|No Better Deal|
By Melissa Tosetti
Why pay retail when there is NoBetterDeal?
NoBetterDeal.com is an online store where shoppers can purchase surplus inventory and retail returns at prices below what even wholesalers pay.
They carry just about any product you can imagine including Computers, Electronics, Tools, Sporting Goods, plus items for Kids, Babies and your Home. Their prices are particularly competitive when it comes to televisions.
I recently spoke to Tom McElroy, NoBetterDeal’s vice president of e-commerce, and asked just how good of a deal can you get? The answer: 30% - 70% off the price of retail.
Many of the products they receive were originally returned by consumers experiencing buyer’s remorse or who found a cheaper product somewhere else. All items go through an inspection process and are priced according to condition.
A particularly good time to shop is mid-January when retailers receive returned products after the holidays. In fact, six to eight weeks after each season’s sales are good times to buy.
New items are uploaded every 30 minutes making the site addicting. Anywhere between 500 and 1,000 new products arrive every day!
There is a positive environmental aspect to NoBetterDeal’s business model as well. In addition to giving second life to the products they sell, they also liquidate broken products (that they can’t sell) to vendors who repair and then retail the items themselves. They prevent thousands of products from going into landfill.
Tom’s Insider Tips
You need to understand the lingo. There are six different categories for each of their products: New, Like New, New Box-Damaged, Open Box, Refurbished and As Is. Knowing the difference will help you to identity the best deals for you.
They offer a 30 day return policy and will refund your money, plus pay for return shipping. Products that have been refurbished have a 60 day return policy. They’re confident in their generous return policy as less than 2% of items sold are returned.