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LIQUIDATION return pallets are a way for consumers to earn some extra money in these times of financial crisis.
Buying and reselling pallets has created success stories for some customers, but the process also carries significant risks.
1
What are liquidation return pallets?
Liquidation return pallets are boxes filled with various items that cannot be sold in a regular store.
There are several reasons why these items cannot be sold, such as damage to the products.
Pallets can also contain excess inventory from companies.
By reselling items that cannot be sold in stores, companies still generate revenue from those products.
Another benefit is that customers get the chance to get their favorite items for a fraction of the price.
John Lewis, Amazon, Argos and Very are some of the popular UK retailers that sell liquidation pallets.
Pallets are usually non-returnable, so buyers should think carefully before spending their money.
Where can I buy a liquidation return pallet in the UK?
There are many websites that sell pallets online. They are often organized by category, lot size, brand, seller and location.
Categories include health and beauty, toys, household, clothing and electrical appliances.
Liquidation return pallets are often sold with an estimated value and are almost always sold via auction.
If you win a pallet, you can choose to have it delivered to your location or pick it up.
Amazon’s liquidation pallets can be purchased directly through the retailer’s auction program.
Amazon Liquidation Auctions is the official marketplace where customers can purchase excess inventory directly from Amazon.
In the UK, you can register separately on the Amazon Europe Liquidation Auctions marketplace.
To bid on an auction, you only need to register with B-Stock. Once your registration is approved, you can bid.
There is no fee to apply or obtain approved buyer status. However, you must be a valid reseller to apply.
Who else is returning pallets?
There are several sites that sell liquidation return pallets from different locations.
Thanks to the sellers on these sites, you don’t have to wait for an auction to take place.
Below you will find a list of retailers that sell return pallets:
- Wholesale Scout
- B-stock
- MartHill International
- Gemstone Wholesale
- British offers
- Merkandi
- Wholesale Clearance UK
- i-Bidder
- Job lots
- Ebay
Can you make money with liquidation pallets in the UK?
There are buyers who have been able to make a tidy sum of money by purchasing and reselling items from pallets of returned goods.
Some people were even able to make a living by restoring and selling things.
Many have taken to social media to share their success stories and show how they made their money
One couple, Jamie and Sarah McCauley, said they were even able to make enough money to pay their mortgage by selling their returned pallet items.
The duo bought two boxes full of returned electrical equipment for £750.
They then found four Nespresso machines, two microwaves, two deep fryers and three air fryers on the pallets.
Unfortunately, not everyone is destined for the same fate, as many items are sold on pallets with defects or damage, making it difficult to make a profit.
Of course, you can have these items repaired before reselling them, but this will incur costs for the reseller.
What is retail arbitrage and how does it work?
Retail arbitrage simply means reselling a product for a profit.
In the UK it is perfectly legal, once you own an item you have the right to resell it.
Using the BuyBotGo app, resellers scan items they find in the grocery store. The app then tells them what price the products are selling for on Amazon and how many times they’ve been sold in the past month.
The reseller makes a profit on the items by reselling them through Amazon FBA.
Amazon FBA is a service that online sellers can use, where Amazon takes care of the storage, packaging, and shipping of your products.
All the reseller has to do is ship the products to Amazon and wait for the money to roll in.
