IT'S the popular craze generating some big bucks for a little investment.

As the hype for return pallets continues, here's how you can get your hands on one.

What are liquidation return pallets?

For many retailers, when an item is returned from an online or in-store purchase it cannot be sold.

While many have turned to liquidation and wholesale to resell their excess inventory, some struggle to keep up with huge quantities.

As an option to get rid of bulk goods, liquidation pallets are sold to buyers who hope they come across a product with no faults, minimal damage or that can be fixed.

Some people make a living out of refurbishing goods from return pallets.

From January 2020 to January 2021, online returns alone cost UK retailers an estimated £5.2 billion a year on average, according to PaymentSense's annual report.

The data, released in December last year, showed 'serial refunders' cost UK small businesses an average of £15,600 a month due in 2021.

Analysis looked at the top 500 retailers in the UK to see which customers were searching the most for free returns.

Amazon topped the list with on average 4,400 searches per month, followed by ASOS, Shein, Zara and Boohoo in make the top five.

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Where can I buy a liquidation return pallet in the UK?

For Amazon pallets, the company partnered with B-Stock to launch Amazon Liquidation Auctions.

Amazon Liquidation Auctions is the official b2b marketplace where you can buy overstock merchandise directly from Amazon.

In order to bid on an auction, you first have to register with B-Stock and be approved to bid. There is no fee for applying or for being an approved buyer.

Right now, Amazon Liquidation Auctions is only accepting applications from the US and you must have a valid reseller certificate to be eligible.

In the UK, you can register on the Amazon EU Liquidation Auctions marketplace separately.

At B-Stock's website, a whole list of retailers

Who else does return pallets?

Enthusiastic shoppers have been able to scoop

One couple revealed they made enough money to cover their mortgage payments by selling off products in an Amazon returns pallet.

Jamie and Sarah McCauley who live in West Michigan bagged two boxes full of returned electrical equipment for £750.

Inside the pallets, the couple found themselves four Nespresso machines, two microwaves, two deep fat fryers, and three air fryers just to name a few.

Here's more retailers that sell return pallets:

• MartHill International
• gemwholesale.co.uk
• wholesaleclearance.co.uk
• Ebay
• discounthouse.co.uk
• williamgeorge.com
• now-sale.co.uk
• hopite.co.uk

For more pallet profits, this couple paid £18 for a return pallet and came away with £10k worth of goods.

And this woman revealed what she found in her Amazon beauty returns pallet.

Plus this woman hit the jackpot with her John Lewis returns pallet.

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