Month: October 2015

Recouping Value for Returned Consumer Electronics

Consumer electronics boast one of the highest return rates of any product category. Relaxed return policies, the increase in online purchases, and buyer’s remorse are among the reasons that up to 20 percent of CE items are returned. Buyer frustration also plays a big role: the average person will spend 20 minutes trying to get …

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Are You Ready for the Holiday Rush…of Returns?

Consumer electronics will once again top holiday wish lists this year, and while they are highly sought-after, they also boast one of the highest return rates of any product category, as up to 20 percent of CE items are returned. This is due to a number of reasons, including: relaxed cross-channel return policies; the increase in online purchases …

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Posted in: In The News

A Well-Designed Reverse Logistics Plan Starts with a Solid Remarketing Strategy

Lack of innovation over the past few decades around how organizations approach disposing of their returned, excess and obsolete inventory has resulted in billions of dollars lost and can no longer be left to inefficient, reactive or outdated methods. Considering 15 percent of all goods are either returned or never sold to begin with, and …

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Posted in: In The News

The Rise of Cell Phone Buyback Programs and B2B Marketplaces

The explosion of cell phone buyback and trade-in programs have created an influx of used devices available on the secondary market. Over the past couple years a shift has taken place in the way wireless retailers, manufacturers or cell phone buyback companies leverage the secondary market: as a compliment to their already existing programs, many …

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B2B Marketplaces for Trade-In Devices are Cutting Out the Middleman

The explosion of cell phone buyback and trade-in programs have created an influx of secondhand devices available on the market. Historically, wireless retailers, manufacturers, or cell phone buyback companies have either sold these devices to wholesale dealers overseas, direct to U.S. consumers, or to one or two liquidators stateside. Over the past couple years however, …

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Posted in: In The News