The desire to connect buyers and sellers to each other has often been a challenge for providers of off-price merchandise. PalletBid.com was created by American Merchandise Liquidators, Inc. as a way to give their customers a way to bid on a vast supply of assorted pallets, truckloads, and lots. Purchased from nationally recognized retail stores and other sources, AML sells a variety of merchandise below wholesale prices, with one of the largest inventories in the business. PalletBid.com, started in January 2011, helps retail stores, catalog companies and online stores dispose of surplus inventory by connecting them with off-price resellers that sell at flea markets, auctions, and online.
Everything Needed For Searching and Purchasing
PalletBid provides an interactive online marketplace for both buyers and sellers to source surplus inventory, featuring a powerful and easy to use interface, online freight and payment services, downloadable manifests, interactive services, and an innovative search utility. With the knowledge of American Merchandise Liquidator’s 19 years of experience as a bricks and mortar liquidation company, the highly skilled staff can answer any questions a seller or buyer may have.
“The basic need for PalletBid.com was to put the inventory that we have in front of the buying public,” says Gerald Hughes, president of American Merchandise Liquidators. “That was the reason we were looking at creating a website, because we have a lot of merchandise at American Merchandise Liquidators, and we needed a medium to display that inventory.” Specializing in all products that can feasibly be shipped by pallet or truckload, including general merchandise, electronics, health and beauty aids, house wares and home appliances, sporting goods, tools and equipment, PalletBid.com usually has between 2,000 and 3,000 pallets available and ready to ship, updating inventories on a daily basis.
“We specialize in bulk mixed assortments, which we offer by the pallet,” Hughes adds. “No two pallets are the same, and we’ve recently began accepting select vendors with certain products to display on our website, as a service to our buyers.” PalletBid sells overstocks, shelf-pulls and customer returns merchandise, primarily out of their warehouse in Foley, Alabama, which customers can visit to pick up the merchandise directly when possible. AML carries nationally recognized brand names and private label goods, and will occasionally carry seasonal merchandise.
How to Sign Up
For buyers, the process of signing up on PalletBid is very simple. The first step is to fill out a short registration form, and then begin taking a look through American Merchandise Liquidators’ inventory and request instant shipping quotes. Once the account is approved, the user will be able to bid on any item within the inventory, or can click on the “buy” button to immediately secure the purchase. To complete the transaction, the next step is paying online with a credit card or contacting one of AML’s representatives to pay by wire transfer or cash. There is no minimum purchase requirement, but buying in small quantities, such as a single pallet, can be cost prohibitive due to the cost of freight.
PalletBid is a good fit for the flea market vendor because they can receive quality mixed merchandise at an extremely low price. Hughes notes that because American Merchandise Liquidators has operated out of the same location for nearly two decades, they have built a relationship with local vendors. “We’ve established a flea market trade locally that visits our warehouse and take the pallets with them, kind of a cash and carry type thing,” he says. “But PalletBid exposes our offerings of over 70 truckloads of merchandise that we keep in our warehouse to the public, and allows them to see the availability before they travel, or before we ship the goods to them.” He adds that the vendors that PalletBid.com has sold to so far have been pleased with the service they received, and the goal is to further build relationships with vendors across the country.
For more information:
PalletBid.com/American Merchandise Liquidators
15810-A Highway 59
Foley, AL 36535