Liquidation pallets are an opportunity to purchase overstock and returned items from your favorite retailers at a fraction of the price, allowing your business to resell them at a profit. But there are a wide variety of products and wholesalers to choose from, and you want to be sure to select the right ones for your business needs. To help you identify the best options and make smart buying decisions, here are a few pallet buying tips.

How to Buy Liquidation Pallets

1. Find a Reputable Supplier

When you work with a reputable supplier that has a strong track record in the industry, you can be confident they offer quality merchandise. Seek out suppliers who specialize in the types of merchandise you're looking to resell; this will give you the widest selection from the top manufacturers. Don't hesitate to ask a liquidator about the stores and brands they partner with, as this will tell you a lot about the types and quality of merchandise they're selling.

2. Obtain a Reseller's License

If you don't already have one, you'll need a reseller's license to buy and resell wholesale goods. This ensures that you avoid having to pay local sales taxes, which means you'll have more money to devote to the business and to its success. You can usually obtain a reseller's license right from your state's department of revenue. This will allow you to open an account with a liquidator and start shopping for pallets.

3. Don't Forget About Shipping Costs

Remember that shipping costs are often not included in lot prices. Before you buy, take the time to calculate transport and delivery expenses into your overall investment. These expenses will vary based on the size, weight, and destination of the goods. Many liquidation warehouses can help you arrange shipping.

Start shopping for liquidation pallets today at Miami Valley Liquidation Center. Located in Moraine, OH, they offer the Dayton area a comprehensive selection of discounted products. They buy pallet-sized overstock and customer returns from top area stores and sell them to you at rock-bottom prices. Call (937) 741-3828 or visit them online to learn more.