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Thursday, March 04, 2010

Best Buy to Buy Back

Evan Schuman in StoreFrontBackTalk writes about the intriguing implications of Best Buy re-purchasing used products: ' ... With the economy putting intense pressure on supplier costs—while also making lower cost merchandise highly attractive—Best Buy is quietly making a push into the secondary market, a strategy that is opening huge possibilities in its CRM analytics. Suddenly, a sold product starts the clock on when it can be profitably bought back ... '... And it's an application for the process known as reverse logistics.
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