Let’s review an Amazon pallet manifest! I like to go over manifests for readers who are buying customer returns for the first time. Manifests reveal pallet and truckload contents, often offering retail/wholesale values of each item.
Alright, let’s get down to it! Many of you have reached out in the pursuit of Amazon.com customer returns, so I thought it would be fitting to review a pallet of customer returned clothing from Amazon.
Where can you find sources for pallets like this? Good question. I have an answer for you…wait for it—The Liquidators Guide. Yeah, I know you wanted me to tell you right off where to locate Amazon pallets, but hey, I have to make a living too! I’ve been buying liquidation merchandise since 2002, and with my experience, I’ve packed a lot knowledge of the industry within guide. If you’re new to the concept of liquidation sourcing, the guide will answer many of the questions you undoubtedly have.
The Amazon.com customer returns pallet is advertised in this way:
Amazon pallet retail value $17,939.37
Liquidation Buyer Cost $4,843.63 (27% of original retail)
Category of merchandise: Customer Returns
Mixture of Men’s, Women’s, and Children’s Apparel
1 Pallet containing 508 pieces
And a word of caution for those just getting started buying liquidation pallets: manifests should be used as a guide only! Back to my experience, quantities will vary even if specifically listed on the manifest.Very rarely do we ever see a manifest that is 100% accurate. Quick word of caution and a tip for all who are reviewing manifests trying to make a purchase: disregard disclosed all MSRP values on manifests because values declared are often inaccurate. When reviewing manifests for profitability, it’s best to look up each and every item for an accurate reflection of value. Once a realistic retail value has been assigned to all manifested items, the liquidation buyer can then perform a few calculations to ascertain whether or not the overall purchase will have profit potential.
Back to our pallet analysis – the pallet of Amazon clothing described above contains a large assortment of brands including, but not limited to: French Connection, Diesel, Lucky Brand, Wrangler, Fruit of the loom, Levis, Stephen Joseph, Lauren Madison, Fred Perry, Jules & Jim, Reebok, Three Dots, Roxy, Joes Jeans, Ali Ro, and others.
Did you read right? Yes, a few of the high end designer brands such as Diesel, Three Dots, and Ali Ro caught my attention, so I began searching online to see what these branded items might return once resold. Here is an example of a search I completed:
I loaded up the ASIN number, B0072BLPKY, on the amazon website directly taken from the manifest to get an accurate reflection of current item value. From there I performed a completed item search on eBay:
As I scanned through the rest of the manifest it became evident that, as stated before, the pallet has a broad mixture of brand names from both low to high end brands. If you take the total pallet cost of $4843 and add in an estimated pallet shipping cost of $200.00, we can then get the total landed cost of $5,043.00. We can then take this large number and divide by the number of pieces in the pallet to come up with a true cost per unit. Within this example review, the landed cost per item factors out to approximately $9.92 per unit ($5043 / 508).
Have you purchased Amazon.com liquidation returns before? Please comment below.
Are you ready to learn more about Liquidation sourcing?
Our 2020 Liquidators Guide chronicles 12 years of wholesale product sourcing experience and includes my personal black book of direct source contacts! As an industry expert, I'll share the success I've enjoyed along with the mistakes I've made buying and reselling liquidation merchandise.
If you are thinking about buying pallets of liquidation merchandise from a liquidator, broker, or direct from department stores, you need to check out The Liquidators Guide