Off-price Solution Description
The off-price retail sector is expanding at an unprecedented rate, but what exactly does it entail, and what contributes to its remarkable success? In this concise overview, we will explore the concept of off-price retail and uncover the factors that attract both brands and consumers. INTURN stands out as the sole enterprise inventory optimization platform that enables brands to effectively unload slow-moving and surplus stock to retailers, allowing them to recover cash more rapidly. Discover how our solution can enhance your off-price operations. Brands often grapple with surplus inventory that remains unsold at full price or even at reduced prices in retail environments, necessitating a strategy to monetize this excess stock for healthy cash flow and business viability. Consequently, they frequently turn to off-price retailers, who purchase these goods at substantial markdowns ranging from 40% to 60% off the wholesale price, accepting whatever terms are available for their surplus items. This dynamic not only benefits brands seeking to clear inventory but also empowers off-price retailers to offer attractive deals to budget-conscious consumers.
Off-price Solution Alternatives
RetailEdge
RetailEdge is a simple-to-use and feature-rich point to sale (POS) and inventory software solution for retail businesses. RetailEdge is a product of High Meadow Business Solutions. It offers multi-location support, credit card processing, website integration and mobile POS. Gift card management capabilities are also included in the suite. The solution supports mobile and secure payments such as Apple Pay and EMV. It also integrates with multiple ecommerce platforms for efficient order processing, price updates, and gift card management capabilities.
How are we different?
1. One time-fee for the software.
2. Hybrid software, with all local data, to ensure you have fast real-time access to all your data when the internet is down or, more often, slow.
2. Comes with an hour of free training with real people. This includes making sure your inventory is structured properly and familiarizing you with the many powerful tools that will help you grow your business.
3. Optional on-going support and updates, designed to affordably fit your business needs, not the other way around.
Integrated credit card processing with the most modern features and developed to get you the lowest rates so that you save money.
Learn more
Price2Spy
Price2Spy is one of the global pioneering pricing software offering the full scope of features from gathering product pricing and additional product data to automated repricing mechanisms, along with alerts and reports for clients to get the most meaningful insights in real-time.
If your business offers a large number of products and/or encounters fierce competition, no matter the industry, you can rely on Price2Spy eCommerce pricing software and leave all operational processes to our team. Currently, we support retailers and brands in 40+ countries with pricing intelligence, helping them grow profit margins and outsmart competition.
Price2Spy makes automatic price adjustments easy to perform saving your most valuable resource - time, allowing your pricing team to focus on strategic planning and management.
Learn more
SKYPAD
Retailers and wholesalers worldwide utilize SKYPAD to gain enhanced insights and achieve quicker execution in their retail operations. Equipped with sophisticated tools that enable access to timely and relevant data, brands and purchasers can swiftly make informed decisions during the selling season, thus improving sell-through rates, minimizing markdowns, and ensuring a tailored and well-rounded shopping experience for consumers. SKYPAD Multi-Retailer serves as a comprehensive service tailored for brands to aggregate, unify, and analyze sales and inventory information across various retailer partners and diverse data sources. In contrast, SKYPAD Single Retailer is a subscription specifically designed for individual retailers, allowing brands to obtain sell-through performance analytics through SKYPAD instead of relying on emailed merchant reports. Meanwhile, SKYPAD for Retailers caters to multi-brand retailers, facilitating seamless sharing and reporting of sales and inventory data between merchants and suppliers, thereby enhancing collaboration. This innovative approach not only streamlines processes but also fosters a more efficient retail ecosystem overall.
Learn more
Indigo8
Indigo8 is capable of overseeing your inventory alongside the full product lifecycle, ranging from production to sales. By partnering with key wholesale, accounting, and e-commerce platforms, we enable you to efficiently manage your business through a single, user-friendly solution that minimizes daily administrative burdens. Our system ensures that inventory levels are synchronized across your entire organization. Additionally, we enhance the management of open inventory across various locations, which helps to boost sales, reduce expenses, and automate the restocking process. You can effortlessly coordinate inventory across multiple online stores, allowing retail locations to access real-time online stock and fulfill orders with ease. This means that customers shopping in-store can browse all available inventory seamlessly. Furthermore, we create a cohesive shopping experience where customers can purchase items online or in-store, return products through either channel, and accumulate loyalty points across all sales platforms. In doing so, Indigo8 not only simplifies the shopping journey but also fosters customer satisfaction and retention.
Learn more
Integrations
Company Details
Company:
INTURN
Headquarters:
United States
Website:
www.inturn.com/off-price/
Media
Recommended Products
Our Free Plans just got better! | Auth0
You asked, we delivered! Auth0 is excited to expand our Free and Paid plans to include more options so you can focus on building, deploying, and scaling applications without having to worry about your security. Auth0 now, thank yourself later.
Product Details
Platforms
Web-Based
Mac
Windows
Types of Training
Not Offered
Customer Support
Not Offered
Off-price Solution Features and Options
Retail Management Software
CRM
Commission Management
Email Marketing
Employee Management
Loyalty Program
Mail Order
Merchandise Management
Multi-Location
Order Management
Purchase Order Management
Reporting/Analytics
Returns Management
eCommerce
Off-price Solution Lists
Off-price Solution User Reviews
Write a Review- Previous
- Next