Winner in the Business-to-Business Category for BULQ on eBay.
Optoro, the leader in returns technology, was named the winner of a Gold Stevie Award in the Business-to-Business category in The 18th Annual International Business Awardst. Optoro won for its BULQ on eBay partnership integration that connects customer returns and excess inventory of top retailers directly to the eBay seller community to give the products a second home while providing extra income for the gig reseller economy.
The International Business Awards are the world’s premier business awards program. All individuals and organizations worldwide – public and private, for-profit and non-profit, large and small – are eligible to submit nominations. The 2021 IBAs received entries from organizations in 63 nations and territories.
BULQ on eBay is a trusted wholesale liquidation source that works with top retailers to put excess or returned inventory in the hands of resellers. The platform makes it faster and more seamless for resellers to source and list inventory on their own eBay stores. In turn, retailers are able to find homes for products that are taking up space in their warehouses and would otherwise end up in a landfill. Stevie Award judges were particularly impressed by BULQ on eBay’s innovative features, efficient processes and commitment to sustainable business solutions. The partnership has helped resellers save up to 50% of their listing time using eBay’s first-of-its-kind auto relisting solution and has worked with big name retailers like Target to rehome inventory.
“We are thrilled to be recognized as a winner in the 18th Annual International Business Awards,” said Tobin Moore, CEO and co-founder, Optoro. “We created BULQ to solve an inventory problem for retailers and the environment by connecting their returned and excess goods to the many micro entrepreneurs looking to make a better living as resellers. Through this partnership with eBay, we have been able to streamline this process through automation and give access to a great inventory source for a large buyer base of resellers in need of extra income, while also keeping more items out landfills and we’re honored to have been recognized by the International Business Awards for those efforts.”
Stevie Award winners were determined by the average scores of more than 260 executives worldwide who participated in the judging process from June through early August.
“What we’ve seen in this year’s IBA nominations is that organizations around the world, in every sector, have continued to innovate and succeed, despite the setbacks, obstacles and tragedies of the ongoing COVID-19 pandemic,” said Stevie Awards president Maggie Gallagher. “All of this year’s Stevie Award winners are to be applauded for their persistence and their resilience. We look forward to celebrating their achievements with them during our 8 December virtual awards ceremony.”