The practice involves participating in auctions or similar competitive processes to purchase merchandise that has been sent back to Amazon by customers. These items, often sold in bulk lots, can range from new and unopened products to those that are used, damaged, or incomplete. For example, a bidder might acquire a pallet containing a variety of electronics, clothing, or household goods with the expectation of reselling them individually for profit.
This activity provides an opportunity to acquire goods at prices significantly below retail value. For some, it serves as a primary source of inventory for resale businesses, offering potential for substantial earnings when managed effectively. Historically, the availability of returned merchandise has allowed entrepreneurs to source products at reduced costs, fostering a dynamic marketplace for both buyers and sellers.
