17 Year Old's First AMAZON Return Pallet 📦
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- เผยแพร่เมื่อ 12 ก.ย. 2024
- #shorts #unboxing #reselling
AMAZON Return Pallet Unboxing - 17 Year Old Entrepreneur
Thanks to GRPLiquidations for this pallet. Be sure to check out Grand Rapids Pallet Liquidations Facebook Group Here: / grandrapidspalletliqui...
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But ya gotta sell it first!🙂🙃
With photography increasing every day with popularity and photographers needing travel bags I’m sure they’ll sell pretty well and even if you don’t do fitness yourself selling health and fitness or beauty products is very easy to do so as well; all in all they hit a lucky pallet as they don’t always go like this from my understanding although I’ll definitely be giving this a try myself 😂
@@hallzyy8023 But anything opened instantly loses value and how many of those are going to get returned after they are sold for a second or third time.
Exactly! Don't get over stocked and not move merchandise. This happened to a friend. It got out of control.
Yes. People think they hit a jackpot...
I doubt they made it over a couple hundred dollars and if you accounted for all their labor probably broke even
My dad always said, "It's worth nothing until you get someone to pay for it."
Like my mint condition Beanie Babies.😂
@@pamengland7863 Tell me about it! We were supposed to be able to retire off of them!!!
That’s where the grind starts
@@pamengland7863found a literal trashbag full with tag protectors and everything at my local VOA thrift store today for $10 🤔 i said man i thought these were collectible and worth a ton of money 😆
$5000 retail = $1500-2k on the resell market if you're lucky. My guess is a lot of family members are getting camera bags for Christmas
😂😂👌
Howling bro 🤣🤣🤣
You mean returning
yup and waffle makers
You get a cameral bag!
You get a cameral bag!
And you get a cameral bag!
Yes you too get a cameral bag!
I do this as a side hustle. Its not all fun and games. Sometimes you'll be stuck with invetory for months and barely make a sale. Selling big items online is tough because your gonna have to be charging for shipping while your competitors have free 2 day shipping and cheaper prices. Its tough. Your better off selling local for cash to avoid the taxes and fees.
That rolling suitcase sells for 159 on Amazon free shipping . I would have to pay probably $30-50 to ship that big ass thing depending on where it's going. I sell as a side hustle too.
Thank you for this refreshing statement. This vids man really mislead entrepreneurs.
That’s mostly what this couple does. Or does lots on ebay
I do just fine on eBay.
@@michael2943 you should check into better shipping programs. I live in the Midwest and this would cost me roughly $16-$22 max to send to California.
Try using pirateship or something like that. I know eBay gives me a pretty solid shipping discount as well
Remember it was all returned for a reason!
It’s alot of lost packages. That’s why it all looks un opened
Plus property taxes, etc… thanks daddy’s dad
Probably all have a similar fault
@@danielmiller1462 They didn't "lose" 18 of the same crappy workout gadget. It's busted junk that was returned.
@@boogerhooks it’s over stock…
Camera person and women seem a lot more involved in this then the 17y/o kickin dust around
Right and half the stuff doesn't work that has been returned or is missing a part the person stole before returning
He knows you gotta sell all the junk before tge new model comes out
I see that😏
@@johncuervo3019Trust me. My big first buy was such a build up of excitement and when I got it....was a bunch of outdated junk, dvds don't even sell anymore and I got so many cell phone covers, plastic dollar store items, just one huge box of disappointment. The older guy probably biught it for the kid and the kid knows it's just a video 😏😆
Count what you paid, ebay fees, shipping cost and TAXES......you'll make about 2 bucks an hour. Don't quit your job.
I resell pallets on marketplace. All cash, no shipping, no taxes. Amazon pallets are trash though. Very popular but it's all generic china crap. Home Depot are best.
I’d rather make $2 an hour working for myself than being enslaved to the man for a false sense of “security”. Gag.
