Open air and ecommerce sellers are often surprised by the high cost of keeping their shelves stocked. In order to save money, these resellers may purchase liquidation name brand product by the pallet. Buying pallets of liquidation merchandise allows resellers to keep their shelves fully stocked, for a fraction of the cost of buying direct from the manufacturer.
What is Liquidation?
Liquidation refers to customer returns, overstock, and shelf pulls. When retailers need to make room for new product, they sell their liquidation by the pallet or truckload to liquidation suppliers. It is then sold to resellers and open-air market vendors.
Buying Liquidation Pallets Through Online Auction
While many resellers choose to partner with an experienced liquidation supplier to purchase pallets of merchandise, this isn’t the only option. Resellers can also purchase pallets of liquidation through online auction platforms like Lots of Auctions.
Buying liquidation pallets through online auction typically costs less than purchasing pallets of merchandise directly from a liquidation supplier. Bidding typically starts low, and many pallets sell for well under their MSRP value.
Is Buying Through Online Auction Right For Me?
While purchasing pallets through online auction allows resellers to get lots of merchandise for less, resellers do not get to find out what’s in the pallet before the auction. These pallets are generally sold AS IS and returns are not possible. It’s important to understand the terms of the auction before bidding.
Pallet Auctions in Denton, TX
Lots of Auctions offers pallet auctions weekly. Bidding takes place entirely online and winning bidders can pick-up their items at our Denton, Texas warehouse. We also offer shipping within the United States.
Our pallet auction is made possible through our partnership with Discount Truckloads. Resellers and open-air market vendors looking to purchase manifested pallets or truckloads can view available product on Discount Truckload’s website. Please click here to view our pallet auction.
Online auctions allow consumers to get name brand products for less money than possible at a department store. Bidding starts low, and most items end up selling for well below their MSRP value. While bidders can often find a large selection of items to choose from, it can be a challenge to determine the best deals in these auctions.
Everyday, thousands of people shop our online auctions to get the things they want and need for less. Shopping through online auction is an exciting and cost-effective way to get a variety of products at incredible discounts. Many times, bidders in online auctions get products for well below MSRP value. This is part of the reason why so many people participate in our auctions.
It seems like everything goes up in price each day. It’s not just your imagination, prices have been rising in the U.S. as the economy recovers from the global pandemic. Prices have risen 4.3% since July 2020 on most items. This has left many people skipping out on the things they want. Fortunately, there’s a better way.
Many resellers purchase pallets of liquidation merchandise to keep their shelves stocked. These pallets often contain name brand merchandise. However, purchasing liquidation pallets can cost a lot of money up front. Shopping for liquidation pallets through online auction allows resellers to get pallets of merchandise at a fraction of their MSRP value. Bidding often starts low, and it’s not uncommon for pallets of product to sell for under $500.
If you haven’t shopped our online auctions yet, you’re missing out! Each week, thousands of bidders participate in our auctions. Our 
Texas residents utilize our online auctions to get the things they need for less. In addition to 
Online auctions have become extremely popular over recent years. It makes sense as these auctions allow consumers to get a wide range of products for well below their MSRP value. Many auction platforms, like Lots of Auctions, allow bidders to set a maximum bid on the items they want. This makes it possible to stay on budget, while bidding on several items at once.
Many people utilize online auctions to get the things they need for less. These auctions provide a convenient and exciting opportunity for consumers. Each auction lasts a specific amount of time and bidding takes place both day and night. Although it isn’t always possible to win every auction, bidders can increase their chance of success by learning and utilizing certain tricks.