The official begin of the vacation buying season is upon us with the majority of spending set to happen over the Thanksgiving vacation as customers and retailers look to capitalize off of Gray Thursday, Black Friday, Small Enterprise Saturday, and Cyber Monday. This yr, nonetheless, one other “day” has been added to the promotional lineup (one we’re notably enthusiastic about!): Secondhand Sunday. This annual vacation—which this yr falls on December 1—encourages customers to decide on secondhand for the vacations and have fun the round economic system, cut back waste, and lower your expenses (a stark distinction to the consumerist frenzy of Black Friday and Cyber Monday).
This vacation, gifting means thrifting
Whereas brand-new tech and trend fads will at all times be on the high of want lists, many Individuals—specifically, socially acutely aware Gen Z and Millennials—are more and more opting, and asking, for extra inexpensive, sustainable choices. And, this vacation season, Santa will doubtless be putting just a few returned or secondhand gadgets beneath timber. , Take into account this: 2024 is projected to be the largest yr but for the giving of pre-owned gadgets, with an amazing 67% of millennials reporting that they’re more likely to buy and provides a pre-owned merchandise as a present.
Recommerce options are scorching for the vacations
Whereas it makes for a enjoyable new custom, Secondhand Sunday is an plain signal of a bigger development at play. Presently, the recommerce market is outpacing the first market on account of a number of elements, together with resale acceptance, new consumers and sellers, sustainability, and budget-friendly choices. Which means the demand for returned and pre-owned items is powerful and steady—an excellent factor contemplating the mounting problem of returned stock confronted by retailers, a scorching vacation subject in itself.
After seeing each the rising demand for once-bought merchandise and the complications that returned items trigger as they pile in already-full warehouses, many massive retailers and types are embracing recommerce and reselling hundreds of thousands of things into the secondary market. B-Inventory is happy to associate with at this time’s largest retailers, OEMs, and types on large-scale B2B recommerce options, together with a web based public sale platform, direct gross sales, and contract listings that present half one million enterprise consumers direct entry to returned and overstock stock, that they’ll then resell (on Secondhand Sunday and all yr lengthy!).
What a recommerce associate ought to deliver to the desk
The very best recommerce platforms in the marketplace are backed by expertise and information, and provide a number of channels to promote stock. In addition they provide:
Purchaser DemandYou’ll need entry to a big and vetted group of enterprise consumers concerned about merchandise throughout all classes and circumstances.
Versatile Resale ChoicesWhether or not your objective is to get well money, clear warehouse house rapidly, or guarantee model management, the perfect companions will assist construct a diversified resale technique that meets your wants.
Fast Cycle InstancesLowering the variety of days that stock spends in warehouses is paramount. With correct recommendation, you’ll be able to resell huge quantities of stock rapidly and predictably.
Information-backed Pricing & Efficiency InsightsHigh quality information needs to be recorded and analyzed to grasp seasonal demand, predict purchaser habits, and forecast resale pricing.
Skilled Administration & HelpSearch for an skilled account administration workforce that may present a data-backed resale technique, merchandise itemizing steerage, and buyer assist.
Because the world’s largest B2B recommerce platform, B-Inventory has constructed a set of secondary market gross sales channels, a base of 500,000+ enterprise consumers, in addition to a sturdy information set on shopping for and promoting developments throughout the secondary market. The truth is, all of those advantages are precisely why family names like Goal, Walmart, Amazon, Wayfair, Residence Depot, and extra belief us all yr lengthy to resell their returned stock into the secondary market.
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