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Seven Days at the Bin Store

defector.com

71–80 of 116 posts

Re: Seven Days at the Bin Store

#71

Earlier quoted context omitted.

>Apparently, I'm wrong enough that there's hundreds of these stores in business. The stuff in the bins is from amazon returns. Its not a business of its own supply choices. The people that run the stores go to amazon pallet auctions where they buy the stuff unseen and hope to turn a profit on the arbitrage of what they pay vs the worth of the pallet.

I feel like if there were a sustainable business in this, Amazon would just do it themselves and set up outlet stores. But instead Amazon takes the easy money of just auctioning stuff off. that should be a red flag for people starting these businesses.

> But instead Amazon takes the easy money of just auctioning stuff off.

Employing 1.5M people to operate hundreds and thousands of warehouses, trucks, and planes is not easy money.

If it is, you are welcome to throw your hat in the ring.

Re: Seven Days at the Bin Store

#73
First it was returns auction sites, I am lucky enough to be in a local regional distribution hub, so for a few years there were amazing finds; $45 FDM 3d-printer that just needed to be levelled properly, a $65 resin 3d-printer (12k) - eventually a year later a curing station for $20, a DJI active phone gimbal worth several hundred dollars for $70.

Over time though, as more and more people found out, the prices started creeping up - there is typically a "buyers fee" percentage, plus of course our overall country-wide "goods & services tax", plus a "picking fee" of about $1.50 per item. So - basically, my personal cut-off was about 25% of retail price for maximum bid, because all of the other fees would add about another 27% of retail price.

Then, the bins stores started opening about a year ago, and the auction quality dropped off dramatically. My experience browsing through bins stores 3-4 times was that is was mostly complete trash, the cheapest garbage that wouldn't even be good for resale or garage/yard sales...

Even though, I pretty much now have my "maker-space" home office kitted-out fully, I do keep monitoring the auctions for specific keywords - but, I can definitely see that both auctions and bins stores are having less and less merchandise, the overall economy must be slowing (potentially geo-political tariffs and uncertainty, layoffs, etc.) - people must be reducing overall amount of purchases and therefore returns...

Several of the local bin stores have closed-up shop in the last 6 months as well...

Re: Seven Days at the Bin Store

#74
post #10

Am I the only one that feels uncomfortable returning stuff? Took me years to get to get over, and yet I'd still prefer to forego buying something rather than returning it..

You are not the only one - I almost never return things, if they are unwanted and functional I give them to friends/family, or donate them.

However - I have been a Costco member for 25+ years - today, for the first time ever, I returned something far after the original purchase. In January 2021, I bought a 2-pack of CO2/Smoke alarms from a major brand at Costco - they were supposed to have a 10-year internal battery. Well, both of them failed about 2-months ago - constant low-battery chirp, no amount of executing the "test function" would fix them.

Costco, being the absolute best "retail" corporation on the planet took them back and refunded the original purchase price - the service staff laughed as the chirping started driving them nuts when they accepted the items. We did our normal shopping, and as we were leaving - chirp, chirp, etc...

Re: Seven Days at the Bin Store

#75
post #58

Empty gifts of capitalism! This store is my idea of hell. I am in the process of tidying up my dad's estate, and, despite the mountains of stuff he bought, there is not one single thing that I want for myself. I am done with stuff, particularly if it has bits missing! I am sure that, if I went to any hoarders home, it would be exactly the same. There would not be a single item that I would want to walk away with. You…

The tech is the saddest/weirdest part. I have a bunch of tech in my house, being used, that I wouldn't pick up from the side of the road for free. It's just waiting to die and be replaced with something newer.

I have a mother-in-law who has 30-year old electronic gadgets she has no idea what they are for... Image-search turns up no results... (A few are in their original packaging - those are identifiable - but typically useless)

Her box of random cables and "wall-wart" power supplies is huge - puts my old bin to shame... (well, I have since organized my "collection", labelled and sorted everything into many smaller storage bins - sighs... as the story goes, "oh - I no longer need this ancient connector/cable, so I will get rid of it", only to inevitably need it 2-months later, so now I keep them all, but label them...)

