Unpopular Opinion - Bin Stores Really SUCK Right Now and HERE'S WHY!
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- Опубликовано: 14 ноя 2023
- Amazon bin stores and liquidation in general has been going downhill. What is really going on here? Where's the good stuff? Why is there nothing good at bin stores lately? Why are bin stores closing down? Why do more bin stores keep opening? Let's hear what Colton Carlson has to say with his knowledge of the industry. I will also speak on my perspective as a current bin store owner and operator. Spoiler alert - this is an unpopular opinion.
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It's not just bin stores, people trash merchandise even at the best department stores.
in CA they. just steal the stuf
I shop at 10 different Dollar Tree stores in the Pittsburgh area and the employees tell me horror stories of the destruction that customers do. It's terrible!! People are just so rude and don't care nowadays.
This isn't nowadays. I worked in retail in the 90's and people would trash the stores so much, we'd toss so much product, people would use dressing rooms as bathrooms. It would take several hours after closing to clean up.
must be east coast thing.
This is the reselling industry (in general). It’s getting very difficult to pay my bills by thrifting and reselling on various platforms. Yet- so many are RUclipsrs (and others) are selling the dream. Been a reseller as a primary income since 2001. The reality is so sad, how much things have changed!
@@SongsbyCharleneAprilunfortunately reselling is super saturated, then factor in resellers that are also making money selling courses to people.
That is everywhere. I see that happening at dept stores, and thrift stores as well.
Been to a bin store once, don't buy anything and never went back. The store closed a few month later
The problem is the store owner is already taken out the good stuff and just want to unload you their trash. Kind of like a junk dealer in a third world slum.
I'd never even heard of a bin store until now. Sorry to hear what you've been through.
me too...i thought the sell bins..but they dont..where the hell have i bin?
@@MrBeatenpath She went out of business a month or so ago..closed her store..
she had to close her store a month or so ago.
Great video, Lindey, I think we need more content like this, showing not just the good but the ugly side of this industry as well. I think it can prevent a lot of people from just jumping into this business without having a good a idea what they getting themselves into. I also seen a lot of eBay stores shutting down because merchandise has gotten too expensive and you end up getting a lot of garbage rendering this business totally unprofitable.
People do this same type of thing in most retail establishments.😕
Mouse traps = competition
You need to get cameras in your store. That person, who was putting mouse traps in the bins, should be reported to the police. You need to press charges on people like that.
Seconded.
Plus, you can post the highlights to RUclips. 😆
We have cameras all over the store. We got police involved to scare them 😈
Aww, Lindey, bless your heart.❤ Some days are diamonds, some days are coal, as the song says. C'est la vie! It's time to switch gears and head at it a different way. I love working at home. If I want to work in my dolly workshop at midnight, it's connected to my tiny house so I just walk in there. I take breaks as I need or want. No rent, or wicked landlords....no destructive customers! Let them order that stuff online and ship it to the rats. 🐭
Love you, gurl, it's gonna get better once you're out from under that landlords thumb. You'll be in control again, that's a big part. Lord bless & keep you, your family and business. Happy trails! ❤🙏🐾
Our friend opened a pallet liquidation store here in Phoenix. We bought an Amazon pallet & a Walmart pallet (at a small discount) to give him feedback. The Amazon pallet was crap, nothing but cheap private label items that there's no way we can resell other than at our garage sale. The Walmart pallet was a little better as there was actually name brand items. But, one thing we noticed was a lot of items were crushed, therefore we will need to sell at a discount. After listening to Colton, totally makes sense why the Amazon pallet sucked lol I'd be shocked if we broke even.
Some people are just evil. I see people destroying things at thrifts stores, too. Their lives suck, so they try to make everything suck like them.
It’s almost as if Amazon KNEW what they were doing to make sure bin store owners were not TOOOO successful…..and I would not put it past them at all! After all, they have destroyed many many small businesses along their own path the success
Lol sounds like. Strongarm tactic they using
100%. They saw there was money to be made so instead of just junking most returns they created the Amazon Warehouse.
