After the exhilarating rush of holiday sales, retailers—both online and offline—find themselves grappling with the aftermath: returned goods and products.

Despite the jubilation of record-breaking sales, retailers are left with the daunting task of managing the influx of returned merchandise, amounting to billions of dollars in value. Often, these retail giants are compelled to offload rejected appliances, unwanted clothes, and unused toys for a fraction of their original price—mere pennies on the dollar. This process is facilitated by a sprawling ecosystem of resellers, spanning online auctions, outlet stores, flea markets, and salvage dealers. For instance, electronic appliances typically fetch prices significantly below half of their retail counterparts.

Remarkably, a substantial portion of these returned goods—ranging from bulky washing machines to compact hair dryers—are re-entered into the market at a mere fraction (30 to 35%) of their original list price, sometimes within days of being returned. The secondary market within the retail industry has experienced a steady surge in volume, highlighting the growing demand for discounted merchandise.

  • ASIN: B09LKDQJPF
  • Publication date: November 9, 2021
  • Language: English
  • File size: 258 KB
  • Text-to-Speech: Enabled
  • Screen Reader: Supported
  • Enhanced typesetting: Enabled
  • X-Ray: Not Enabled
  • Word Wise: Enabled
  • Sticky notes: On Kindle Scribe
  • Print length: 39 pages
  • Page numbers source ISBN: B0BJHNSJKJ
Weight 0.45 lbs
Dimensions 6 × 9 × 1 in
version

Kindle Edition, Paperback