How to Profit from Store Returns in NC

by | Sep 7, 2015 | Business

Store returns in NC are a good way for many people to make money very quickly. With just a little bit of investment capital, you can see large profit margins. Reselling these items is often fairly easy, especially in this day and age. There are many internet retailers that have extensive programs that make it easy to sell and ship these store returns at a profit.

Why Do Stores Liquidate These Items?

Before venturing into this business, many have some very valid and important questions that can help them to mitigate their risk. Why do these retailers liquidate these items? Are they valueless? These are important questions, and it’s easy to see why they come up so frequently. After all, if these expert retailers can’t sell these items, will you be able to?

To answer this question, you must understand why retailers are liquidating these store returns. In reality, it’s not because the items are unwanted by consumers, but instead, it has more to do with how difficult it is to get these items on the floor. Often times, items are returned after they have been discontinued. If, for example, a seasonal item is returned after the season is over, the retailer will have no reasonable place to put it on the sales floor. Most retailers have very structured agreements with vendors on where their products will be placed on the floor. It’s not a simple matter of moving one item over to make room, as this will usually breach an agreement with a vendor. So, while the retailer is waiting for the item to come back into season, they have to store it in a warehouse, which can be expensive and difficult to manage. These are not issues with which you will have to contend.

How Can You Make Money on Store Returns?

Purchasing store returns is a great value to you. Why? Because you’ll be able to acquire these items well below what their true market value is. The retailers who liquidate these items do so without much, if any, regard for the price that consumers are willing to pay for these items. Instead, their main focus is on relieving themselves of the responsibility and cost associated with storing these items. These retail pallets are often sold for as low as five percent of their retail price. Imagine how huge the profit margins could be if you were able to sell all of those items anywhere near to their retail value. Of course, it won’t be possible to sell every single item. Some items may be broken, or damaged too badly to be worth your time. However, the majority of products on these pallets are in “like-new” condition.

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