/ Technology

Liquidator Genco launches new direct-to-consumer e-commerce site

The logistics and liquidation company has formally launched its own e-commerce site, NoBetterDeal.com. It will sell new and like-new products such as televisions, laptops, iPods and other electronics, video games, furniture, tools and sports equipment.

Posted 03/05/2009Katie DeatschPost a comment

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/ Technology

Genco’s new eBay mantra: Start low, sell high

Liquidator Genco Distribution Systems recently found a correlation between the starting price of an auction and the winning bid.

Posted 05/01/2003Kurt PetersPost a comment

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/ Technology

Auctions and the point of diminishing returns

To speed liquidation of 1,000 shavers on eBay, the seller boosted listings from 3 a day to 10 a day, but higher availability made the shavers appear less valuable and prices fell by a third.

Posted 04/10/2003Kurt PetersPost a comment

/ Technology

Genco announces new partnership with Auctionworks to manage sales on eBay

The service is scaled to let large retailers test the waters on eBay and in other online marketplaces for returned and surplus goods.

Posted 09/25/2002Kurt PetersPost a comment

Auctioning returned goods online is tougher than anticipated, Genco says

Seven months after launching online auctions with Slingshot Solutions, Genco tries out another auction management provider.

Posted 05/23/2002Kurt PetersPost a comment

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Returns Online and Dealtree launch partnership for online auctions

The integrated technology and fulfillment offering of Returns Online and Dealtree becomes the latest end-to-end returns solution for retailers looking to the online secondary market.

Posted 05/15/2002Kurt PetersPost a comment

/ Technology

Narrowing in on which returned goods sell best at auction

By sticking to categories like consumer electronics and power tools, online auctions are delivering 78% on the cost of goods for retailers. Other categories aren’t worth the auction trouble, says Genco.

Posted 04/15/2002Kurt PetersPost a comment

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Sears nets greater return by moving surplus inventory to online auctions

“Masked” online auctions liquidate merchandise far from the brand, but recoup more on the retailer’s dollar – even on distressed goods.

Posted 03/27/2002Kurt PetersPost a comment

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