http://www.gowholesale.com/forums/topic/263 goWholesale Forums Topic: wholesale/return/salvage pallets, are they worth it?? en-US Sat, 21 Nov 2009 20:18:11 +0000 bbpress 1.0-alpha-5 q http://www.gowholesale.com/forums/search.php http://www.gowholesale.com/forums/topic/263#post-24311 Sun, 04 Apr 2004 14:11:48 +0000 Veronica Stone 24311@http://www.gowholesale.com/forums/ Anyone thinking of purchasing wholesale lots/pallets, visit the following discussion forum first, <!-- m --><a class="postlink" href="http://www.wholesale411.com/bbs/viewtopic.php?t=7286&amp;highlight=mywebwholesalers"><a href="http://www.wholesale411.com/bbs/viewtop" rel="nofollow">http://www.wholesale411.com/bbs/viewtop</a> ... holesalers</a><!-- m --> <br /> <br />brashed http://www.gowholesale.com/forums/topic/263#post-11041 Mon, 22 Sep 2003 14:11:25 +0000 Veronica Stone 11041@http://www.gowholesale.com/forums/ sunhobo is right. http://www.gowholesale.com/forums/topic/263#post-11033 Mon, 22 Sep 2003 12:28:29 +0000 Veronica Stone 11033@http://www.gowholesale.com/forums/ <blockquote><div><cite>flea marketer 101 wrote:</cite>Buying pallets is a complete waste of time and you always get stiffed. </div></blockquote> <br /> <br />My bank and accountant would disagree, but since I am paying them to protect, invest and count my money and not post here...you will just have to take my word for it. <br /> <br />Buying pallets can be extremely profitable if you know what to buy, who to buy it from, and where to sell it. <br /> <br />Even if I receive a pallet of 30% non-working items, I have no problem wholesaling it out to local electonic shops, whose technicians refurb it and then sell it. <br /> <br />The key is using a supplier that just wholesales out pallets and isn't involved in any way shape or form retailing product. Suppliers who retail cherry pick pallets and ship junk. http://www.gowholesale.com/forums/topic/263#post-11014 Mon, 22 Sep 2003 07:23:20 +0000 spielerman 11014@http://www.gowholesale.com/forums/ So this is just dollardays site? As Sunhobo has pointed to us before, just use dollardays and no need to pay $20 registration. http://www.gowholesale.com/forums/topic/263#post-10983 Sun, 21 Sep 2003 16:35:09 +0000 Veronica Stone 10983@http://www.gowholesale.com/forums/ Buying pallets is a complete waste of time and you always get stiffed. <br /> <br /> <br /> Trying to find a quality supplier on the net these days is very hard. <br /> <br /> I sell on ebay and at my local flea market in San Jose, Ca. <br /> <br /> <br /> I use <!-- w --><a class="postlink" href="http://www.localprofit.com">http://www.localprofit.com</a><!-- w --> for all my inventory. <br /> <br /> It's a virtual online warehouse which let's you shop with lots of pictures and detailed information along with profit margins for each product. <br /> <br /> They are Americas #1 liquidator, closeout and below wholesale merchandise distributor. <br /> <br /> No minimum orders, brand name products and clothing. <br /> <br /> Huge big assortments of quality merchandise and priced really well. <br /> <br /> most of all they have the absolute best customer service and online warehouse support. <br /> <br /> I hope this helps many of you looking for a quality wholesaler. <br /> <br /> This company is simply the best I have every found check it out <br /> <br /> <br />&lt;a href="http://www.localprofit.com" target="_lp"&gt;&lt;img src="http://www.localprofit.com/images/lp_blogo.gif" border="0" width="250" height="54"&gt;&lt;/a&gt; <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br /> Also does anyone know any other auction sites that offer a good audience besides ebay.? <br /> <br /> <br /> <br /> <br /> Thanks, flea marketer 101 http://www.gowholesale.com/forums/topic/263#post-10535 Fri, 12 Sep 2003 22:23:56 +0000 Veronica Stone 10535@http://www.gowholesale.com/forums/ <img src="./images/smilies/icon_lol.gif" alt=":lol:" title="Laughing" /> <br />4th dimension? Maybe i need sleep... http://www.gowholesale.com/forums/topic/263#post-10531 Fri, 12 Sep 2003 22:03:48 +0000 Veronica Stone 