The official begin of the vacation purchasing 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 significantly 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 financial 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 style fads will all the time be on the high of want lists, many People—particularly, socially acutely aware Gen Z and Millennials—are more and more opting, and asking, for extra reasonably priced, sustainable choices. And, this vacation season, Santa will possible be inserting a couple of returned or secondhand gadgets beneath bushes. , Take into account this: 2024 is projected to be the most important yr but for the giving of pre-owned gadgets, with an awesome 67% of millennials reporting that they’re more likely to buy and provides a pre-owned merchandise as a present.
Recommerce options are sizzling for the vacations
Whereas it makes for a enjoyable new custom, Secondhand Sunday is an plain signal of a bigger pattern at play. Presently, the recommerce market is outpacing the first market attributable to a number of components, together with resale acceptance, new consumers and sellers, sustainability, and budget-friendly choices. Which means the demand for returned and pre-owned items is robust and steady—an excellent factor contemplating the mounting problem of returned stock confronted by retailers, a sizzling vacation matter 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 giant retailers and types are embracing recommerce and reselling thousands and 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 an internet 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 convey to the desk
One of the best recommerce platforms available on the market are backed by expertise and knowledge, and supply a number of channels to promote stock. Additionally they supply:
Purchaser DemandYou’ll need entry to a big and vetted group of enterprise consumers enthusiastic about merchandise throughout all classes and circumstances.
Versatile Resale ChoicesWhether or not your objective is to get better money, clear warehouse area rapidly, or guarantee model management, the very best companions will assist construct a diversified resale technique that meets your wants.
Fast Cycle OccasionsLowering the variety of days that stock spends in warehouses is paramount. With correct recommendation, you may resell large quantities of stock rapidly and predictably.
Information-backed Pricing & Efficiency InsightsHigh quality knowledge needs to be recorded and analyzed to know seasonal demand, predict purchaser habits, and forecast resale pricing.
Knowledgeable Administration & AssistSearch for an skilled account administration group that may present a data-backed resale technique, merchandise itemizing steering, and buyer help.
Because the world’s largest B2B recommerce platform, B-Inventory has constructed a collection of secondary market gross sales channels, a base of 500,000+ enterprise consumers, in addition to a strong knowledge set on shopping for and promoting traits throughout the secondary market. In truth, 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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