Read two similar articles yesterday, one from the USA, the other from the UK, about this year setting records for customer returns online and in person. Apparently there is a cottage industry surrounding this activity, with some companies simply liquidating trucks full of returns, selling them to brokers who eventually get them online and into lower tier retail shops.
But according to the WALL STREET JOURNAL, some of the online and big-box giants resell 70% of returns after a quick going over.
Does this make seasoned gear purchasers avoid buying after Christmas--EVEN FROM BIG NAME, AUTHORIZED DEALERS? Seems much more likely to get a lens or something else that has been played with and bounced around during deliveries.
And when we see deals from lesser-known companies online, sometimes mentioned here or at CPW, are we seeing the items that are being brokered out?
I also wonder if the same applies to CPW "Street Price" items, where returns that are deemed fine except for packaging get sold at sometimes big discounts?
If interested, here are the links, WSJ first, then FINANCIAL TIMES:
http://www.wsj.com/articles/with-christmas-over-millions-of-gift-returns-begin-1419627514?mod=WSJ_hpp_sections_business
http://www.ft.com/cms/s/0/eedfc436-8e76-11e4-ac79-00144feabdc0.html#axzz3NH9qqUQM
But according to the WALL STREET JOURNAL, some of the online and big-box giants resell 70% of returns after a quick going over.
Does this make seasoned gear purchasers avoid buying after Christmas--EVEN FROM BIG NAME, AUTHORIZED DEALERS? Seems much more likely to get a lens or something else that has been played with and bounced around during deliveries.
And when we see deals from lesser-known companies online, sometimes mentioned here or at CPW, are we seeing the items that are being brokered out?
I also wonder if the same applies to CPW "Street Price" items, where returns that are deemed fine except for packaging get sold at sometimes big discounts?
If interested, here are the links, WSJ first, then FINANCIAL TIMES:
http://www.wsj.com/articles/with-christmas-over-millions-of-gift-returns-begin-1419627514?mod=WSJ_hpp_sections_business
http://www.ft.com/cms/s/0/eedfc436-8e76-11e4-ac79-00144feabdc0.html#axzz3NH9qqUQM