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The first Home Depot stores opened in 1979 in Atlanta, GA. Since then, The Home Depot has steadily become a home improvement paradise. So much so that they hit $37.5 billion in sales for the first quarter of fiscal 2021. For resellers looking for great home & garden inventory to buy, look no further! Since customers end up returning items for various reasons, this in-demand inventory tends to hit secondary markets pronto.
For DIY enthusiasts, contractors, and home & garden resellers, quality home & garden inventory is a must. Luckily, The Home Depot has the best in tools, small appliances, kitchen & bath, and other hardware. And whether shoppers are looking to buy inventory to upgrade their homes, garages, backyards, or front yards, they’re probably looking for a good deal. If you’re interested in buying discounted H&G inventory, you can browse The Home Depot’s official liquidation marketplace — The Home Depot Liquidation Auctions.
Consider this article your one-stop shop for everything you need to know about Home Depot inventory!
From external garden projects to tackling fixer-uppers, Home Depot is most DIY warrior’s go-to. With a relaxed returns policy (which we’ll touch more on later) it’s likely that Home Depot will be liquidating even more returned merchandise this year than ever before. Fortunately, as a buyer, this is good news for you as you can find plenty of auctions on Home Depot Liquidation Auctions.
Well, quite a lot actually. Home & garden inventory includes:
For home improvement and renovation projects especially, the Home Depot marketplace can support all your needs! You can find inventory like:
You can bid on customer-returned and overstock tools, power equipment, appliances, window blinds, building materials, hardware, flooring and shelves, kitchen and bathroom, and so much more. Your customers’ projects will be underway in no time. And the best part about an auction setup– aside from its transparency– is you never pay more than you want on inventory! You just set your max bid and let our auto-bidding system do the work for you.
The home & garden category is a big one, and marketplaces like The Home Depot Liquidation Auctions have much to offer business buyers. For starters, these items are typically more steadily in demand throughout the year. And most importantly, home & garden inventory yields higher returns. A simple fix on items like lawnmowers or power tools that are being liquidated at 10-15% of retail, you can get a really good return.
There are a couple of reasons.
For Home Depot, this means a lot of returns and overstock taking up valuable floor space, warehouse space.
Prior to the lockdown, the Home Depot return policy stated that most new and unopened products could be returned to the store within 90 days of purchase. To make the return, you would need to provide an ID, a copy of your receipt or shipping confirmation email, and the original method of payment if you paid with a credit or debit card. Of course, there are some items that cannot be returned, but for the most part, Home Depot is known for making the process of accepting returns simple and efficient.
If it ships from a warehouse closer to you, you’re looking at a lower cost in shipping. Generally, more miles = higher shipping cost. Home Depot auctions are listed out of warehouses in these cities:
You should also consider the inventory type and condition. For example, is it customer returns? Were they dot com returns or in-store? Dot com returns are notoriously in better shape. Is the inventory uninspected? Would be okay with some light cosmetic damage? Aside from new and like-new inventory, you should also consider the following conditions:
Consider your storage space and also how quickly you can resell inventory. If you are limited by how much space you have, a truckload with 24 pallets might not be the route for you. But, a few pallets on an LTL (less than truckload) — which can be anywhere from one to 10 or 12— might be more manageable. But again, consider how much storage space you have, and who will help you unload, sort, and process your shipments. Read 9 Tips for Organizing Your Liquidation Pallets for more help in this area!
There are a few things you should keep in mind when reselling Home Depot returns.
You can source a variety of home & garden items from Home Depot Liquidation Auctions. Hopefully, you’ve had some of your questions answered when it comes to Home Depot products, pallets, and potential reselling profit! To start sourcing the best in liquidation, overstock, and customer returns, register for The Home Depot marketplace today!