Shopping through online auction allows consumers to get everything they need for less than possible at their local big box store. Shopping through online auction is more convenient than visiting the store. Bidding takes place entirely online and winning bidders can pick-up their items close to home. Bidders can also choose to have their items shipped directly to them for an additional charge.
Each week, Lots of Auctions offers a large selection of items for bidders to choose from. While most of our auctions include individual items, we offer pallet auctions as well. These are a little different from our regular auctions. Read on to learn which type of auction is the right choice for you.
Most of our online auctions contain individual items. Bidders can choose from different categories and locations. Each auction includes around 100 or more individual items. Bidders can choose to bid on one item or several different items. When the auction ends, bidders simply pay for and pick-up the items they’ve won. Bidders in these auctions know exactly what they’re getting. Participating in these auctions is perfect for individuals looking for gifts, appliances, or other items for their home or office.
Our pallet auction is different. These auctions include a selection of pre-built pallets of product. Aside from the images and titles provided, bidders typically do not know what the pallets contain. Bidders cannot pick and choose the items included on their pallet. Our pallet auctions are perfect resellers, open air market vendors, and small businesses.
Before bidding, it’s important to understand that our pallets may have up to 15-20% fallout. Fallout refers to damaged or unusable product. Winning bidders have the opportunity to inspect the pallet on-site before breakdown and removal.
Individual items are best for bidders interested in buying gifts, home goods, office supplies or other personal items. Our pallet auctions are the better choice for resellers. Buying pallets through our online auctions makes it possible for resellers to get LOTS of product for less.