DO YOU HAVE to risk spending £400 on a mystery box – not sure what’s inside but with a high chance the contents could be worth thousands?
After noticing a trend for TikTokers and YouTubers to open mysterious pallets and find everything from Dyson and Smeg coffee makers and cots to the good stuff inside, I did just that.
Last year alone, Google Trends saw 100% of searches for “return pallets” – boxes of items returned from major retailers including John Lewis, Amazon and very.co.uk .
Once upon a time, auction houses like Clearing and Discounting Wholesale would sell these unwanted goods to market dealers and the like, but now they are stocking pallets with less than 10% RRP of content in competitive bidding wars online.
And among the packers are eager social media influencers, whose fans love to watch them unbox their gifts – the video of these people has racked up 2 million views. watch only on TikTok.
“Retail returns can be found in a variety of conditions, from pristine products to second-hand goods in need of refurbishment,” said Helen Marvel, marketing strategist at William George auction house.
“We are currently running two zero-reserve auctions per week for profits sourced from John Lewis, as well as other major retailers including JD Williams and Homebase.”
There is a big downside to returning purchases. . . they may be damaged or broken.
The bidding process is also complicated, with eager shoppers often outbid in the last few seconds, so keeping a close eye on closing times is essential.
After a lot of trial and error I managed to get a £400 John Lewis pallet through William George – a 3ftx4ft electric crate.
The giant box weighed a ton and was wrapped in plastic when it arrived.
I need the help of two people to move it and I don’t know what’s inside, except it’s electrical items. Not knowing the content makes it more interesting.
There are two boxes inside. I ripped off the first one and immediately discovered a Dyson V11 Animal cordless vacuum, originally worth £529.99, but with a fat-removal sticker showing it had been reduced to £349.
Next up, a £319 Smeg espresso machine, £399 Dyson hair straightener and a £199 iRobot jet mop – I didn’t even know it existed.
There’s even a De’-Longhi Prima- Donna coffee machine that you find in hotels, with prices starting around £1,200.
I’m only half way through and feel like I’m sitting on a goldmine!
The second box does not disappoint either. Perched on top is the £599 Dyson PH01 Pure Humidify & Cool humidifier – but it has no packaging and looks very used.
I also took out a Dyson Airwrap, worth £449, which sold out before Christmas, a SimpleHuman recycling bin worth £199.95 and an Instant Pot and Air Fryer, priced at £199.
In total, the contents of my £400 pallet – bought new – amounted to almost £5,000.
Good money maker
After the initial excitement, I tried using everything.
The Dyson Airwrap works – but the straightener doesn’t. The kettle is said to be from 2017 and was also broken.
However, despite a few smashed boxes and products that were clearly used, everything else worked fine – so overall I’m very lucky.
Liquidation companies are nothing new.
William George started 10 years ago, while Gemstone Wholesale formed in 1977, so have been buying and selling second hand catalog items for over 40 years.
For years, auctioneers have tossed products that are no longer for sale on the store floor. But over the past few years, interest in pallets has skyrocketed.
“Sales in all of our auctions have increased since the start of the lockdown and retail pallets have certainly become more popular since then,” says Helen.
Lockdowns mean more people have time, so do-it-yourself and gardening become much more popular – which could explain why mystery auctions are getting so much interest .
Plus, many people – especially those who have lost their jobs or lost their jobs due to the pandemic – have been looking for alternative means of making money.
Pre-sale pallet content can be a good money-maker.
It was a gamble, but my initial £400 outlay on pallets paid off immediately with the first item I opened – the Dyson cordless vacuum cleaner – and that content is worth more than twice as much overall. ten times.
What’s in the box and what is it worth?
Dyson V11 Animal Cordless Vacuum – £529
Dyson Long Barrel Airwrap Complete Hairstyle – £449
Instant Pot Duo Cris & Air Fryer, 8L – £129
De’Longhi PrimaDonna Elite Bean-to-Cup Coffee Machine – £1,279
Bosch Series 4 ProClean Athlet Kit Vacuum Cleaner – £199
Dualit Classic Kettle, Bronze – £149
Dyson Corrale Cordless Hair Straightener – £399
SimpleHuman two-compartment recycling bin, 58L – £199
Smeg espresso machine, black – £319
Dyson PH01 Pure Humidifier + Humidifier – £599
Tefal Pro Express High Pressure Steam Generator Iron – £189
iRobot® Braava jet 240- £199
De’Longhi Dedica Espresso Machine Bundle – £279
https://www.thesun.co.uk/fabulous/17765648/we-try-buying-mystery-pallets/ I pulled out £400 to see if the return pallet trend was worth it and packed £5K gifts from John Lewis