10531@http://www.gowholesale.com/forums/ Steel, <br /> <br />Aside from shipping costs, can't you sell it on the Internet which is inquantifiable(sp?) <img src="./images/smilies/icon_smile.gif" alt=":)" title="Smile" /> because it's in the 4th dimension? Ok, I really need to get sleep. http://www.gowholesale.com/forums/topic/263#post-10506 Fri, 12 Sep 2003 17:53:27 +0000 Veronica Stone 10506@http://www.gowholesale.com/forums/ If you want to see exactly what you get, take a looka t some of the lot specials put together at <a href="http://www.dollardays.com" class="postlink">http://www.dollardays.com</a> You pick what toys are kids clothes you want. You have to register free to see the prices. http://www.gowholesale.com/forums/topic/263#post-10504 Fri, 12 Sep 2003 17:02:34 +0000 nuvisioninc 10504@http://www.gowholesale.com/forums/ Can someone recommend a good company that I can buy a pallet of summer children's clothing and toys. I need these asap, this is the first time I'm doing this and I have found some many so call wholesalers on line but they don't allow me to see the merchandise before buying them and i don't feel comfortable about that, if i'm paying so much money for something I need to see what I'm getting or if I cannot see it I need to know what will be there. I have been fool one time with a seller that sent me a pallet of junk for stationery and i don't want to be caught again. Thanks. http://www.gowholesale.com/forums/topic/263#post-10392 Wed, 10 Sep 2003 18:59:30 +0000 mywebwholesaler 10392@http://www.gowholesale.com/forums/ Sears is very strict with these policies, especially when it comes to their private label merchandise. <br /> <br />If you are low key and don’t advertise the Sears, Craftsman, or Kenmore name, you are right, no one will notice, However, as soon as you do advertise one of these names, Sears will notice and they will come down to where you are and confiscate your load. They have done it before, and not only will they take back the load; you can also get a fine up to $50,000.00 <br /> <br />Our company also has our buyers sign these waivers/disclaimers as well; it really is normal practice and protects us against any wrong doing to a certain extent. What I am trying to say is, if you get caught, the company that sold to you will be the one to get the fine, Sears will take back the merchandise from you and the company you purchased from will sue you in the amount of the fine that was handed down to them. <br /> <br />We actually had a guy buy from us who not only signed the disclaimer but was told what not to do and everything he was told not to do he did. He took out a two page ad in his local newspaper advertising sears craftsman tools for auction at below wholesale. Not only did he take out a two page ad, but his auction house was only 5 miles down the road form the facility. As soon as his ad hit, so did Sears. <br /> <br />You just need to exercise good judgment when selling the merchandise. If you are going to sell the merchandise local just advertise as tools or hardware, etc. Deface the Sears private label brands. This can be done by taking a sharpie permanent marker through the UPC code or through the name, or you can go a bit further and scratch it out and remove the Orange, Green &amp; yellow Stickers, These stickers identify the buyer of the load which traces down to you. http://www.gowholesale.com/forums/topic/263#post-10179 Sun, 07 Sep 2003 19:12:06 +0000 Veronica Stone 10179@http://www.gowholesale.com/forums/ I don't know about single pallets, but I just bought a 17 pallet truckload of Sears electronics (microwaves, vacuums, A/C units, etc). The resale agreement with the liquidator states that a) you can't advertise "Kenmore", b) you will remove all "Kenmore" labels, stickers and S/N from the merchandise (keeps people from returning the parts to the retail stores), and c) NOT SELL WITHIN 50 MILES OF A RETAIL STORE! <br /> <br />Now, who doesn't live within 50 miles of a Sears? And how do they expect you to sell this stuff, anyway? It's not just Sears, either. K-Mart, JC Penney and others have