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What is Off-price Solution?

The off-price retail industry is experiencing rapid growth, raising questions about its meaning and the key elements behind its success. In this brief overview, we will delve into the off-price retail concept and highlight the factors that make it appealing to both brands and shoppers. INTURN emerges as the only inventory optimization platform that allows brands to successfully sell off slow-moving and surplus inventory to retailers, enabling them to recoup cash more swiftly. By utilizing our innovative solution, you can significantly enhance your off-price business operations. Brands often face the challenge of excess inventory that does not sell at full price or even after markdowns in traditional retail, prompting them to seek strategies for monetizing this surplus to maintain healthy cash flow and sustain their operations. As a result, many brands turn to off-price retailers, who purchase these excess goods at deep discounts, often between 40% to 60% below the wholesale price, and accept whatever terms are available for these surplus items. This relationship not only aids brands in moving their inventory but also provides off-price retailers the opportunity to deliver enticing deals to cost-conscious consumers, creating a win-win scenario for all parties involved. As the off-price sector continues to thrive, understanding these dynamics becomes increasingly important for those looking to navigate this evolving market.

What is Alteris BMS?

Transform your business operations with Alteris, allowing you to optimize time management and increase your earnings! Perfect for retail, wholesale, and mail order companies, our services begin at the competitive rate of only $299! Now enhanced with EMV compatibility, Alteris enables you to easily monitor inventory levels, available stock, and items awaiting shipment. You can handle transactions in multiple units, configure up to five distinct pricing tiers, and devise unlimited promotions with default pricing strategies based on margin, markup, or retail discounts. Furthermore, sell quantities accurately using 0, 2, or 3 decimal points, and personalize pricing with options for 2, 3, or 4 decimal placements. Benefit from quantity price breaks, tagalong items, and support for both intangibles and kits. Our platform also includes three methods for cost tracking, serial number oversight, and can manage two sales tax rates across five different levels. Experience the ease of automated calculations for model inventory, a comprehensive two-level matrix, and establish minimum selling margins with alerts for low levels. Additionally, you can safeguard sensitive cost information, take advantage of nine user-defined fields, efficiently handle vendor returns, and add extensive descriptions while being able to store and showcase images. With Alteris, your business will be well-equipped with effective tools aimed at boosting efficiency and maximizing profitability, empowering you to focus on growth and innovation.

Media

Media

Integrations Supported

SAP Store

Integrations Supported

SAP Store

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$299 one-time payment
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

INTURN

Company Location

United States

Company Website

www.inturn.com/off-price/

Company Facts

Organization Name

NovaTek Software

Date Founded

1993

Company Location

United States

Company Website

www.ezpos.com/bms.html

Categories and Features

Retail Management

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

Categories and Features

Point of Sale

Barcode Scanning
Commission Management
Cryptocurrency Support
Customer Account Profiles
Discount Management
Electronic Signature
Gift Card Management
Loyalty Program
Multi-Location
Restaurant POS
Retail POS
Returns Management
eCommerce Integration

Retail Management

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

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