Walmart returns are a great place for businesses in search of bargain inventory for eBay, flea markets, small retail stores or even large clearance chains to start. In the current economic environment, consumers are looking for ways to save money, and offering high-quality Walmart returns is a great way to serve that need.
The only way for most businesses to buy returns directly from Walmart is via their official liquidation marketplace. In this marketplace, Walmart lists and sells varying size lots of raw, unsorted returns of general merchandise and electronics. You will find lots ranging in size from a single pallet to a full truckload. The lots sell for prices ranging from $1,000 to $50,000. However, auction prices depend on the inventory. Auctions tend to start at $100 and sell to the highest bidder.
There are two great things about buying returns from Walmart this way: first, everything is auctioned starting at $1 and sells to the highest bidder. This means the winner of every lot has named their own price! Second, you are truly buying directly from Walmart. This means there are no middlemen trying to make a profit by either marking up the prices or cherry-picking the best items out of each lot. You simply get the unsorted returns just as they come in and get palletized by Walmart. In addition, you get a full manifest of every item in the lot. The manifest will include the reason for return on every item brought back to Walmart.
How to Buy Walmart Returns Common items sold on Walmart Liquidation Auctions include TVs, electronics, furniture, bikes, appliances, apparel, and more. Almost anything found at a Walmart may be available in bulk on their auction site! When you get to the auction site, you can find lots up for bid that range from a pallet, LTL (less-than-truckload) up to a full truckload of merchandise.
To buy inventory from Walmart’s official online liquidation marketplace, you will need a registered business and a resale certificate. This allows yo..
Facebook Marketplace, the big kahuna, is a huge marketplace for reselling. With 2.8 billion active Facebook users, you can only imagine the power their marketplace holds. We cover the basics of using this platform, as well as pros and cons so you can decide how you will leverage Facebook Marketplace for your resale business.
The Basics of Facebook Marketplace You can just as easily find cars and gardening equipment for sale as you can find the latest iPhone, Nintendo Switch, drone model, or KitchenAid Mixer. Yes, it’s that diverse. This marketplace can be an asset for your resale business and works for just about any category. Even for those online reselling businesses, you can find quick inventory options on your local Facebook Marketplace and then resell that literally anywhere else.
Another popular option to resell online is listing items on Facebook Marketplace. Think of this like having a yard sale on social media so all of your friends and others in the area are able to see your goods. This is good for those living in cities or populated towns. A few notable perks of Facebook Marketplace is: The process is straightforward and easy to navigate. Plus, it’s totally free to resell your items and the promotion is already built-in. However, do consider the following when posting on Facebook Marketplace: The site is run by volunteers so help isn’t always reliable. And buyers don’t necessarily want to pay full price for a listing so haggling is normal on this site.
Facebook Marketplace + Your Resale Business There are many ways you can utilize Facebook Marketplace for your resale business. Here are just a few highlights:
Buy and sell pallets of goods Inventory sourcing is a big part of running your business. As a seller, you want to make sure you have a steady supply of inventory to list and sell. You might find some hidden treasures on Facebook Marketplace that you can easily flip or resell yourself. If you’re in the home goods category, this is extremely common ..
Not too long ago, the sale of secondhand goods was driven primarily by value: shoppers looking to avoid breaking the bank on big-ticket items or clothes the kids will just grow out of. Recently, however, something new has begun to drive massive growth in the used goods sector — consumers who are shopping based on their values, in addition to searching for value.
Both socially conscious shopping and the resale sector already were on the rise before COVID, but the pandemic gave a boost to both. In a recent survey from Coresight, 29% of respondents said environmental sustainability was more of a factor in their shopping choices now than before the pandemic.
Read the full Retail TouchPoints article here>>
The post How the Rise of the Conscious Consumer is Fueling Resale’s Rapid Growth appeared first on B-Stock Solutions.
Reselling is easier to break into than ever before. With a category as robust as apparel, you can choose to resell just accessories, handbags, footwear, kid’s, men’s, or women’s clothing– or all of them! Not to mention the variety in name-brand and luxury fashion you can choose from. So with so many inventory options to resell, where do you go to resell clothes online?
You have several great platforms to choose from. For the purpose of this blog, we’re jumping right into two of the biggest apparel reselling platforms today: Mercari and Poshmark.
Why Resell Clothes Online? Retail customer returns are mounting. Tens of billions of dollars worth of inventory get returned each year, most of which can’t go back on store shelves. So what happens to these customer returns of clothing, shoes, and accessories? They get liquidated. These goods will get bundled together and auctioned off as customer return pallets on their official online marketplaces.
