Rhino Mart

Capitalizing on Customer Returns for Profit

It’s February, and the time has come to cash in on customer returns season. Retailers across the nation are tightening up their return policies. Many expired by the middle or end of January. This doesn’t stop the steady stream of after-Christmas gift returns and exchanges. In the upcoming months, expect wholesale distributors’ customer returns inventory to soar!

Even with the increase of holiday gift card sales, customer returns are still anticipated to make a big difference in the first quart for most companies. As retailers have moved more and more into the digital realm, the shoppers have followed closely behind. Selling by pictures and descriptions leaves a considerable gap possible between customer expectations and customer satisfaction upon delivery.

Novelty areas such as candles, picture frames, electronics, gadgets, and gizmos can easily be repurchased in a wholesale outlet for Mother’s Day, Father’s Day, and graduation gifts. Customer returned office supplies and children’s apparel are sure wins for back-to-school season. Don’t forget to help that college student stock the kitchen with the best of factory refurbished and customer returned small appliances. It will give them more money for books!

It takes a little bit of legwork to find the best wholesale deals for your inventory needs. A great start is business to business sites, like Rhinomart.com, to make sure your inventory needs are stocked and ready for the next occasion of gift giving. Customer returns are frequently packaged in bulk, and can take time to ship and handle. If a lot is too large for your expected sales, start working with wholesalers now to see if your specific needs can’t be met. If given enough lead time, most wholesale distributors are willing to adjust pallets and case lots, or keep you aware of other product offerings that sound like a better fit.

 

This article was published on Thursday 07 February, 2008.
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