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Did you know that you can buy cheap products to sell in your business in the USA or through your online store without having to spend more than you should? While there are plenty of options these days – from buying directly from China to dropshipping – there is a much easier way to achieve your goals. How to do it? Buying the pallets of merchandise from Walmart.
What is the Walmart pallet sale and how to join this movement? That is exactly what we are going to explain to you in this article. With luck – and with the right budget – you can make money in the United States.
Table of Content
- What is the Walmart pallet sale?
- Advantages of Buying Pallets of Merchandise from Walmart
- Where to find Walmart pallet sales?
- How to buy Walmart merchandise pallets with Direct Liquidation?
What is the Walmart pallet sale?
While national suppliers and clearance seasons are great ways to source high-quality products at a low cost, you also have the option of accessing Walmart’s pallet sales.
Pallets of merchandise are nothing more than the retailer’s merchandise that has been placed on sale because
- the customer has returned it or
- it is refurbished.
This does not necessarily have to be a bad thing and more if you have the support of one of the largest and most respected companies in the country: Walmart.
Note: It is important that you know that Walmart pallets are not marketed directly by the retailer, but by an external company. However, it is said that you have the support of Walmart because its team has previously selected each product that is on sale. This will allow you to reduce risk and also raise the quality of the items you plan to resell.
Advantages of buying pallets of merchandise from Walmart
One of the merchants’ concerns is access to high-quality products. Although the online market gives us the opportunity to buy cheap items, it is difficult to know how durable or effective they are.
This concern can be eliminated with Walmart, as the retail company cares about creating a catalog that meets the high standards of its clientele. But let’s see what other advantages you can find in the sale of Walmart pallets:
- Clearance product prices leave the merchant with a good profit margin.
- Shipping, packaging, and transportation costs are kept to a minimum (since the store is within the United States).
- You will not have to worry about requesting and paying nationalization taxes.
- You could use the products to market them on Amazon or perhaps Rakuten.
High quality products at a great price
If you buy Walmart clearance merchandise you will be sure to buy high quality products; this because of the reputation that precedes the retailer. If you add this kind of support to that of a great liquidation company, you can shield yourself twice!
Why do we say this? Because you can be sure that the merchandise purchased in the lot meets a high quality standard. Remember that each product for sale is thoroughly reviewed to assure the customer of its veracity, authenticity, durability and functionality.
In addition, all the details of the batch will be included in a manifest that, in the case of packaged products, will also have an additional 90-day guarantee.
Tip: If you want to be successful in your business, use a merchandise management program. This will help you keep everything under control.
Access to seasonal products
Another advantage of buying pallets from Walmart that we haven’t talked about yet is having access to a constant supply of certain seasonal products, such as clothing, toys, books and electronic equipment. With this option, you can buy seasonal products -and out of season- at movie prices.
Conclusion? You no longer have to worry about whether your supplier can meet your demand when you need it. You will always have merchandise to sell!
Returned products are an opportunity for your business
Why do we say it? Because this type of merchandise is usually the cheapest. The reason is simple: even if the equipment or item has not been used, a company as large as Walmart will never see it as new and, therefore, will not include it in its catalog.
Most returns occur because the customer realizes that he has made a mistake (he bought a product he did not want by mistake) or that, looking closely, it is not what he was looking for.
You will have professional advice
Liquidation companies, such as Direct Liquidation, have a team of advisors who will help you find the merchandise you need for your business. To be able to enjoy it, send a message through the platform’s online messaging service, schedule a phone meeting or call directly at 1-888-883-2767.
You can make your taxes much easier
Why? Because you eliminate imports, international transport, among others. You can even use software to prepare your business taxes.
Where to find Walmart pallet sales?
The first step in buying pallets of Walmart merchandise is finding a closeout company. The trick here is to not go with the first store that claims to sell the famous retailer’s returned or refurbished products. In fact, here’s a piece of advice: never buy items without verifying the source. Your main goal at this point should be to buy from reputable adjusters.
One of the creditors in good standing in the Walmart pallet sale is Direct Liquidation. We leave you the link so you can examine it in depth. But what is Direct Liquidation? Basically, it’s an online platform that allows you to access Walmart merchandise pallets securely.
