Intense competition in the retail industry has made generous return policies essential to customer acquisition and retention. An unfortunate by-product of this ever-present reality is an increase in customer returns, most of which retailers are unable or unwilling to resell themselves. Furthermore, forecasting inaccuracies and continual pressure to offer the latest models can lead to significant volumes of overstock and discontinued product.

Traditionally, retailers have fallen back on a variety of techniques to deal with these types of inventory, from haggling with liquidators and offering product locally at deep discounts to securing vendor return allowances through costly concessions. While these approaches can be convenient, best-in-class companies are reinforcing their bottom lines through a more innovative approach: remarketing directly to the millions of online discount shoppers who regularly seek out distressed inventory.

Through Optoro’s proprietary selling software that targets online buyers across multiple global marketplaces, clients bypass layers of middlemen to share in the higher return gained by reaching end consumers. Our streamlined solution requires little client-side implementation, unburdens valuable warehouse space, and accelerates speed to sale.

Optoro's economies of scale efficiently maximize the sorting, inspecting, testing, and cataloguing of overstock and customer returns. Add to that fully customizable reporting, channel-conflict management, and eco-friendly product disposition, and you'll see why Optoro is the most comprehensive, cutting-edge, and value-driven asset recovery solution on the market for retailers.

For a more detailed analysis of how Optoro can address your specific inventory needs, click here to contact one of our asset recovery specialists.