A liquidation pallet can be a box full of surprises which you can make a quick buck from.
These pallets are easy to buy and can be a treasure trove of items from clothes to kitchenware.
What are liquidation return pallets?
Liquidation return pallets are a box full of inventory which cannot be sold on in the regular store.
Many retailers, for a variety of reasons, do not resell items which can cause a backlog of old inventory, from John Lewis to beauty returns pallets.
The pallets allow companies to sell mass amounts of unsellable items, which generates some income and helps get rid of bulk goods.
Buyers can purchase these return pallets with the hopes of find products that have no faults, minimal damage, or is repairable.
Some people make a living out of refurbishing goods from return pallets.
On average, online returns alone cost UK retailers £5.2billion a year, according to PaymentSense's annual report.
The data, released in December 2021, showed "serial refunders" cost UK small businesses an average of £15,600 a month.
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Analysis looked at the top 500 retailers in the UK to see which customers were searching the most for free returns.
Amazon topped the list with on average 4,400 searches per month, fashion brands Asos, Shein, Zara and Boohoomade up the rest of the top five.
Where can I buy a liquidation return pallet in the UK?
Amazon liquidation pallets can be bought through Amazon's auction programme, which they partnered with B-Stock for.
Amazon Liquidation Auctions is the official b2b marketplace where you can buy overstock merchandise directly from Amazon.
In the UK, you can register on the Amazon EU Liquidation Auctions marketplace separately.
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Where to buy return pallets in the UK
In order to bid on an auction, you first have to register with B-Stock and be approved to bid.
There is no fee for applying or for being an approved buyer but you do need to be a valid reseller to apply.
Who else does return pallets?
Many retailers do offer liquidation return pallets through a variety of sites.
Unlike Amazon you don't have to wait for the auction season to begin with these sellers.
Here's some retailers that sell return pallets:
- Wholesale Scout
- B Stock
- MartHill International
- Gem Wholesale
- Brit Deals
- Wholesale Clearance UK
Can you make money off liquidation pallets in the UK?
Enthusiastic shoppers have been able to make profits.
One couple revealed they made enough money to cover their mortgage payments by selling off products in an Amazon returns pallet.
Jamie and Sarah McCauley who live in West Michigan bagged two boxes full of returned electrical equipment for £750.
Inside the pallets, the couple found themselves four Nespresso machines, two microwaves, two deep fat fryers, and three air fryers just to name a few.
Some people strike very lucky as this couple paid £18 for a return pallet and came away with £10k worth of goods.
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Although it is hit and miss as one woman received 11 hair stylers in her pallet, so be prepared for some disappointment.
That being said, one family received a PS5 from their £120 liquidation returns pallet so there's hope!
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