How Do I Buy Pallets of Target Customer Returns?
Last Updated: August 3rd, 2021: Updated facts and statistics, added section ‘The Benefits Of Buying Customer Returns From Target’.
You are very keen on buying and selling liquidated merchandise or customer returned products, but you struggle to match the demand for quality with the items you are able to source. Wherever you look, the merchandise liquidated is either low quality or the seller is not really getting the reviews that a reputable company should. So who do you turn to?
You start looking at brands and potentially retailers who do have a reputation for good quality and service. One of these retailers is Target, so you realize it would be great if you could get your hands on some Target merchandise for pennies on the dollar. Well, the thing is, you can, since Target also liquidates its customer returned merchandise. To guide you through the process of buying and selling Target customer returns, here is a short rundown of what that merchandise is, where to buy and what advantage does it give you over other sources.
What Is Target Customer Returned Merchandise?
Source: Statista, 2020.
Like any large retailer, Target’s goal is to keep their customers happy. However, it is not unusual for certain products to be sent back by the buyers, especially if the purchase has been made online. There are various reasons for merchandise to be dispatched back to the retailer. The shipping department could have shipped the wrong size of the product, or the wrong color, or the product might have been damaged during transport and the buyer simply put the packaging back in the mail to the address of the retailer.
But these are not the only reasons, as it can even happen that a customer tries out a product for a certain period of time and returns it within the return period, simply because they can. But the main point of this is that these products can be brand new, unopened, slightly damaged or slightly used, that is, their condition is on the upper end of the quality chart. Now you may ask: where could you buy a pallet of customer returned products from the likes of Target?
Source: Statista, 2020.
The Benefits Of Buying Customer Returns From Target
- Customer returns are the most affordable kind of wholesale merchandise you can buy.
- Sourcing Target customer returns give you the peace of mind of knowing you are sourcing genuine articles from one of the biggest retailers in the country.
- Customer returns come in different conditions. This allows you to cater for customers on different budgets.
- As a household name, Target sells merchandise from the top brands available, meaning your returned merchandise will also be from the top brands.
Almost a third of all products ordered online are returned by customers. As almost 20% of Target sales now take place online, this represents a substantial number of returned products. Although the figures for stores are lower, at 6.8%, the huge number of Target stores throughout the country means that Target needs to deal with huge numbers of customer returns.
These are the top reasons customers return items to online retailers:
- 20% because products were damaged.
- 22% because products were not as described, or looked different from what customers saw on the retailer’s website.
- 23% because the wrong product was sent.
- 35% ofor other reasons like customers changing their minds.
This means that a majority of online returns to Target are of products without any damage.
Where to Buy Target Customer Returns?
Once the returns are received, they are packed up in pallets and are liquidated. In order to expedite the process of clearing the returned merchandise from its storage, Target, the second-largest retailer in the United States, has partnered up with a reputable liquidation platform, Direct Liquidation. At Direct Liquidation’s online marketplace, businesses like yours can buy Target liquidation merchandise at prices well below wholesale.
Source: Query Sprout, 2021.
To Buy Pallets of Target Customer Returns, simply visit the company’s Vendor page on Direct Liquidation and browse for the right pallet. As part of the process, you may use the help of dedicated and trained account managers who will help you in your quest for the best products. This is in addition to the all information available online. The staff can help you find the right products, point you to the right shipping options, arrange for a delivery schedule if you would like to be delivered certain products when available or on certain dates, and a lot more. This is all a testament to the quality of this partnership. And it is not only pallets of Target customer returns that you can buy from Direct Liquidation, you can also look for truckloads of merchandise.
Now that you know where to buy Target customer returns, you might ask why would you choose this option, and what is the advantage?
Advantages of Buying Target Customer Returns from Direct Liquidation
There are several advantages to this and we will try to focus on the most important ones while attempting to paint the complete picture. Direct Liquidation is a top tier company in its own right and the partnership with Target only means that the quality of products you will have on offer is higher than you would be able to find elsewhere.
Source: Query Sprout, 2021.
Direct Liquidation is known for setting a high-quality standard and this is the reason why it only signs such exclusive partnership deals with top retailers or manufacturers. Not only that, in case the products are refurbished by the two partners, you will certainly get a hefty warranty with the product.
Now, you might have heard that often a lot of scrap and broken products are sold through liquidation platforms, and that would be true, as it is the nature of the business. However, Direct Liquidation gives you access to all the information about the merchandise through its manifests, lists showing what type of merchandise is contained in a pallet as well as its quantity. You will come across unsorted customer returns, which some might consider a risk, but, these types of pallets can be highly rewarding as none of the products has been cherry-picked before going on sale. This means that you could score a few products in one pallet that would make you recover your whole investment.
Source: Statista, 2020.
Speaking of investment, liquidation merchandise, in general, is attractive as it is often priced well below wholesale. This gives you an advantage over other market participants as you have more room to play with and still make a profit on resale while having a competitive price. Unsorted customer returns are often priced at the lower end of the scale, meaning the risk you take by investing in merchandise that you buy on “as is” terms is not as high as the reward can be if you score a few brand new, unopened products in the pallet.
In the end, the manifests we mentioned provide you the complete list of products contained in a pallet so you know what you are buying and you can predict the price a brand new, used/damaged, or broken product would fetch on resale. This means you can keep your spending in check and always stay on top of the situation by buying Target customer returns from Direct Liquidation.
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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.