The wholesale liquidation industry usually runs a season behind meaning we’re able to purchase merchandise after a retail sale in the form of customer returns, or last season’s merchandise that didn’t sell. Make sense? This is why we can buy at such a deep discount.
Let me give you a good example; one of the sources found within our Liquidators Guide sends out an email blast with current product offerings. In the email I received today I found pallet loads of summer merchandise including wind chimes, water shoes, outdoor décor, water toys, etc.
In reviewing this particular offer today I thought mostly about the many discount stores across the country who could purchase this stock for their own in-store clearance event. Even though this merchandise primarily sells during the summer, people are inclined to continue purchasing past a season if the value is there. I know many people who buy after holiday decorations and out of season merchandise only to put it in storage for some time.
The loads offered today could be purchased at 14% of original wholesale pricing. Let’s take a look at how they were listed:
Each of the three loads above consists of 13 pallets with varying total piece counts. The offer also came with an excel spreadsheet showing individual product description and item count, otherwise known as a manifest.
If we do a little math, we can see that the first listing, pallet number 13, has a selling price of approximately .38 cents per unit before freight costs. This looks like a good load to purchase based upon review of the manifest.
Have you purchased pallets of shelf pull or returns from CVS? What is your experience with these loads? Are they clean and profitable?
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