Wholesale Buying and Selling: Make Money with Amazon Customer Returns
If you are planning to start a business reselling Amazon customer returns, you should consider sourcing your inventory from reputable online liquidation platforms like Direct Liquidation. One of the greatest advantages of buying from Direct Liquidation is that they have a partnership with Amazon, which allows you to buy Amazon liquidation stock at very low prices.
>>Free Registration – Buy Pallets of Liquidated Amazon Stock Now<<
What Are Customer Returns?
According to data from Statista, customer returns will reach $550 billion by 2020. These items are returned by customers to Amazon and other retailers for different reasons. Sometimes the merchandise has slight defects or cosmetic blemishes, damaged exterior packaging, signs of handling or sometimes the customer simply wants to return the product unused. Though some customer returns may be practically new, Amazon can no longer sell them as new. These products need to be disposed of as quickly as possible because their accumulation poses logistical and warehousing problems. Most large national retailers choose to liquidate these items with top-tier liquidation specialists like Direct Liquidation.
What Is An Online Liquidation Marketplace?
This is an online sales platform operated by a top-tier liquidation specialist like Direct Liquidation. These liquidators provide online vendor spaces where retailers like Amazon can dispose of customer returns quickly and at vastly reduced prices. They work directly with some of the largest retailing chains in the U.S. Direct Liquidation it works directly with Amazon as well as other retail giants.
Direct Liquidation, as a platform, does not meddle with customer returns and these products are listed and sold “as is”. But it has certain requirements and standards when it comes to the condition of the products sold through its platform. So, you can be sure you are buying quality items when you choose to buy from Direct Liquidation.
On our online sales platform, Direct Liquidation, you can find a wide range of Amazon returns in a variety of categories. Navigate through Amazon listings and you will find different sorts of wholesale items suitable for most types of reselling business. There are customer returns from categories such as bath and body, cycling and bicycles, pet supplies, light fixtures and gourmet grocery products. You can also find customer returns on our website that come direct from large manufacturers including Google, Samsung, LG, Black & Decker, HP, Microsoft, Bosch, Sony and Apple.
How to Buy From Direct Liquidation
To purchase wholesale Amazon customer returns from Direct Liquidation, you need to create a free account and register using a valid reseller’s license. Direct Liquidation requires a verified payment method and you will need to provide a valid credit card. Once your registration has been confirmed, you can start searching wholesale Amazon customer returns that you want to buy.
You can filter the results based on product quantity, bid price, product conditions and bidding time left. Before bidding, review the description of the wholesale customer returns in the auction listing and download the manifest to determine what your maximum bid will be. Direct Liquidation will notify you when you have lost or won the bidding. For your payment, Direct Liquidation accepts major credit cards and bank wires. For the delivery of the Amazon customer returns you purchase, you can either handle your own shipping or use the shipping options provided by Direct Liquidation.
Tips For Purchasing Amazon Customer Returns From Online Liquidators
- You should get a resale certificate, as this is required by law in most duristictions.
- You should inspect the pallet manifest.
- You should understand the grading specifics of the seller in order to get insights into the quality of the items in the pallet.
- You should consider the cost of shipping because it can vary depending on where you are.
- Could you pick up the pallets yourself to save on costs?
- You should also evaluate whether you can purchase larger volumes because buying truckloads will allow you to get lower unit prices compared to buying only wholesale pallets. This will further lower your total cost and increase your profitability on each item.
Setting up Your Business
The key to success in reselling Amazon customer returns is to offer your products in the right marketplace. You should choose carefully where you will sell your merchandise, whether it is online or in brick and mortar stores. Online selling is more convenient since there are several free listing web sites such as Craigslist, AtOncer and eBay.
If you are new to the online selling business, do not expect to recover your investments in just one big sale. That is not the way online selling works. You should only count your profit when you have sold a pallet or bulk items. You should also avoid thinking that offering the lowest price will automatically sell your products. Some people suspect that something is wrong with an item if they see a very low price. So, just keep your prices a little below your competition. You should also consider investing in some form of advertisements to promote your merchandise.
You may well do better selling locally, to your community. This will also keep your costs down.
There are different shipping options for online selling. These include the following:
- Self-fulfillment. This electronic commerce fulfillment option will allow you to save money but it will also give you full responsibility for the shipping process.
- Third-Party Fulfilment. With this option, you will buy the product and have it shipped to a third-party warehouse and they will be the one responsible for storage and shipping of the items.
- Direct selling and local delivery only. This is the cheapest option for you as a reseller, and one you should certainly consider. Will you only sell online? Can you delivery products locally yourself? Is it worth renting store space, or a market stall?
We have guides to help you decide on your business plan for reselling liquidated products.
Direct Liquidation is a goTRG company.
Henley currently works as a sales representative for Direct Liquidation, assisting businesses with product sourcing of liquidated merchandise from the largest retailers in the world. Whether you are looking for a pallet or a truckload Henley is here to help you grow your business.
View Henley’s Bio on YouTube.