If you’re a registered resale business, you can buy a few parcels on sites like B-Stock Supply, or even pallets and truckloads of this merchandise on B-Stock Auctions, all deeply discounted! The better the condition of the item, the more you can sell it for. For example, new without tags will sell for slightly less than new with tags, while an item in its original packaging will fetch a higher price. You want to be sure you can still turn a profit when you break the bulk lots into individual items, so bid on those online auction lots carefully.
Once you’ve acquired liquidation inventory, you can easily list this merchandise on sites like Mercari and Poshmark for resale! Remember, you’re buying these bulk lots at pennies on the dollar, so making your money back isn’t a matter of if but when.
Reselling clothes online is profitable, easy to get started, and is always backed by consumer demand.
Mercari Basics Whether you want to declutter your home or get rid of last season’s fashion, Mercari’s C2C (customer to customer) marke..
You have a warehouse full of bulk apparel to unload and aren’t sure how to go about it. Whether it’s last season’s fashions, returned merchandise, or colors and sizes that just don’t move, you need it out fast — and for the best return possible.
Sure, you could throw these items in a clearance bin and hope they move, but that could devalue your brand and will likely take a long time to resolve. You could just dump the clothing, resigning it to a landfill somewhere, but that’s not good for the environment and doesn’t give you any return on your investment. What’s a retailer to do?
Time to Liquidate Your Bulk Apparel Online liquidation auctions are the perfect answer to this conundrum. It’s an efficient way to unload excess bulk apparel inventory into the secondary market. You upload a manifest, set a starting bid, and let buyers compete for your unsellable inventory.
One of the best things about this process is that rather than unloading one item at a time, you can clear out vast quantities of bulk apparel inventory all at once. When you sell by pallet or truckload, you’ll move a lot of unwanted merchandise quickly.
Small businesses are just waiting to get their hands on your excess inventory, which they’ll then turn around and sell on the secondary market. And the competitive nature of the auction format ensures that you’ll get the best possible price for your excess goods. It’s truly a win-win solution: you recoup some of the costs of this dead stock inventory, keep your brand out of landfills, and buyers get a good deal on bulk goods they can then resell online or in their own stores.
B-Stock: Your Trusted Partner This liquidation process sounds simple, right? With the right partner, it can be.
The truth is, the liquidations market can be just as complex as your primary market. The best way to navigate this new marketplace is to team up with a company that knows it well. Let B-Stock be your trusted partner in the liquidation process.
B-Stock has been in the o..
We all have those lightly used items or those that we swore we were saving for “that one special occasion,” well Danielle Freedman turned that into an opportunity. Danielle has been a B-Stock reseller for two and a half years now. On top of that, she works full-time for her family’s medical practice. Danielle’s introduction to the reselling world started small—by trying to get rid of her own stuff. After her new baby, she decided to put up some of the more expensive items on local sites.
Small beginnings in January 2020 turn into a registered business. Today, Danielle specializes in reselling luxury handbags. Her small business has evolved into a part-time job that pays for both her children’s private school. Fortunately, private school has allowed her not to have to homeschool during the pandemic. Danielle can proudly say, “I didn’t ask for help from anybody but I was able to use that money [from reselling] and make it happen. Me, myself, and I.”
We chatted with Danielle to hear more about her resale business, Joys of Shopping Smart. Kicking off our Reseller Community Spotlight: Meet Danielle!
Q: What is your favorite part of this business? I get to shop for fun and actually buy stuff. It’s a lot of fun to be able to go and do some research and see what is selling. The joy of the find—when you find something you know someone else will buy and you’ll make money on it. It’s a little bit of an adrenaline rush!
Q: What is your least favorite part of this business? Keeping track of the inventory—organization. Keeping track of what you paid for items and what you’ve sold them for. And also, finding storage space because it’s run out of my house. It’s always a challenge figuring out how to reorganize.
Q: What has been the strangest thing you received/unboxed? One time I bought a lot of purses and when I opened up one of the purses, I found a bag of old movie tickets and some questionable paraphernalia in it. We’ll leave it at that.
Q: How has B-Stock helped you/ you..
Home and garden is a huge category to get into if you’re starting your reselling journey or looking to branch out. There’s been a big demand for home and garden by DIY-enthusiasts or those simply looking to make upgrades around the house. A great way to get quality home & garden inventory to resell is by sourcing through B-Stock. Liquidated home & garden inventory is deeply discounted and in-demand all year. Of course, you’re likely to see big spikes with summer and winter seasons, but building materials for home renovations, decor, small appliances, and tools are a good opportunity year-round.
We recently sat down with our in-house home & garden experts to gather the top tips and best practices for buyers when it comes to buying and reselling home goods and outdoor/ garden equipment. Let’s dive in!