@@TheGrantrepreneur good luck with that
Facts 😂😂😂😂
Think about it though, that’s 2$ and hour for 24 hours a day 7 days a week. 365 a year. That’s 17472 a year in almost passive income. You package up 10 items a weekend and when they sell, slap a label on it and done.
Now take out like 40% for amazon fees and shipping.
Those are all RETURNS! you need to make sure they work, they were returned, and Amazon decided not to stick them in the warehouse for a reason!
There is a reason people return it in the first place
My wife gets shit in the mail everyday and returns it...(mostly clothes) but there's typically nothing wrong with it. It's just the high from getting a package in the mail.
Everyone forgets the percentage of these items that are defective, hence why they're returned. Not all, but alot of them
The only way these are going to sell vs the item from Amazon would be price. It is stupid to compare retail price and gloat. You'll need to cut price big time to get someone to buy. Use that price instead, then see if you still want to gloat. Great learning experience either way...good luck!
Plus, don't you have to already have a super successful and popular website to even be able to attract the traffic you'll need? And if they're selling at a flea market, they'll have to sell for cheap.
I love how they think they will get retail for everything and it will all sell so quick that ull actually see the profit, bless them n good luck
I’m sorry where did we say any of that? 🧐🤦🏻♂️
Wondering if they sold everything 🤔
y'all based ur profit from the retail prices and claimed ur "profit" u would make before u sold a single item. YOU did that in the video
@@JAMIEANDSARAH
Don’t quit your day jobs guys.
I don’t want you to look up what somethings worth. I want you to tell me what somebody has paid you for that product. I see these videos all the time.
I understand that for sure. An item is only worth what someone is willing to pay for it.
Plus they’re used, returned. Can’t sell them as new. So useless to compare the new price
Same here... What are you selling them for and how much profit did you make after shipping costs.and how much time is used to go through all this stuff sell it and ship it again.
Well said
This is fake as heck....lol
5k retail.
You'll be lucky to get 2k back.
But still After paying 450 that's a Comeup
Things are only worth what someone will pay.
I've heard there's a big rush for camera bags.
🤣
They literally say retail value, they know fine well they won’t sell it for that much. I’m absolutely amazed by the comments on this clip. People hating for nothing. Trying to earn a little side money is really admirable for a young kid.
🙏🏻😁😁
Trying to advise someone on a poor business decision isn't "hating." Ever think u might be over sensitive?
Next up- the kids learn about investments: Lottery tickets
Like so many others have said you can likely cut that retail figure by at least 50% and hope all the items are in working and good condition!
For those who don’t know, selling is the tough part with so many options for every product you can think of. I wish em luck.
My friend tried this, he got into his 3rd pallet and realised that it wasn't actually that profitable after all the fees and struggled to sell most of the items, Amazon have been clever with this 1 and I mean real clever your buying all the stuff they can't sell they make money and clear stock space at the same time and that space then becomes a continues space for items that actually sell, your buying Amazon's failed to sell products if Amazon can't sell it you sure as hell can't not profitable anyways
You do know that you can't sell them at retail. Walmart doesn't even sell at retail. They will only sell for what someone is willing to pay. It does show good initiative though. Good luck.
People act like they’re going to sell it all immediately and for retail. Their enthusiasm is always awesome on the first skids. Cute almost
Do not quit your job, i guarantee they get no where close to retail.
Problem is a lot of it’s returned because it doesn’t work or it’s damaged.
I love the way they celebrate touchdowns in games other people played.
Bro should watch Pursuit Of Happyness where that guy buys a bunch of portable x-ray machines that he can’t sell
Ain’t real money until it’s in your pocket
Ive been buying pallets for a few years now. Depending on who you buy from, you will either pay the least for items that are not guaranteed to work, be in good/new condition etc, or pay the most for refurbished or new/unopened product. Everything gets sorted out by the distributors that collect from the retailers, and priced accordingly. So this load he bought can either be a gold mine, a loss, or somewhere in between. 90% of the time its somewhere in between.
