Are you looking for a profitable way to start selling online? Look no further than flipping Amazon return pallets! These pallets are easy to find and purchase, and with a little bit of knowledge, you can turn them into a lucrative business. In this article, we’ll explain everything you need to know about Amazon return pallets, including where to find them and what to look for when buying one. Get ready to start making money from the comfort of your own home!
What are Amazon Return Pallets?
Amazon return pallets, also known as Amazon liquidation pallets, are large crates utilized by Amazon for the distribution of returned goods. Instead of letting these items go to waste, Amazon carefully categorizes customer returns into various boxes and offers them to large firms at discounted prices. These firms then provide an opportunity for resellers who are willing to take a chance on these goods.
How to Buy Amazon Return Pallets?
Amazon usually makes return pallets to simplify the process of liquidation. They usually sell these pallets to liquidators who can handle a large inventory all at once. These liquidators then sell the return pallets to resellers and small businesses at a reasonable price.
Instead of dealing with intermediaries who are likely to charge higher prices, you have the option to purchase Amazon returns or liquidation pallets directly from liquidation firms. These firms acquire the return pallets through Amazon liquidation auctions.
Amazon Liquidation Auctions
Liquidation companies buy return pallets from Amazon through bidding. Registered liquidation companies can bid and receive a truckload of excess inventory and returned items. The Amazon liquidation auction is ideal for big business buyers looking for a diverse range of products to kickstart their inventory.
However, it’s important to note that Amazon and the liquidation companies do not reveal the specific contents of the pallets to resellers.
What Should You Expect in an Amazon Return Pallet?
When you buy a return pallet, it’s hard to know exactly what you’re going to get. These pallets usually have a mix of different products, like electronics, clothes, beauty items, and video games. Unfortunately, the pictures on some liquidation websites aren’t very helpful because you can’t see everything in the pallet.
But, some websites have a manifest that lists every item in the pallet, so you can see exactly what you’re getting. The only downside to buying Amazon returns is that some of the products might not be in great condition. Some might not be fit for sale, while others might need a little fixing up before you can resell them.
Why do Customers Return Products on Amazon?
About 67% of online shoppers check the returns page before placing an order, as reported by Business 2 Community. It’s no wonder that many people prefer to shop on Amazon because of their flexible return policy.
While the intention of online shopping is not to return products, there are various reasons why customers end up doing so. These reasons can range from damage, defects, low quality, or simply not receiving what they expected.
Out of all the returns, 20% were due to receiving damaged products, 22% received products that looked different from what they ordered, 23% received completely wrong items, and 35% had reasons that only they knew.
Although these reasons may be valid from the customer’s perspective, excessive returns can negatively impact Amazon sellers. Luckily, sellers now have the option to purchase Amazon return pallets, resell them, and recover their losses instead of facing outright losses.
What Does Amazon Do With Product Returns?
Amazon handles returned products in various ways based on their condition. If the products are still in good shape, Amazon usually resells them. However, if the items are damaged, they dispose of them. In certain cases, Amazon chooses to liquidate the returned goods by sending them to partner firms that specialize in reselling such products. One common method of liquidation is through Amazon return pallets.
In 2021, Amazon introduced liquidation resale platforms to assist sellers in reselling returned products. One of these platforms is the Grade and Resell program, which allows FBA sellers to relist and resell their returned inventory on Amazon as used items. Another program called Amazon Outlet serves as a channel for sellers to sell excess merchandise. Additionally, Amazon operates a daily deals website called Woot, which is also a great platform for sellers to resell their products.
While these channels may be beneficial, not all sellers want to deal with the hassle of receiving returned orders, repackaging them, and relisting them on Amazon. For those sellers, an alternative option is to learn how to purchase Amazon return pallets or Amazon Liquidation pallets.
Where to Buy Amazon Return Pallets
You can buy Amazon return pallets from liquidation companies. There are plenty of options to choose from, but make sure you’re purchasing from trustworthy firms. Here are a few places where you can get Amazon returns.
Liquidation.com is a huge and trustworthy liquidation company that many resellers turn to when they want to buy Amazon returns. It’s like their go-to website for checking out the available options.
When you buy from Liquidation.com, you’ll be bidding on Amazon return pallets through auctions. To participate, you’ll need to register and place your bids. But here’s the catch – just like other liquidation companies, they don’t give you any specifics about what’s inside those pallets. So, as a retailer, you’ll have to discover the contents yourself after making the purchase and you can also buy unclaimed Amazon packages in this platform.
Direct Liquidation is similar to liquidation.com as they both work with major retailers like Amazon, Target, and Walmart. This means that you can find some amazing deals on their website.
