Tag: consumer returns

Gift giving is over; let the gift returning begin

Christmas might be over but National Returns Day (coined by UPS) is upon us. When all is done, around $65 billion in merchandise will come back to retailers post holiday; a significant blow to the bottom line without a proper strategy in place. Consider this: Return rates double around the holidays It costs double the …

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Black Friday and Cyber Monday With a Side of Buyer’s Remorse

Thanksgiving marks the official start of the holiday shopping season and the outlook for retailers this year is positive: sales are expected to increase anywhere from 4 to 10 percent with the average shopper predicted to spend around $1,000 (on gifts for others and gifts-to-self). Between Grey Thursday, Black Friday, Small Business Saturday, and Cyber …

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The Benefits of Buying Directly From the Source

Traditional liquidation methods involve layers of middlemen, red tape, product poaching and price mark ups before buyers even have access to the inventory. Luckily this old-school way of doing things is slowly evolving into an efficient B2B model where buyers have access to returned, overstock and excess merchandise directly from the retailer or manufacturer’s private-label, …

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