As Christmas nears, the season for an abundance of customer returns is upon major retail outlets. For us, within the liquidation industry, pallets and truckloads will be abundant all the way through February 2015. Buyer’s remorse and gift disaffection will cause huge lines at Walmart, Target, Shopko, CVS, Macy’s and all other major department stores. Cha-Ching!
In my experience customer return loads after Christmas are heavy in holiday merchandise. This is not a bad thing, but be prepared to keep this merchandise until Christmas 2015. The good thing about customer return loads after Christmas is they are usually packed with items that are undamaged and retail ready. Think about it…most people are returning items because they were expecting, or hoping for, something different.
If you’ve been on the sidelines thinking about buying your first pallet or truckload of customer returns, this is a great time to jump right in. Be sure to take into consideration the type of merchandise your purchasing; you want to make sure to buy the right load based upon how you intend to resell.
What the heck am I talking about…OK, here we go:
Target, Shopko, Rite Aid, Kmart, and Walmart loads are great for discount stores, flea market vendors, and Craigslist sellers. Pallets from these stores will not work for eBay or Amazon.
Amazon.com, Costco, Groupon, Macy’s, Bloomingdales, Belk’s, Victoria’s Secret, Home Depot, and Lowes customer returns are great for eBay and Amazon sellers. Keep in mind, higher end brands sell best online. These loads will also work for Craigslist and Facebook sellers.
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