Flippin’ Pallet Profits

by Ryan | Mar 29, 2024 | Blog | 0 comments

Many, MANY years ago…

Back when I was fresh out of school, and in desperate need of some beer money…

I briefly had a holiday job in a local warehouse.

All through the day, trucks arrived to unload goods at the back, while other tucks took out goods from the front.

I was in the front end.

My role was to arrange items on pallets…

…then wrap them several times in cellophane, so the forklift truck could put them onto lorries.

Now, don’t get me wrong I salute those who are prepared to do jobs like this…

But, boy, was it boring.

All day long, round and round the pallets I went… clutching the world’s largest roll of cling film…. until the tightly wrapped pile of products looked like some kind of bondage scene from a dodgy film.

There is really nothing glamorous about a pallet, is there?

For decades afterwards, even looking at a pallet gave me the shudders.

Yet here I am… wiser, older, and with a slightly different perspective on pallets.

Because I know that for some people, pallets are an absolute goldmine.

They can be bought wholesale at knockdown prices (we’re talking as little as £10!) and sold for many hundreds of pounds within days!

It’s an example of something known as ‘flipping’, where you find a low priced product in one place, and sell it almost immediately for a higher price somewhere else.

No it’s not glamorous. It’s not exotic. But it really does make money.

So let me give you a crash course in this classic moneymaking enterprise.

First, let’s start with good old pallets.

How to Flip ‘Return Pallets’

‘Return pallets’ is a term for pallets of goods which have been returned to various high street and online stores.

Sometimes they include surplus items that are out of catalogue, products that have gone missing in transit, or stock taken from bankrupt businesses.

They are auctioned off at bargain prices where you could get a serious steal… or sold directly at a fixed price that is way below the estimated retail value.

Examples of products include, vacuum cleaners, bikes, tables and chairs, scooters, limited edition Lego sets and children’s toys.

The contents are usually in perfect condition so they can be resold at a higher price.

However, sometimes there might be parts missing or damaged items (usually they will indicate this in the sale) so it would require some fixing, combining or repackaging before resale.

They have become a hot trend for those seeking to make a fast profit from a small investment, with a flurry of media stories about people making jackpot amounts from lucky purchases, or entrepreneurs taking a systematic approach, investing in multiple pallets to make a second income.

For instance, The Mirror reported on Emma Hamilton who left her 9-5 job to flip return pallets.

She says that if she buys one for around £700, she can earn up to five times that amount from flipping the contents. She sells £50,000 of items a month on average, and makes £10,000 profit each time.

Of course, the twist is that you usually don’t know what’s inside the boxes on the pallet, which does give this an element of risk.

However websites that sell return pallets usually categorise them by type, size, brand, retailer, and location.

Often you’ll know what the general category is, for instance clothes, furniture or electronics.

They could contain small appliances like toasters, games consoles or kettles, or bulkier items like refrigerators, bikes and washing machines.

While the contents remain a mystery, the bundle usually includes an ‘estimated retail value’, which shows you how much you could make if all the contents are in perfect condition. (And even if they aren’t savvy buyers can make a profit by refurbishing, fixing or repackaging.)

As a rule, the more pallets you buy in one swoop, the lower the cost of each individual pallet will be.

The price can sometimes be very low.

For example, I found a pallet of electrical returns with only 4 hours of auction left that was going for £10.

Although bear in mind that for this small investment, you’d only be looking at a small potential return of £50.

Saying that, you could start small with a £10-£50 pallet and keep reinvesting your profits into larger and larger purchases with much more profit potential.

Here’s where you can find your pallets….

First, register on the Amazon EU Liquidation Auctions marketplace by going to this link: https://bstock.com/amazoneu/

Then try these websites:

As you can see, these websites aren’t just about pallets.

They offer all kinds of individual products you could flip for a quick profit.

So if investing in an entire pallet isn’t for you…

How to Flip Ex-Catalogue Goods.

You can buy individual items as ‘Ex-Catalogue Goods’ and resell them for a higher price on Amazon or eBay.

These come about when a company orders too much of a product and can’t sell it all, they sell the excess.

Alternatively, when a product line is discontinued, the remaining stock is sold off.

Or sometimes a company wants to get rid of returns, eg. items that were the wrong size or colour, or products that the customer decided they didn’t want after purchase.

Flippin’ Pallet Profits

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