REDWOOD CITY, Calif., July 6, 2016 /PRNewswire/ -- B-Stock Solutions, a technology provider powering the largest network of B2B liquidation marketplaces for Fortune 1000 organizations, is pleased to announce the launch of Overseas Trading Group's official liquidation marketplace. This B2B online auction site will give business buyers around the globe access to new, overstock, closeout and customer-returned merchandise including apparel, accessories, children's items, jewelry, tools & hardware and other mixed goods. There will also be a special category for buyers specifically looking for merchandise to export. The products will be sold in bulk ranging from a single pallet to full truckloads and containers. Bidding is currently open at https://otg.bstock.com with additional inventory being posted regularly.
"B-Stock is thrilled to be partnering with Overseas Trading Group on a customized liquidation marketplace. This marketplace is especially significant as we've had a long-standing business relationship with OTG via our B-Stock Supply marketplace and now, having the opportunity to deliver an Enterprise Solution in support of OTG's strategic business goals, is extremely gratifying," said Eric Moriarty, B-Stock's VP of Sales.
B-Stock Solutions' B2B Enterprise Solution will give Overseas Trading Group access to a dedicated team of marketplace management experts, who will oversee the development and execution of the appropriate auction strategy to optimize their recovery rates.
"Through our customized marketplace, powered by B-Stock, we look forward to expanding OTG's B2B offering and giving our buyers an additional platform to obtain bulk quantities of new, overstock, closeout and customer-returned merchandise via a transparent and secure online auction process," said Michael J. Smith of Overseas Trading Group.
B-Stock Solutions is revolutionizing the liquidation business by providing buyers direct access to consumer-returned, new, overstock and closeout inventory from manufacturers and retailers from any location around the globe. Our technology platform and data analytics enables an efficient, direct relationship between buyers and sellers via private label B2B marketplaces.
About B-Stock Solutions
B-Stock Solutions is a technology provider, powering the largest network of B2B liquidation marketplaces. Our award-winning platform connects customer returns and overstock inventory from retailers and manufacturers directly to qualified business buyers through customized, private-label online auction marketplaces. Hundreds of companies, including six of the top 10 U.S. retailers, are using B-Stock Solutions' data-driven platform to increase recovery rates on their excess inventory by 30-80%. B-Stock is revolutionizing traditional liquidation by promoting a direct relationship between retailers/manufacturers and secondary-market buyers. For more information, please visit http://bstock.com.
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SOURCE B-Stock Solutions