I honestly was thinking the Same exact thing. And how everyone has in the proverbial cookie jar. The processors, the drivers before it gets to the store
In the long run it's always rigged against the reseller. It's too easy to screw them over.
I get the destruction. I went to a thrift/bin store. Some of the customers were just trash people. I was just looking thru the bins to buy a few things to put on eBay to make a few extra bucks. They were throwing stuff, pushy, rude & trashing stuff. I was disgusted at how they were acting. I was being careful not to break anything while they were just throwing stuff & breaking it. A couple of times I got hit with stuff. I got in an argument with a guy that threw a heavy mug that hit my grandson in the face. People were so disrespectful. I was beside myself.
Yes, I hate going to the Goodwill Bin Outlets because people act like vultures there.
These “wholesale” suppliers and load specialist have really gone downhill. It sucks. Between shipping costs, greed, and inflation it’s hard
💯 and Amazon hasn't helped anything. I've gotten empty boxes direct from their warehouses. Something definitely stinks in the industry
I live in Michigan, seems like we were a little late to the party when it comes to the Bin Store trend. Now we have a healthy amount of bin stores. I have seen the the evolution of the bin store that you describe in this video. When bin stores first opened they were stock full of great finds and it was a lot of fun going to these stores. Now I find it difficult to walk away with a great deal. There are many bin stores near me that I now longer visit due to the quality of items in the bins, actual garbage, and broken items are more common now.
We had a bin store open up in Ypsilanti during the summer, on 0ct 12th they covered up the windows and put a sign on the door” remodeling, we’ll be open back up in 10 days” well it’s Nov 17th and still closed, same sign, I’m wondering if they’re already done..
@@stevevash4772 Update? Are they still closed today? 🤔
I opened a video store in 1980....no difference. The first stores make tons of money, everyone else sees this and wants to open a store too. Extreme competition means nobody makes any money and they all go out of business.
free market competition
Everything has gone up all around and people don’t have as much disposable income. It’s affecting my husband’s business.
This is kind of the same way I feel about the general online selling platforms currently. They’ve become extremely diluted with sellers all trying to battle to stay afloat. And a lot of them were driven by people who were trying to make more money by motivating people to become resellers
With the business model being very quick and easy money, it attracts so many people to start the same business.
I used to shop at a bin store down the street from me and yes, customers are jerks! They open packages and don't put them back. They let their kids destroy things and throw tantrums. I had some old guy think he could "push" me out of the way with his cart. I stopped going because I was so irritated. If I have to physically protect myself just to shop, its not worth my energy and time. Its a shame because the owners are great people.
I have had this experience with both old men and old ladies in stores, especially Goodwill, as well. I'm middle aged, so I wonder if they target people in my age range. Younger people might push back, older people might fall over, but middle aged people seem to be a good target. I have found that looking them directly in the eye and saying "Touch me again and I scream pervert." to old men or "Thief" to old women usually gets them to go find other prey.
Yes, I don't let them intimidate me and I always try to be polite to them as I don't want to start an argument, but if they force me I will.@@AngeliaPainter
If you were making 100000 a month
Where is it
Bull shit
I volunteer at a charity thrift shop, it’s amazing what customers do at a store that raises money to help our community. It’s everywhere!
yes the donations are great
Bin stores have always been bad - they are full of cheap Chinese crap. As if Walmart wasn’t bad enough, bin stores are another step down and they attract the worst kind of patrons. Retail is already a tough operation without catering to the lowest class.
It is only because of cheap American consumers that cheap Chinese stuff exists
Poor people suck
@@boblogan3665 They basically take out their poverty on whomever they can.
Just discovered your videos. Great stuff. Was in general merchandise closeout wholesaler. Eventually morphed into a wholesaler floral supply selling directly to florists. This was in the 80s. Thinking of getting back uin but internet has changed everything.
I’m a veteran bin store picker - your spot on , on numerous points.
The loads are rough. Too much home goods and not enough decent items.
