Well you didn't mention what types of products. What you are buying is sometimes truly manufacturers' overstocks. Stuff they made or ordered too much of. But if they couldn't sell it, neither can you. Well, you can sell it - eventually. and maybe even make a profit.
Other times you will get what are called "shelf pulls". This is where either a manufacturer changes packaging and wants the retailers to have a uniform look, rather than some older design and some "new and improved". Or, ir could be where a chain of stores changes suppliers and the new supplier agrees to buy back the existing competitive inventory in order to get their product on the shelves. Usually this stuff will have price tags on it.
Then, with mechanical, electrical and electronics (and some other stuff) you will get returns. It could be a vacuum cleaner that someone wasn't happy with, a toaster with a cracked handle, a TV that buzzes, just torn up packaging. Stuff they can no longer sell as "new". They'll renerally call these "returns".
And there are the refurbished items. Refurbs are appliances and electronics that have been repaired to the point they actually work, but might be missing owners manuals, might have cut wires, etc.
There are some folks who make good money on this stuff. But, it helps to know how to use some tools, you will often have to do some patching.
Most of the "overstock sellers and brokers" are honest when describing the lots they sell. You just have to ask yourself if you have a way to move a pallet full of books on the Galapolos Turtle.......



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