Good Lifestyle

Americans like to go shopping. They also likereturn the gifts they do not like.

Last holiday season, clients returned a recording of 1.4 million packages by January 3, 2018, according to UPS figures - an increase of 8% compared to the previous year. OPTORO, a company specializing in the return shipments,valuedThese $ 90 billion of about - about the GDP of Slovakia - goods were returned during the 2017 holiday season. (The company estimates that about a quarter of all returns occur around the season holidays). And this year, you can bet that these figures will no higher through a particular factor: LAX return policies

Retailers can promise you "free gift yields", but returning the items you do not want you to finish by costing a cash figure. (Do not worry: it's notyour Money.) About a quarter of the items are returned directly to the manufacturer, while the rest goes to secondary retailers. Anyway, the seller must eat the cost of return.

"They simply accept it as a price of doing business," said Jonathan Byrnes, Senior Speaker at MIT Transport & Logistics CenterCNN says.

Upon receipt of the returned article, the retailer must cover the cost of assessing the state of the product and to recondition.If it is in a quasi-perfect condition, it can be delivered on the shelf and resell at the total cost. Unfortunately, less than half of all returned products are in good shape (48%, to be exact, according to a Gartner survey of 300 retailers). A percentage of those who are not enough for reselling form can be sold for a fraction of their initial value to discountiers and liquidators, and end up in regional wholesalers.

Cbcgive the exampleLiquidity services, which sees about 50,000 items move through its facilities every two weeks due to some kind of problem with the product. These are then packed and sold to a steep discount to negotiate retailers, eBay sellers, andflea markets. These buyers pay a cheap price for a range of goods without description of products outside a general category, such as "Homewares". Or, for a price slightly higher than dirt, they can get a product palette that includes a manifest describing what is actually in the lot of stuff. If the buyer is hard for what he sells, they can be difficult to know what he buys.

The rest of the products has just been thrown. Tobin Moore, OPTORO CEO, estimates that 30 to 40% of the goods returned to retailers end up being raised because of the additional costs they create to raise the supply chain.

"Some goods, if it is a greater value product in a stronger brand, such as an iPad or iPhone, it will come back and we can resell it for 80% of the value",CNBC says. "However, if it is a lower mark that is not so well known, and it's original clothing and $ 20, it may be worth pennies on the dollar." And if you prefer not inadvertently contributing to this vicious circle, do you buy that no one will come back by checking these50 gifts so great that you will want to buy them for yourself.

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