I’ve heard the Load dealers are not trustworthy. They get new bin stores hooked on good loads. Then start sending them horrible loads with old dollar general clearance junk , school supplies and leftover holiday crap.
Lastly - the customers are in fact terrible. Having had a decade of experience I can confirm that a certain segment of the population routinely rips open boxes and destroys inventory. Let’s just say , if you can’t read English , you don’t know what these boxes say and what’s the solution ? Rip the box open and dump it all out. Of coarse.
Most of the stores here have gone to the “ don’t open “ policy and it somewhat helps but then there’s a line to look at your items and a lot of people don’t like it.
Good luck with your store.
I could totally see that & about what she was saying
Running a comic con booth or renting space at the antique mall is kind of scary because customers will damage product because they don't care about items . I see it at Walmart all the time. Dirt cheap also has stuff damaged and thrown about everywhere.
You and Colton made a lot of sense. You need those items, like the air pods, to make it work. Also, big retailers like Amazon saw how profitable it was so they had to make their own version. Sadly, this destroys small businesses.
Small business is dead because of this crap
THANK YOU Ms. Lindey -- we appreciate your postings - your honesty keeps us clicking on whatever you post because we know we will hear the TRUTH!
I just closed my bin store. This is sooooo true lost my life savings
What city are you in? Every bin store in our town has closed.
There's something kind of insane about running a business where you're basically relying on $25k lootboxes and hoping that there's good stuff in them. It's barely even a business at that point any more than being a professional gambler.
God Bless you! I admire your honesty, like Colsten said, most owners would not talk about the reality, like you do. I wish you all the very best going forward! ❤
Yeah, the bin stores have no control over their inventory or the price of the inventory. That's a bad situation to be in!
I used to work in home goods department at TJ Maxx. You wouldn't believe the things Ive seen customers do, like testing the strength of something by trying to break it. Now when I go shopping I am very courteous to the people that work there. I literally refold clothes after I'm done checking it out.
What is a BIN store? ...in my 70 years never heard of this until today...
I love bin stores. But alot of them seem to be going down hill if not closed. But my favorite one in texas is awesome.
The mouse traps were probably the competetors...
The closest bin store to me just closed a few months ago. I went there a few times before it closed and the products were too random so I never went back after awhile
If you can't control your customers, then you'll surely end up with a pile of "Chinese-made" trash. I saw this happen at "Lowest Prices" bin stores..Yet, their sister liquidation store "That's Cheap" is better organized and always clean. I think that Amazon and Target know all this and are killing your business. Goodwill Centers (bin stores) have better quality merchandise sold by the pound, at least here in California. Super crowded.
I’m in Boone, NC. Our bin stores have either closed or changed their business model to liquidation stores.
You are selling garbage (people's returns / rejects) which are not checked, and toss them in bins, creating a "garbage presentation" (like goodwill bins) and are surprised that it attracts "garbage customers". Why? The store is designed to attract them. I don't think you've thought this through as much as you think.
There’s a bin store in my neighborhood which is small but well-curated. I’m not sure if they’re purchasing pre-sorted stuff or doing it at a separate warehouse site.
I would lose my freaking mind having to deal with destructive customers.
After to listening..I now understand what a bin store is.. Can I name Dirt cheap? Looks like a Huge Garage sale.. I’ve e seen prices going up.. much is busted..half in and out of boxes.. I had to open to see IF all parts were there…
A couple of years ago when you first started I showed it to my husband as a possible business idea because we want to open a business when we go back to the US and thought one that didn’t require a whole lot of previous experience might be an idea.I had reselling experience similar to yours before you opened your storefront , but not retail so much.
You kept saying diluted inventory, and I kept thinking about us *deluded* potential bin owners.
