Month: January 2015

Creating an Impactful Solution for Liquidation of Excess Inventory

Consider this: in 2014 consumers returned a record $284 billion worth of merchandise to retailers. That’s a huge number (about equal to the GDP of Singapore) and it is only going to get bigger due to the continued increase in online sales (which typically bring a higher return rate) and relaxed return policies by retailers to drive …

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Seasonal Returns Provide Great Product-Sourcing Opportunities

Did you know that around 10% of all holiday purchases are returned to retailers in the months following Christmas? Whether buyers’ remorse, relaxed return policies or gift-recipient repugnance, retailers are getting back close to $64 billion in merchandise sold during the holidays; much of which can’t go back on the shelves. All of these returns, however, …

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Best Practices for Returned and Excess Merchandise

In 2014, consumers returned a record $284 billion worth of merchandise to retailers. This number is increasing largely due to the increase in online sales (which typically bring a higher return rate) and relaxed return policies to drive customer loyalty. Lack of innovation over the past 50 years for dealing with consumer-returned and excess inventory …

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Posted in: In The News

Seasonal Returns Provide Great Product Sourcing Opportunities

Despite a recovering economy, US shoppers still found enough money on their credit and debit cards to drop $601.8 billion in retail spending during the recently completed 2014 holiday shopping season per the National Retail Federation. While we can’t know the depth of thought and consideration that took place with those buying decisions, we do …

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Posted in: In The News

How does the shipping process work?

Please refer to the shipping details on any B-Stock Sourcing Network marketplace auction page for specific shipping instructions for that listing. Our marketplaces may have buyer-arranged shipping, calculated shipping costs, and flat rate or free shipping. Most “Buyer Arranges Shipping” auctions of one pallet or more will have a shipping estimate provided by Freightquote.com. This …

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What condition is the merchandise in? Is it all new?

The condition of the merchandise being sold varies depending on the marketplace and individual auctions. The inventory can be anything from new in box to refurbished to salvage condition. Please view the auction page for information for each listing, and visit our “Conditions” page for more information on each condition type.

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Posted in: Buying on B-Stock | Tagged

How do I bid?

Once you are approved to bid on the respective marketplace you can go to any auction page and enter the highest amount that you are willing to pay. Enter the amount in the white box to the right of “My Maximum Bid.” Below, you will see the minimum allowable bid amount. Once the amount has …

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Posted in: Buying on B-Stock | Tagged