This works if you’re one hell of a salesman. Otherwise you’re generally taking a net loss on every endeavor.
This is why people buy something and it comes used
That mom is going to be so disappointed when she hears this swat meet prices lol
10 times your money is pretty good! I’d love to know how long it takes to list and sell. Just curious how much per hour is being made…
This is a good side hustle at best. I said GOOD by the way, not great. You will have trouble selling them for full price. You almost always have to ask less to dump the shit off.
Yeah, it'll be hard to sell all that
All of these guys whining that you have to sell it first and you have fees and all this - fucking come on. It’s a 17 year old of course he’s going to have to put in work. I’m sure that he knows that. It’s better than making 15 bucks at McDonald’s.
the product sux, thats the problem, itll sell slow, huge waste of time, and shipping for heavy bulky items is outrageous, wont make any cash, kid has no experience, wasting his time
Not really, if it was better people would do it….
@@daletaco835He’s 17. He’s learning more lessons doing this than almost anything else. He’s going to build an outstanding entrepreneurial foundation from this, and continue to learn and grow and evolve. You’re on shorts trying to say other people are wasting their time lmfao
@@bizzzzzzle what do you do exactly?
The principal of reselling is not bad. Making a fake video to prop up Amazon return pallets and inflating prices and excitement about products that won't resell to go after other younger people who have no experience reselling is below the standard.
You can celebrate AFTER you find a way to sell all that off while making a profit. A lot harder than going out and buying a big box…
I love buying something and recieving the boxed goods in a condition worse than the package in the 1st scene in "Ace Ventura-Pet Detective".
Still gotta sell and ship it! The shipping alone on that amount of weight is crazy
This reminds me of storage wars. You know where they act like they found a super rare item and they all gasp, then commercial break... lmao
Good job kid! Learning early is awesome!
If u plan to sell it on Amazon, don’t forget about the PPC fees if u want to key-word rank on page 1
My dad always used to say, it’s only worth what someone is willing to pay for it.
This will probably be his 1st and last, once he realises most of it is damaged / returns, and after he pays the costs and fees to list and send stuff.
Also if its 150 in the shop, it's worth less when he sells it.
Worth -$450 until you start moving this stuff.
Nah bro lol , this business is great in the Latino community, many and I mean many buy a lot . I’m in Dallas Texas , 99% customers are Mexicans and they buy a lot
@@jedimaster6442it's trash. I know someone who did it with over 17 pallets. It's not a sustainable thing to do
@predcatcherhawxx1345 that's what it saying idk why people forget that the liquid value of an item isn't what your going to get out of it most of time. If msrp is 450 you will mostly only make 350-200
@@LZRxHWK i understand what you mean, it’s a hit or miss. I’ve bought really good pallets and I’ve purchased pallets that 60% was trash/broken . It just all depends where you buy them from. Many people that sell individually attempts to get the most money which takes them forever to sell. We don’t , we do quick flips meaning if I purchased a $600 pallet, I’ll try to quick flip for double or more. And sells very fast, keeps product moving and customers happy because retail may be $180 and we sell it for $40-$60. We make money and they make money, it’s a win/win for all of us. We already have clientele and most are just resellers
@@LZRxHWKfacts, I sell full time on eBay and I stopped buying liquidation pallets because they were getting ridiculously overpriced and the quality was decreasing. It depends on the programs you’re buying and your sales channel but I see videos like these all the time and I’m just like it’s shT like this and the over saturation of bin and discount stores that have made liquidation even more risky when buying pallets.
Don’t forget taxes. Then doing the work of shipping and possible returns for all those damaged boxes.
5k retail now take 50%off because you can’t sell them for retail.comes to 2500$ not counting shipping and fees
Let’s see…$2500-$450 cost of goods = $2000+ profit 🤷🤔
@@JAMIEANDSARAH if you got it for that price than 100% worth it
With stuff like that you can almost guarantee it sells for 25 percent of retail. So all that work and cost of the skid. Not sure what he paid but $5000 retail soon turns into $1250 when you have sat on the product for 6 months. Could end up making a few hundred bucks that works out to $3 dollars an hour. Now not saying you can't make money but you are not making $4000 dollars a skid. I guess it just comes down to what your hourly rate you make at a career job.
