What we learned starting a liquidation pallet business

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Ever wanted to start a RU-vid Channel for your business or need a content manager for instagram reels? Let me help you like I've helped dozens of entrepreneurs start, grow, and monetized their channel to create a new source of income and increase their sales plus grow their personal brands and following. DM on IG here: / reyestheentrepreneur
Follow BP Liquidation Pallets Here: / bppallets
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Check out the other hustles I've tried
🍬 Candy and Vending Machines - • Vending machine business
📦 Liquidation Pallets - • Liquidation Pallets
🧼 Detailing Business Ride Alongs - • Detailing Business
🚕 Delivery Gigs - • Delivery App Hustles
💰 Different Types Of Hustles Ride Alongs - • Different ways of maki...
👕 Growing A Decal/Shirt business - • Growing my shirt/decal...
Start Your Own Custom Shirt Business Tips - • Start a shirt/decal bu...
🖨️ Direct To Garment Printer series - • DTG CUSTOM SHIRT SERIES
📈 Investing In Stocks - • How Much I Made Invest...
🚚 Ebay Hustle - • Growing my ebay business
🏠 Being Homeless For 3 Months - • Being Homeless for 3 m...

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18 окт 2022

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Комментарии : 178

@ReyesTheEntrepreneur Год назад

@Sonic_203.. Год назад

ᴄᴏɴɢʀᴀᴛᴜʟᴀᴛɪᴏɴꜱ☝️🎁☝️ʏᴏᴜ’ᴠᴇ ʙᴇᴇɴ ꜱᴇʟᴇᴄᴛᴇᴅ ᴀᴍᴏɴɢ ᴍʏ ꜱʜᴏʀᴛʟɪꜱᴛᴇᴅ ᴡɪɴɴᴇʀꜱ ᴛᴏᴅᴀʏ⬆️🏆💯💯⬆️✅

@hectorpalacioo Год назад

Rule #1 - NEVER get high off your own supply 😂😂😂😂😂

@radkid1791 Год назад

ONG 😂. Sounds like if he motivated more time he’d have more sells

@neilmccoy-ward8087 Год назад

‘’Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."

@michaelcollins1220 Год назад

Making it out at a young age is quite difficult. I started a side hustle at 17, saved up and made some good investments. l'm 28,live on my own and having a good life for myself. Big ups to you and everyone out there trying

@muyiwamg8841 Год назад

Sounds like plan, how do you put money to work?

@michaelcollins1220 Год назад

Yes it sure is. I put in money in investments and get profits. That 's how I make more money without working. This does not sound new to you right ?

@muyiwamg8841 Год назад

@@michaelcollins1220 Thanks for replying me, I've heard so many people talk about investment but none had said how to do it right.

@steceymorgan814 Год назад

Am hoping on you can explain more on how you make extra income from investments

@porchard3628 Год назад

Pallets are cool! Put ur heart in to it! You can do it brother!

@thetwentyeight5162 Год назад

Reyes, I really like how you give raw and honest feedback about your entrepreneur experiences. I feel like you are an inspiration to the newbie every day entrepreneur. Not alot of fluff and BS like alot of these other channels show. Keep up the hard work!

@jamesdrew296 Год назад

Investing in the stock market & crypto market is the best option to make a passive income. Virtually all the markets are crazy, most people pay more attention to the shiniest position on the graph, I'm keeping a diversified portfolio. !!!

@Wellingtonluzia3 Год назад

Investing in stock is a good idea, a good trading system would put you through many days of success.

@carmindaAntunes Год назад

Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $120K to $370K in a short period of time. I basically was just following the steps and guideline from my financial advisor *PATRICIA DRITA JOSEFINA* as long as you've professional help, you're good to go

@Antoniovieira2792 Год назад

@@carmindaAntunes That's impressive!!! I could use the expertise of this advisor, my portfolio has been stagnant..... How can I get started with PATRICIA DRITA JOSEFINA ??

@Margaret35577 Год назад

@@carmindaAntunes please how can I reach this PATRICIA DRITA JOSEFINA guiding you?, how can I contact her directly? i have lost so much as a beginner🥺 investing into stock without a proper guidiance of an expert.!!!!!!