On Direct Liquidation, you have the option to narrow down your search based on the marketplace. If you’re specifically looking for customer returns from Amazon, you can easily search and view pallet options from Amazon only.
Just like liquidation.com, Direct Liquidation operates on an auction-based system. This means that you’ll need to sign up and place bids in order to secure a pallet that catches your interest.
One thing to note is that Direct Liquidation doesn’t provide detailed descriptions of the pallet contents. However, they do sometimes include images. It’s important not to rely solely on these images though, as they may not always accurately represent the actual contents of the pallet.
888Lots.com is not as well-known as the ones mentioned earlier. They buy most of their pallets from Amazon, and the great thing about purchasing Amazon returns from 888lots.com is that you can buy individual products at heavily discounted prices.
They also provide a manifest, which gives a detailed description of what is included in their pallets. Additionally, they have an Amazon calculator that helps you estimate your costs and determine if the pallet is worth buying.
However, it’s important to note that while you can find individual products at incredibly low prices, there is a chance that some items may be damaged and not in perfect condition.
For customers in the United States, 888 Lots require a valid resale certificate. If you are based outside of the U.S., you will need to present a valid business registration document.
Bulq is another popular liquidation website that purchases customer returns in bulk from various online marketplaces, not just Amazon.
Unlike many other liquidation companies, Bulq does not use auctions to sell their products. Instead, you simply add the pallet you’re interested in into your cart and make the payment.
They provide a detailed description and pictures of each pallet, but it’s still important to keep in mind that you can’t be completely certain about the contents and quality of the products.
BlueLots is also a well-known liquidation company that makes it easy for resellers to purchase Amazon returns or customer returns from different marketplaces.
Since they have a variety of pallets from various marketplaces, they offer a search feature that allows you to find pallets from any specific marketplace you prefer.
BlueLots provides a wealth of information about their return pallets, making it easier for you to make an informed decision. You can view detailed manifests and clear photos to get a better idea of what is included in each pallet.
How Much Does it Cost to Buy Amazon Return Pallets?
The price of an Amazon liquidation pallet can vary depending on the size of the pallet and the website you choose to buy from. Some websites have fixed rates, while others have auctions where you bid on the pallets.
On average, the prices for a pallet can range from $100 to $5,000, depending on the quality and value of the items. However, it’s important to note that not all pallets or websites fall within this price range, as some can even cost up to $10,000.
When it comes to shipping, different liquidation companies have different costs. Some may offer free shipping, but in most cases, you’ll have to cover the shipping expenses. The shipping costs are determined based on the size of your shipment and the distance it needs to travel.
Tips on How to Choose the Right Amazon Pallet
- When comparing different liquidation companies, keep in mind that there are plenty of options available. Look for opportunities to purchase returns pallets at lower costs, as this can greatly maximize your profit margins. Remember, your real profit often lies in the buying process.
- It’s always a good idea to start with a small investment to get a feel for buying pallets. Avoid the temptation to splurge on expensive name-brand goods right away. Take the time to understand the experience and make informed decisions.
- If you’re new to buying pallets, it’s best to steer clear of purchasing a pallet of used electronic items. There’s a high chance that these items may not work, and if you’re not familiar with fixing them, it could result in a significant loss. It’s better to gain experience and knowledge before taking on such risks.
- There are certain items you should avoid when buying pallets, such as baby items due to safety concerns, cooking products that are likely to be used and difficult to resell, and anything with numerous parts and accessories as some parts may be missing. Electronics should also be avoided to minimize potential issues.
- When searching for good items to buy, remember that simplicity is key. The simpler the item, the better chances it will work fine and can be easily resold. For example, exercise dumbbells are a great option. Additionally, name-brand goods are usually reliable, but make sure to assess the likelihood of any defects or issues, especially when it comes to electronics.
- Be cautious of shipping costs when dealing with liquidation companies. Some companies may charge you for the shipping of your return pallets. Before purchasing an Amazon return pallet, make sure to check the freight costs. It’s possible that the shipping expenses could outweigh the amount you pay for the goods, so it’s important to factor this into your decision-making process.
Conclusion: Should You Buy Amazon Returns?
If you’re looking to start a retail arbitrage with minimal upfront capital, then yes, considering buying Amazon returns could be a good option. However, it’s important to note that there is a level of risk involved, and it’s not a guaranteed way to make money.
That being said, if you’re willing to take on the risk, it can be a fantastic opportunity to earn money online. The best part is that you don’t need much storage space or any technical skills to get started. All you have to do is focus on increasing the resale value of your products.
Reselling is a wonderful way to enter the Amazon marketplace, but make sure to carefully consider your options before deciding to purchase Amazon returns.