Quicklotz is a company that has been in the retail and wholesale industry since 2010. It is now one of the most popular companies in the wholesale liquidation business and works with retail giants such as Amazon, Target, Walmart, etc.
The most well-known product offered by Quicklotz is the Quicklotz Mystery Box. These Mystery Boxes contain around 60 items from Amazon and other retailers that haven’t been sold in a while or have been returned. The amount that you pay for these boxes is around 10% of the total retail price of all the items inside.
Quicklotz sells goods in pallets, containers, truckloads, and also small packages like the Mystery Box. This benefits the retailers as well since even though they are paying a very low price for the items, they would rather sell it than have it sit and eat up storage space.
Now, let’s look into some pros and cons of this product, to give you a better idea of whether or not you should invest in it.
Pros of buying a Mystery Box:
First, we’ll talk about all the benefits you can get from buying a Quicklotz Mystery Box.
- Cost and Value of the Box
Considering the number and actual price of the items inside the box, you are purchasing all of it for a much cheaper price. There are times when just by selling one or two of the items you get, you can cover the whole amount that you spent on the box.
Due to this, the cost of the box is far lesser than the value of everything in it.
- High Profit Margin
As the price of the box is quite less, by selling just a few items you will be able to make a profit. If you’re successful in selling all the goods you get, you can make a huge profit. Even if you don’t have an online store or a shop, you can simply hold a garage sale and sell these items.
Once you get the word out about the goods that you sell, you can do this regularly and attract a wide customer base. You don’t even need to sell the items at the retail prices. Selling them at a lower price will attract more buyers, and you’ll still be able to make a profit.
- No Need of a Storage Space
Another benefit of the Quicklotz Mystery Box is that you don’t need to rent a warehouse or any other storage space to store these items. Since they already come in a box, you can just keep them in the box till you have sold everything, and then you can recycle the box.
This saves you the cost of having to rent a storage space. Using up a storage area is primarily why retailers like Walmart and Target choose to let go of these goods for a much lower price since they can now hold much more profitable goods in the space that was previously being used up. You can have a quick look at some of the best quicklotz reviews from buyers.
- You Can Use the Goods Too
If you’re unable to sell some of the items, you can use them for yourself too. You might just find something that you’ve wanted to buy for a long time, and you will be getting it for such a good price as well.
This helps you save up on your regular expenses.
Cons of buying a Mystery Box:
Let us now talk about the disadvantages of the Quicklotz Mystery Box.
- Condition of the Goods
The items contained in the mystery box include things that previous customers have returned. This can mean that some items may be broken or unusable, and you will not be able to sell it.
- You Have No Idea What You Will Receive
Since it is a ‘Mystery Box’, you do not know what items you will find inside it. If your luck is bad, you may get stuff that you are not able to sell. In such cases, your money simply goes down the drain.
However, it is mostly not the case that you are not able to sell anything. You can also put up any random, seemingly unsellable items on craigslist and sell them there. So this is not as big a problem as it seems but can be a cause of worry.
You can also choose boxes that have the type of items you want, such as a Phone Cases Mystery Box or a Real Jewellery Mystery Box. Then you can simply buy what you want to sell. The exact items will still be a mystery.
Investing in Mystery Boxes is usually not a wasteful expenditure. Most of the items come in good condition and you will be able to earn a high profit. So, do give it a shot and see if it works for you!