He thinks a restaurant is a good idea and I think a restaurant is a horrific idea because I have worked in restaurants before. I am considering getting a house with a big garage, and to go back to what I was doing before, and adjusting to the reality that exists now or in my future in the US. I went from zero to pretty darn good pretty fast back in the good ole eBay days. Those are quite changed also but I’m trying to keep up with the different platforms and honestly I still kind of like eBay but I kind of got a crafty direction I might want to go in because that’s my passion along with reselling. There are a lot of good ideas and a lot of places that people go to and still need and 2020 something and they may be online or they may be different but I have time to keep working on that one I guess.
I have never gottten to visit a bin store yet😢
The only bin store any where near me (35 min away) in Lake Jackson - Texas closed down permanently this year.😢
What a strange industry that I've never heard of before. I find your videos very interesting and will watch them all.
On the other hand I think I'll stay far, far away from this business. I just have one question: why wouldn't you open a store that specializes in something? That seems waaaaaay more gratifying to me.
Great video ! Lots of great info that I needed !
I’m not surprised to hear horror stories about customers. But these kinds of discount/bargain stores are (by design) only attractive to these people.
100%
Exactly, too many low-caliber customers who care about no one but themselves.
TC in Annapolis Maryland
I agree with customers will open boxes . And op the boxes then scatter the contents in the bin.
It’s like the gold rush
Retail arbitrage is getting hard with places like Walmart barely having instore liquidation now since they know they can just put it in a truck load and liquidation companies will fight over it..
When the money comes quickly it goes just as quickly unfortunately, easy money never really works out
Same horrible customers here too!
Who wants to go to a bin store where the owner has pull out all the good things and want you just to buy the crap that they themselves didn't even want and the owner put the leftover crap in the bins. If you are losing customers that means you are not putting good things in your bins.
How do you know people who run bin stores "pull out all the good stuff"?
Surely the 1st few customers will take all the good stuff and seel it on again if they are that underpriced
I know a number of people including myself that go to bin stores and do not trash the place. It has nothing to do with the store, it is who you are as a person and you will find those kind of people in every business. I have noticed that bin stores have gone down in the quality of what they have and now I know why
What's the average cost of a good sold?
The mouse trap thing is so crazy and evil , smh
People don't think before doing things anymore. They don't give a shite who they hurt and how?
Awesome info!
Thank you!
Well put
I love bin stores! It’s like Christmas eat time I go. I never know what I will find in them boxes 😂
But you were right the first time also. I watched that video too. And you are right this time. 100%
Have you looked into adding thrift/consignment items to your store?
I will continue to sell on the online platform I like. ❤️
My bin store sucks big time right now it’s the same stuff and it’s not worth it
Lindy made a huge mistkae picking through her bins.
Ur so right sis sad have a wonderful night blessings ❤
It’s hard to set up as a store when you have everything different you have to do it in bins as you do it’s hard unless you have so many of one kind then you can
Social Media killed the Bin Store and nothing else. Everybody was advertising to the world what they're doing. So of course everyone's going to copy. 😮
Monkey see, monkey do. And soon monkey will be broke.
Yes and they destroyed the second hand selling market as well.
If you have good items you don't even have to advertise your store will packed. If you have no customers there is a reason why - you store is selling junk. The amount of customers tell you how great your store is. If they are sending you junk drop your prices. Junk even sells if the price is low.
Even shopaholics must get tired of going to this type of store, where you never know what type of merchandise will be there,
Is it possible to pull the good stuff and put it in a case? How about putting stuff with pieces in a clear case that can only be opened at the register? I'm sorry you're dealing with bad customers. Maybe ban them from the store will bring in the good customers?
I was one of the people who called him, trying to source products cheaper to save my store.
Can you still bid on liquidation pallets in the caves?
Great video
In this industry, there is a RUclips content Maker who sells on eBay and sources 90% of Her stuff from the dense Amazon Ben. Flips that stuff really fast
Every single bin store in our town has shut its doors.
Great video.
I agree.
Mouse traps?! WTH! That must have been another store owner. Unbelievable.
Lindy, when the customers were filming and asking when you bought your inventory did you tell them?
of course not! I told them I don't give out that kind of information
Ouch! ❤
I never heard of a bin store.... Yes he's a smart dude
How much of this is the risk of buying unmanifested pallets from Amazon? I'd rather buy manifested pallets from other liquidation suppliers/vendors--at least I know what I'm getting and I reduce the risk of dilution.