The Home & Garden Category What makes up the home and garden category? Some of the most popular H&G items we see across our B-Stock marketplaces like The Home Depot Liquidation Auctions, Costco Wholesale Liquidation Auctions, Signature Hardware Liquidation Auctions, Walmart Liquidation Auctions, Target Auctions Liquidation include:
Why is Home & Garden Inventory Returned? There are several reasons why home and garden inventory gets liquidated, and in turn, sold in the secondary market. Between excess inventory at the end of the season and new trends in home decor, perfectly good merchandise is then brought back to stores. However, it’s more of a hassle for retailers to store the inventory or put it back up on their site than it is to liquidate it.
Over purchasing/ preventative measures It’s not uncommon to have leftover building materials for homes. This inventory isn’t always able to be stored by contractors and builders so may be returned to retailers. Inventory like generators and water heaters may also be overstocked depending on weather patterns, storm seasons, and region. For example, snowstorms, hurricane season, tornadoes, and more, influence buying trends t..
U.S. online purchases over the 2020 holidays grew 32.2 percent from 2019, totaling a record $188.2 billion, according to CNBC. This surge in ecommerce activity is translating into record returns volume, once again leaving shipping carriers strained as they get overloaded with packages.
According to B-Stock, the world’s largest B2B marketplace for customer returns and overstock merchandise, it can cost twice as much to process an online return back on the shelf as it does to sell it the first time. “There are so many operational decisions that have to be made,” Marcus Shen, COO of B-Stock, said. “It requires manual touches, and many retailers are set up to sell the first time, not the second time. The second time is always a more complicated process.”
Read the full Independent Retailer article here>>
The post The Environmental Cost Of Free Online Returns appeared first on B-Stock Solutions.
We all love Amazon’s customer returns policy, right? I mean let’s be honest, you can return or exchange pretty much anything for free. Very customer-centric indeed. But while this is convenient for consumers, it also leads to an influx of customer returns that can no longer be relisted as new. This opens up huge opportunities for reselling! In this post, we cover why customer returns are liquidated and how you can bid and buy Amazon auctions.
Why are Customer Returns Liquidated? You might hear that your favorite retailer is “liquidating” and start to worry, but there’s no need. This doesn’t always mean that they are going out of business! Another reason companies liquidate is for the purpose of offloading excess inventory and mounting customer returns. This is a natural part of reverse logistics that nearly every business faces.
Reverse logistics is at the end of the supply chain when customers purchase and then return products. Retailers sometimes discount items in-store, and other times, sell the returns off in bulk. These retail liquidation pallets are similar to those offloaded by companies going out of business. The difference is that these companies remain in business.
If it sounds silly to sell products at huge discounts, consider the cost of having goods sitting in a warehouse taking up precious space. That’s what has made liquidation a normal part of a business’s reverse logistics plan. Those seasonal and overstock goods, along with damaged or returned items are collecting dust and could otherwise end up in a landfill. Some items end up on Amazon Warehouse for a discounted price, but many end up on large liquidation websites that sell pallets and even truckloads of returned items.
With liquidation, companies can still make a profit from this merchandise while freeing up storage space for new inventory. This provides small businesses and resellers looking to purchase name-brand inventory—for pennies on the dollar—a great opportunity.
How Do Amazon Aucti..
Spring has quickly arrived and the transition out of the winter season means people are ready for change. This isn’t just a cry for spring cleaning and a new wardrobe —home improvement is going to be in full swing! Shoppers are going to be flocking to home improvement stores with lengthy to-do lists and a mission. Be prepared! Your resale or small business can quickly source decor, tools, and renovation materials to meet these seasonal needs.
Shop in-demand liquidation inventory from nine of the top 10 U.S retailers right here on B-Stock. Read on for the top marketplaces to source all things home improvement:
Home Depot Liquidation Auctions From external garden projects to tackling those fixer-uppers, Home Depot is most DIY warrior’s go-to. With a relaxed returns policy, it’s likely that Home Depot will be liquidating even more returned merchandise this year than ever before. Fortunately, as a buyer, you can find plenty of auctions on Home Depot Liquidation Auctions.
Source from a variety of categories on Home Depot Liquidation Auctions. Bid on customer-returned and overstock tools, power equipment, appliances, window blinds, building materials, hardware, flooring and shelves, kitchen and bathroom, and so much more. Your customers’ projects will be underway in no time.
Signature Hardware Liquidation Auctions Spring means out with the old and in with the new. Whether you want to change the look and feel of a particular room or go with a complete renovation, find high-quality materials and fixtures here. On Signature Hardware Liquidation Auctions, you can bid on luxury customer-returned and new condition bathtubs, faucets, vanities, hardware, bathroom accessories, and more. Have those statement pieces ready for any shopper looking to revamp their living space.
Walmart Liquidation Auctions For outside and inside decor and other home “sprucing up” needs, inventory from Walmart Liquidation Auctions will go a long way. Find customer-returned mixed goods, furniture, s..