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Loads are sold at a percentage of wholesale value and have historically been very profitable for retail stores and wholesalers due to these loads' wide variety of items and low prices per unit.
Great for Online Re-sellers, eBay and Flea Market Vendors.
Please note that these are Customer returns. (Approx.15 Items). Not separate items.
Your average cost per unit is $21.86
The brands may include a mixture of:Kuerig,Bella, Delonghi,Oster,Hamilton Beach,Cuizen, and More.
The items may include a mixture of: Coffee Makers, Juicers, Toaster Ovens, Blenders,Skillets, and More.
What are Customer Returns?
Customer Returns are typically items that have been purchased from a store (or online store) but then returned by a customer.
Stores have varying individual return policies as well as product liquidation policies which can affect the type & condition of products you may see in varying loads.
Wholesale customer return goods are typically not tested by anyone prior to making their way into a return load.
Many stores do not have separate programs for customer returns, and shelf-pulls (discontinued, end of season, overstocked goods) are commonly found in customer return loads.
Generally speaking, the recognized industry average when trying to estimate working percentages is said to be around 65-75% working, 20% repairable, and the remainder throwaway/scrap/parts, etc.
***In practice, no individual load or pallet will have that exact breakdown, but these percentages are fairly representative when describing the average expected condition of the goods when purchasing them regularly. Ultimately, this is a rough approximation and the actual working percentage on any given pallet or load can be much worse or better.
In general, purchasing wholesale liquidation goods (including customer returns) and reselling them for profit is a tried, tested and proven concept. However, before launching into a business venture involving liquidation merchandise, you should know that:
In order to maximize your success with this type of merchandise, you need to be prepared to process, test, check and research pricing on the goods prior to selling them.
In the long term (and over several purchases), most people in this industry agree that the payoffs and returns are generally profitable and that the long-term risk is generally minimal.
Liquidation goods and customer returns are normally priced accordingly, and allow you to profit handsomely while still offering your own customers excellent deals on items.
Customer Returns typically have the following characteristics and stores can decide to liquidate these goods for a number of reasons:
All customer return goods are always sold with no warranty or guarantee. Any warranties found with the goods are invalid and cannot legally be used.
Purchasing department store returns is not for everyone. This is not a ‘get rich quick’ scheme. The payoffs are high for those prepared to work hard and put effort in their purchases in order to create the highest possible return on investment. This is a ‘get-rich consistently with hard work & creativity scheme’.
If you are prepared to test, fix, clean, cannibalize, be creative in sales, open new sales channels in order to get the most revenue back when needed, then do purchase.
Please do not get this wrong – after all we do not want to discourage you. This is a profitable business for the large majority and the industry as a whole is approximately $100 billion in size.
Bottom line is: if you are prepared to put in a fair share of work and effort, then this could be very profitable for you.
If not, we do have new overstock items that are typically in better selling condition and require minimal work on your part. Please use the product filters on any product category page to see new overstock items in that category.