Liquidation Pallets – What to Expect on Your First Order
Thinking about scaling up your online reselling side hustle? It may be time to start sourcing liquidation pallets! But, what do you need to keep in mind before you receive your first pallet delivery? Read on for our step-by-step BULQ pallet guide.
Buying Your First BULQ Liquidation Pallet [Video]
Step 1: Plan Ahead for Liquidation Pallets
When looking to grow your reselling business, pallets of liquidation inventory are a great way to source more items at a cost-effective price point. But, there are a few things to know before hitting that “purchase” button.
Factor in Pallet Shipping Costs
First, familiarize yourself with BULQ’s pallet shipping costs. BULQ’s calculated rate varies based on the pallet’s size, weight, density, and distance from its final destination. When doing pallet pricing research on the manifest, you’ll need to factor in shipping costs to determine your reselling margins. Is this inventory going to be profitable?
Multiple Liquidation Pallets at Once
Next, consider adding multiple pallets to your order to receive the lowest freight rates per pallet, and increase your margins for resale. Make sure you have enough space to store your order once it’s delivered. However, if you are completely new to reselling, we encourage testing the waters with a single pallet or case before ordering multiples at a time.
Know the Pallet Delivery Requirements
Lastly, understand BULQ’s pallet delivery requirements. Unlike cases, which can be dropped off at any time, pallets require scheduled deliveries. In order to coordinate delivery, you must include the name of the receiving customer, a regularly-checked email address, and an active phone number.
Keep in mind, if a BULQ or shipping company team member can’t get ahold of you at the time of delivery, your pallet may be delayed or marked “refused,” making it ineligible for a refund. Learn more about our shipping requirements in our FAQs.
Real Delivery of Liquidation Pallets [Video]
Check out this liquidation pallet unboxing video from Hooked on Pickin‘ to see what it’s like to get a BULQ liquidation pallet delivered in real-time!
Step 2: Get Liquidation Pallets, Shipped Right to Your Door
Pallet Transit Time
All BULQ liquidation pallets are shipped using a third-party logistics provider. Although total shipment time can vary based on location, most pallets arrive within 7-10 business days. As with all BULQ orders, you’ll receive an order confirmation email with a tracking number to help estimate your pallet’s arrival.
Pallet Delivery Tracking
Once the order is placed and fulfilled, a third-party provider will ship your pallet to a local freight forwarding service for delivery. This will be reflected as “Transferring to Delivery Terminal” and “Checked into Delivery Terminal” statuses in your tracking information. Once this happens, the shipping facility will call your provided phone number to schedule delivery.
Step 3: Pallet Unboxing Time (Yay!)
How Your Liquidation Pallet Arrives
Your order will arrive on a freight truck that includes lift gate service if your address is marked as residential in your account. That means you won’t need any special equipment to unload the pallet. However, keep in mind that pallets are large (measure approximately 48”x40”x42”) and often heavy. Be sure to have plenty of space cleared out to receive and unbox the merchandise.
Share Your Pallet Unboxing
Many resellers also use this receiving/unboxing experience as a chance to create video content to share with other resellers. Learn more about how to create your own pallet unboxing video for YouTube here.
Issues with Pallet Delivery or Liquidation Items?
Document Pallet or Inventory Damage
If you notice damage or improper handling of your BULQ liquidation pallet during delivery, be sure to note it in your Bill of Landing (BOL). You will be asked to sign your BOL once the delivery is complete. You should also take photos to document these damages before unboxing your merchandise.
Pallet Delivery Issues
If there’s an issue with your actual delivery, please contact firstname.lastname@example.org within 24 hours. DO NOT refuse the order, as refusal charges will be applied. No refunds will be issued for orders refused at delivery or for failing to schedule delivery with our third-party freight carrier.
Ready to start sourcing?? Check out our newly added pallets on BULQ.com now!