According to Loss prevention media, an average of 16.6% of all US retail sales reached a record high of $4.583 trillion in 2021 of returned products. In these cases, Amazon sends those products to individual warehouse spaces or third-party sellers where they are resold.
What Are Amazon Return Pallets?
Amazon return pallets are most often returned items that Amazon has already collected. Amazon sells return pallets with discounts ranging from 5% to 50%, depending on the weight and condition of the pallet. Amazon returns pallets are a great way to get your hands on products in demand but unavailable in your area. The price discount is because some of these items have minor damage, have been opened by customers, or are missing certain parts.
Where Can You Purchase Amazon Return Pallets?
Amazon Return Pallets are most often found in bulk on websites such as Amazon warehouse. In contrast with other websites, it has a browse and "buy now option" on the website, which is a good sign.
Bstock.com
In one of Amazon's main liquidation shops, on their portal, you can find individual items, pallets, and even trucks full of returned goods. Enter an auction and submit a bid if you want to purchase many items simultaneously.
Craiglist.com
Craigslist is also a good place to find Amazon return pallets for sale. It's an online classified site where people can find items that are no longer wanted, sold, or in need of repair. The community is very active, and there is a large number of listings posted every day.
eBay
eBay is often considered the best place for Amazon return pallets. People can buy and sell used items from all over the USA on eBay directly from their website.
The products on the pallets can range from toys and games to electronic equipment and beauty products.
How Much Do Amazon Return Pallets Cost?
Depending on the brand, what condition the items are in, and where they're being shipped, Amazon return pallets can cost between $100 and $2000 per pallet. If you're new to buying these return pallets, a good rule is never to buy a pallet that costs more than it does now.
Amazon Return Pallets often include items like iPhones, laptops, and iPads. Some pallets come with items that fall into the tech category, while others come with more kid-friendly items. Depending on what you are looking to find, you can find pallets that are more professional or more cost-effective. If you're looking to buy pallets to resell, you'll want to look at pallets with a value of more than $2,500.
Is Buying Amazon Return Pallets Worth It?
Yes, it is! You can make money by reselling the products returned to Amazon. The return pallets come from Amazon's warehouses or third-party sellers. It's a good way to get your hands on products in demand but unavailable for purchase in your area.
Advantages of Buying Amazon Return Pallets
1. You can make money by reselling the products that have been returned to Amazon. The return pallets come from Amazon's warehouses or third-party sellers.
2. If you want to create a new business and increase your profits, then this is the way to go.
3. The product you will be receiving is in great condition and will not be damaged when shipped directly from Amazon.
Demerits
Some online liquidation companies won't give details on the condition of goods on pallets on Amazon. With this business model, gaining economies of scale is restricted. There is a chance of regularly receiving secondhand products that are difficult to sell.
How to Buy Amazon Return Pallets
It would be best if you searched websites that sell Amazon return pallets in large bulk quantities. Some companies offer returns from smaller sellers, but the quantity of products is much less.
Things To Consider When Buying Amazon Pallets
1. Make sure the pallets you want to buy are in great condition and do not have any damage.
2. Consider how much you will pay for the average return pallet as compared to how much it would cost new and when it expires.
3. Search websites like eBay to compare the prices of Amazon return pallets with other items sold on eBay.
4. Don't buy in bulk if you're not sure for the first time.
5. Compare different liquidation sites by reading their reviews before buying a pallet.
Conclusion
As mentioned above, buying Amazon Return Pallets isn't always a bad idea. If you are looking for an easy way to get your hands on products that are in high demand, buying return pallets from Amazon may be the best choice for you. Also, the prices can be good if you're looking to sell them in bulk. Just know that the products are still new and unused but may come with minor damage or scratches.