All this was returned for a reason. Good luck selling it though!
A lot of people hating out of jealousy, Neweer is a great brand with excellent sell through. Make huge profit on the camera bags and sell the rest locally for $50-100 here and there.
Don’t count your profits until you see it
I dont think they realize just how much the shipping will cost. Those itrms seem to be heavy. All I can say is good luck
You ain't got nothing until it sells
Now factor in the gas to go to the post office, the shipping costs, and the man hours listing all of it.
5 minute drive, buyer pays shipping, and 10mins to list… just a double up is great
Please let us know his final profit after costs and shipping.
You have to make the buyers pay for shipping.
Shipping of the pallet to him so he can break bulk.
@@Jyooki_kikansha_Otoko in another comment he replied saying it was locally bought and in the video he had the pallet in a car trailer
Good luck selling it all and not having to HEAVILY discount.
Where will you resell these items? Amazon and Ebay Fees are rapacious!
PS WELL DONE!!!
Facebook Marketplace and eBay. We have such big margin with pallets that we don’t mind the eBay fees 👍😊
@JAMIE AND SARAH are these still available?
And "new" or "infrequent" sellers will have their funds held(especially if over $250)for a minimum of 14 days after ebay confirms the package arrived and the buyer has no complaint. They reserve the right to hold funds even longer as the sales amount increases. But, the good news is ebay professes that they do NOT make interest off of your held funds...gotta have something positive, I guess...lol
Thank you for the new word!
Do we always count the eggs before they hatch?
As a full time ebay seller, I wish you all the profits and no returns for all the sales! Wish I started flipping irl when I was younger
Do you buy stuff like this or what do you sell?
@@whydoyouneedmyname6508 view my channel for 23days of what I buy sell
I like buying items that can be carried in 1 hand, less than a pound. The cost to ship those cases is going to be very expensive. And if they are returns you have to check each item out for actual damage. To much risk if you got to pay for this item to be returned.
@@jaderabbit8726 100%
90% of my sales are
When there are lots of the same item returned, it’s generally because the buyers have all found a similar problem with the item. Often if its a mixed amount of stuff it can be because they didn’t like this didn’t like that, however if it’s lots of the same item generally it’s not because they dislike it, but that it’s properly defective.
good luck selling it! that's what those pallets basically are is stuff they can't get rid of.
These guys are living in dream world.
I think its great the kid is not on tik tok all day and has some goals. Thats a good kid. Keep going and ignore the haters
Yeah and my old pair of sneakers are worth $9,000 if I Google it LOL be lucky to get 20. This is adorable. That stuff will be in his garage for 7 years
They were returned for a reason.
Let us know how your nephew does! That is so exciting!!!! Well done!
Sure helps to have a big barn like that. I have a 1 car garage. Wouldnt work
so talk me through wat tha hell yall doin again
1. Buy the return pallet. 2 Sell the items on Facebook and eBay for a profit. We usually can count on half of retail value so this particular pallet would prob sell for $2500-$3k. Minus $450 for cost of goods and that’s a pretty good profit! 🤑
@@JAMIEANDSARAH appreciate an god bless 🙏
@@JAMIEANDSARAH where u getting these?
Sold it all for $380 and 3 weeks of hassle.
Now come the reality of retail sales, selling it and maybe even dealing with locals offering, hey as long as it’s sold and you make money
You really ain’t taking away enough. This is why Amazon loves selling this sht that don’t sell n gets returned because everyone looks at a magic number n don’t consider any of the real costs n time to sell ,the time being more valuable.
Where are these coming from? Customer returns? If so, does that mean potentially defective? You picked it up from an Amazon distribution location?
