goWholesale

It depends on where you live versus where you are buying from. I have purchased surplus/customer returns pallets, but i live near a supplier. Ifyou don't you must either go pick them up, or pay shipping, which simply ads to your cost. I took 4 large pallets toa flea market and in 2 day i tripled my money...have done it several times.

Southern Guy

neatandpetite1

Hmmm...I must say not all salvage is garbage, and not all closeouts are outdated. I work in the liquidation industry. I see merchandise everyday that you would probably die to get your hands on. Yes, much of it is NEW-closeouts, shelf pulls and overstocks. All I am saying is be careful not to jump to such a quick judgement.

Southern Guy

Neatandpetite1

It sounds as though you've dealt with a company who "cherry picks" their pallets. Sorry to hear that. I wouldn't buy from a company that has 30% damage on pallets either. We don't have time to do that. With over 60 truck loads of merchandise in the warehouse, it takes all we can do to get pallets shipped on time. Not to belittle your opinion, but yours is definetely in the minority when it comes to true overstocks/shelf pulls/closeouts.

After all, the bottom line is money, and I can show you many people who can triple and quadruple their money on pallets of quality liquidated merchandise. I am one of them as I add to my income by selling on eBay with quality liquidated merchandise.

Southern Guy

neatandpetite1 wrote:Salvage=Garbage
Closeout=Outdated
Don't do it!

Only do it if you know what you are doing and who you are doing it with...it's kinda like sex.

Southern Guy wrote:Neatandpetite1

It sounds as though you've dealt with a company who "cherry picks" their pallets. Sorry to hear that. I wouldn't buy from a company that has 30% damage on pallets either. We don't have time to do that. With over 60 truck loads of merchandise in the warehouse, it takes all we can do to get pallets shipped on time. Southern Guy

NOt to bust your *@#$ You posted a reply earlier that you tripple your money sometimes at flea markets. Then you say you dont have time to cherry pick your loads. So which is it. Which close out company do you work for or own.

If you have the ability to devote some time and space to the project, there is LOTS OF MONEY TO BE MADE.
Your best bet is to buy multiple pallets , and MOST PREFERABLY truckloads.

The reason is that the more you buy, the more likely it is that you will receive multiple pieces of the items that have the most "problems", allowing you to make good from bad. If you can devote the time, space, and effort to full loads, you can make A LOT OF MONEY!!

FREIGHT COST ON TRUCKLOADS ALSO IS MUCH LESS OF AN ISSUE.

I have found hardware/housewares loads to give the most reliable and consistent return. Electronics are risky, but often yield some very pleasant surprises.

Softgoods prices are always tempting but you must have a sure fire outlet for soft goods or you will hang yourself.

GOOD LUCK

I have bought 2x from gdc distributing. These were domestics very nice product for money spent. I also bought toy pallets, they were all new, but, not a big variety.
I also bought from http://www.1dwi.com? I think that is in they are from philly dealt with lisa. No problems there either. That was halloween and Christmas decorations.
Now. MYwebwholesaler.com they are rip offs. I bought or supposedly bought 18 pallets of ames vendor returns(ames went bankrupt) housewares/toys/electronics/ . It was total trash. 1/2 of toilet seats, stools missing legs, tents, air mattresses with holes it even gets worst then that. I tried to refuse shipment after unloading the first 3 pallets but, I had broken the seal on the trailer. All were costumer returns not vendor returns, we got 16 gaylord boxes not pallets. Go to ripoffreport.com and there are even more complaints. She is being served with suit papers this week. So be very careful with who you deal with. I did my homework and still got beat.

I personally will never buy from My Web Wholesaler (aka mywebwholesaler) ever again. I wish I saw a couple of these posts before forking out $1,664.48 for a K-Mart watch pallet.

Here is what I got for my money.

264 pieces (estimate) of costume (junk) jewelry - no value to me as my company doesn't sell jewelry
6 scratched up sunglasses - no value obviously
6 watch bands - don't want them
8 jewelry boxes (retail brand new for only 4.99) - no value to me
46 boxes of blank heart lockets (retail if brand new for only 2.99) - no value to me
93 clocks (alarm clocks to be more precise) - mainly old fashion windup type - I don't sell this junk - no value to me
577 - watches

Now as for these 577 watches, here is what I got. Please keep in mind when I mention the phrase brand new price that I am referring to full retail for a new watch. Not one single watch that I received was new.

