Revolutionizing Retail: Trove's Integrated Used and New Commerce Solutions

Trove

Revolutionizing Retail: Trove's Integrated Used and New Commerce Solutions

Elevating Brand Resale Sites

Trove's integrated used and new commerce solutions offer a unique opportunity for brands to create dedicated resale experiences that not only grow revenue but also attract new customers and boost customer lifetime value (LTV). By selling returned inventory and customer trade-ins within a fully branded, catalog-powered experience, brands can ensure a seamless customer journey that emphasizes their brand narrative and increases brand loyalty. Trove's high-converting components and dynamic pricing algorithm drive sell-through without sacrificing profitability, allowing brands to strengthen their brand story through storytelling across the resale journey.

Driving Traffic and Engagement

Trove's digital and store trade-in experiences help brands engage and activate customers both in-store and online with instantly shoppable gift cards. Brands can boost foot traffic and drive instant spending by implementing Trove's in-store trade-in solution, while also driving online sales and engagement through a digital trade-in program. By optimizing supply through targeted trade-in emails and leveraging catalog data and customer purchase histories, brands can drive high conversion rates and front-load seasonal inventory, ultimately increasing profitability.

Innovative Trade-In Solutions

Whether it's mail-in trade-ins, store trade-ins, or peer-to-peer trade-ins, Trove offers comprehensive trade-in solutions that not only drive profitability but also uplift customer lifetime value (LTV). With a focus on true-to-brand transactional emails, CS/CX support, and integration, Trove ensures a seamless trade-in experience for both brands and customers. By starting online and dropping off items in-store, brands can enhance the customer trade-in journey, leading to increased brand loyalty and customer satisfaction.

Maximizing Integrated Used + New Experiences

Trove's integrated used and new experiences allow brands to sell used and new items together on their current ecommerce sites, providing a seamless shopping experience for customers. By adding resale to current product pages, brands can fill out-of-stock SKU gaps and feature compelling used options to ensure every customer journey leads to shoppable inventory. With rapid configuration and launch capabilities, brands can quickly introduce used items to their ecommerce sites, owning the entire customer journey and leveraging resale to grow full-price sales.

Optimizing Integration Solutions

Trove's integration solutions, including the resale widget, checkout API, and resale catalog API, empower brands to drive program impact by selling on their own sites and third-party marketplaces. By boosting program economics and keeping maximum items in use through intelligent SKU distribution, brands can optimize their resale programs and maximize their sellable assortment. With real-time data insights and configurable routing engines, brands can steer and grow their resale programs effectively, adapting to supply and demand fluctuations to ensure maximum profitability.

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Maximizing Returns Processing Efficiency

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Drive Revenue Growth and Profitability

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Navigating Trove: Terms of Service Explained

Introduction to Trove's Terms of Service

Trove is an innovative platform that offers a range of services, and in order to use it, users must agree to the Terms of Service laid out on their website. These terms encompass various policies and conditions that users must adhere to while accessing the site or utilizing its services. By accessing Trove, users are bound by these terms and conditions, which are crucial to maintaining a safe and secure online environment.

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Unlock Profitable Resale with Trove Recommerce WMS

Maximize Financial Yield from Returns

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Unlocking Success: The Brand Resale Index Revealed

Introduction to The Brand Resale Index

The Brand Resale Index stands as a groundbreaking benchmark designed specifically for brands to gauge their performance in the ever-evolving $100 billion global resale market. This index, created in collaboration with OSF Digital, sets itself apart by being platform-agnostic, focusing on evaluating the adoption of best practices among 40 brands across four key industry verticals: Fashion/Apparel, Outdoor, Footwear, and Luxury. It meticulously assesses brands on 147 criteria that span brand positioning, commerce strategies, and the overall trade-in experience.

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