TradeGecko inventory management for fitness and sports equipment wholesalers and retailers
Manage product composites and variants, eliminate manual work and errors, and expand your sales channels.
As people become more health conscious, working out and training up is becoming increasingly popular. As a result, fitness and sports equipment businesses are experiencing a boom like never before.
With so many different types and variations of fitness and sports equipment, both in terms of functionality and aesthetics, business owners face a unique challenge in managing their inventory to meet the demand of their clients.
Optimal inventory management for them is absolutely critical to long-term success.
Managing product composites and variants
TradeGecko inventory management software is excellent for sports equipment businesses because our system is capable of handling variants and composites. You will be able to access data that enables you to make purchasing decisions that account for various levels of customization and product range.
For instance, you might identify different component parts that need to be assembled to make a final product. Say you have two products available - Ruby Red Bicycle X and Glistening Gold Bicycle Y. You assemble the bicycle in-store with parts sourced from your suppliers.
Although the bikes are marketed as two completely distinct products, they share some component parts that can be used across both models: pedals, the saddle, and the chain.
Depending on the demand of the two different products, it makes sense to ensure that the available component parts is optimized with the amount of sales in each product. With a sophisticated inventory management system, you can maximize your cost savings and ensure quick turnarounds.
By bundling component parts together, you can effectively and intelligently manage your inventory and ensure an optimal balance of what you keep in your storerooms.
Eliminate manual work and errors
With multiple customization options and composite variants, it’s easy to make inventory management errors. For the sports and fitness industry in particular, having a manual system that involves so many component parts is extremely time consuming and susceptible to manual error.
Multi channel sales and real-time feedback
TradeGecko automates these processes by syncing inventory availability with real time sales information. Integrations with Shopify, Amazon, Magento, WooCommerce, and a variety of other e-Commerce platforms supports multi channel sales and gives your customers real time insight into your stock availability.
For fitness equipment wholesalers, we know that placing sales orders can be a time-consuming process. With so many different component parts and variants, it’s important that your wholesale customers are given the care and attention that they deserve.
Private B2B e-Commerce software
By using our private B2B e-Commerce software, your wholesale clients can now log on to a customized ordering system that has a catalog of your stock. Inventory levels are also synchronized to this portal so that there’s no risk of promising stock from one channel that’s already been sold on another.
In addition, it allows you to customize user experience for each customer - be it discounts for bulk orders or pricing displays in different currencies. Your B2B clients deserve the same smooth online experience that your B2C clients do.
They deserve the time to peruse a catalog and make purchasing decisions on their own time. We know that sports and fitness retailers often have their own specifications and may need more time to assemble an order. This allows you that flexibility.
For your sales team, an online B2B ordering system ensures consistency across all channels. This way, your sales team can spend less time on admin, and more time on making sales and growing the business!