Liquidation refers to the selling of excess stock due to a variety of reasons. It could be due to overstocks or customer returns. This excess stock takes up warehouse space which affects the business. In order to empty out the space, these businesses sell the excess stock in bulk.
This is your liquidation pallet. They can be manifested or unmanifested pallets. Manifested pallets include full details about the merchandise in the pallet. Unmanifested pallets are the exact opposite wherein they may have little or very vague details about the merchandise.
These are also termed mystery pallets.These pallets are often sold at cheaper rates due to the need to get rid of stock. They are sold either directly by the company or through third-party retailers and sites. If you are looking to make a bulk purchase of a certain kind of good or simply would like to be surprised, you will need to find good places to buy them.
Any approved liquidation wholesaler will sell you a pallet of products. You will typically work with smaller liquidation wholesalers who purchase goods from large retailers and then sell them to customers like you. Make sure to locate a good wholesaler so you can obtain products of the highest caliber. If you are unsure, you may always look at their website for further details.
Here is a list of the best places to purchase liquidation pallets
BStock is a site that works both as an online marketplace and an auction site. It acts as a facilitator between the buyer and the seller. The site provides a network for various outlets to auction off their liquidation pallets.
They never hold or poach the goods which is a benefit to both the buyers and the sellers. It allows for direct contact between the buyer and seller and therefore makes it a great place to buy liquidation pallets from.
This platform specializes in selling pallets that are both small and large. They offer a large variety of products ranging from electronics to home furniture. They also provide mixed lots. The suctioning process starts off with very low costs and the delivery is budget-friendly too.
Quicklotz also has brick-and-mortar stores in various locations that allow you to test the products before buying them in bulk.
It is a website that allows you to search for and find any kind of product you wish to buy. It is very popular among boutique owners, drop shippers, flea market sellers, etc. the site works by connecting various kinds of auctioneering sites that sell liquidation pallets. This allows you to save time browsing for places to buy your products as well as helps you compare prices easily.
WiBargain only sells mystery pallets. While all the products in their pallets remain mysteries, they constantly emphasize quality checks. They ensure that they sell only good quality products. They host an auction every Sunday at their base in Bakersfield, where they auction off over 500 items. At this auction, you can source specific liquidation pallets.
It is an online marketplace that buys returns from both major and small businesses. Most of the products that arrive at this marketplace arrive from warehouses all over the country. They are wary in sizes and the auctions can range from single-unit to multi-million auctions.
6. Smaller Lots
Smaller Lots is a large online resale platform. They help resellers buy pallets from giant retailers and wholesalers. Their customers include Amazon and eBay sellers, refurbished goods retailers, and many more. Shipping costs depend on the order’s weight and the delivery distance.
7. Continental Wholesale
Since Continental Wholesale offers goods to retail stores, flea markets, mom-and-pop businesses, dollar stores, thrift stores, and many more, they do business with everyone. The costs are reasonable, and they even have a general category where you can get a lot of various goods.
They have grown from a modest garage vendor to a complete online marketplace. They take quality assurance and quality control extremely seriously, thus every liquidated lot includes a precise manifest. Additionally, they guarantee to make up the difference if something is wrong or not up to par. To date, more than 1 million people have used Bulq to make purchases.
Buying liquidation pallets is a good way to generate income on the side or even make a business. It is very important that you do your research before buying a pallet. Make sure the products that you wish to buy are always of good quality. Compare prices among these various websites before making a decision. Once you figure out the best place to buy your pallets, a lot of your work becomes easy. The next thing you have to focus on is growing your business. With time and good planning, you will be able to succeed!