Pallet sales are sales of products packaged together on pallets sold at discounted prices. Products are often sold in bulk quantities. Buyers don’t know exactly what products they will receive. Benefits of pallet sales include discounted prices and ability to potentially resell products at a profit. Drawbacks include not knowing what you will receive and having to resell products to make a profit.
To start a pallet business, you need a reliable source of pallets. Get pallets from manufacturers, suppliers, companies discarding pallets, or collect from local businesses. Once you have pallets, market your business to potential customers.
Selling pallets creates additional revenue streams and has environmental benefits. Determining pallet value depends on size, condition, materials, and local supply and demand.
Brokers and Wholesalers
- Pallet brokers arrange buying and selling of pallets for commission without taking ownership.
- Wholesalers sell pallets in bulk quantities for resale.
Financial Considerations
Making and selling pallets requires little upfront capital. Pallets will always be needed. You can expect to make $0.50-$4 per pallet depending on size and condition.
Online pallet sales increased during the pandemic. Buying discounted pallets can profit if resold but does not guarantee profit. Knowing reputable sellers reflects product quality and company reputation. Reviews help assess seller reputation.
Buying Amazon returns pallets sets up potential to profit on resale. Liquidation companies are best sources for Amazon pallets.
Is it Worth It?
Liquidation pallets provide cost savings, often sold at a fraction of retail price. This enables resellers significant profit potential. Buying liquidation pallets accesses products quickly and easily, saving time and effort.
Sourcing from Reputable Liquidators
Reputable liquidators like Direct Liquidation ensure steady, quality supply from major retailers. Flipping liquidation pallets can yield 100-250% profit.
Considerations
Assess liquidation sales if you know what you want and will play the pricing game. Buying and reselling liquidation is worthwhile but focus on market research and storage.
Large retailers sell customer return pallets to liquidators. These online marketplaces make quality merchandise affordable.
Legal Requirements
Buying liquidation pallets needs registered business and required licenses. Decide on bidding or buying.
Reselling Amazon Inventory
Amazon liquidates excess and obsolete inventory. This lets businesses buy and resell to recover value.
Timelines
Choosing a reputable liquidator sources directly from retailers. Liquidation sales usually last from a few days to a few weeks.