Circular Resale

What is Circular Resale?

Circular Resale is an AI-powered software designed to streamline consignment inventory management for retailers and brand recommerce programs. It handles everything from item intake to pricing, sales, and analytics, making the resale process efficient and user-friendly.

Benefits

Circular Resale offers several key advantages:

• Efficient Intake Process: Quickly snap photos of items, add basic details, and receive AI-generated price suggestions. This speeds up the intake process and ensures fair pricing.
• Automated Sales and Sync: Connect your Point of Sale (POS) system or Shopify to automatically update item statuses when sold, reducing manual work.
• Seller-Friendly Portal: Sellers can easily track their items, view earnings, and manage their consignment process through a dedicated portal.
• Drop-Off Management: Schedule and manage drop-offs directly within the software, eliminating the need for third-party booking apps.
• Customizable Payouts: Choose between payout requests or store credit, with options to adjust fees and encourage in-store spending.
• Status Tracking: Monitor item statuses such as Active, Sold, Pick-up, Returned, Donated, and Stolen/Damaged, providing clear oversight of inventory.
• Automated Messaging: Set up automated emails for various stages of the consignment process, keeping sellers informed and engaged.
• Dashboard Analytics: View key metrics like products added, products sold, top brands, and sell-through rates to make informed decisions.
• Environmental Impact Tracking: Measure and display the positive environmental impact of resale activities, such as CO2 and water savings.
• Team Collaboration: Easily add coworkers and manage multiple stores within a single workspace.

Use Cases

Circular Resale is ideal for:

• Consignment Retailers: Streamline the management of consigned items, from intake to sales and payouts.
• Brand Recommerce Programs: Facilitate the resale of branded items, providing a seamless experience for both retailers and sellers.
• Multi-Store Operations: Manage multiple stores efficiently with a single workspace and centralized analytics.

Getting Started

Setting up Circular Resale is straightforward and can be done in just five minutes:

1. Set basics: name, email, currency, logo, colors.
2. Choose consignment rules: sales period, seller share, assume-loss settings.
3. Schedule drop-offs: slots, buffers, excluded dates.
4. Connect POS (Zettle/Extenda GO) and/or Shopify.
5. Add a seller and intake the first product → print label → sell.

Why Stores Choose Circular

Stores opt for Circular Resale because it:

• Reduces administrative work and increases selling efficiency.
• Ensures consistent and fair pricing with AI suggestions.
• Enhances seller satisfaction with a clear portal and instant notifications.
• Provides actionable insights through comprehensive analytics.
• Highlights the positive environmental impact of resale activities.

Vibes

Circular Resale has been well-received by users for its ability to streamline the consignment process, reduce manual work, and provide valuable insights. Users appreciate the automated features, seller-friendly portal, and the environmental impact tracking.

Additional Information

Circular Resale is designed to integrate seamlessly with popular POS systems and e-commerce platforms, making it a versatile tool for retailers looking to enhance their consignment and recommerce operations. The software is also multi-store ready, allowing businesses to manage multiple locations efficiently.

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