Here is a breakdown of the 577 watches (the only reason I bought the pallet)

59 KMART private label Y-Brand watches - can't sell them because KMART and MyWebWholesaler required me to sign a contract with up to a $50,000 fine for selling these. The Y-Brands are Jaclyn Smith, Joe Boxer, Kathy Ireland, & Route 66. I have to trash them all.
191 watches dead on arrival - vast majority are so cheap that they are not even worth the price of a new battery if that is what the problem is.
18 watches with broken or missing crystals - trash
77 watches with broken bands - again, most of these watches are so cheap that it is not worth the time swapping bands with the bands from the DOA watches.
46 other watches with serious problems - trash
83 working watches that are generic in my opinion - no branding on the watch face, wrist band, or watch backing. All retail if brand new for under $10, many retail for only $3.99 - $6.99 if brand new. Minimal value to me, 50 cents a watch at best.
43 working watches from brands not known by the general public as follows (Acuci 13 watches valued at $5 a watch if brand new, 1 Extreme Limits $9.99 if brand new, 5 Field Rangers, 1 Iron Kid, 1 LTO, 4 Sharp, 1 Starter, 1 Sugar Fly valued at 9.99 if brand new, 14 Ultimates valued at 9.99 if brand new, and 2 Victoria Rhein valued at 9.99 if new). I suspect these watches will fetch about the same as the generics if sold, about 50 cents on average at best.
9 watches from major brands we have all heard of but the watches are so outdated in my opinion that its not sellable.
42 salvageable watches (7 need repair) from the following (4 Acqua, 6 Armitron, 2 Lorus, 24 Timex, and 6 Wrangles).
9 pocket watches with no dates which I might be able to sell for a couple of bucks each.

I did not receive a single Nike, DKNY, Pulsar, Calvin Klein, Techno Marine, Seiko, or Casio.

My Web Wholesaler will not issue me any credit, refund, or take back the merchandise (even though I am willing to pay the return shipping and pay a restocking fee) claiming as-is, no returns.

I think you should take MyWebWholesaler's advice from the salvage 101 on their web page, know who you are dealing with. Now I Know, I just wish I knew this sooner.

By the way, I took photos of every single group of items for those of you who don't believe me.

As for My Web Wholesaler, this company had 22 complaints (as of the time I purchased the watches) filed by people in the past year to the BBB. I was unaware at the time but now believe this number understates the problem because the BBB only allows consumers to file a complaint, not businesses. Thus I was not able to file a complaint.

I will probably end up giving all the working merchandise (except the Y-Brands) to a charity that's more than 50 miles from any KMART (another requirement I had to sign) after defacing what works. It is not worth my time of day to sell 42 salvageable watches on EBay.

MJ, I'm glad you had a laugh at my expense, not nice.

I believe you are not impartial in this matter like you pretend to be. In fact, I have noticed in all 10 of your posts you have nothing but praise for MyWebWholesaler and disdain for everyone else.

Hmmmm, My Web Wholesaler is good, everyone else is bad. I noticed you listed your occupation as wholesaler (I printed a hard copy of this). A wholesaler claiming to buy from another wholesaler to sell on Ebay???

In 3 of your other posts, you specifically mention My Web Wholesaler as the good company to buy from. In two of those, you give the link to My Web Wholesaler. Why don't you praise your own company??? Why don't you give links to your own company????

In 7 of your other posts, you participate in conversations knocking tdcloseouts, openboxusa, and anythingneverything. Very convenient, everyone else is bad, mywebwholesaler is good.

For all other wholesale 411 readers, don't be fooled by MJ and his/her posts. For those of you who are not familiar with MyWebWholesaler, I can tell you this much, I was required to sign an agreement with MyWebWholesaler & K-Mart. It states that I can be subject up to a $50,000 fine for selling a Y-Brand product that is not defaced. K-Mart Y-Brands include Joe Boxer (new acquisition), Jaclyn Smith, Kathy Ireland, and Route 66.

