Branded Resale Sites
Trove offers a unique solution for businesses looking to create a branded resale experience that not only grows revenue but also attracts new customers and boosts customer lifetime value (LTV). By utilizing Trove's platform, companies can sell returned inventory and customer trade-ins within a fully branded, catalog-powered experience that covers the entire customer journey. This approach helps in strengthening the brand story by emphasizing dynamic, discovery-oriented components that align with the brand's narrative. Moreover, Trove's high-converting components and inventory feeds showcase the best products from the assortment, while the dynamic pricing algorithm drives sell-through without compromising on profitability. Additionally, companies can accelerate their time to market by going from project kickoff to site launch in a quarter or less with Trove leading the site build and integrating the brand elements and inventory data.
Digital & Store Trade-In Experiences
Trove's solution extends beyond online reselling by providing digital and in-store trade-in experiences. This omnichannel approach helps companies engage and activate customers both in physical stores and online through instantly shoppable gift cards. By incorporating Trove's in-store trade-in solution, businesses can drive foot traffic, promote instant spending, and enhance the overall customer experience. Additionally, the digital trade-in program not only boosts online sales and engagement but also creates a unique marketing channel with immediate payback. Customers participating in trade-in programs generate more margin during their first visit than the cost of the gift card, highlighting the program's profitability and customer retention benefits. Furthermore, Trove's real-time decisioning engine ensures that item pricing, gift card payouts, and logistics configurations are optimized to manage the program's volume and profitability effectively.
Integrated Used + New Experiences
One of the standout features of Trove's recommerce solution is the ability to seamlessly sell used and new items together on a company's existing ecommerce site. By integrating resale items into the current product pages, businesses can bridge any stock gaps while offering compelling used options to customers. This approach helps in maximizing every customer journey by ensuring that there is shoppable inventory available at all times. Moreover, companies can rapidly configure and launch Trove's widget-based solution on almost any Product Detail Page (PDP), enabling a quick and seamless transition to include used items on their ecommerce platform. For brands looking to own the entire customer journey, Trove's inventory and checkout APIs deliver a fully headless recommerce experience, allowing for customized site components and shared checkout for used and new items together. By leveraging resale items to drive traffic to full-price offerings and integrating them into search and filter results, companies can effectively grow their full-price sales while enhancing customer engagement.
Integration Solutions
Trove's integration solutions offer businesses the opportunity to expand their selling channels and optimize their resale programs. By utilizing tools like the Resale Widget, Checkout API, and Resale Catalog API, companies can drive program impact on their own sites and third-party marketplaces. This approach not only boosts program economics by selling core assortment items on owned channels and secondary inventory on marketplaces but also maximizes the overall sellable assortment by intelligently distributing SKUs and condition levels across different selling channels. Additionally, Trove's integration solutions allow businesses to keep a close eye on their inventory flows across all channels, adjusting their routing in real time to account for supply and demand fluctuations. By using data-driven insights to steer and grow their programs, companies can effectively navigate seasonality, promotions, and market dynamics to maximize the profitability of their resale initiatives.
Selling-Channel Solutions
In today's competitive retail landscape, leveraging multiple selling channels is essential for success. Trove's selling-channel solutions offer seamless integration for marketplace selling, keep-in-store/sell-in-store strategies, algorithm-directed channel routing, and a configurable routing engine. By scheduling a demo and exploring these solutions, businesses can gain a comprehensive understanding of how Trove's platform can revolutionize their retail operations. Whether it's expanding into new marketplaces, optimizing in-store inventory management, or streamlining cross-channel selling, Trove provides the tools and support needed to drive growth, increase profitability, and deliver exceptional customer experiences.