The season of used gifts is here
As consumers and retailers look to capitalize on Gray Thursday, Black Friday, Small Business Saturday and Cyber Monday, the official start of the holiday shopping season is just around the corner, with big spending expected to occur during the Thanksgiving holiday. But this year, another “day” has been added to the promotional lineup (one we’re especially excited about!). used sunday. This annual holiday, which falls this year on December 1, encourages consumers to choose second-hand products on the holiday, celebrate the circular economy, reduce waste and save money (a stark contrast to the frenzied consumerism of Black Friday and Cyber Monday) ).
This Holiday, Gifts Mean Savings
New technology and fashion trends are always at the top of wish lists, but many Americans, especially socially conscious Gen Z and millennials, are increasingly choosing and demanding affordable and sustainable options. And this holiday season, Santa will likely place a few returned or used items under the tree. , consider this: 2024 is expected to be the biggest year for offering used items. An overwhelming 67% of millennials report that they are likely to purchase a used item and give it as a gift.
Recommerce solutions are popular during the holidays
While creating fun new traditions, Thrift Sundays are an undeniable sign that a bigger trend is afoot. The resale market is currently outpacing the primary market due to several factors, including resale acceptance, new buyers and sellers, sustainability, and budget-friendly options. This means that demand for returned and used goods is strong and stable. This is a very good thing considering the growing problem of returned inventory that retailers are facing. The hot holiday theme itself.
After seeing the growing demand for goods once purchased and the headaches caused by returned goods already filling up their warehouses, many large retailers and brands are embracing recommerce, reselling millions of goods on the secondary market. there is. B-Stock works with today’s largest retailers, OEMs and brands providing large-scale B2B recommerce solutions, including an online auction platform, direct selling, and contract listings that provide direct access to returns and overstock inventory to 500,000 business buyers. We are delighted to be partnering with you. , which you can then resell (on Secondhand Sundays and all year long!).
What a recommerce partner must bring to the table
The best recommerce platforms on the market are powered by technology and data, and offer multiple channels to sell your inventory. They also offer:
- buyer demand
You’ll want to reach a large, qualified group of business buyers interested in your products across all categories and terms. - Flexible resale options
Whether your goal is to collect cash, organize warehouse space, or ensure brand management, our best partners will help you build a variety of reselling strategies to fit your needs. - fast cycle time
Reducing the number of days inventory is stored in the warehouse is of utmost importance. With the right advice, you can resell large quantities of inventory quickly and predictably. - Data-driven pricing and performance insights
You need to record and analyze quality data to understand seasonal demand, predict buyer behavior, and forecast resale prices. - Expert care and support
Find an experienced account management team who can provide data-driven reselling strategies, product listing guidance, and customer support.
As the world’s largest B2B recommerce platform, B-Stock has built a suite of secondary market sales channels, a base of over 500,000 business buyers, and a robust data set on buying and selling trends across secondary markets. in fact, All of these benefits are why popular brands like Target, Walmart, Amazon, Wayfair, Home Depot, and more trust us. all year round We resell returned inventory on the secondary market.
Ready to learn more about B-Stock?
Visit our site to learn more. Or contact me Schedule a live platform demo today.
