When browsing, bidding, or buying liquidated consumer electronics inventory, you may see merchandise described in terms such as overstock, shelf pulls or refurbished. So, what exactly does that mean? While each retailer will use these terms a little differently and vary slightly on their definitions, we’d like to focus on some of the more common condition descriptions you will see used across our network of consumer electronics marketplaces.

Common Consumer Electronics Liquidation Conditions

Overstock/New

This refers to brand new product in pristine condition. These are typically goods that have never been purchased by a customer. Inventory could be excess stock from shelves and/or warehouses or unused and recently discontinued. Cartons should be factory sealed and equivalent to brand new merchandise. This inventory is typically sold with a full manufacturer’s warranty. 

Like New/Carton Damage

This merchandise can be unsold merchandise which is in ‘like new’ condition and has never been used.  However, boxes may have sorting labels applied to them for processing and items may have minor damage and/or wear and tear from handling. These items are more likely to have original packaging and tags, though in some cases may also have return labels. Product is typically sold with full manufacturer’s warranty.

Shelf Pulls

Merchandise that potentially was used for demo purposes or removed from store shelves. Product will be unused but might have minor cosmetic issues and boxes may have minor damage. Product is typically sold with full manufacturer’s warranty.

Refurbished

These products have been tested, restored and verified in full working condition. Refurbished items may or may not include manuals, components, original accessories, and original packaging. This merchandise may also have cosmetic issues. Refurbished products are typically sold with a warranty that is less than the original.

Customer Returns

This is merchandise that was returned by a customer for a variety of reasons. It can be a mix of brand-new or damaged product that may include its original packaging. Customer returns may possess noticeable cosmetic blemishes; additionally, items may or may not be fully functional. Customer returned merchandise may be damaged, missing parts, or otherwise inadequate quality, and is sold ‘as is’ and without warranty.

Salvage

This refers to merchandise that is defective or heavily used. Items may be missing parts, manuals, accessories or packaging. This includes damaged items that may not be functional. Items will likely have significant cracks, scuffs, and dents. Generally, this inventory has been completely written off by the retailer as beyond repairable. Salvage merchandise is best used for harvesting parts which makes it perfect for refurbishers. 

Keep in mind, because each retailer has its own marketplace, condition descriptions will differ. It’s ultimately up to you, as a buyer, to read and understand each marketplace’s own set of conditions, which can be found on each marketplace. 

To learn more about sourcing liquidation consumer electronics, be sure to read A Guide to Buying Liquidation Consumer Electronics. And check out all of B-Stock’s consumer electronics marketplaces to start sourcing today! 

Author

Editorial Team

Author

B-Stock Editorial Team

Amberly Bliss, Owner

Amberly Bliss, Owner

Retail Deals

"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."

More from the B-Stock Blog

A Modern Approach to Reselling Consumer Electronics
A Modern Approach to Reselling Consumer Electronics

Jul 26 2024 · 0 min read

After Paris 2024, furniture and sporting equipment will find a second life
After Paris 2024, furniture and sporting equipment will find a second life

Ever wonder what happens to all the sports equipment, furniture, and other items used to furnish the various venues at major sporting events? Furniture and equipment from the olympic village and sporting venues in Paris are getting a second life…

Jul 24 2024 · 3 min read

B-Stock’s Summer Teammate Spotlight 2024: Meet Angelica Wang
B-Stock’s Summer Teammate Spotlight 2024: Meet Angelica Wang

B-Stock is so excited to welcome Angelica Wang to the Product Design team this summer! As a summer teammate, we know Angelica will be an incredible asset to the company. Angelica is currently studying Human-Computer Interaction at the University of…

Jul 19 2024 · 2 min read