this type of restriction on their private brands. I can see not opening a store next to Sears and putting up a big ad for tools at 1/2 of retail, but HOW DO YOU SELL IT??? <br /> <br />Oh, and the stuff is in reasonable shape. I got about 170 items, maybe 140 of which will be resaleable at a good price. I paid $6500 for it, so the piece cost is about $40. I've got some A/Cs that retail for $500, some microwave hoods that sell for $300, 4-5 vacuums retailing for $300, so even selling them at 30% retail will get me money back quickly. One guy I'm working with who's been doing this for a year gets about 60% gross profit on a truckload (or at least that's what HE says! <img src="./images/smilies/icon_wink.gif" alt=":wink:" title="Wink" /> ) http://www.gowholesale.com/forums/topic/263#post-9793 Tue, 02 Sep 2003 00:55:41 +0000 Veronica Stone 9793@http://www.gowholesale.com/forums/ When I am looking to buy pallets of return/salvage I pretty much stick to what Lisa outlined in her post. However, I also inquire about whether or not the supplier has a retail outlet for this merchandise such as a discount store, or do they offer single items from the pallet on eBay as a power seller, or do they dropship single items, or do they even sell complete retail websites stocked with their product. The reason for this is if they do any of the above than chances are very high that they cherry pick their pallets. This has direct bearing on the quality of the pallet I will receive. I don't purchase pallets from any supplier that has their hand in any type of retail endeavor because instead of being my supplier...they are also my competitor. Just my rule of thumb. http://www.gowholesale.com/forums/topic/263#post-9784 Mon, 01 Sep 2003 20:04:43 +0000 mywebwholesaler 9784@http://www.gowholesale.com/forums/ Nick, <br /> <br />We have been registered with the BBB for 5 years, 4 of which were in New Jersey and the last 11 Months in Maine which is our New Location. <br /> <br />Our biggest complaint is "Not as described". Although our website lists a salvage 101 page explaining what salvage merchandise is many people do not read this and expect more or should I say, "new in the package". <br /> <br />Digital, you are correct, many expect new in the package and this is not what we sell, we sell salvage and buying salvage is a risk, however, education is the key. http://www.gowholesale.com/forums/topic/263#post-9783 Mon, 01 Sep 2003 19:36:55 +0000 Veronica Stone 9783@http://www.gowholesale.com/forums/ I am a longstanding member on another Wholesale forum and MyWebWholesaler doesnt have a very good reputation there. The BBB report states the same thing, with 19 complaints in the last 12 months. <br /> <br />In their defense, though, often times buyers expect lots of brand new items in store return loads and it just doesnt work like that. Many newbies to the return pallet game go with MyWebWholesaler as they are fairly well known and have their expectations set too high for them to possibly be fulfilled. <br /> <br />The jury is still out, but I am not willing to risk any of my own cash to find out first hand. <br /> <br />Benjamin http://www.gowholesale.com/forums/topic/263#post-9782 Mon, 01 Sep 2003 18:21:18 +0000 Veronica Stone 9782@http://www.gowholesale.com/forums/ Lisa, <br /> <br />I was looking at a <span style="font-weight: bold">Better Business Bureau </span>website. <br /> <br /><!-- m --><a class="postlink" href="http://www.bosbbb.org/reports/reliability_report.asp?FirmId=88553"><a href="http://www.bosbbb.org/reports/reliabili" rel="nofollow">http://www.bosbbb.org/reports/reliabili</a> ... rmId=88553</a><!