Where Can I Buy Pallets of Target Store Liquidations?
It is not unusual for people to look for a side job, something that will provide them with a new stream of income, but that won’t take away too much time. It is for this exact reason that many people turn to reselling merchandise on e-commerce platforms such as Amazon. It is a job that can keep going even when you are not online or attending to your online storefront. You list the items you sell, and the orders come in whenever they come in, and you ship things out as soon as you can, it doesn’t have to be the right instant the order is received.
But, you can’t just sell anything. You want your products to be affordable and of decent quality. This is because you want customers to return to you for the quality of service and because they know you are not selling them junk. One way to provide good service and merchandise is to buy and resell Target merchandise. But how do you get your hands on Target merchandise at a low enough price to make the resale viable? Looking at the prices of individual items on e-commerce websites, they are nearing wholesale, and paying retail price for products to resell them online makes no sense, so you have to buy at or even below wholesale.
You may have noticed that sometimes Target stores pull older products off the shelves and replace them with new items, new models or a new collection. For example, the items were seasonal, like clothes, and the store pulled the summer clothing line to replace it with the fall and winter collections. You know that there was nothing wrong with that merchandise as basically it was brand new, just sitting on the shelves but there was either no demand for it at the time, or it just didn’t sell in time before the turn of the seasons. So where does it go? Can you get your hands on that sort of merchandise?
The answer is yes; you can get your hands on that merchandise because it is getting liquidated. This means it is sold at significantly reduced prices, even below wholesale. This would make your business model quite profitable and allow you to execute your plan for providing affordable, quality items.
What is Liquidation?
Liquidation is, as we mentioned above, when an item gets pulled from the shelf, and the store needs to sell its fast because it has no space for it either in the store or in the warehouse. Retailers choose to liquidate the merchandise because this means they will recover at least some of the cash by selling these products and will also have space in their warehouse for new items.
Now, retailers will not only liquidate items that have been pulled off the shelves, which are known as closeout merchandise. Sometimes the store management might misjudge the actual demand for a product and excess pallets of an item simply sit in the warehouse without ever being displayed in the store. This type of merchandise is called overstock. But in both cases, the retailer will only lose money if they keep the merchandise around for any longer, and they only occupy space that can be used for something else, which is why they opt to liquidate merchandise.
But, if you go to buy these pallets or even truckloads of liquidated merchandise, you will find wholesale suppliers jumping at the chance to buy everything at once. If you are a small buyer, you don’t really have the capacity to compete. So where do you go from there, how do you buy pallets of Target store liquidated merchandise? Simple, you search for a liquidation platform selling Target merchandise.
Which Liquidation Platform Sells Target Store Liquidations?
For quality products and for the sake of your personal safety, you will always want to work with reputable sources and companies. While many might advertise that they sale Target-grade or Target-quality products, not many can actually deliver on that promise. However, one company can, Direct Liquidation. With years of experience in the business, and a reputation to be proud of, Direct Liquidation has partnered up with top-tier retailers and manufacturers in order to provide quality merchandise to its customers. While there is still merchandise that falls into the traditional liquidation bracket, the company has made deals with retailers that will provide quality of products to its customers, and the quality of service to the retailer. How does it work?
Direct Liquidation offers its reach and its online platform as a tool for retailers to liquidate their merchandise faster, in any quantity to millions of buyers all over the world. Target is one of those retailers that has opened a storefront on Direct Liquidation. This way, a wider customer base gets the chance to buy Target liquidations and the retailer gets to ship the merchandise out its door a lot faster as the online trade never stops.
That is a benefit for the retailers. But how does that help you execute your plan of supplying affordable quality to your customers? One thing you have to remember is that the traditional way of sourcing merchandise is to go through the wholesale supplier, or multiple wholesale suppliers. There is a downside to this that will eat into your profit margin once you try to resell the items. The wholesaler will cherry-pick the products and then add its mark-up on all the items. As a result, you won’t have much room to play on resale and the quality is reduced because the best items have been picked and are sold at retail prices.
So this is why retailers opt to liquidate their merchandise through such platforms as Direct Liquidation. They get rid of the middleman and keep the prices low, well below wholesale. And regarding quality, the liquidator will not cherry pick the items because they are sold ‘as is’ and shipped directly by the retailer. And just to remind, closeouts and overstock are basically brand new items so you don’t have to worry about the quality.
If you find an interesting pallet of customer returns, which are items that have been returned back to the retailer by its customers, you might want to check the manifest to see what is in the pallet, the quantity of the products and potentially the grade of the products. But if the reputation of Direct Liquidation is anything to go by, then even customer returns will provide you with a chance of making a significant profit.
While the risk of running into a few bad items that have been slightly used, damaged or broken in some cases, these come at a lower price point compared to closeouts and overstock. A couple of brand new items you may find in there could cover your whole investment in a pallet.
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.