As stores begin to reopen, apparel retailers are sitting on billions of dollars in inventory that will need to be sorted out. Clearance sales aren’t going to cut it, and off-price retailers likely won’t have the capacity (or cash) to take all of it, as they have been closed too. One way to soften the hit is by selling excess merchandise to a diversified buyer base on a private, online auction B2B marketplace.
This webinar, hosted by B-Stock’s Lisa Penn and Nate Bride, explores how an online marketplace can solve your COVID-19 excess inventory problem when it comes to:
- Brand control
- Higher pricing
- Auction strategy
- Buyer demand