-- m --> <br /> <br />What type of <span style="font-weight: bold">selling issue </span>does <span style="font-weight: bold">My Web Wholesaler </span>typically encounter? <br /> <br />Nick http://www.gowholesale.com/forums/topic/263#post-3707 Thu, 08 May 2003 08:15:00 +0000 neon 3707@http://www.gowholesale.com/forums/ Good informative post <span style="font-weight: bold">MyWebWholesaler</span>! <img src="./images/smilies/icon_mrgreen.gif" alt=":mrgreen:" title="Mr. Green" /> http://www.gowholesale.com/forums/topic/263#post-3701 Wed, 07 May 2003 21:42:46 +0000 mywebwholesaler 3701@http://www.gowholesale.com/forums/ Zorak, <br /> <br /> <br />One of the first steps in buying online whether it is salvage or otherwise would be to check out the company first. For starters you can check out the BBB website to review the companies rating and ensure that they don’t have an unsatisfactory rating. Another great place to check would be Dunn &amp; Bradstreet; this is a great resource for measuring a company’s strength. <br /> <br />Places I wouldn’t check would be forums. The reason for this is that the only posts in forums are from the unhappy customers as happy repeat customers don’t post their experiences, which really is too bad. If you were able to calculate a company’s volume of sales and compare that to their complaints posted in forums you would then be able to judge that particular company, however, this is not possible. Do keep in mind that no matter how large or how small a company is, complaints are inevitable as you cannot please all of the people all of time. <br /> <br />Liquidation merchandise is not all damaged as the above post suggests and there are fantastic bargains out there but you have to first do your homework and no what you are getting in to. <br />If all liquidation merchandise was damaged then stores like Mardens, Marshall’s, and TJ Maxx would all be out of business. <br /> <br />Purchasing one single pallet is no indication of what a load would be like. On each and every load of merchandise the damage ratio is completely different; some loads only have a 1-5% damage ratio whereas others may have a 30% damage ratio. <br /> <br />Why do people return things…? People return things for various reasons and not necessarily because an item is broken. Look at your own past experience, why have you returned things throughout your life? Maybe it didn’t fit, maybe it was scratched, and maybe you said it was broken when it really wasn’t. If you tell the department store the item is broken whether it is or not, they don’t test it, they take your word for it. I myself have returned items for numerous reasons and not because everything I ever returned was always broken. I just purchased a laptop last week and returned it simply because I didn’t like the color, I wanted a blue one, and after I got the blue one I returned it too because I changed my mind and wanted an IBM. <br /> <br />As for the company you purchased from, you indicate that you lost money…this doesn’t mean this company was not reputable, it simply means that you may have received a stinker of a pallet. You need to look at it this way, lets say for argument sake that every load has a 30% damage ratio, this would tell me that there are a few pallets on that load that are definite stinkers and then there are some winners…you got a stinker and as I said above one pallet is no indication of an entire load. <br /> <br />I tell all of my customers that have never purchased salvage before to try three pallets as this will give them a much better indication of what to expect or to simply stick with overstock merchandise, overstock damage ration is about 1% <br /> <br />If you do your homework you will find a god company to work with. <br />GOODLUCK http://www.gowholesale.com/forums/topic/263#post-3301 Mon, 21 Apr 2003 18:16:22 +0000 Veronica Stone 3301@http://www.gowholesale.com/forums/ <blockquote><div><cite>MyWebWholesaler wrote:</cite>Hi, <br /><br />My name is Lisa, I am the managing member of My Web Whoelsaler, LLC<br /><br />If you are looking for information on our company and salvage buying, maybe this will help. <br /><br />We are registered with the BBB with an outstanding rating. <br /><!-- m --><a class="postlink" href="http://www.bosbbb.org/reports/reliability_report.asp?FirmId=88553"><a href="http://www.bosbbb.org/reports/reliabili" rel="nofollow">http://www.bosbbb.org/reports/reliabili</a> ... rmId=88553</a><!