At DealDash, we’re proud of how our unique business model not only facilitates bringing amazing deals to our customers but also helps the environment. You might ask how snapping up excess inventory from manufacturers and auctioning it off on a digital platform can be good for our planet—and that’s a valid question. Luckily, there’s an easy answer.
Because it might not be immediately apparent, let’s take a closer look at how the DealDash business model of buying excess inventory from suppliers works to benefit the environment.
What is Excess Inventory?
Excess inventory refers to runs of products that businesses have not been able to sell through their usual channels. These items are often brand-new and high-quality but may be left over due to overproduction, seasonal changes, or new models replacing old ones. Instead of letting these products go to waste, DealDash partners with brands to offer them to you at great prices. Some examples of the excess inventory we tend to purchase and offer up for auction are sporting goods, electronics, and fashion and beauty products, although there are many, many more.
Reducing Waste
When businesses find themselves burdened with excess inventory, they often dispose of it by sending whatever can’t be sold to landfills. This adds to the growing global problem of waste and pollution. By purchasing these items and putting them up for sale, we encourage our customers to buy them and put them to use, where instead they might’ve been simply disposed of. This helps to reduce the amount of unnecessary waste and pollution in the world.
Saving Resources
Producing new products requires a lot of finite resources such as raw materials, energy, and water. When DealDash buys excess inventory, we are essentially obtaining products that have already been made and repurposing them. This means we are ensuring that the valuable resources that have already gone into manufacturing these items have not been used up for no reason. This helps reduce the strain on our natural resources and supports more sustainable production practices.
Lowering Carbon Footprint
Manufacturing new product runs also involves processes that release greenhouse gasses into the atmosphere, which is a major contributing factor to climate change. By buying and using excess inventory as our business model, we lower the demand for new products and, in turn, reduce the carbon footprint associated with manufacturing. This seemingly small step can make a big difference in the fight against global warming.
Encouraging Responsible Consumption
When customers buy excess inventory from DealDash it encourages a culture of responsible consumption. Instead of always buying the latest model or the newest item, we can make use of perfectly good products that might otherwise be wasted. This helps promote a more sustainable way of living and thinking about purchases, in much the same way buying thrifted or pre-used products does—only in DealDash’s case, our products have never been used before.
Supporting Eco-Friendly Businesses
Many businesses that find themselves in possession of excess inventory are committed to eco-friendly practices. At DealDash, we make a concerted effort to support these sorts of businesses by buying up their surplus products, and by extension, helping them in their quest to reduce waste and promote sustainability. This creates a positive cycle where both consumers and businesses work together for a greener future.
Making a Positive Impact Together
In summary, the DealDash business model not only helps our customers save money when buying brand-new and high-quality products but also helps the environment. By scooping up excess inventory and selling it through digital auctions, we reduce waste, save resources, lower our collective carbon footprint, encourage responsible consumption, and support eco-friendly businesses. All of this serves to make the planet healthier. So, the next time you participate in a DealDash auction, remember that you’re not just getting a great deal—you’re also doing your part for the environment!