I tried to discuss the issue with the wholesaler, but nothing came of it.
10 Jan 2011 05:03 AM #10
I have some advice for those interested in buying pallets. Itís always better to buy pallets from a local company so that you can personally pick them up. Otherwise, the cost of shipping makes it impossible for you to make profits by reselling.
Got something to say? Sign up now and join the discussions.
Tags for this Thread
By EyeBuy in forum Wholesale DiscussionReplies: 5Last Post: 30 Jun 2010, 12:03 PM
By Littleflower in forum Shipping & Shipping Documents DiscussionReplies: 5Last Post: 22 Jan 2011, 07:30 AM
By SurplusBuyer in forum Products & Trends DiscussionReplies: 2Last Post: 19 Oct 2011, 08:57 AM
By market987 in forum Wholesale DiscussionReplies: 10Last Post: 21 Oct 2010, 08:07 AM
By carolinescaravancurtains in forum Curtain FabricReplies: 1Last Post: 23 Aug 2012, 08:05 AM
By DropshipDiva in forum Import & Export DiscussionReplies: 0Last Post: 02 Sep 2010, 05:42 AM
By rdmn39 in forum Apparel StockReplies: 1Last Post: 28 Nov 2011, 09:16 AM
By BaiLing76 in forum Products & Trends DiscussionReplies: 0Last Post: 16 Aug 2010, 02:32 AM