@carmindaAntunes Год назад

*PATRICIA DRITA JOSEFINA* is the advisor that guides me, She has years of financial market experience and she is also FINRA & SEC verifiable, You can look her up internet &, message are there

@paulclarke7696 Год назад

Love hearing your good news! Keep it up!

@Khanshustle 2 месяца назад

I have started this business as my main hustle. I have small team in Asia helping me with listings and product research. I have good leads coming and I am able to make good living from it. There is one thing about liquadation which I absolutely agree with you is over head cost but it’s all about volume game. If you have a Better product research and and good database of the products the chances of inventory staying in the lot get minimal.

@livewutangclan 8 месяцев назад

you have a great spirit man everything will come

@carlosborja904 Год назад

I live in Yakima, WA and this guy opened up a liquidation store not to long ago, and he buys a bunch of those pallets and sets everything up in the store, and gets a lot of customers, honestly I think that’s the way to go Reyes!!

@javadose317 Год назад

There’s one like that here in Evansville Indiana been open a few years but ever Friday and Saturday there’s ALWAYS a 100yard line outside the building

@Mistymeener Год назад

My wife and I are in Kennewick and looking to start one up down here. We already do storage units so why not jump up to liquidations!

@ipodtouch470 Год назад

When I was younger I bought a liquidation pallet from a liquidation store. Don’t do it and use common sense unlike me lmao if it was good stuff they would have put it in their liquidation store.

@michellevera1269 Год назад

You’re honesty is refreshing.

@Sonic_203.. Год назад

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@beeslandscaping Год назад

Nice congratulations 🎉

@Dobie20 Год назад

I buy pallets. I do not put them together for the customer. I check for the parts. I let them know they have to put it together. It doesn’t affect my price at all and I seem to have great reviews. Maybe you guys might want to try just checking for parts and let the customer build it themselves. Saves so much time!! I always let people know they are liquidated items, so that’s why they are 40-50% of retail! I wish you two the best! I’m sure you will do great whatever direction you will go :)

@lillieperkins7221 Год назад

From where

@user-ix5rr4ii6y Год назад

@Lillie perkins My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@OfficialSeth Год назад

Dealing with pallets looks like it'd be a major pain in the ass plus you'd have to store all of that stuff for who knows how long. RU-vid is definitely the way to go for you, Reyes.

@terifran Год назад

Reyes I love your channel. I been here since the beginning. I will always love listening g to you. Please keep making your videos! Any video I will watch.

@Sonic_203.. Год назад

@Wraith26 Год назад

I've been watching your channel for sometime now and one thing I don't like about it is how you start a business, give it a chance then you drop it and move to something else. I get that you want to make money but in order to make the business grow it will take time and lots of learning. Feels like I'm watching a sitcom show with new scenarios and every episodes is a new thing. I want continuation, a struggle and the learning to unfold. I don't want to watch Seinfeld I want to watch Breaking bad if that makes any sense.

@DominickBarbato Год назад

Sweet 🎉🎉

@relaxingmusicandsoundsfors1121 Год назад

Lease a warehouse and open up a auction house for your items. As the money grows how hire a crew to assemble the items and grow your inventory to max capacity.

@Sonic_203.. Год назад

@frontyarddetail1488 Год назад

you should make another video on junk removal! Make an update video on Sonoma strong hauling and see how much they have grew their business!! Will benefit both you and them. Will be a great video that will bring in lots of traffic!

@EdwardSanchezProductions Год назад

Reyes at least you try your best

@Invertmini1212 8 месяцев назад

Also a big thing on making good money with these is your location… Were doing this in PHX with two warehouses and were doing 30k a month. Also you need to make it a business with direct links to your site etc, business cards.. Youre not just reselling but building a brand/name.

@FISHINGWITHARTHURMORGAN Год назад

Great video Reyes! One tip on low ballers, price higher than what you want. For example, if you want $150 for a table, price it at $225. If someone asks to reduce the price, give them a percentage off that will end up being $150 or higher. That way they feel they got a deal but you walk away with cash in your pocket. That's SwapMeet 101.

