Client Onboarding Process

Selling excess inventory is not simply transactional; it involves transforming inventory management into a strategic process.

By aligning the management of excess inventory with your sales strategy, your excess inventory, whether purchased directly by us or placed within our network of buyers, becomes part of a cohesive sales plan. This distinction lies in the implementation of a well-aligned process that complements your strategy versus a chaotic rush to offload products hastily.

Depending on the inventory and your goals, Overstock Trader may purchase your excess inventory directly or place it within our network of vetted buyers. We’ll walk you through which path makes sense for your specific situation during onboarding.By aligning the management of excess inventory with your sales strategy, your excess inventory, whether purchased directly by us or placed within our network of buyers, becomes part of a cohesive sales plan. This distinction lies in the implementation of a well-aligned process that complements your strategy versus a chaotic rush to offload products hastily.

We gain a deeper understanding of your company, your products, the markets you operate in, and your market positioning. We engage in conversations regarding pricing strategies, whether we’re purchasing the inventory directly or securing placement within our network, and determining the right approach for reaching the appropriate buyers while avoiding channels that could conflict with your brand. We also explore the strategies you typically employ for managing excess inventory.

We delve into the details regarding the excess inventory for which you are seeking alternative distribution. We aim to understand the factors that led to the surplus inventory, such as canceled orders or low demand. Additionally, the available quantities, minimum order requirements, and the strategies employed thus far for these specific items, including any parties who have already evaluated them, so we can determine whether a direct purchase or placement within our network is the better fit. Additionally, we’ll address any restrictions or limitations associated with this inventory.

This infographic presents an outline of our process, which will guide you through the steps we take to ensure a smooth and efficient experience for your organization. Our aim is to establish alignment in goals, facilitate effective communication, and deliver optimal results.

Remember, this is a general framework, and the specific steps may vary depending on strategy, project scope, and organizational requirements. We adapt this process to your unique needs. Depending on the inventory, we may purchase it directly, or place it within our vetted network of reliable buyers, whichever gets you the best outcome.

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