Yeah... there's a reason they get rid of them. Because they don't sell
If there were that many identical items on a pallet then it means it was a defective run or priced way beyond what it was worth to somebody for the quality of the items, hence the return. So take off 75-95% of the retail price, so after fees and taxes (yes, the IRS is going to find out if sold on ebay) then you will be lucky to make a profit. Let us know how it goes after a year.
You can get these pallets for free if your a weee disposal company. We deal with them average around 200-300 pallets a week. Charge for them actually. UK not USA.
I have read through the comments. I’m taking back by all the negative ones that continue to pour in. This young man is only 17 yrs old. And wants to try and make money. In life taking chances and risk is what makes you successful in life. Through the ups and downs that come with everything you do in life. It’s all a learning experience. In life you have to start somewhere. At least he has the support of his family behind him and encouragement. There is absolutely no telling what is ahead for this young man. For all we know it just might be a stepping stone in the right direction. Who knows where this might take him. With that said, young man don’t give up on being an entrepreneur. I was 43 yrs old when I became self employed and never looked back.
You have to sell them first! 😂 and if you don’t have competitive pricing, they will never sell!
If this is the mindset after the first pellet purchase, it will probably be your last too!
Lets see that pile in month.Counting your chickens before there sold.If its was hugely profitable big money would snatch every palet!!
Are u gonna selling the Amazon return items back on Amazon?
not only sell it, you have to package it, print the stickers according to the orders and sent them to be shipped which for 1 or two its fine but for 100s of products maybe not so fun
3 years later he’s sold almost half of them! Stay in school kids that’s your best shot!
What they are listed at unsold, and what they've sold at are different and this is where people screw themselves.
I mean it's good to see what things are listed at and with things should sell that. But yeah he's right you have to sell it and then you have to hope they don't return it and then you got to. Hope they don't scam you. There's a lot to selling but he's on the right path
People always drastically overestimate the money they're going to make off these.
If you actually watch their channel they go through all the specifics of everything, how to pick pallets, best ways to sell, where to sell, mistakes they have made, pallets they have lost money on…. Everything.
🙏🏻😁
Busted boxes. Good luck with all that.
There’s a reason why they were returned.
Successful people don’t negotiate price, they only negotiate worth. Worth is all that matters. Stay focused. Don’t listen to the negative comments. The naysayers don’t get it. They want instant gratification and they think that everything comes easy. It’s not about the money. It’s about your vision. I’d rather make $2 an hour working for myself than any amount of money working for “the man”.
Do you remember the old saying don't count your chickens before they hatch 🐣
They are adding up like all the work is done. Buy that create is the easy part lol
Meanwhile my small business eats the cost due to amazon never taking responsibility.
Less purchase price, damaged goods, labor, shipping costs, returns & the discount you’ll inevitably put on that when it doesn’t sell quick.
Retail value of each item. What you actually get is a different figure. And some of the stuff could possibly be defective
That computer is worth $40 and the waffle maker is worth $15, not $1000...
Just like Storage Wars, they put retail prices and what they think they made on each item…. But they haven’t sold shit and have no idea how much it’ll go for or how long they’ll sit on it…. Dumb
Remember there all returns. I see them all standing there with there hand out
Won't sell retail.. Plus you're forgetting the shipping fees which will be high because these items are big and heavy. If they're all good enough to be sold, after shipping, taxes and amazon sellers fees, you're probably looking at $300 profit after the items have been marked down around 30-50% retail depending on condition of each item.
But if you do it often, save the profits.. Eventually you can buy new stock at wholesale and then you'd be able to make higher profits because you can sell at retail.
This crap is Amazon returns. He's not going to be able to sell it on Amazon again. It's ebay, craigslist, or the flea market.
So they were returns from Amazon bought at a discount. But you plan to resell at the full price listed on Amazon?
The first will be good to indice you into buying more. Wait until your next one, when you get a box of blankets and a 2 legged stool.
😆