Title: Online Liquidation vs. Traditional Retail: What’s the Difference?
1Online Liquidation vs. Traditional Retail Whats
the Difference?
2INTRODUCTION
The primary difference between online
liquidation, traditional retail, and Online
auctions in MN lies in their business models
retail sells full-price items, liquidation offers
surplus deals, and auctions provide bidding
opportunities.
3 TRADITIONAL RETAIL
ONLINE LIQUIDATION
- Inventory Source Traditional Retail purchases
fresh stock directly from manufacturers. - Pricing Traditional Retail typically sells
products at full price or during seasonal sales. - Customer Experience It provides in-store
customer service, with generous return policies.
- Inventory Source Online Liquidation focuses on
surplus, returned, or excess inventory. - Pricing It offers discounted or clearance prices
to clear surplus stock. - Customer Experience It involves limited return
policies and often takes place online.
4Thank You