-- m --><br /></div></blockquote> <br /> <br />Has anyone purchased from them? <br /> <br />I tried one pallet from another outfit, got back $450 of the $1100 (with shipping) it cost. I pretty much written off the idea after that. <br /> <br />zorak http://www.gowholesale.com/forums/topic/263#post-3269 Mon, 21 Apr 2003 07:57:07 +0000 Veronica Stone 3269@http://www.gowholesale.com/forums/ I have now purchased my first load of resale pallets. The jury is out as to whether or not I am pleased. Will let you know. http://www.gowholesale.com/forums/topic/263#post-3161 Fri, 18 Apr 2003 18:29:01 +0000 Veronica Stone 3161@http://www.gowholesale.com/forums/ Hi There, <br /> <br />Salvage pallets are a waste of time, You are paying for junk so you get junk. That's why most Dealers say - Sold As Is - No Refund. Most of the items are stuff that are returned by customers because of defects. <br /> <br />We have over 20,000 Products Online - We are the #1 Wholesale Distributor in the USA. We ship worldwide. Other wholesalers buy from us. <br />Go to our website now: <!-- m --><a class="postlink" href="http://cashpan.com">http://cashpan.com</a><!-- m --> http://www.gowholesale.com/forums/topic/263#post-2411 Wed, 26 Mar 2003 17:27:25 +0000 Veronica Stone 2411@http://www.gowholesale.com/forums/ I personally think people have better luck buying case lots of a particular item so they know what they are getting for their money with no unpleasant surprises in a scenario where all sales are final. Especially when your buying site unseen over the net. Buy a small sample before jumping in bed with a supplier with a $5000 plus order so you know who your dealing with. I agree with Lisa at <!-- w --><a class="postlink" href="http://www.mywebwholesaler.com">http://www.mywebwholesaler.com</a><!-- w --> to the degree if your able to go the warehouse of your supplier to look at these pallets and pick the one you want I think you will have greater satisfaction with no unexpected surprises that can force people out of business when they get a !@#$ load. Just food for thought http://www.gowholesale.com/forums/topic/263#post-2372 Tue, 25 Mar 2003 21:13:53 +0000 mywebwholesaler 2372@http://www.gowholesale.com/forums/ Hi, <br /> <br />My name is Lisa, I am the managing member of My Web Whoelsaler, LLC <br /> <br />If you are looking for information on our company and salvage buying, maybe this will help. <br /> <br />We are registered with the BBB with an outstanding rating. <br /><!-- m --><a class="postlink" href="http://www.bosbbb.org/reports/reliability_report.asp?FirmId=88553"><a href="http://www.bosbbb.org/reports/reliabili" rel="nofollow">http://www.bosbbb.org/reports/reliabili</a> ... rmId=88553</a><!-- m --> <br /> <br />You can also check out our credit score on Dunn &amp; Bradstreet, <br />DUNS # 128841827 <br /> <br />You can also read our about us page located here: <br /><!-- m --><a class="postlink" href="http://mywebwholesaler.com/aboutus.htm">http://mywebwholesaler.com/aboutus.htm</a><!-- m --> <br /> <br />A must read on our site: <br /><!-- m --><a class="postlink" href="http://mywebwholesaler.com/salvage101.htm">http://mywebwholesaler.com/salvage101.htm</a><!-- m --> <br />This page will give you some good insight on the liquidation business. You may not like all of what you read but it will surely help you to make an informed decision. <br /> <br />We operate a 5800 square foot warehouse here in Athens, ME and you are more than welcome to come check us and our products out firsthand. http://www.gowholesale.com/forums/topic/263#post-2162 Thu, 20 Mar 2003 10:32:07 +0000 Veronica Stone 2162@http://www.gowholesale.com/forums/ <!-- m --><a class="postlink" href="http://www.mywebwholesaler.com/pallets.htm">http://www.mywebwholesaler.com/pallets.htm</a><!-- m --> <br />Has anybody purchased from these guys? http://www.gowholesale.com/forums/topic/263#post-2128 Wed, 19 Mar 2003 16:58:35 +0000 Veronica Stone 2128@http://www.gowholesale.com/forums/ Has anyone taken advantage of the offer found here? <a href="http://www.swapselltrade.com/" class="postlink">http://www.swapselltrade.com/</a>You have to pay a small fee, which I will typically not do. Anyone know if it is a scam? <br />Melinda http://www.gowholesale.com/forums/topic/263#post-1489 Wed, 05 Mar 2003 19:03:18 +0000 Veronica Stone 1489@http://www.gowholesale.com/forums/ <img src="./images/smilies/icon_arrow.gif" alt=":arrow:" title="Arrow" /> <span style="font-weight: bold">What about these guys? </span> Has anybody purchased from them? <br /><!