Re: Seven Days at the Bin Store

#76

> products that never made it to a consumer because the season ended, or a box was a little dented, or the purchaser never picked up their order, or a retailer was just running out of room in their warehouse I wonder how tariffs will impact this. I imagine a lot of importers will balk at the sudden fee, and decline to pick up their stuff at the port. Article mentions this much further down: > But economic shocks are…

From my experience in Canada, tariffs are definitely having an impact on both returns auctions and bin stores... You can see the amount of "stock/items" available decrease month over month.

Re: Seven Days at the Bin Store

#77
post #10

Am I the only one that feels uncomfortable returning stuff? Took me years to get to get over, and yet I'd still prefer to forego buying something rather than returning it..

When I return something, I feel I'm contributing to the tragedy of the commons - I know I'm still paying for this return, it's just baked into the price. I wish I could get 8% off or something if I promised I wouldn't return it just because I didn't want it.

Re: Seven Days at the Bin Store

#79
I'm happy for people that they're able to make some money off of this, but god almighty it makes me sad how much garbage there is in the world. Between amazon, walmart, target, aliexpress, and whatever that new chinese one everyone talks about, there's just so much trash. I was somewhat insulated from it living in Taiwan where it feels like people don't go in for the online shopping as much, until my parents moved here too and brought the habit with them from the States. They figured out the online shops here when I never did after 4 years. Every day new boxes of crap are showing up at their house... I just don't understand how this much plastic could possibly exist on this earth!

This year I'm trying a thing where I only buy secondhand things, if I buy anything at all. Obviously excluding, like, underwear or batteries or bandaids or whatever.

It's been so fun. My e-reader broke on a backpacking trip when I fell backwards against a boulder, so I hopped on facebook marketplace and got a used-once new kobo for like 80% retail, and had a fun conversation with the guy who sold it to me, and he invited me to a mandarin-language reading group, which is something I've been looking for for years as a way to practice in a fun way. I picked up some used books from a different guy who also befriended me and invited me to a philosophy discussion group, another thing I'd been looking for for ages. I happened to spot a modded gameboy color the other day, and bought it when I shouldn't have (I don't particularly need that and I'm trying to just not buy stuff cause it's kinda cool), so that was naughty, BUT I'm now plugged into the local retro console modding scene, another passion of mine. The upsides are so cool.

On a recent trip to Japan, I found a cross street with something like 15 resale shops within the same 400 square meters. Shelves lined with phones, easily half of which are no more than 2 years old, all in of course perfect condition (Japanese secondhand market is phenomenal), many with boxes. I even saw pixel folds, the new model. I can't imagine ever buying a new phone for the rest of my life now that I've seen that. I got a pair of great IEMs that sold at retail for 400$, for 90$, perfect condition in box with all the accessories.

I think we could all stop buying new things tomorrow and feed even the most degenerate shopping addictions for at least 5 years with used goods before we ran out of stuff.

Re: Seven Days at the Bin Store

#80
post #10

Am I the only one that feels uncomfortable returning stuff? Took me years to get to get over, and yet I'd still prefer to forego buying something rather than returning it..

I used to run a restaurant and it made me completely flip on how I feel about returns (or sending back food). I used to be the same - oh, it's good enough, oh, I don't want to be a bother, etc.

Especially if it's a small business, I can practically guarantee the business owner is hoping beyond hope that if there's an issue, you feel willing and able to mention it and get a return. You bringing it up makes the business owner aware there's an issue, and at that point they can do everything in their power to make it right with you, because chances are they're kept up at night worrying about all the ways to make their customers satisfied. If someone sent back food at the shop, my first though was "oh my god thank you for mentioning there was an issue." The potential loss of money, the extra time and trouble, all of it is pennies compared to the stress you feel when you wake up at 2am and realize holy fuck you forgot to add the extra bacon that one customer ordered. I imagine it's similar if you find out, idk, after shipping out 50 units of something, that the way you're boxing it is causing units to show up just a little bit banged up or whatever. Much better to know right away and make it right with people!

So, I'm not sure if this is you, but if you're being held back by some sense of not wanting to cause trouble, trust me, you're doing the business owner a huge favor letting them know.

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