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Mother’s Day spending is predicted to set a new record of $25 billion this year according to a new survey from the National Retail Federation. It’s estimated that 84 percent of U.S. adults will celebrate their mothers and other women in their lives. While the number of people celebrating Mother’s Day 2019 is in line with last year, those celebrating are forecasted to spend more, with an average of $196 compared to last year’s $180.
As the amount of money spent on our mothers continues to climb, are your shelves (both physical and virtual) stocked with what moms want?
While greeting cards and flower bouquets continue to top the hot gift list, many consumers want something more outside the box for mom. In fact, 44 percent of people polled cited finding something unique as the most important factor when picking a gift. According to the NRF, this is how Americans will spend their money on this growing national holiday:
From clothing and jewelry to books and CD’s, business buyers can source all of these top Mother’s Day gifts directly from major retailers on B-Stock.
For the fashionistas, source current trends in apparel and accessories directly from marketplaces like Macy’s, HSN liquidation, or QVC Liquidation Auctions. For the mom who treats her home as her castle, B-Stock offers buyers the opportunity to buy from home and garden trendsetters like Target Auction Liquidations, Wayfair.com Liquidation Auctions, and Zulily Liquidation Auctions. Or for all of the brand new moms out there, B-Stock buyers can find plenty of baby items on marketplaces like Sam’s Club, Walmart Liquidation Auctions and B-Stock Supply.
With the Mother’s Day spending trend showing no signs of slowing down, sourcing for this annual spring holiday is a great business opportunity. And while you may have missed it this year, there’s plenty of time to think ahead. Have you started sourcing for summer 2019?
"I feel so confident shopping and bidding on items knowing that I am going to get what I paid for. And if not, there’s a killer customer service team that’s going to make sure everything’s alright in the end. That’s huge. It’s hard to take that risk when you’re first starting out."
For brands, retailers, and OEMs, dealing with returned and excess merchandise is simply a reality of running a business. Still, having these unsold goods on the books and taking up valuable warehouse space can place enormous stress and financial burdens…