Some people have made a good living by reselling Amazon return pallets, finding valuable items in these bulk collections of returned products.
However, while this can be a profitable venture, it’s also a risky one. If you’re not careful, you could end up losing a lot of money.
You can purchase a pallet of unseen goods at a discount price to sell on[/caption]
What are Amazon return pallets?
Amazon return pallets are bulk collections of returned items that Amazon sells to third-party buyers, typically through liquidation or auction platforms.
These pallets contain a mix of products that have been returned by customers for various reasons, and they offer a unique opportunity for resellers and bargain hunters alike.
The pallets are are sold at a huge discount to any seller willing to take that gamble.
Buying Amazon returns could make you a lot of money by refurbishing and reselling the used merchandise online.
The more you’re willing to buy, the cheaper the overall cost.
Typically, Amazon’s liquidated items are sold either by the pallet or the truckload.
When you try to buy liquidated merchandise from Amazon, the pallet or bundle will usually carry an “estimated retail value” and it’s almost always sold off via an auction.
If you’ve ever watched the shows Storage Wars or Storage Hunters, buying these pallets works in a much similar way – though you are not allowed to examine the merchandise at all.
Sites selling Amazon return pallets are typically organised by category, lot size, brands, retailers and by location.
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What’s Inside an Amazon Return Pallet?
The contents of an Amazon return pallet can be highly varied.
They may include anything from electronics, household goods, and clothing to toys, tools, and more.
The specific items inside a pallet are often not disclosed in detail before purchase, making it a bit of a mystery box.
The condition of these items can range from brand new and unopened to heavily used or even damaged.
Some items may have been returned because they were defective, while others might have been returned simply because they didn’t meet the customer’s expectations.
Overstock items or those in open-box condition may also find their way into these pallets.
How much do Amazon return pallets cost?
Prices for the pallets vary depending on the liquidation company[/caption]
Prices for Amazon return pallets very much depend on the liquidation company they are sold from and how large they are.
Customers can bid above or below each pallet’s retail value.
For bulk pallets, prices can range anywhere from $1,000-$6,999 (£815 – £5,600) depending on the quality of the merchandise and market value.
Some pallets can be marked as high as $10,000 (£8,142.60), while others are far less depending on the number of bids.
Where can I buy Amazon return pallets
The return pallets are often sold through specialised liquidation and auction websites that partner with Amazon.
A few popular platforms for purchasing these pallets include Liquidation.com, B-Stock, and Direct Liquidation.
These sites allow buyers to bid on pallets or purchase them outright, often at a fraction of the retail value of the included items.
The cost of these pallets can vary depending on factors like the category of items and the perceived value of the contents.
The Amazon auction season usually begins after the holiday season when consumers return unwanted gifts in large numbers.
In addition, there are many liquidation companies out there that buy from Amazon and other independent businesses and take a cut of every sale.
Are Amazon return pallets worth it?
Ultimately, maybe. There’s a story about a man who bought a mystery pallet of returns for £547 ($691) and was set to make £3,000 ($3,800) profit from it.
The box contained a range of things ranging from a pregnancy pillow to air filters, as well as an axe throwing set.
But these are only the stories where people have found something good.
Consider the case of the couple who bought a return pallet and were landed with no less than sixteen mini fridges, most of which were broken.
They also received ten alarm clocks.
Does Amazon have a liquidation site?
Yes. In 2018, Amazon partnered with B-Stock to launch Amazon Liquidation Auctions.
Amazon Liquidation Auctions is the official B2B marketplace where you can buy overstocked merchandise directly from Amazon.
To place a bid, you’ll need to register with B-Stock and go through their approval process.
There is no fee for applying or for being an approved buyer.
Quick guide to buying return pallets
Here's where to buy the most popular return pallets:
- Where to buy return pallets in the UK?
- Currys return pallets
- eBay return pallets
- Argos return pallets
- John Lewis return pallets
- Amazon return pallets
- Very return pallets
- Screwfix return pallets
- Beauty return pallets
- Wholesale return pallets
- Electrical goods return pallets
- Clearance return pallets
- Liquidation return pallets
- Can I return a return pallet?