Anyone bought Amazon Pallets of unwanted goods and re-sold items?

Frugalgal

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Hi,

Having seen on the news recently about the shocking amount of products and items that are going to land fill by Amazon after people have either returned the items or the seller has decided not to pay for return of stock, I am interested in knowing from people if anyone has ever bought a pallet of goods and what their experience was? It does seem like a brilliant business idea, to buy a bargain pallet of goods and then re-sell the goods or bag yourself a bargain. I see there are various websites where you are supposed to be able to purchase a mixed pallet from.
 
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Karonher

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I have not bought one but there are lots of videos on YouTube where people are opening them. Some things are decent but a lot of items are random and may not be that easy to sell on.
 
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homie

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Things are also returned for being faulty or broken so a percentage of the pallet will be damaged goods.
 
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Jon

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Take a look at Hollyvlogs on YouTube as she does a lot of opening returned pallet videos
 
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Chrislennon1

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Sounds good until you try to flog it. Always thought of doing this and once bought a small pallet of electrical items, 5 iPod dock and speakers. Sold them all for a small profit but the hassle wasn’t worth it for me. Some had remote controls some didn’t buyer’s complaining and one stopped working on them.

Also used Gemwholesale they seem to be the best. Hit and miss this game
 

Jon

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If you bought say 5-10 pallets would you not make money in the long run even if one or two of them was duff?
 

Maifax

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I bought 3 pallets of John Lewis returns last year during 1st lockdown from https://auctions.wgandco.com/auctions

Pallet 1 was filled with scatter cushions and some inflatable beds - I basically broke even from the cushions on this one. I had to bin the beds because most of them were faulty and postage was too high and packaging too much hassle. Maybe i could have sold them on FB Marketplace, but this was when no one was going out/to friends so would have taken ages to clear through.

Pallet 2 was small electricals - I made a £200 loss on that one. It was a lot of hair styling products, most of the items were broken or had things missing. I sold what I could but had to throw about half of it. I think there is money in these though if you can refurb/combine products or get lucky and everything is fine.

Pallet 3 was all shoes. I made around £250 profit on this one and still have a few pairs knocking around in the shed. I was surprised how used some of these shoes were for store returns. Interestingly the men's shoes achieved prices closer to retail than the ladies did.

All in it was a huge amount of work photographing, listing, packing and posting the products - all for about £50 profit. BUT - I priced to quickly sell (due to space constraints - my missus was going mental about the amount of shit I had around the house from this) so you could probably eek out more profit if you have the patience.

hope that helps someone.
 
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