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Slack periods can see significant amounts of excess stock piling up in the stockrooms of major retailers, who are less-than-happy to see obsolete goods cluttering their backrooms. Historically such retailers would have sold this excess stock for a pre-negotiated (most likely low) price, to one or two liquidators. However a shift has taken place in recent years: eliminating the liquidator from the equation, and directly selling the inventory to business buyers through a B2B overstock auction platform. This format simplifies the process of acquiring stock, and eliminates many problems caused by liquidator involvement.
Each year, B-Stock facilitates the movement of billions of dollars worth of returned and overstock inventory via the world’s largest B2B recommerce marketplace. This means, of course, that we sit in the middle of a two-sided network madue up of…