Amazon Return Pallets, Pallet Retail is the leading online retailer with millions of daily product sales. Some items are returned for various reasons and these are sorted into pallets and sold to third-party buyers at a discounted price, known as Amazon return pallets.
Buying these pallets can be profitable but also challenging without proper knowledge. Our guide provides a comprehensive overview of the benefits, challenges, where to buy, what to look for, and tips for successful buying. Whether you’re a seasoned reseller or a beginner, this guide will help you make informed decisions.
Making online purchases is the new normal nowadays and sellers keep competing for a market share in every segment. Online platforms such as Pallet Retail is the best place to look for a product and more and more retailers open online stores on this platform.
What Does Amazon Do With Returns?
Amazon has been criticized for destroying millions of items, and now has the stated intention to work “toward a goal of zero product disposal.” There are now programs in place to allow sellers to resell customer returned items, or to allow them to be sent to the liquidation market.
Amazon third-party sellers told CNBC they end up throwing away about a third of their returned items.
Amazon now gives sellers four options (subject to a fee) for dealing with items that they can’t sell as new: Return to Seller, Disposal, Liquidation, and Fulfillment by Amazon Grade and Resell (at the moment by invitation only).
There is also liquidation, which Amazon now offers sellers as an option instead of disposal.
Amazon partners with liquidation marketplaces, which auction off unwanted inventory to resellers by the pallet or even truckload. Sellers can recover around 5% of the sale price if the product is liquidated.
With the ‘Return to Seller’ option, the return leaves the Amazon warehouse and gets back to the seller for their processing. For non-electronic items, you will find that many items are simply relisted if they have never been opened. If the items have been opened, what happens to them will depend on the seller (whether Amazon itself, or a 3rd party seller on Amazon), and the value of the item. If the resale value is worth the cost of repairing, cleaning, testing, or repackaging, many sellers will choose to do so, as long as the margins are there to make this worth their while.
Electronics are a different case. A large number of electronic items returned to Amazon are subject to an inspection, and then repaired if necessary. After this process, they are listed on Amazon Renewed. This is the place where customers can purchase Amazon returns that are guaranteed to be working as new while spending a lot less than they would when buying a brand-new item.
However, it is not that easy to be included in Amazon Renewed. Unlike new items, the strict rules set up by Amazon make it harder for third-party Amazon sellers to sell refurbished items through Amazon. Sellers are required to follow a list of stringent rules.
And what about the returned items that don’t get resold through Amazon? A portion of that merchandise is put in pallets and liquidated.
When sellers use ‘Fulfilled By Amazon’ (FBA), the categorization of customer returns is done by the Amazon fulfillment center. The merchandise is labeled as either sellable, damaged, customer damaged, defective, carrier damaged, or expired. If damage is incurred by the courier or Amazon staff the merchandise is transferred to Amazon ownership, and the seller is compensated. Amazon sells this type of returned merchandise by the truckload.
Why Buy Amazon Return Pallets?
Lower Cost
One of the most significant benefits of buying Amazon return pallets is the lower cost compared to buying new products.
If you’re looking to save money on inventory costs and are willing to take on the risk of potentially receiving items in less-than-perfect condition, buying Amazon return pallets can be a smart business decision.
Buying Amazon return pallets means you can source a lot more merchandise for the same cash outlay, compared to buying all new items wholesale. As with any business there are risks but you can make your money go further if you are willing to put in some work to improve the salability of the merchandise once you receive your inventory.
Variety of Products
Buying Amazon return pallets comes with the benefit of having a wide variety of products available. These pallets can contain a range of products, from electronics and household appliances to clothing and accessories. This variety allows buyers to select the pallets that best suit their need. In addition, the variety of products available in Amazon return pallets can also be an advantage for businesses that are looking to diversify their product offerings, since Amazon offers products in more than 25,000 sub-categories.
Sustainability
Buying Amazon return pallets is also a sustainable option. Rather than these items being thrown away, they are being given a second chance at finding a new home. This makes buying Amazon return pallets more environmentally sustainable.
Where to Look for Amazon Return Pallets?
The best way to buy Amazon return pallets is through liquidation companies. When searching for a merchandise source, you are advised to look for the most reputable seller. This is best reflected in customer experience. Therefore, you should look for the advice of other online resellers who have sourced their merchandise through those companies. The best way of getting this is by looking for online reviews, which tend to give a clear picture of a company’s services and product quality, which in turn reflects on a company’s reputation.
Pallet Retail is a highly reputable company that strives to and succeeds in keeping customers satisfied while forging and developing partnerships with major retailers. This means that at Pallet Retails online platform you will be able to buy not just Amazon returns, but merchandise sourced from other retail giants like Walmart, the largest retailer in the United States.