Wholesale Return Pallets: Are They A Good Deal?
Have you ever wondered where those wholesale companies get their wares to sell? Their stores seem to be stocked with some great items that can be found at regular department stores but at much cheaper prices. So you begin to wonder. This short article will give you the heads up on these wholesale return pallets and let you know if they are a good deal.
What Are They:
The simple answer is wholesale return pallets are those wood pallets and heavy plastic bases you see at different retailers when they are stocking their shelves. Instead of holding merchandise to place on the retail shelves, they hold returned goods, damaged items and close- out merchandise that no longer is being sold by the store.
Major retailers such as Macy's, Kmart, Sears, Costco, Walmart, and others, sell out their unsold and store merchandise by the pallet to wholesalers and retailers.
How It Works:
Again this is not rocket science so the system is quite simple. The merchandise that is damaged, returned or will not be sold anymore is put in the back and the store contacts different wholesalers. These buyers come in and purchase these unwanted goods, load them onto pallets and then take them back to their stores and resell them to you or some other liquidator at a very discounted cost.
Retailers usually have a list of different companies that they regularly do business with so disposing of their unwanted merchandise is not a problem for them
There Is A Problem:
Not all wholesale return pallet companies are honest and often some will sneak in a lot of broken or unsalable items onto a pallet and then sell the goods their regular price. This means that you are paying regular price for items you cannot sale thus you lose money.
The way to solve this problem is to do a little investigation to see which companies have the best reputation, how long they have been in business, customer and retail endorsements and so on.
Who Are These Wholesale Companies:
We cannot list everyone since they operate just about anywhere a large retail store has an outlet. They are in every state and major cities d can be found through contacting the retailer directly or yellow pages or even the Better Business Bureau.
But we can give you a few names to get you started and help you get an idea of the type of company you are looking for. These few names are: Genco, TDW Closeouts, Via Trading and Bargain Report
We can also give you a few website addresses and hopefully some of them are in your area. These include but are not limited to:
All of these companies will help you get your hands on a pallet or two of merchandise. If you are thinking of changing careers and want to start an online retail business then discovering the treasures that can be found in wholesale return pallets will help get your business off to a good start.
Always do your due diligence before placing an order from any company.
I would recommend when possible that you visit their wholesale warehouse prior to placing an order. Customers have traveled from all over the world to visit my closeout warehouse in New York.
Cutting costs is what businesses like to do and if you can get your product extra cheap then you will be ahead of the game. Check out these companies and give your business the helping hand it needs.