In the age of Amazon domination, things have been rough for brick-and-mortar brands. Many have fallen into bankruptcy because they couldn’t keep up with digital behemoths. Yet some brands have risen above the digital disruption to create a brick-and-mortar brand that consumers love. One such successful brand is Best Buy.
Best Buy stores are always buzzing with customers clustered around tables and displays featuring the latest tech toys and tools. Their product offerings are some of the most sought-after brands on the market, and they come with expert help in the form of a knowledgeable sales staff and Best Buy’s “Geek Squad” to help patrons solve any tech problems they might encounter.
Consumers seem to love the brand and all they have to offer. As a reseller, it’s only natural to want a piece of this action. Fortunately, there’s a way you can get in on the sales love too! Best Buy liquidates pallets and truckloads full of returned merchandise at huge discounts through online auctions. Resellers bidding and buying Best Buy returns lots can acquire some of the hottest merchandise on the market for a fraction of the retail price.
In general, Best Buy’s returns policies are pretty simple and straightforward. There are, however, a few things consumers should know.
First, loyalty status matters when you’re returning an item. The standard returns and exchanges period for most products is 15 days. If you’re an Elite member of their “My Best Buy” program, however, you get twice as long – 30 days. What’s more, Elite Plus members can return most items up to 45 days after purchase.
Next, if you return some products, you might have to pay a “restocking fee.” For cell phone returns, this is a standard $45 fee. For other special products, such as drones and DSLR cameras, Best Buy will charge 15% of the purchase price. You can avoid these fees if the product is unopened or if you live in a state where restocking fees are prohibited by law.
Because Best Buy returns are such an easy transaction in most cases, the store processes many returns every year. Fortunately for the secondary market, most of these returns are never placed back on the shelves, instead ending up in liquidation auctions on sites like B-Stock.
Most Best Buy B-Stock liquidation auctions are either full truckloads of merchandise or LTL (less than truckload) lots. They include products in a variety of conditions, including:
You’ll find Best Buy liquidation auctions that ship from cities across the country. These include locations like:
As noted above, Best Buy sells some of the hottest merchandise in their stores, then liquidates overstock and returns. This means quite a few top-tier products wind up in Best Buy liquidation auctions.
Best Buy liquidations feature trusted name brands such as LG, GE, Samsung, Shark, and Whirlpool. The products most commonly liquidated from Best Buy are both large and small appliances. You’ll find kitchen appliances such as refrigerators, microwave ovens, ranges, and dishwashers. Laundry appliances like washers and dryers are very popular too. There are also typically lots featuring mixed appliances or even just mixed small appliances like vacuums and air conditioners.
If you’re in the appliances market, check out our Best Buy returns liquidations. Register now to bid on these sought-after items and stock up on some of the best appliance brands available. Your bottom line is sure to thank you!