Whether or not an unpleasant sweater, an ill-fitting pair of sneakers, or a faulty client digital, an estimated 18 p.c of vacation gross sales – round $170 billion value of merchandise – as soon as bought, gifted, and unwrapped, might be returned again to U.S. retailers. Irrespective of the explanation for returning, the problem in managing all of it will be daunting for retailers as soon as the vacations are over. Contemplating most returns received’t be restocked on retailer cabinets, and can seemingly compromise area in an already packed warehouse, having a resale technique in place for returned and surplus objects – particularly one which recoups essentially the most worth – is essential.
On this playbook, which incorporates unique information and insights from throughout B-Inventory’s market, we’ll define how an internet B2B recommerce platform capabilities in relation to:
- Shifting stock rapidly and at scale
- Producing larger restoration (pushed by a big, numerous purchaser base)
- Leveraging historic information to optimize stock listings
- Permitting for model management
- Driving efficiencies and monitoring efficiency