@LALAKERSHOW Год назад

U could only do that if no one in ur area is already reselling for a lower price, cause that just makes getting offers even slower

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@Yui789esss 9 дней назад

Then the no-low ballers people will be reluctant to buy from you 😂…. On top of that, low ballers are people that are unreliable when they say they will pickup …. Just price it a tiny bit over what you want and cut prices on a daily/weekly basis till it sells ..: also, get lots of positive reviews so you get most of your value

@lifewithsoniamarie 2 месяца назад

My brother started with one pallet, and five years later, he eventually had to get three storage units. His business started growing, but he sells on almost every platform to humanity. 😂

@cbsjourney Год назад

Try selling at your local swapmeet bro

@robincruz7033 Год назад

Your the example lead by showing the way to Financial freedom

@Motorsportsgeek Год назад

Ebay online shipping for me only, dealing with general public in sales is just not worth it.

@Westcoast10 Год назад

Facts, eBay is the way to go for selling liquidation. Tbh I think Reyes would of done better if he started selling stuff online, and found a new supplier. I buy liquidation and BP pallets did not impress me at all.

@mos.hijinks Год назад

Try a yard sale when you get the premiere items off.

@RoboRiftRavager Год назад

I have been doing this for 2 years and go nowhere with it. But I learned that you need to go bigger. Start off by buying individual pallets and the profit you get from it keep saving it until you can by a truckload of pallets and then you will be creating a real business. It may take 2 to 3 years of reselling single pallets but once you can save $10 to 15k then you can resell a truckload and make up to 50K then buy another for 15k then you left with 35k then make another 50k and then your making money

@jonathanguzman4745 Год назад

I think you would be a millionaire by now if you would have stuck to candy machine/vending machine videos

@thechemi5083 Год назад

Absolutely I see everyone getting big on RU-vid then they change their videos up and it's never the same.

@OscarMartinez817 Год назад

@@thechemi5083 I mean there’s only so much you can teach about the same topic until it’s just repeated content.

@thechemi5083 Год назад

@@OscarMartinez817 no there's literally a whole other youtube who makes Nothing but Vending machine videos and he's super successful. He makes new vdieso showing how much he's making and his progress I understand why Reyes stopped. I know a lot of you tubers who have a Neche and get tired of conforming to it.but it absolutely effects their channel.

@thechemi5083 Год назад

@Taotl being white?? 😆 🤣 😂 man my favorite youtubers are like all Black and they are making big Bucks driving C8s and shit..being very attractive definitely helps but the biggest thing you can do is once you gain an audience who follow you for specific content..stick to it. I applaud Reyes for doing what HE wants but I'm just saying that it absolutely negatively effects your channel.

@thechemi5083 Год назад

@Taotl your content is what matters the most , I watch a few people who aren't the most attractive. And they are doing great because they are consistent and I'm their Neche. Attractiveness is important but only if you're basing your channel off of your looks.

@kieracherry1893 6 месяцев назад

I think items are important and finding a niche / market that works with your lifestyle

@felipel6340 Год назад

Don’t give up on the pallet business, maybe add other team players that might have more time and has the gift of negotiating and selling. Buy the pallet, inventory the items and distribute the items to independent sellers on consignment. Items would sell faster.

@blazzintrails7114 Год назад

Sounds interesting. I would like to know ow of this is an idea or you speak of experience?

@yelsonperez777 11 месяцев назад

So true 👍

@ryanflynn6819 Год назад

lmao the lowballers really like that 😭😭

@d_83nov78 5 месяцев назад

I think you need to invest in a warehouse for your RU-vid studio and return pallet business show space

@jeffs9300 5 месяцев назад

😵‍💫 OH HELL NO. All that time, effort, stress, and floor space for only $200 profit per pallet?! 😎🌴

@Tubb2581 7 месяцев назад

Don't forget there's allot of people out their that repair their own stuff especially electronics, sell for parts

@vickeyjackson7367 Год назад

I absolutely love your videos, bcuz of your encouragement I now owned 4 gumball machines, 4 locations and getting ready for the 5th. Quick question. Do you still hve your gumball machine business?

