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    1. Thomas is offline

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      #1

      Wholesale Stocklot tips

      Stocklots are closeout products that are no longer in production or are product returns, and they are packaged in bulk for quick sale to clear inventory room. With wholesale stocklots, you don't get to pick and choose your product. It's all or nothing here. As a matter of course, there will be questions you will need to ask the seller :

      Is the stock of the same or similar goods?

      Is the product on the pallet damaged in any way?

      Is there a list or picture of the products that you can obtain prior to purchase?

      This is a partial list, but one that should suffice.
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    2. KSmith is offline

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      #2
      Something else that might be helpful is to look for the grading label that should be on the pallet of each stock lot. That will give you an idea of what is on the pallet and the condition of the items. Here are the labels to look for:

      Clearance – This is stock that was cleared from inventory to make room for new stock.

      Letter Graded – "A" is usually defect-free and in original packaging. "B" is usually still in working condition, but might have slight damage or be repackaged. "C" has serious defects or no longer works and is no longer in the original packages

      Returns/Mixed Returns – Items that have been returned by customers. If they are mixed, a variety of items is on the pallet.

      Scrap – the only use is for spare parts.

      Clothing Grade – Returned or used clothing. Pay attention to the grade! Grade 1 might have small defects while Grade 2 would have visible signs of damage or wear.
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    3. great2000 is offline

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      #3
      all of your tips are useful, thank you very much.

    4. DSPeter is offline

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      #4
      Are there ever hazardous materials in stocklots? And if there are, while I know there would be a placard on the shipment to identify it, would you also be able to classify that as a clearance item if it actually was? And what exactly could happen to a company if they forgot to include that item or items on their bill of lading? I know some warehouses that ship off pallets such as these as a one unit item, that's why I'm asking.

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