If you can see the Y-Brand name on the watch, it is not fully defaced. You simply can't just cut the tags off like MJ implies. In order to deface the watches with these labels, I must dissemble the watches and scratch these names off the inside face. This damages the watch as no one wants to buy watches with the face scratched up. Therefore, Y-Brand watches are not salvageable.

Now, lets talk about these generic watches, they have no branding on the face, wrist band, or backing and mainly sell for $3.99 to $6.99 brand new in a box. They have very little value used and not in a box.

I have researched the stuff MyWebWholesaler sold me and found people can't sell similar stuff on EBay.

PROOF: Ebay user baabey is selling similar watches in lots of 50 on EBAY for $15 and had no bidders. See auctions 2670277607, 2670277555, & 2670277655. Further, these lots included the N brand and the Y brand watches, not just generics, and yet baabey couldn't get a mere 30 cents per watch. See what I mean by minimal value. Baabey might need to be more careful, depending on where and how he/she acquired the watches, he/she might be subjecting himself/herself and his/her wholesaler to a fine for selling Y-Brands on EBay.

Now MJ, you write anonymously, unlike me. I think everyone knows who you probably are. If you really sell on EBay than why don't you share your EBay user name with all of us? I'm sure you will have excuses not to do so.

Anyone who reads my original post in its entirety will know what I got and can make there own judgement on exactly what its worth.

AMHERSTREALE


I can assure you that MJ is not affiliated with My Web Wholesaler, and further more I can assure you that Mr. Stanton was advised of the condition of the salvage watches he bought. He knew about the alarm clocks and the jewelry involved and that we did not work in percentages of what was working versus not working and that every lot is different. What ever we get in is whatever goes out. I know because I invoiced him. He called me about 20 times and this is no exaggeration. He also had asked me to falsify documentation that he was an LLC after purchasing the watches. He about broke our fax Machine sending the same documentation of the falsified document. I think what he really is the most upset about is the disclaimer because it puts the fault on him for trying to tell his customers he could guarantee salvage watches. He sounded to me that would come back and try to rook a company if he could. I will add he never called our company to complain but sent us a book of all sorts of evidence that proved he did know he bought salvage merchandise and that he knew they were sold “as is” I can prove all of what I am writing here. I would advise anyone on this post to stare clear of this buyer. Go to his web site and check that out. If you know anything about wholesale salvage then this should speak for its self.

On October 15, 2003 my company, Shop Great Values, was formed into an LLC in the state of Washington. I made the purchase from My Web Wholesaler on October 13, 2003 and asked afterward (once I formed an LLC) that my records be updated to reflect that I am an LLC.

The date on the new K-Mart agreement I signed was dated October 15, 2003, the day I formed the LLC.

File opened 10/1/2003. Committing fraud by falsifying documents? Yeah right.

Mr. Stanton

I apologize with my wording "He also had asked me to falsify documentation that he was an LLC after purchasing the watches." I should have stated the exact; that you asked me to rip the other one up and put that one its its place.

Again I apologise for the poor choice of wording.

shrimp119 wrote:Personally I have considered purchasing from myweb, but after seeing how they grossly overexagerate "poor choices of wording" (lying about what actually happened) I will not.

shrimp199

You need to get your facts straight of what actually happened with Mr. Stanton.

What you are saying is it is just that he lies and says he didn't know what to expect when he was buying returns salvage k-mart watches . I am telling you I have documentation that he did. And further more in my opinion updating is adding to a file not destroying what was already in place. Also I can prove that Mr. Stanton is committing libel against MyWebWholesaler.

Is it in your 0pinion that a dissatisfied customer can come on to the post and falsify facts about a company? because he had higher expectations of what to expect from salvage returns.


OKAY !!!

Shopgreat,

I am not affiliated with myweb, I am just a customer. I do buy their watches and I don't throw working ones away. I haven't slammed any companies on this forum as you suggest. I have stated my opinion in what company I like to deal with. I have dealt with many wholesale companies in the past and still do use other wholesalers not related to salvage.

I used to talk with Christa when she was there and now work with Robyn and when Robyn tells me what to expect, I listen. IMHO it sounds to me like you have a bone to pick for making a bad decision on your part.