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@LTBRAD06 Год назад

Sofas are good flip

@RyanMarsh902 Год назад

This is not hate, but when you launched this series on pallet flipping, it seemed like a a desperate business venture (not saying you needed to do it, but something that wasn't realistic to work). Maybe I'm different than the client base you're after, but I'm not going to some random dude's house to buy this stuff. Furthermore, you admitted you kept a lot of the good items like bikes that would have sold which makes no sense when the goal is to flip things as fast as possible (and to draw customers in as they may purchase something else they like when they get there. We called this a "one more sale" in retail). Good luck with this, but I think your time is better spent on things that people really want. This ain't it. There's money to be made, but what's the opportunity cost? If I were to guess, the cost outweighs the opportunity.

@kamo4617 Год назад

Ngl u sound like a hater

@RyanMarsh902 Год назад

@@kamo4617 ok.

@popsanddolls5696 Год назад

Have u tried teaming up with another seller to split the cost of buying a truckload?

@larry1414nyc Год назад

hey reyes great infomation plus very intertaining,you should do a cable show of comidy lia sure you would do great !!! god bless you and family.make money brother. larry nyc llc.

@Sonic_203.. Год назад

@marcoalvarez4765 11 месяцев назад

Do You Know Where I Can Buy Liquidation Pallets In So Cal?

@SpoilerAlert__ Год назад

With all the cheap knockoffs being made and drop-shipped, I don’t see it being a successful business in the long run. You’d have to invest a lot to keep good inventory, and good inventory on those liquidation pallets can be a hit or miss.

@Westcoast10 Год назад

You just gotta know the fake bro, I buy liquidation but you gotta buy from the right suppliers

@e2U Год назад

I have a great plan you would like, if interested. Keep up the great videos. Jeff

@perseoeridano4182 Год назад

👏🏻👏🏻

@nequelnelson1950 Год назад

Slow hustle is better then none

@titogarcialowridersdubsymas Год назад

Where could you find the bike pallets I'm interesting and starting a business and I like to start off with bicycles thank you God bless

@Sonic_203.. Год назад

@MoNsTeR420x1 Год назад

Puts money 💰 in pocket right in front and says only got a hunnit 💯 💶 🤣🤣🤣🤣

@mrsnayarlhats4242 Год назад

Well you should try flea market booth that would be the only way to sell that stuff you got to rent a flea market booth like around 250$ well it might be higher in California because of way things are over there but its the better idea

@southsidehatch 5 месяцев назад

Starting my journey been 1/2 successful

@jzila9900 Год назад

were i live people buy amazon pallets and rent a spot were they sell stuff from there

@jeffdorris5321 Год назад

Hit the like button 👍

@hurricanefilmz8152 Год назад

You should offer delivery also

@Sonic_203.. Год назад

@springpowerwashing Год назад

That business will occupy a lot of your time.

@JGA.0709 Год назад

Reyes if stuff dont sell for you take the items and make your own pallet and sell it.

@beautycrush161 Год назад

You guys should over price so that when they low ball it will be the price you wanted to sale it at.

@tiascandrett9771 Год назад

bro your girl isa keeper marry her !

@weondifferentpaths7367 9 месяцев назад

Find better source- just like drugs the source is everything. Also depending on where you live it can be harder im in a bigger city like la so selling on the streets isn’t as hard as it would be doing it in a small town

@GM-es4gv Год назад

Dam lowballers🤣🤣

@vidmasterforever Год назад

Hey Reyes, Have you tried not putting the stuff together and just posting it new in the box, using factory pictures? Let the person who buys it for a cheaper price waist their time putting it together! Thank You for the Great Videos! Many Blessings!

@Sonic_203.. Год назад

@JavierSanchez-lu3jx Год назад

Suggestion: Maybe shipping clothing, and tools that are new are easier to sell, no? Clothes need no time to set up except for packaging, and fit in shipping boxes easier. Profit can be made from bigger designers like levis, nike, and adidas, no, perhaps. Also, tools are sellable in brand new boxes if they are coming from the warehouse, im assuming. So if you want to setup bigger income on bigger items. Just my thoughts. I think setting up stuff and waiting is what made this frustrating but then again, i havent done this. But americans are lazier nowadays. So shipping might be necessary and crucial in a business.

@noelsanchez380 Год назад

But Reyes, what about the gas?

@stevenparker9521 9 месяцев назад

I'm getting ready to buy a truck load and have an auction site.

@_UndertheInfluence_ Год назад

U need a brick and mortar. U can sell that and all else you do.

