Ever
wonder what happens to those not so desired birthday presents that get
returned to the store? Many stores offer a money back guarantee, as long
as the item being returned is still in one piece and hasn't been run
over by a lawn mower.
Once an item leaves the store, a retailer
can no longer technically sell it as new, especially when the original
packaging has been slightly damaged, or has bent corners, or is a little
smudged from Grandpa's spilled coffee.
Or it just could happen
that the retailer had problems in their warehouse and maybe the fork
lift driver knocked over a few pallets of merchandise.
These items
are commonly referred to as "Customer Returned", "Open Box", "Slightly
damaged", or "Semi-new" products, which other than maybe a few minor
bumps and bruises to the packaging or product housing, work 100% as the
brand new unit.
The difference is, they can be acquired at the
fraction of the cost of the new item, and even far less than the
original wholesale purchase price.
There are everything from
Beauty Supplies, to Consumer Electronics, to toys and common household
items. Everything from A to Z can be found at an incredible discount.
The catch is you cannot buy just one item, you have to take the whole
lot. If you are an online retailer who sells on eBay or Amazon, or you
have your own online store, then buying returned pallet items can be
very beneficial to your bottom line.
There are many companies that
dedicate to buying these pallets of "Customer Returned" or "Slightly
cosmetically damaged" products and then offering them for resale to the
public with huge discounts. When searching for such great deals, one
should look for "Pallets of returned customer items", "Liquidation
items", "Wholesale damaged packing items", "Opened Box", or "Restocked
merchandise". There are many sites that also will sell partial pallets,
and offer a minimum purchase amount starting as low as 50 dollars!
In
the online retail world, the competition is fierce, so any advantage
that one retailer can gain over another is certainly worth looking into,
especially if it means increasing sales, and profits and lowering
expenses!
The only drawbacks with buying in this fashion is there
may not always be a valid warranty so you should be sure to verify that
the items being purchased have a warranty that will be honored by the
manufacture. All one has to do is ask for some serial numbers of the
items from the pallet and then they can contact the manufacturer and
verify that a warranty still exists.
The purchase of such items
also is a no go back transaction, so its important to make sure that the
company who is offering the item has a decent reputation. Always Google
around, and check to see if there are any complaints about that
particular company. In general by paying a little attention to details,
an online retailer can find excellent deals and save a lot of money on
popular consumer products!
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