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Kerry Franciscovich describes herself as a lifelong garage-sale scavenger, reselling her finds over the years on EBay Inc. So when she wanted to earn some extra spending money, she decided to step up her online game.
“People are starting businesses because they now have the ability to buy this inventory,’’ said Howard Rosenberg, chief executive officer of B-Stock Solutions Inc., which holds daily online auctions of returned products. “What we’ve done is given them direct access.’’
Selling excess and returned inventory into the secondary market is a sustainable and cost-effective approach to inventory reduction, but it does mean you’ll be dealing with multiple bidders and buyers. Since all parties involved will have their own business interests…