Posted on October 24th, 2022.

If you are looking for a way to earn some additional income on your side, reselling merchandise and liquidation box merchandise is a great business model.

Another big advantage is that it actively reduces the demand for new products and prevents the waste of various types of products that end up in landfills somewhere, from clothing to home appliances. With a $ 400 billion industry, it has a lot of potential. This can be a great ecological business idea.

It is important to do a quality check before you buy, as you can buy a variety of liquidation boxes and pallets. 

Whenever possible, look for returns from top sellers such as Amazon, Walmart, and Target. Another important thing to keep in mind is to do due diligence in understanding exactly what is in the lot. Most clearing pallets and crates come with an accurate list of products (except, of course, for mystery pallets). This is especially true when purchasing items online. This is because it is not possible to physically evaluate the product or infer whether there are any defects that require attention.

 In some cases, shipping costs can be very high. A liquidation pallet sold for $ 500 at a retail price of $ 1500 can mean an additional $ 500 shipping. Keep this in mind when calculating the unit price for each item and compare it to the selling price and the expected profit from the sale

Like any other business, there are risks. Therefore, you need to do due diligence to make sure that the items you buy are up to mark.