With record online sales and generous free returns policies, returned goods have become a big cost center for retailers. One way the industry has been trying to minimize that hit is by selling returned items—and other liquidation goods—in eBay-like private online auction marketplaces to eligible business buyers.

Traditionally, retailers may have had a list of three to five liquidators they would reach out to and see who would give them the best bid. But with these marketplaces, they can take bids from a much more expanded buyer pool, and get 30% to 80% more on their liquidation merchandise compared with what they might have gotten before, according to Howard Rosenberg, CEO and co-founder of B-Stock Solutions, which operates liquidation marketplaces for major retailers including Amazon, Walmart, The Home Depot and Costco.

Read Full eMarketer Article >>

Join the largest global network of B2B liquidation marketplace

Request Demo

More from the B-Stock Blog

Buying Home Depot Returns: What You Need to Know

The post-holiday season is a big deal for liquidations auctions because retailers are offloading all of those wonderful gifts that people have returned. Often there’s nothing wrong with this merchandise other than it was purchased for someone who didn’t want…

Jan 21 2021 · 4 min read

Buying on B-Stock Europe? 3 Ways to Save Money on Shipping

As any experienced buyer will tell you, when purchasing clearance merchandise to resell you must consider shipping costs. For financial reselling success, you must factor it into your budget. You don’t want shipping to unexpectedly eat up potential profits before…

Jan 20 2021 · 3 min read

Buying Target Returns: What You Need to Know

What happens to the things we return? That sweater that’s two sizes too big, the well-intentioned gift that just doesn’t fit your taste. The lamp you bought only to find it doesn’t work at all with your decor – it…

Jan 19 2021 · 3 min read

Like what you see?

Subscribe to our newsletter to get the latest news from B-Stock.