Quicklotz is one of the most popular liquidation wholesalers. The company has been working in this industry for a long time and has in-depth knowledge about the ins and outs of this market. This company has been selling bulk liquidation merchandise to businesses and has amassed a solid client base. It has more than 9000 customers from 45 countries all over the world.
The company works with some of the biggest retailers like Amazon, Walmart, Target, etc. and sells truckloads or pallets of liquidation stock from these companies. But besides the normal pallets and truckloads Quicklotz is popular for putting up mystery boxes for sales.
These mystery boxes can be risky to invest in but there’s a good chance that it can be lucrative for you too. So, today let’s take a look at the mystery boxes which are sold by Quicklotz. We will understand what it is all about and then discuss the pros and cons associated with it.
What is Quicklotz’s Mystery Box?
Quicklotz is a company that has been involved in the liquidation business for a long time. What they do is take the overstocks, shelf-pulls, customer returns and saved goods from retail giants like Amazon and Walmart. Amazon, eBay, Walmart have big warehouses in which they stock items.
To ensure faster delivery what these companies generally do is stock items to the brim so that the product can be directly delivered from the warehouses. But it might happen that many of these products do not sell that well and might sit on the shelf for a longer duration. Other items might be overstocked.
Warehouse space is a big commodity when it comes to these businesses. So, rather than have an item sit on the shelf it is much more profitable to replace it with the item which will do better and then sell the former for a lower price. Then there are millions of customers who return products to Amazon. It will take time and money to put these back on the shelf so selling them at a cheaper price is much more beneficial to the company.
Quicklotz buys these items in bulk for a much lower price and then puts them up for sale in units of truckloads or pallets. Many of these items are also put into boxes randomly and then sold in the form of mystery boxes.
So, a mystery box is a box with different items in it that the buyer will have very little idea about. This does not mean that you will receive random items. For example, if you are looking to buy an Amazon mystery box from Quicklotz then you can expect Amazon returns, overstocks and shelf-pulls. The exact items in the box will still be a surprise to you which can be a bit risky.
But don’t worry as many of the goods that come from these big retail companies are not damaged and can be sold to get a good profit. This is because when you buy the mystery box you receive around 100 items for which you have paid around 10% of their retail price. So, if you can retail this at their original price or even with a discount then you will be able to make good dough.
What comes in a mystery box?
As we have mentioned before it depends on the type of mystery box you are choosing. By type, we mean the company that the mystery box contains items from. But yes even though you cannot directly ascertain what’s in the box you can expect to get the basic items sold by the retailing company.
So, you can expect to get t-shirts, sports gear, utensils, kitchen appliances, electronic toys, smartphone back covers, gaming controllers, electronic devices, books, jewelry, home decor, watches and a lot many different things. If the retailer sells an item then there’s a chance you might get that in your mystery box.
All you can be sure of is that you will have around 100 items in the box. You will have paid around 10% of the price for each item. So, yeah there is a good profit margin if you get the right items.
How to get a Mystery Box?
To get a mystery box you need to go to the Quicklotz website. There you can click on the navigation icon to open a side menu.
From there, you can select cases. A new page will be loaded which will have various options for buying different types of mystery boxes. You can also search for mystery boxes in the search bar.
How much does a mystery box cost?
Depending on the category of the mystery box it can cost anywhere from $180 to $500.
Pros & Cons
There are some pros and cons involved when it comes to buying a Quicklotz mystery box. Let’s look at the advantages.
1. You can make a good profit if you get the right items as you are only paying around 10% of the original price of the items.
2. Even if you get a couple of really good items then you can make your investment back. So, you do not have to take a huge loss.
3. You can keep some useful items for yourself as you have bought them for quite cheap. So, it can save you some money that way as well.
Now, let’s look at the cons.
1. You do not have any specific idea about what you will get. So, you can get a random assortment of products which you might not be able to sail through your retail channel
2. You might receive broken or damaged items. So, there’s a good amount of risk involved. As you might not be able to sell every product and the others might be old or damaged. This means you might not be able to make any profit.
As we have mentioned that there is a chance that you will receive a couple of items that can pay for the whole box. So, you can take a chance.
Also, since you are not investing thousands of dollars into buying truckloads of stock which might have less but still a high risk then most times you will not face a big loss. But if you are looking to do business with much more certainty then you can go for truckloads or pallets which have better documentation of what you can expect to get.
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