This website uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To find out more and change your cookie settings, please view our Privacy Policy.
-
Category
-
Marketplaces
Popular Marketplaces
New Marketplaces
-
The 2019 SDCE100 showcases the industry’s most successful and transformative projects that deliver value to enterprises across a range of supply chain functions. The projects offer a forward-looking perspective for the industry on new opportunities that allow companies to take the leap toward success.
Enabler: B-Stock — www.bstock.com
Customer: Fortune 500 retailer
Project Goal: The primary business objective was to increase buyer engagement and pricing for the retailer’s returned and excess merchandise
Solutions: B-Stock’s B2B online marketplace platform and services, including auction strategy, payment processing and customer support
Business Impact: A Fortune 500 warehouse club retailer had been working with B-Stock to sell its returned and excess inventory through a private B2B liquidation marketplace. As pricing and buyer engagement on these mixed lots leveled, the company needed a new strategy to increase bidding and recovery. B-Stock recommended that the retailer implement specific storage strategies, resulting in increased buyer engagement. The electronics lots achieved a 50-percent increase in recovery, while seasonal items generated a 66-percent increase in recovery over mixed lot pricing. The retailer experienced an overall 155-percent jump in recovery for general merchandise as well.
More from the B-Stock Blog
What Goes Up: The Returns Reality Behind Record Holiday Spending
The holiday shopping season delivered exactly what retailers hoped for: packed stores, full digital shopping carts, and spending numbers that exceeded projections. Cyber Week– the five-day stretch from Thanksgiving through Cyber Monday– saw consumer spending increase 7.7% compared to last…
A Q&A: How GameStop’s Three-Person Team Optimized the Resale Funnel
In the dynamic world of mobile resale, consistency can be elusive. Market shifts, device launches, and consumer trends constantly reshape pricing and demand. Yet, GameStop’s mobile trade-in and resale business has managed to stay not just profitable, but predictably so.…
The Making of GameStop’s Lean Resale Operation
Running a high-volume mobile resale program with a lean team requires precision, consistency, and the right operational decisions. In our newest infographic, GameStop leaders share how their three-person team redefined the trade-in, processing, and resale flow. Their commentary is woven…
