Question
In the link below, video CNBC takes you on an exclusive tour inside a Liquidity Services returns warehouse outside Dallas, Texas, where unwanted goods from
In the link below, video CNBC takes you on an exclusive tour inside a Liquidity Services returns warehouse outside Dallas, Texas, where unwanted goods from Amazon and Target are stacked to the ceiling. A record number of online returns has created a booming $644 billion liquidation market, which means big business for the nation's only major public liquidator, which also refurbishes highly sought-after electronics amid a shortage of new goods.
https://www.youtube.com/watch?v=g89jo5MMwnY
After watching the video, please identify how Liquidity Services creates and captures value for customers. In deciding how to organize its transactions, Liquidity Services must assess what type of relationship will create the most value from its transactions. please Provide examples of how Liquidity Services leverages asset specificity, frequency, and uncertainty in its transactions to create positive or negative synergies through its operations.
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