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Description
The off-price retail sector is expanding at an unprecedented rate, but what exactly does it entail, and what contributes to its remarkable success? In this concise overview, we will explore the concept of off-price retail and uncover the factors that attract both brands and consumers. INTURN stands out as the sole enterprise inventory optimization platform that enables brands to effectively unload slow-moving and surplus stock to retailers, allowing them to recover cash more rapidly. Discover how our solution can enhance your off-price operations. Brands often grapple with surplus inventory that remains unsold at full price or even at reduced prices in retail environments, necessitating a strategy to monetize this excess stock for healthy cash flow and business viability. Consequently, they frequently turn to off-price retailers, who purchase these goods at substantial markdowns ranging from 40% to 60% off the wholesale price, accepting whatever terms are available for their surplus items. This dynamic not only benefits brands seeking to clear inventory but also empowers off-price retailers to offer attractive deals to budget-conscious consumers.
Description
Rewards Network collaborates with leading loyalty programs globally to draw in full-price customers to your establishment. Our dining members earn rewards from prestigious travel and retail partners for each dollar spent at your restaurant, eliminating the need for discounts or promotional deals. We supply reward currencies from the most impactful airlines, hotels, and retail brands, aimed at motivating our exclusive community of 20 million dining members. These members tend to spend an average of 24% more compared to regular customers at our 17,000 restaurants. Additionally, their annual credit card expenditures are 2.5 times greater than those of the average consumer. Members are also more likely to write verified online reviews and return to restaurants 20% more often when they receive a response from a representative. Unlike typical loyalty programs, Rewards Network members are encouraged to increase their spending rather than just redeeming offers. You incur costs only when we successfully bring in full-price guests to your venue, making it a risk-free investment for your restaurant. This unique model ensures that your restaurant benefits from increased traffic while fostering deeper connections with a dedicated dining audience.
API Access
Has API
API Access
Has API
Integrations
SAP Store
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
INTURN
Country
United States
Website
www.inturn.com/off-price/
Vendor Details
Company Name
Rewards Network
Country
United States
Website
www.rewardsnetwork.com
Product 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
Product Features
Customer Loyalty
CRM
Corporate Memberships
Customer Activity Tracking
Discount Management
Gift Card System
Loyalty Card System
Member Portal
Membership Management
No-Card Loyalty System
Referral Tracking
Rewards Management
Restaurant Marketing
Advertising Management
CRM
Customer Data Platform
Email Marketing
Feedback Management
Loyalty Management
Marketing Automation
Menu Management
Online Ordering
Personalization
Promotion Management
SMS Marketing
Social Media Management
Website Builder