Vendidit

IT'S TIME! We're ecstatic to finally announce the official launch of Vendidit, a new platform that will revolutionize the reverse logistics industry! An absolute disruptor! ?? Backed by our visionary co-founder, John Paul DeJoria, Vendidit is carefully constructed to transform how businesses manage their reverse logistics processes. Our platform provides innovative solutions to streamline returns and drive profitability. In a recent interview with Bloomberg, John Paul DeJoria shared insights into Vendidit's mission to empower businesses with efficient, AI assisted reverse logistics solutions. Join us on this exciting journey as we redefine the future of reverse logistics. Visit our website to learn more and sign up to become a buyer, or seller, on the Vendidit platform. It's time to change the world for the better! ?? ? www.Vendidit.com #VendiditLaunch #ReverseLogistics #Innovation #JohnPaulDeJoria #BloombergInterview #Vendidit

Looking forward to sharing Gary Stephens' interview soon with John Krinjak. Thanks for nailing it, and representing what we're doing here at Vendidit, Gary! If your company is struggling to manage reverse supply chain, EOL, or liquidation - you won't want to miss this on Fox News TV. Source: Narwhal Media Group + Jenn Gooding

Our CEO & Co-Founder Gary Stephens just got out of a great conversation at Fox News TV about what we're building! With a world class team at Vendidit, we're helping Enterprise and SMB players navigate the $800B Reverse Logistics industry - and making it easier for 105M+ resellers and consumers to get goods from the secondary market. Looking forward to sharing this interview with the world soon!

We’re excited to announce we’ve redesigned the product the listing cards on our marketplace! ?? As we add more features, we’ve been hard at work trying to discover the best ways to display our product listings. We needed something sleek and efficient. Our Main goals were: ???Modern Look ???Better readability ???More information ???Easier to scan ?? Displaying seller information on the card has been our number one seller request. Now it's conveniently shown at the bottom of every listing. These updated cards are now live on our platform. Check it out below ?? https://lnkd.in/g7SGGFwC

We're excited to announce the addition of shipping to our platform ?? ?? ?? We've been enjoying getting to know our clients in the local Austin area. Now we're ready to connect without distance being an issue. Our shipping feature is unique for sellers! How does it work? ?? Shipping is divided into tiers based on the size of the shipment. ?? Sellers set the tiers and their respective shipping prices. ?? Shipping cost is NOT factored into the bid amount, instead it's displayed as a separate charge. We designed it this way so sellers can establish a system to quickly classify what tier of shipping will be required for their items. This is CRUCIAL when you have hundreds of items to list! We will have a video going out soon showing how this new system works, stay tuned!

A new article was published just yesterday on yahoo! finance: Reverse Logistics Market to Reach $947.7 billion, Globally, by 2032 at 4.3% CAGR: Allied Market Research” --- Hang on a second... That’s a staggering amount of money in this notoriously clunky market! The report goes on to mention how the reverse logistics market was valued at $630.9 billion in 2022, and is estimated to reach $947.7 billion by 2032. One quote from this article really stood out: ”Product returns add about 7%-11% to the base price of any product sold through e-commerce, and this figure is likely to climb up, necessitating the rapid implementation of an effective reverse logistics solution.” ???Vendidit is that solution. ?? As a Reverse Logistics Hub, we aim to connect warehouse owners, resellers, big business, and of course, consumers. By doing so, we reduce the amount of touchpoints products travel through, thus decreasing the 7%-11% addition to a product’s base price. Simplifying this market = more products sold Stay tuned, we’re planning on shaking up the Reverse Logistics Industry. #reverselogistics #reselling #vendidit #ecommerce #returns #b2b #innovation #solution #future #ai

We love sharing thought leadership on LinkedIn, covering innovations, challenges, and trends in the reverse logistics industry. Today, we’re sharing something a little different. In this clip, Vendidit co-founder John Paul Dejoria introduces our company and highlights several ways Vendidit sets itself apart: ??The industry experience and innovative nature of fellow Vendidit co-founder Gary Stephens. ??The efficiencies our platform enables, improving speed and reducing costs. ??Our commitment to driving a more sustainable future. #ReverseLogistics #Innovation #Sustainability #Efficiency #Leadership #InventoryManagement #Vendidit

During the height of the Covid pandemic, tech companies rushed to acquire reverse logistics businesses to capitalize on the e-commerce boom. However, as highlighted by Modern Retail, companies unprepared for the complexities of reverse logistics had to pivot quickly, resulting in divestitures. Success in reverse logistics requires expertise that comes only from direct experience. At Vendidit, our founders have deep knowledge in reverse logistics, allowing us to understand and navigate the industry's nuances. This expertise is crucial in building our world-class reverse logistics platform, enabling us to deliver real value to consumers and merchants. #ReverseLogistics #Ecommerce #BusinessStrategy #IndustryInsights #Vendidit

We can’t contain our excitement about Mobile Disrupt! ??? Vendidit co-founders Gary Stephens and John Paul Dejoria are honored to be Keynote Speakers for this pivotal industry event. Join them in Las Vegas next month for groundbreaking insights, thought leadership, and invaluable connections. You don’t want to miss it! Save the date and be part of the conversation that’s shaping the future of the mobility industry. #Leadership #Networking #MobilityIndustry #LasVegas #Conference #Vendidit

Fascinating facts regarding consumers’ views on sustainability, taken from a recent write-up by the National Retail Federation: ??Over half of the U.S. population now says concern for the environment is very serious and should be a priority for everyone, an 18-point increase in the last decade. ? 80% of Americans now agree that a waste-free lifestyle is an appealing possibility in the next 20 years. ??Over half of Gen Z agree they would do more for the environment, but don’t know how, up nearly 20 percentage points from 2020. We believe that from this data, it can be surmised that companies will be well-served to (a) demonstrate a commitment to sustainability, and (b) make it easy for consumers to share in that commitment through their purchase decisions. Further, efforts to engage with younger consumers by educating them on the benefits of circularity has particular potential to drive customer lifetime value for companies operating within that sphere. #ReverseLogistics #CircularEconomy #Sustainability #ConsumerBehavior #BusinessInsights #CustomerLifetimeValue #Vendidit