-- m --><a class="postlink" href="http://www.mbkwholesale.com/">http://www.mbkwholesale.com/</a><!-- m --> http://www.gowholesale.com/forums/topic/263#post-1456 Wed, 05 Mar 2003 09:48:16 +0000 Veronica Stone 1456@http://www.gowholesale.com/forums/ <img src="./images/smilies/icon_question.gif" alt=":?:" title="Question" /> <br />Has anyone purchased pallets from TDW (The Discount Warehouse)? They say they do not "Cherry Pick" out the good stuff and that the pallets are a fair mix. If pallets are not the way to go as a wholesaler, what is? <br /><span style="color: #ff0011"><span style="font-weight: bold">HELP! </span></span>We have plans to spend our savings getting set up in reselling overstock and I want to do it right. http://www.gowholesale.com/forums/topic/263#post-601 Sun, 09 Feb 2003 17:53:08 +0000 Veronica Stone 601@http://www.gowholesale.com/forums/ I have found that purchasing pallets suck. I have spoken to some companies and they won't even let me go see the stuff before buying. What kind of a deal is that. You buy a pallet of 4x shirts that you can't sell. I went to the flea market today. No one wanted to deal. Between the asians and arabs flea markets are getting empty no one wants to go and get a bad price and be put down at the same time. <img src="./images/smilies/icon_lol.gif" alt=":lol:" title="Laughing" /> <img src="./images/smilies/icon_lol.gif" alt=":lol:" title="Laughing" /> <img src="./images/smilies/icon_lol.gif" alt=":lol:" title="Laughing" /> <img src="./images/smilies/icon_lol.gif" alt=":lol:" title="Laughing" /> <img src="./images/smilies/icon_lol.gif" alt=":lol:" title="Laughing" /> It has a lot to do who you buy from. Watch out.................. http://www.gowholesale.com/forums/topic/263#post-554 Sat, 08 Feb 2003 12:17:09 +0000 Veronica Stone 554@http://www.gowholesale.com/forums/ Most of the time the pallets you recieve have been searched thru before they go out for sale. <br /> <br />I have liquidated warehouses for over 20 years and have been in a lot of places where they search the goods in the back, take the best items to a retail showroom or other locations and them refill the pallets with the worst stock and usually put a few goodlooking items on the tops. <br /> <br />This gives the legit dealers a bad name but other than buyer beware we haven't got a lot of options in this area. <br /> <br />If dealers would realize that customers have to make a profit in order to maintain a business they would make an effort to be sure you recieve good stock. http://www.gowholesale.com/forums/topic/263#post-413 Tue, 04 Feb 2003 14:46:22 +0000 Veronica Stone 413@http://www.gowholesale.com/forums/ well that's discouraging to hear. So all these surplus dealers on the net are all basically scams??? i mean they all advertise being able to resell their pallets and make a good profit from it. <br />regardless, the day before yesterday i told the guy that i was gonna buy the pallet from that i was ready to buy, he said his main computer was down and that he'd send me an invoice today...still no reply from him. with all this negative feedback about these types of pallets i'm probabally just going to forget about it. <br />thanks! http://www.gowholesale.com/forums/topic/263#post-403 Tue, 04 Feb 2003 09:32:13 +0000 hustler 403@http://www.gowholesale.com/forums/ <img src="./images/smilies/icon_eek.gif" alt=":shock:" title="Shocked" /> I bought a similar pallet but not from office but from walmart its is not worth it trust me you will either loose money or make the money back that you spent, if that. I experianced like 3 times and it was not sucessful people now and day like brand new things in package and trust me that is the best way to go. <br />Hustler