Evaluating Rhinomart

In October, I purchased two pallets of consumer returns from an online wholesale merchant called Rhinomart.com. As someone who has previously purchased and sold store returns, I was well aware that it was likely than only around half of the items included in the load would be salvageable for resell. Of course, purchasing wholesale items like this is fine because the obtain price reflects the merchandise like housewares contained in the load. I had previously learned that Rhinomart was a wholesale merchant that works with liquidation items from department stores such as Costco and I was happy that the merchandise I would be receiving would be of this quality. As I had never previously bought wholesale from Rhinomart, I decided that I would call them to confirm that this was the case. I spoke to a cordial staff member who confirmed that this was the case, although they could not guarantee the contents of the pallet.

I understand that purchasing these kinds of items can be a risky thing to do but I was confident after talking to Rhinomart.com that this was a smart buy to make. I must say that when the delivery was made I was highly impressed with the way the manifest was colleted detailing all the items that had rived. As is this case in this type of acquiring, I went through the items and sorted out those which were saleable, recoverable and those which were junk. I would estimate that around fifty percent of the items were saleable as near new or second hand and an additional twenty percent were recoverable for parts or scrap. The rest was basically useless.

In all, I have been able to so far recoup the cash that I spent on these pallet loads of wholesale returns from Rhinomart.com. I was extremely happy that this is the case because I still have a number of items that I must advertise at flea markets and yard sales. I expect that in all I will make around a 30 percent revenue on my investment.

Here are the things that I liked most about doing business with Rhinomart.com. Firstly, I found that when I was purchasing my items the website was well detailed and showed me specifically what I was going to be buying. This was ideal as you cannot inspect these items prior to purchase. Secondly, the delivery time was wonderful. Really I waited less than a week from the time of my order to receive my shipment. I also appreciated the fact that my pallet came with a full manifest. I was able to check that all the goods including health and beauty were there and it made my sales process much simpler. This is a wonderful service to what I have received from other liquidation outlets.

In all, I was very content with my whole experience from Rhinomart.com – I am hoping that in future I will receive pallets with more items like licensed pro sports that I can sell near retail, but this is the luck of the draw, so as long as I am earning capital I am happy.