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“How strongly do you feel about a low auction start price?” When we review auction strategy with our clients, it’s a question we always ask. And while starting an auction at a low price may seem counterintuitive, the opposite is actually true.
In short, yes! In this week’s B-Stock Minute, Fashion Strategy Manager Lisa Penn explains why a low auction start price works:
The B-Stock Minute is a weekly, one-minute video series dedicated to updating you on the most recent trends that B-Stock is seeing in every area of our business. In addition to today’s video discussing why a low auction start price works, make sure you check out our other B-Stock Minute videos:
Highlights from our Q2 Mobile Digest
Apparel Update
Size Matters in a Buyer Base
The iPhone SE Release
E-Commerce Growth in the UK
Why Does B-Stock Work?
Our marketplace platform sets up an online auction dynamic where you can sell returned, excess, or other liquidation inventory directly to a diverse base of vetted secondary market buyers around the globe. It’s why B-stock works! To learn HOW it works, visit our How to Sell page or request a demo.
Request DemoWhat makes recommerce such a big opportunity in retail today? It’s a quickly changing scene! Seasonal clear-outs and the mass unloading of excess inventory are no longer the only uses for liquidation and resale. Rather, astute manufacturers, retailers, and business…
B-Stock’s internship program launched in 2021, and since then, we’ve had the pleasure of welcoming and working with over 30 interns! From Finance and Product to Engineering and Marketing, our interns have left their mark across all of B-Stock and…