How to Buy & Sell Pallets of Returned Merchandise
In the next few weeks im going to talk about how to buy pallets of returned marchndise, and then resell them online ( on ebay, amazon, bonanaza and so on).
I call this method ” Pallet Flipping “, and the idea is simple - you buy pallets of brand name items[ mainly customer returns, or shelf pulls], in order to resell them online for profits.
I have been doing that for a while now, and would like to share my thoughts and ideas with you, if you are looking for legitimate ways to make money online.
This is the brief introduction of a whole guide I will write, so make sure you bookmark and follow my blog, and if you don’t mind sharing, i’ll appreciate that.
Today i’ll talk about what are “returned merchandise” ? , where can you buy & resell them ? and how to pick profitable pallets of items.
Lets begin.
What are returned merchandise, anyway?
These are products that were returned by customers to wherever they bought it from. It can be amazon returns, macys’ returns, or any other retail store.
The condition of the returned items vary. Some of them will be in brand new condition, while some are so-used-they-barely-worked.
But beware : when I started flipping pallets, I was shocked with the lack of integrity of some people out-there. It’s funny to see a return item, that looks like it has been used for a couple years at least. But some people are shitty, and you and I will have to deal with that and take the losses if we want to make money flipping pallets.
Sometimes you will have to clean some dust or even fix the products you bought, that’s why I recommend
Where can I buy pallets ?
I recommend bulq.com, and it is one of the sources I use. There is another source I am using, but stick to bulq.com especially if you are a beginner.
On bulq.com you’ll find pallets of items from tons of niches, from HBA [ health and beauty ] to electronics.
How to choose the right pallet ?
When buying pallets, especially costumer returns, you want to check the “manifest”. The manifest, is a list of all the items you are supposed to get. Notice I said “supposed” because they aren’t 100% accurate.
You need to figure out how much you paying for each item ( I.E you bought a pallet with 100 items, for $1000, you paid $10/item) so you will know the price you need to sell it for.
Don’t forget to reduce the shipping fees and ebay/amazon fees from your profit, so you can get an accurate picture of the real net revenue.
I highly recommend sticking to 1 niche, especially a niche you know something about. For instance, if you are a hair stylist, buy HBA ( health and beauty) pallets, you will know the products, as they are brand name products (like philips ), you will know their average prices, and even better, you might even know how to fix it if one comes damaged / slightly used.
Where can I sell the items I bought ?
Anywhere.
I sold my items on amazon, ebay, and even craigslists and offerup ( and app for trading localy).
Because you are dealing with brand name items, you won’t have a problem ‘selling’ your products. They are already well known to people.
I want to learn more, what’s next ?
If you want to learn more about selling on ebay, flipping pallets ( or individual items, which is retail arbitrage) and really take your ebay hobby into a business, I just wrote a new kindle ebook called ” eBay Selling Mastery 2016 ” which gives you some of my top secret resources, tips and strategies, and will make your ebay journey a success.
I price the ebook at $0.99 (yup, that’s 99 cents) for the first week only, the price will go up to $19.99 in the next few weeks, so get your copy now while it’s cheap !
Get A copy of eBay Selling Mastery 2016 by clicking here !
Lets Wrap it up -
Buying and selling pallets / boxes of returned merchandise is a real, legitimate business. It is a business like any other. You will have costs and will need to carefully culculate and track everything ( costs, profits, etc ).
It is a huge and subject that I won’t be able to cover in 1 blog posts. However, I covered most of my advice and tips, including my years of experience in the ebook I wrote.
Get your copy now, before the price goes up !
Don’t forget to share this with your friends if you got any value out of my post 🙂
This is an interesting approach to the bulk buy and sell methods, definitely a little different than what others are doing. Thank you for sharing.