CUSTOMER RETURNS
Customer Returns are items that were once sold from the store (or website) and are then returned by the consumer in varying conditions.
Sometimes also referred to as Salvage Goods, Customer Returns are typically items that have been purchased from a store (or online store) but then returned by a customer.
Stores have varying individual return policies as well as product liquidation policies, which can affect the type & condition of products you may see in varying loads. Though policy will vary from store to store – the Large Majority of Customer return goods simply undergo a cursory visual check at the store level prior to making their way into a return load. Higher value items may be subject to more thorough inspection prior to being selected for liquidation.
The general “quality” of customer return loads can vary significantly from program to program, and it is common that some programs may have a 50% or greater Defective rate while others are only 10% or 20%. Return loads with low defective rates are sometimes referred to as “Clean” Customer Return Loads. Return Loads with very high defective rates are at times referred to as Salvage Loads.
CUSTOMER RETURNS CHARACTERISTICS:
Purchasing department store returns is not for everyone. This is not a ‘get rich quick’ scheme. The payoffs are high for those prepared to work hard and put effort in their purchases in order to create the highest possible return on investment. This is a “get-rich” slowly scheme with hard work, dedication & creativity.
In order to maximize your success with this type of merchandise, you need to be prepared to process, test, check, and research pricing on the goods prior to selling them. In the long term (and over several purchases), most people in this industry agree that the payoffs and returns are very profitable and that the long-term risk is generally minimal. Liquidation goods and customer returns are normally priced accordingly, and allow you to profit handsomely while still offering your own customers excellent deals on items.
NEW OVERSTOCKS
New Overstocks are items that were never exposed for sale in a retail setting though they may no longer be in their original master case or factory packaging.
New overstocks, also often referred to as Closeouts, tend to be goods which typically have never been merchandised or exposed for sale in a retail store.
NEw Overstock CHARACTERISTICS:
Such goods can materialize from retailers, importers, manufacturers or distributors who are closing down or simply have discontinued or excess goods in their warehouse that they need to move. Via Trading also sources & offers liquidation services to freight forwarders, logistics industries, manufacturers, insurance & financial institutions and the like. Overstock goods tend to be in 100% New Condition.
New Overstock items typically have the following characteristics:
SHELF PULLS
Shelf pulls are items that were already exposed for sale in a retail environment but have been “pulled” from the shelfs and chosen to be liquidated by the store. These goods are typically New and have never been used.
Shelf pulls are typically excess goods that have been displayed for sale in a store or online but have never been purchased by a customer.
Sell Pulls CHARACTERISTICS:
Shelf pulls are typically considered excess inventory from store shelves. In the vast majority of cases, shelf pulls require much less work than customer returns in terms of testing and repairing, but you should expect to have some checking work to do as well as cleaning off potentially dusty items and removing price tags (if necessary) before reselling the items.
Shelf pulls would have been handled multiple times during the process of getting them from the store back to a Liquidator, & a small % of items may show signs of excessive handling & may have stains or slight imperfections.
Programs vary from store to store – please see listing descriptions and ask your Account Manager for further information on any particular item.
IRREGULARS
Irregulars (depending on commodity also referred to as Scratch And Dent) are generally new products that are being discarded or liquidated as a result of improper or defective manufacturing
In some cases this term is also used to describe Furniture or Large Appliances which may have some scratch and dents but are otherwise fully functional.
irregulars CHARACTERISTICS:
They can also be called “imperfect goods”. In the majority of cases, irregular items have very small manufacturing defects such as the wrong color thread, improper stitching, slight discoloration from the intended item’s color, other minor blemishes, scratches, dents, discoloration or other imperfections.
DEFECTIVE
Tested not-working or “defective” pallets or loads. Such items are typically higher end electronics which have gone through a testing process.
Visually defective items, incomplete sets (like furniture, housewares, etc.), items good for spare parts only or out of date items. Defective goods have the potential to be profitable if you have the ability to repair or strip them of their parts for resale.
DEFECTIVE CHARACTERISTICS:
Programs vary from store to store – please see listing descriptions and ask your Account Manager for further information on any particular item.
PRE-WORN
Pre-worn (used) clothing. These goods can come from a range of sources and are available year-round.
Our pre-worn goods go through an inspection process to ensure quality control and offer tremendous value for money for the right market.
PRE-WORN CHARACTERISTICS:
Pre-worn (used) clothing. These goods can come from a range of sources and are available year-round. Our pre-worn goods go through an inspection process to ensure quality control and offer tremendous value for money for the right market.
Programs vary from store to store – please see listing descriptions and ask your Account Manager for further information on any particular item.
Error: Contact form not found.
Pacas Y Paletas © 2023. All Rights Reserved