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In the game of selling, how important is the size of your buyer base? When it comes to launching your liquidation program, one of the key elements is your buyer base. What do we mean by that? Well, the larger and more diverse your buyer base is, the higher the likelihood of success.
But enough reading; let our Senior Manager of Marketplace Development Tim Dupuis tell you three benefits of a larger buyer pool in this week’s B-Stock Minute:
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 about the buyer base, make sure you check out our other B-Stock Minute videos, featuring highlights from our Q2 Mobile Digest and an apparel update.
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. To learn more, visit our How to Sell page or request a demo.
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Sustained inflation has compressed consumer spending across categories, resulting in softened sell-through rates and climbing aged inventory ratios. For retailers, brands, and manufacturers, the downstream effects are distinct, but the core problem is the same: the excess inventory is there,…
This well-known athletic retailer had large volumes of aged overstock held at various distribution centers (DCs) around the country. A small group of jobbers purchased the inventory on informal terms, managed by each DC, leading to inconsistent processes and outcomes…