Retailers can improve their recovery rates on the liquidation of returns, excess and overstock inventory by as much as 100%
Applying our demand generation capabilities we drive robust buyer traffic to our hosted marketplaces. These buyers bid on your pallets and truckloads of returns. By ensuring your inventory gets in front of large numbers of real wholesale buyers, you are more likely to find the buyer with the highest willingness to pay. This transparent competition generally results in significant increases in recovery rates over traditional, non-competitive liquidation.
Case Study: Major European retailer
One of Europe’s largest electronics retailers was selling excess, overstock end end of life clearance stock in pallet loads to liquidators. Their experience was a 26% recovery rate against original retail prices. After converting to an auction marketplace-based solution their recovery rates on this inventory jumped to 42%.
More recently, they started selling pallets of unsorted customer returns in their marketplace. The recovery on that inventory increased from 10% to 20% as a result of using a private bidding environment.
If you would like to learn more about how we generated these results, contact us now.
Getting Started is Easy
Getting started with our services is fast and easy. After signing a contract, we will lead you and your team through an initial engagement meeting to learn more about your objectives, your constraints and restrictions on sale and your existing business processes. We will then tailor our plan and approach to fit within these requirements and to be as minimally disruptive as possible. From there, we take over the heavy lifting including: designing and implementing a buyer marketing plan, designing and building the marketplace and creating the initial listing plans based on your available inventory.
