Overstock Success Strategies
Success on Overstock Shopping can largely be defined by three factors: The right Merchant The right Product The right Value
Experienced Online Retailers In order to become an Overstock Fulfillment Partner merchants should meet the following criteria: Merchant Key Points - Loyal customers with high conversion rate
- Few SKUs but significant quantity
- Risk-free selling with no fees
- Merchants received the full agreed-upon price with no additional transactional fees
- Overstock assumes fraud risk
Overstock manages checkout and customer care - Merchant is guaranteed to receive funds for each shipped product
- Dedicated account management team
- Each merchant works with a Partner Manager and Buyer to identify products and resolve issues
- Co-op marketing opportunities for qualified partners
- Merchants with track record and significant depth have promotion opportunities (paid and included)
- Deep inventory and stable sourcing
- Drop-ship and significant eCommerce experience
- Commodity-type inventory, no one-off products or low ASP (no media)
- Home & Garden, Consumer Electronics, Jewelry, Sporting Goods and Apparel category
- Understands that Overstock owns the customer
- Offers very low pricing that is essentially the lowest on the internet
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