While simple and easy return policies are a critical component to generating customer loyalty, they will generate additional returns. Let’s face it, unless a retailer has a zero-returns policy (highly unlikely), it will receive products back that can no longer sell as new. Accordingly, putting a plan in place to recover from the costs of returned product becomes essential.

Online retailers fully understand that an increase in sales usually results in increased return rates. For quickly growing SMB retailers that don’t have access to a large, complex system of warehouses and distribution centers, finding a warehouse solution becomes essential in processing returns. Renting, buying, or even building your own warehouse might be possible in a state like Missouri where land is available; but if you’re trying to build your business in a state like California where land is extremely expensive, renting a warehouse could be a costly venture. When cost due to geography matters, a good solution could be a company like Innovel Return Solution Center, which is strategically located in Columbus, OH. The center processes millions of different types of returns: from apparel, to small appliances, tools, footwear and everything else in between.

Companies like Innovel perform third-party specialty services such as inventory rebalancing, overstock mining, and off-price merchandising for store or forward DC (distribution center) readiness. They can also perform basic supply chain functions, such as storage, kitting, sorting, cross docking, and other various supply chain needs and services.

Keep in mind, once returns appear in your warehouse, the next step is figuring out how to offset loss for them. This is where B-Stock and our B2B marketplace B-Stock Supply comes in. Contact us today to learn how you can quickly turn your returned and excess inventory into cash (no matter where it’s located).

Join the largest global network of B2B liquidation marketplace

Request Demo

More from the B-Stock Blog

Excess Inventory: The Losers And Wieners

Top Dog is an institution in Berkeley, Calif. serving gourmet sausages on toasted French rolls to legions of Cal students and Bay Area locals for over 50 years. My friends and I were regulars back in college, so when I…

Aug 13 2020 · 1 min read

B-Stock Europe Presents: Currys PC World Auctions

B-Stock is pleased to announce the launch today of Currys PC World Auctions,  an official liquidation channel of Dixons Carphone. What is Currys PC World Auctions? This B2B marketplace will give qualified European business buyers direct access to bulk quantities…

Aug 11 2020 · 1 min read

Introducing the B-Stock Minute

Wish you could keep up with the latest secondary market trends but don’t have time to sit through a 30-minute webinar? We figured. Introducing the B-Stock Minute, a video series dedicated to updating you on the most recent trends that…

Aug 11 2020 · 2 min read

Like what you see?

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