For its part, Alibaba Group is not far behind. AliExpress is one of the commercial platforms of one of the largest companies in the world, whose main headquarters are in China.
Alibaba has also created other virtual companies that allow millions of people around the world to connect to trade online. In this sense, importing and exporting companies can offer their products to a growing market of retailers that require fast shipments.
Although this is an international site, they also have wholesale distribution sites. In this sense, you can request products for fixed prices, with the difference that you will get much lower prices depending on the quantity you request.
This is a company that is part of Optoro Properties, a merchandise company for a large number of retailers and manufacturers. BLUQ.com is in charge of classifying the inventories in lots to resell them again.
This market offers items that have been returned for not being pre-inspected, such as those that have scratches, dents, or have been salvaged for sale. The best thing is that you can get fixed prices!
Plus, once you’ve signed up, you’ll be able to get pallet loads or a small box of produce. Keep in mind that this platform only ships to addresses registered in the United States, since the company handles the shipping – unless you order a full truckload.
NOTE: BULQ.com will require a resale certificate in order to purchase.
Like the previous ones, DollarDays is an online distributor of wholesale products that directs its efforts to benefit entrepreneurs and small businesses.
Although they usually have very good products and allow the purchase of individual boxes and packages -unlike other distributors-, this company usually has prices equivalent to or lower than the wholesale rates. In addition, registration is free and they offer different types of memberships with extra discounts.
To be able to buy, you just have to go to their official website and see the prices they offer. Unfortunately, the amounts are not negotiable, but you can always decide not to buy a product.
The TopTenWholeSale search engine will allow you to connect with a large number of suppliers and products worldwide, which you can offer to your clientele. Note that this is not always a good thing, as in some cases you won’t know how accurate the product descriptions are or how trustworthy the seller is.
Wholesale prices from this company are usually fixed and not available to standard consumers. Also, you should take into account that the availability of products that you can buy tends to change constantly, so you should take a look before finalizing the transaction.
It is common for wholesalers to buy large lots and sell them in bulk. However, when these batches do not sell out, the products are usually separated and redistributed to create smaller batches that can sell at higher prices among retailers.
This is a subsidiary company that is part of the FedEx Supply Chain. This marketplace offers a large number of bulk lots of different types of products, among which you can find:
- refurbished products
- Other merchandise liquidated
This entire market caters to liquidators, retailers, flea dealers, eBay sellers, and many other types of entrepreneurs. Thanks to the large number of categories they offer to find consumer goods, you can get lots of electronics, clothing, office supplies, sporting goods and many others.
It’s important to remember that Genco’s Market offers almost no products in new condition, so you should check the inventory thoroughly before making a final purchase.
On this platform, you will be able to buy and get consigned merchandise that has been returned by large and small sellers through an auction system.
In many cases, the product is located in one of the warehouses where Liquidation.com maintains its inventory. However, it is possible that some products may come from individual sellers, so be careful and read the fine print before buying.
The good thing about this website is that you do not need to have a resale certificate or a tax identification number, such as an ITIN number or SSN. However, the units may vary depending on the auction you are applying to, and in some cases may be as small as a single unit.
In this market, the sellers are mostly anonymous and you will not have contact with this person, so you will not have a direct relationship. In this sense, you should be careful of the purchase you make because you may have problems in some specific auctions.
This website is made up of a series of auction markets where online liquidations are traded for large retailers and manufacturers, such as the following:
- Home Depot
- Nordstrom Rack
In these markets, retailers put a large number of their products up for auction, explaining what condition they are in, such as new or refurbished.
Unlike the other sites, B-Stock does not deal with the merchandise, but rather makes a connection between the retailer and the seller directly. In this way, the buyer has a direct relationship with the auctioning company and there is a better user experience.
On the other hand, since it is an auction, as a buyer you can decide the amounts you are willing to pay for the products and know the value that other merchants place on the item.
NOTE: In order to trade at B-Stock, you must have a valid resale certificate in the USA.
How to buy pallets of Walmart merchandise with Direct Liquidation?
