Simplifying Over $800B in Secondary Markets
Vendidit is a modern AI-powered marketplace for the 105M+ resellers and consumers in the secondary market.
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Avoid resorting to landfills
Six billion pounds of returned products end up in landfills per year. Many warehouses just don't have the space to hold the increasing number of returned products per year. Getting items sold and moved is a key to reducing waste.
We're changing the world for the better.
The value of goods being returned, resold, and liquidated is estimated to be valued at around 2 Trillion in 2030. We want to make it easier for sellers to move merchandise through this market, and for buyers to tap into the market.
16%
Retail Items Are Returned
93%
Consumers Shop Resale
800B
Annual Transactions
A marketplace for easy, transparent
sales and liquidation.
Co-founded by Patron Tequila and Paul Mitchell Systems founder John Paul DeJoria & Renew Logics CEO Gary Stephens.
Built from Imagination
As the reverse logistics market grows and changes, so should the tools we use to navigate it. Vendidit was born from a conversation between John Paul DeJoria and Gary Stephens as they imagined a solution for their own warehouses and secondary markets.
Trust is Everything
After 15 years in pallets, truckloads, and global reverse supply chains, we've learned one thing: the trust amongst buyers and sellers is abysmal on software products.
In the end, there are trusted networks that maybe operate on different platforms or tools, but the human trust is everything.
Making a Difference
Many warehouse owners simply don't have the space for inbound returns and overstocked products, nor the time to organize and list them. Helping get things sold in the reverse logistics industry reduces potential waste from ending up in landfills.
Contact Our Team
Learn how Vendidit can help you move inventory faster.