New reports show online sales of Consumer Packaged Goods (CPG) are growing and by the end of 2018 are projected to account for roughly 5 percent of total CPG sales—that’s $36 billion spent on groceries, health + beauty, household basics and cleaning products, etc. through the internet. This is a triple digit increase from 2016. The growth is being spurred in part from pantry box and subscription models as well as companies like Amazon and Walmart offering two-day delivery (or less) options.

We know that the growth rate for returns will mirror the ecommerce growth rate, due in part to customer expectations of incredibly easy return policies. In the CPG vertical, returns typically happen after a customer opens his box of a dozen items (let’s say, paper towels), uses one, and then decides he wants to return the rest. The retailer is then left with an open box of individually wrapped rolls of paper towels that can’t be put back on primary shelves.

The good news is, these can be resold easily through the secondary market. At B-Stock, we refer to CPG products as General Merchandise and have spent years building a network of buyers who are interested in purchasing bulk quantities of individually wrapped items for resale. Items like snack bags, coffee pods, and canned goods are in high demand at dollar stores and mom & pop corner markets; they can be resold at high profit and easily stocked in a vending machine or refrigerator.

Remember: as online sales increase, so do returns. It’s important to have a recovery program in place to handle returned and overstock items.

Join the largest global network of B2B liquidation marketplace

Request Demo

Author

Editorial Team

Author

B-Stock Editorial Team

More from the B-Stock Blog

How B-Stock Drives Buyer Demand for Your Inventory
How B-Stock Drives Buyer Demand for Your Inventory

Mar 28 2024 · 0 min read

Facing Down Your Returned & Excess Inventory? Here’s What to Keep in Mind.
Facing Down Your Returned & Excess Inventory? Here’s What to Keep in Mind.

What is it that separates top consumer goods brands and retailers from the rest of the pack? Having well-designed, thoroughly tested products is one obvious answer. And there’s definitely something to be said for a helpful and efficient shopping experience,…

Mar 18 2024 · 8 min read

A Quick Guide to Buying and Selling Furniture Pallets
A Quick Guide to Buying and Selling Furniture Pallets

Are you looking for a cost-effective solution for buying or selling furniture? Furniture pallets might just be the answer you’ve been searching for. Whether you’re a business looking to purchase furniture in bulk or start selling furniture pallets of your…

Feb 28 2024 · 8 min read

Like what you see?

Subscribe to our newsletter to get the latest news from B-Stock.