In the first 6 months, Joybird saw over 51% sell-through and 72% gross recovery on their returned items sold via their new recommerce program with FloorFound, called New to You.
With these results Joybird was able to accelerate buy-in for recommerce and gain the executive sponsorship that is essential to any circular program’s success.
By partnering with FloorFound, Sabai has seen a sell through rate of nearly 99%, finding new homes for their award-winning designs and achieving 70% gross recovery along the way.
So far, Floyd has seen over 88% sell through of their returned items within 60 days of listing. And with an average discount rate of 36%, Floyd is able to retain significantly more revenue compared to liquidation.
By partnering with FloorFound, Burrow has been able to extend that flexibility into recommerce — offering existing customers a worry-free returns experience while simultaneously providing a lower price point for new value-driven customers.