Buying Target Returns and Overstock Online
Having something to set you apart from your competition is essential when it comes to online resale business. Price and quality are the most important factors you can use to attract customers, together with great service. But if you look at the product prices on e-commerce platforms such as Amazon, most of the sellers offer them at near wholesale prices. It makes you wonder how it is possible to stay afloat in these conditions, let alone make a significant profit. Well, buying wholesale is not the only choice. To find an alternative, you have to know where to look, and if you do your homework well, you could land brand new items from retailers such as Target. So how do you do it?
How do You Search for Target Returns and Overstock?
There are several key elements necessary to search for an alternative to wholesale. First, you have to know what products you are looking for. Secondly, you have to look for a reputable source. Thirdly, you need to know the condition of the merchandise at the time of the purchase. So, if as well as great prices, you want to offer your customers great quality items, then buying Target merchandise is a good bet.
Buying from Target directly would therefore be the best option. But where can you buy Target merchandise at affordable prices these days? The answer is simple: Direct Liquidation. You may have already come across this name in searches and customer reviews. Direct Liquidation is a platform for retailers to liquidate merchandise- a gateway for top retailers such as Target to liquidate their returns and overstock.
Direct Liquidation combines all the factors you should look for when searching for a good-quality reputable source for your merchandise. It is a reputable company with top-tier partners, including but not limited to Target. So, now you would like to understand how this can help your business. Let’s dive into it a bit more.
How Do Liquidated Target Returns and Overstock Boost Your Business?
This is a natural question to ask after you hear the word liquidation. This is because liquidation companies and platforms have usually been associated with scrap, broken and used products. In reality, a large portion of such products is still being liquidated, which is the reason why the prices are rock-bottom, and there is a market for everything. However, this does not mean you can’t find quality items being liquidated. To explain how you can find quality items among the rest, we have to first understand a little more about the world of customer returns and overstock merchandise.
As a retailer, Target ships out loads of merchandise to its online customers, and sells loads of merchandise from its stores. With such an enormous volume of purchases, it is inevitable that some of these products get returned. Now, while some customers smartly use the return policies and sometimes return products simply because they have tried them and don’t want them anymore, a lot of times the products are returned for completely different reasons. All in all, around 30 percent of products ordered online get returned to the seller, and the reasons vary. For example, the shipping department may have made a mistake and dispatched an item of the wrong color or size; or else the buyer expected the product to look different in real life. Any reason like that can be the cause for a product to be returned.
Now, once these products return, no matter their condition, whether they have been opened, used for a short period of time or returned in original, unopened packaging, they can’t be sold as new again. This is the reason why Target and other retailers use liquidation platforms to sell on these products quickly at significantly reduced prices and recover some value from them. Due to the variety of reasons for items being returned, the quality of the merchandise can vary as well.
Overstock, on the other hand, are the products that have been ordered by the retailer but have not even been displayed in the stores as the ordered amount was in excess of the actual demand. These products are often left in the warehouse, so in order to clear the space, retailers choose to liquidate them. These will come at a higher price point than customer returns, but will also have a higher resale value as they are basically brand new.
By now it must be clear that these products will go a long way to help you offer your customers with the quality items they want. To make sure you are buying quality items, you should go over the manifest provided by the retailer showing you the type and the number of products. This is important as both overstock and customer returns are sold as is. So you should consult the manifest and make sure you know what is inside each pallet you plan on purchasing.
Pallets of customer returns do carry a risk of including some defective items like a broken laptop, but they could also contain one item that could recover your entire investment on the pallet. In addition, if you are a tech-savvy, you can use the parts from defective items to either sell or fix another item. There is a degree of risk associated with these pallets, but the rewards can often be significant. You might have to pay a bit more for overstock merchandise, as noted above, but it will also fetch more on resale.
And all this comes at prices below wholesale. So, if you plan on purchasing Target returns and overstock merchandise online, head over to Direct Liquidation and get your hands on some cool stuff that can boost your profit margin while enabling you to compete in any market, no matter how competitive it may be.
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.