@randomblackguy3118 Год назад

😎

@sleepymalo06 Год назад

With all this businesses you have tried have you tried to be a amazon seller?

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@mariemarquez8242 Год назад

Save up to buy truckload and sell complete pallets yourself.then you can get a wherehouse.ima try myself

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@johnosabbagh8226 7 месяцев назад

Any luck?

@bdomingo10 Год назад

What if you sell at the swapmeets Reyes?

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@MagnetikCult Год назад

I like how you always trying new hustles but I think you should stick to one and really go hard on it. First you started with clothing, then vending machines, then promoting other businesses, investing in stocks, then kinda back to clothing, then you tried to do a little bit of everything, and now palletes. Like I said, it's cool that you try different hustles but I think you promoting other businesses and getting them monetize takes away a lot from being able to focusing and grow your own businesses.

@Fighting_Gravity Год назад

the channel and his content is his business, the rest is the side hustle

@shaniya3847 Год назад

That’s what the channel is about….that’s why his channel has entrepreneur in it…

@Kb2wenty8ight Год назад

Where does he buy his pallets

@Sonic_203.. Год назад

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@TheVelvetLoungeLife Год назад

The issue is you do not know how to run a liquidation business. To run one you need a warehouse and you need to run warehouse sales each month or some people do it daily. Plus the items do have to be priced to run out the door otherwise no one wants to buy liquidation at a retail sale price. There are plenty of people that know how to do this right and have been doing it for a very long time. The number one issue is as you stated time, time, time, and more time. Then you get into buying or leasing a space and all the expenses that go with that, hiring help and as you did checking each piece to make sure that the item is complete.

@Sonic_203.. Год назад

@VinceDubbed Год назад

Thats a lot of work for $200 and it hasn't even been taxed yet.

@johnrodriguez2072 Год назад

Where do i find the pallet

@Sonic_203.. Год назад

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@grapplerguy2007 Год назад

first mistake coming off 100 dollars off retail from the jump man on that patio set

@Platano0311 Год назад

Start selling near military bases these things will sell like hot pockets on a coke day. People always moving in and out every month. ✌️ 🥂 cheers mate 😊

@Sonic_203.. Год назад

@markustolenitno Год назад

Reyes you guys keeping too many items 😆 to make a profit

@dwgz7580 Год назад

amazon

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@nequelnelson1950 Год назад

Any thing sold on the streets is half off that's factzz

@pmmahone1 Год назад

People shopping on FB are flakes. They don't respect other people's time.

@bavernyka4577 Год назад

gas!?!?!

@ddohaha 2 месяца назад

get a warehouse

@adamgarcia782 Год назад

Clam slam

@taiwoblessing6313 Год назад

Please I want to start importing to Nigeria please can help with pallets liquidation company

@user-ix5rr4ii6y Год назад

My handle descriptions ☝️is a good plug for all kinds of pallets and mystery boxes. Truckloads are available and shipping is globally to any locaton

@4THOSEnotEFFECTED Год назад

...people's going to watch this and get the wrong idea about this kind of selling ..it's not what you think it is thats about all i am going to say about it all .......

@Westcoast10 Год назад

As someone that has experience in liquidation, I completely agree. Liquidation is basically gambling, yes you can make money but it’s not a get rich quick type of business. Lots of hard work and hustle.

@talesofthecentralcoast Год назад

invest 3k try to make 5k then buy 5k worth hopefully u make 7k then invest 7k the numbers only grow if u invest more!

@garyoleary4985 4 месяца назад

I have three words for you…… Ai Business Automations

@hershelheilig9882 Год назад

Im trying to understand why you are putting things together. You advertise the pic of item and save all the time. Then they know its new cause its in the box

@noelsanchez380 Год назад

Your social media management would you do it for a case of beer? 😂😂😂

@omphiledirero5622 7 месяцев назад

I hate people who negotiate 😅

@Dannyar10 Год назад

you lost your way with this channel when you started venturing out to things people really don't care about. you'd have a million subs and be living the life if you had stuck to vending machine business videos.

@FBI_Agent_69420 2 месяца назад

Why not just post it for the price everybody else is posting it, and then when people want to haggle down they can haggle it down to i.e. 200. Instead of you giving them a heavy discount and then they expect a further discount lol