MONEY

Woodbridge-based GoOpenBox.com competes with Big Lots

Bob Makin
@ReporterBMakin

Consumers looking to leverage more buying power with their dollars can now turn to Woodbridge-based GoOpenBox.com, a new website offering deep discounts on overstock and open box merchandise.

Built on a model of acquiring products that have been overstocked, returned, or received minor cosmetic damage to the packaging, GoOpenBox acquires that merchandise and offers it for sale through its e-commerce site at a significant savings compared to the original retail price. In addition to openbox merchandise, GoOpenBox also offers returned, refurbished, and some brand new products at prices below that of even traditional overstock stores, such as Big Lots, the company said in a news release.

While there are many online players offering savings on their own returns and overstocks, such as Amazon.com's Warehouse Deals, the GoOpenBox model acquires those products from a variety of retailers, gathering the best deals together in one convenient location. GoOpenBox’s wide variety of products includes electronics, small appliances, household goods, video games and accessories, tools.

Staff Writer Bob Makin: 732-565-7319; bmakin@MyCentralJersey.com