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Waste is becoming ever more of a vice, especially among younger consumers, and now regulators. And that seems likely to create new opportunities for certain types of online merchants.
While online liquidation is nothing new, of course, it’s gaining force and taking new forms, as the YouTube videos demonstrate. The idea is the oldest in retail: Buy low – very low, in fact – and sell high, usually via eBay and other online marketplaces. And investors have taken notice. Last year, for instance, B2B marketplace operator B-Stock, as reported in a PYMNTS interview with its CEO Howard Rosenberg, raised $65 million from Spectrum Equity.
Some of the world’s largest wireless OEMs, carriers, and trade-in companies leverage B-Stock’s B2B marketplace to maximize their profits on trade-in mobile devices and accessories. Get insight into secondary market trends to fetch the highest prices for your devices.
Every April, Earth Month serves as a reminder that sustainability isn’t a trend: it’s an imperative. For retailers and brands managing the constant flow of returned, excess, and pre-owned inventory, the question is no longer whether to embrace sustainable practices,…
The numbers are hard to ignore. According to the National Retail Federation, retailers expect ~16% of annual sales to be returned, roughly $850 billion in merchandise. According to McKinsey & Company, it’s forced retailers to spend an estimated $200 billion…