One of the fastest growing trends on websites like eBay is finding customer returns auctions, and they usually consist of returned store products (there are many reasons for returns) being sold by liquidation dealers. What this does is enable retail outlets to eliminate undesirable stock at lower prices than would be linked with processing them or having to deal with customers that give back damaged products.
A very small amount of wholesale vendors are contracted to purchase Costco returns, and the ones who do sell these kinds of products do so at much lower prices than they normally would be. As a matter of fact, the prices that returns are sold for might even shock you.
If you, as a retailer, are able to locate a wholesale vendor who is under contract to purchase Costco returns, buying pallet lots of items from them and running your own customer returns auctions would be very possible.
The way you go about making these sales is at your discretion, although you might want to think about vending individual, minor or even combined lots. No matter what choice you make, you will probably learn that a lot of people in the market like purchasing these kinds of products since it saves them so much money in the long run.
A lot of customers will be normal people wanting the best deal there is on websites like eBay. People realize eBay is one of the greatest places for locating products on the web, and this connotes that you will not have to put so much work into promoting your items to shoppers. If you are able to present appealing content and summarizations of your products, shoppers will be more than happy to buy from you.
Something else you could do to promote your products on customer returns auctions is by using the newspaper classifieds or a classified ads website like Craigslist. If you would like to sell damaged products, this would be a great way to do it; local community trading usually has people who comb through the classifieds to find damaged items to either use for parts or simply restore.
A lot of people have an aversion to buying bulk parcels of customer returns since they are concerned that all of those goods will not be marketable. This is usually not the occasion, and even though there will be some products that are hard to vend, most of them will be in fine condition with few flaws. For instance, with wholesale clothing returns there might some missing buttons or frazzled seams, but most people are disposed to buying such items and mending them by themselves. You can just mend them on your own and sell them like as if they were new if you have a sewing machine on hand.
Irregardless of your goals, everything begins in locating a reliable wholesale vendor who is able to give you the items you need – once you have accomplished this much, your success is waiting just down the road.