As we showed you above, companies liquidate inventories of returned merchandise in different ways. To learn how to profit from reselling products, the first thing you need to know is how to buy pallets of merchandise from these companies. For that reason, here is a guide.
Be sure to sign up on the different platforms shown above. Also, try to enter the clearance marketplaces of Walmart, Target and other companies.
Since 2007, Walmart’s e-commerce division has operated its own liquidation website in order to facilitate direct purchases from American companies with registered addresses.
This site offers lots of different sizes with pallets on sale for auction. Inventory is located in a large number of distribution centers throughout the country. There are enough warehouses, so it doesn’t matter where you are specifically.
How to bid in pallet auctions?
Making offers is very simple. The key is to carefully read the characteristics of the batches and do a thorough product research. You must review the details that are exposed in each liquidation lot and know in depth what is included.
In this world, nothing can be assumed about inventories. Remember that these are customer returned items, so you can’t expect new items.
Once you’ve fully understood what you’ll be buying, check eBay and Amazon for selling prices and how many units are selling each week. When you have all this information, you will be armored to decide how much money you would be willing to pay for the specific lot.
And don’t forget! You must include in your cost structure the price of shipments. Once you know the potential selling price of all your inventory, you can make a decision to bid and know how much space you will have for a healthy profit.
NOTE: Keep in mind that you won’t win every auction, but hopefully you’ll be able to win enough to maintain a successful business.
In order to start buying pallets of merchandise from Walmart or any other retail company, you must follow the steps that we show you below :
- Go to the website of the settlement site where you will make your purchase.
- Open an account on the website.
- In the menu of the different pages, find the multiple product categories so you can choose the one that aligns with the products you want to sell. If they are out of stock, you must place an email alert so that they notify you when they re-place pallets of the product.
- When you find a pallet with products, you must indicate the limit of what you can pay and enter your offer up to this amount.
- Track your bids and check if you were successful.
- When your offer is approved, pick up your pallet at the distribution center closest to you or have it shipped to a trusted site.
If you want to be successful in buying lollipops, it is recommended that you do not pin all your hopes on a single purchase, after all, there is no guarantee that you will win it. Make different offers for various products and check the ones that suit you best.
If you are concerned that the payment amount is too high, you can always decline the offer and the company will sell it to the next. In this way, you will be able to acquire the products with the healthiest margins.
Where to sell pallets of merchandise?
There is a wide variety of ways and strategies to get out of units. Some people prefer to sell it on their own, using digital tools like social media or a Shopify website. And although this probably guarantees higher profits, we cannot ignore that it is one of the most labor-intensive ways.
An easier option is to apply to e-commerce websites, such as eBay or Amazon, where there are already a large number of customers who are constantly searching for products. However, this is not the dream solution either, as there is a high level of competition on these platforms.
If you get products with healthier profit margins, you can opt for a mixed strategy, where you sell on e-commerce platforms and guarantee part of your profits to influencers. In this sense, the product will receive enough attention to be able to move more quickly.
Please note that the above options are simply recommendations. There are thousands of strategies to sell online. The important thing is that it is effective.
What do I do if I don’t have enough space to store the lot?
If this is your main concern, you need to find a way to get it. You can place a part of the inventory in your house, you can place it in your garage or ask some friends to open a space for you.
In case you can’t get it for free, there is always the possibility of renting a storage unit for a couple of months, while you see how successful you are with the product. Later, you can start renting a larger storage space and grow little by little.
How do you know where to buy pallets of merchandise and who to trust?
Although Walmart is a reliable company, there are other companies that are responsible for selling products on clearance. It’s not bad to buy from other sites, but this world is extremely competitive, so it is important to know who to buy from and the terms under which the transaction will take place.
If you are going to buy from another company, you need to make sure that all the rules are clear and that they will sell you the product at the correct price. You will not have this problem with Walmart, since this company needs to empty its warehouses to make room for new products.
However, good companies tend to have fair and transparent business practices in any dealings. If you go with another liquidator, they should:
- Let you see the merchandise
- Verify the sources from which they obtained the products
- Have return and warranty policies
These are just some of the recommendations. Try to think of all the aspects to check before making any transaction. In this way, you can avoid making business decisions that you will regret later.