Drive Revenue Growth and Profitability
Trove's recommerce solutions offer modular, high-engagement shopping experiences that contribute to revenue growth and increased profitability. By implementing Trove's branded resale sites, businesses can sell returned inventory and customer trade-ins while maintaining a fully branded customer experience. This approach not only enhances revenue streams but also attracts new customers and boosts the lifetime value (LTV) of existing ones.
Create Branded Resale Sites
With Trove, businesses can create on-brand, dedicated resale experiences that drive revenue, attract new customers, and increase customer LTV. These sites provide a seamless, catalog-powered shopping journey that spans from product discovery to purchase, enabling businesses to strengthen their brand story throughout the resale process.
Engage Customers In-Store and Online
Trove's digital and store trade-in experiences engage and activate customers across various touchpoints. By offering instantly shoppable gift cards, businesses can drive traffic to physical stores and boost in-store spending. Additionally, a digital trade-in program can enhance online sales and customer engagement. By leveraging trade-in programs, businesses create marketing channels with immediate payback, as customers generate more margin in their first visit than the cost of the gift card.
Integrate Used and New Experiences
By integrating used and new items on current ecommerce sites, businesses can expand their product offerings and create seamless shopping experiences. Trove's solution allows businesses to quickly add resale items to product pages, fill out-of-stock SKU gaps, and own the entire customer journey. By featuring used options alongside new products, brands can drive traffic and engagement, ultimately leading to increased profitability.
Optimize Selling Channels
Trove's integration solutions offer a comprehensive approach to maximize program impact by selling on owned channels and third-party marketplaces. Businesses can optimize their resale program by strategically distributing SKUs and condition levels across different selling channels while maintaining a full view of inventory flows. With algorithm-directed channel routing and a configurable routing engine, brands can steer and grow their selling channels effectively.