Manifested is fine but that doesn't help quality control. I've paid a premium for manifested truckloads but all of the most valuable stuff was either missing or damaged. Manifested tells you what will be in the load... it doesn't guarantee the condition is good
Know what else sucks? NICE FIND WHOLESALE!!!! do yourselves a favor and DO NOT BUY Anything from them. I ordered general merchnadise amazon sealed boxes....What I got was PLAIN BOXES, NO LOGO, NOT SEALED WITH TAPE AS PICTURED ON WEBSITE!!!
BOXES FULL OF ALL CLOTHING AND APPEARRED GONE THROUGH AND SEALED WITH PACKING TAPE....
Very unprofessional and deceitful when called out on this...We have since filed fraud with the BBB.....
Yup, It makes me think of the Wolf of Wall street
There used to be bin stores all over my area, but they all flashed and burnt out. There aren’t any left now…it was fun while it lasted because I was taking stuff and selling it on eBay and making a tidy hobby income.
A lot of them have gone out of business which is a good thing, the prices on liquidation need to come down
Is this a regional thing?
WTF is a "bin store?"
It appears to be a failing business model
I own a bin store in alabama
Couldnt disagree more
we are doing great
👏 I hope it continues for you!
Lindey? You know I have been watching you a while since November 2021 and I have never left you a message. So here ya go "Your way to cool and a very good person as I see it Your my Champ . You go Lindey . Gracias
WTF is a bin store.
A failing business model
Great video lindey open up a booth store and have vendors pay your rent 😊
Those of us who have been vendors won't touch it with a 10-foot pole because the schlocky bin stores have actually put us out of business
Interesting. Here in Arkansas the owner is opening another store. it will be in Kansas. They are in Arkansas, Missouri, Oklahoma and soon Pitt, Kansas
He must have deep pockets. There are a lot of bin stores doing pretty well and even expanding to multiple locations. It seems to be the ones with a LOT of cash able to absorb any losses or bad weeks. Also having contacts or contracts for multiple dependable loads. Unfortunately not every bin store owner has that 🤷♀️
Nobody should be allowed to sell crappy merchandise to a customer, especially by the truckload. The inustry needs to be regulated and the scammers charged and banned. Who else is allowed to stay in business by scamming people.
No, you really need to get your "trucks" from the source, not brokers,
Is a dollar store the same as a bin store?
I am wondering the same thing.
From what I've been learning about them, they aren't. Dollar Stores seem to know pretty reliably what products they will be getting each shipment. Bin stores have no idea what they are getting.
I’m having the best season I’ve ever had , it might be you
Wow that's horrible 😕
That’s why I’m a misanthrope (look it up)
It will get better, sweetheart. I am so sorry 😞. The economy is a bloody nightmare right now! A lot of people are holding money right now. They do not want to spend because bread is like $4.50 Pepsi 2-liters are $3.50. The economy is hard right now.
When you have too many bosses this is what happens.
It's does its so sad
Does goodwill, have a patent by the on model. Can some else do it also.
What is the difference between bin and liquidation store.
It's the sales model. A bin store is basically digging through bins with a structured price and a liquidation store has individually priced items more organized
@@LindeyGlenn we used to have a great grocery store here that was essentially a bin store that was organized. Unfortunately the owner died because the business was killing it, they had eight stores inthis area. You never knew what would find when you went in there, but there were so many great deals.
We now have Ollies, and people don't realize that Ollies is exactly the same thing - it's a bin store that is better organized. Because they are so big, they have the buying power to get the best pallets first. There are a couple of smaller stores operating on the Ollies principal now here, but their selection isn't as good and they are locally owned.
What is a bin store?
They resell items which were returned to Amazon or other big retailers. It’s items which can’t be sold as “new” because the packaging has been opened.
So my question is, WHY are they all right?