In the secondary market, product categories, marketplaces, transactions, and buyers are all part of an ecosystem. How are prices driven by buyers? How do product categories act as a “destination” for buyers and sellers alike? How do both of these lead to the growth and expansion of marketplaces? Through the power of the network effect.
So, what is the power of the network effect exactly? Vice President of Sales Eric Moriarty explains in this week’s B-Stock Minute:
The B-Stock Minute is a 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 watching today’s video, make sure you check out other B-Stock Minute videos on our B-Stock Minute page.
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 about B-Stock can work for you in the secondary market, visit our How to Sell page. And if you’re ready to harness the power of the network effect, request a demo.