US TradeYard is debuting as an online wholesale inventory management platform
LuxeYard Inc., a luxury living and style flash sales company has been launching its subsidiary TradeYard at the recent occasion of the Las Vegas World Market, as a new e-commerce marketplace to order merchandise by the unit and on demand at wholesale container pricing and have it shipped to its final destination without having to handle inventory or fulfilment needs
TradeYard is an online wholesale inventory management and fulfilment platform for retailers. TradeYard is launched firstly for the furniture retail space and retailers do have direct access to the high quality products of big box stores and with the push of a button can deliver them to their customers without ever having to touch a piece of merchandise. It is turning an antiquated wholesale distribution channel on its head with this offline/online fusion of distribution and fulfilment and this will flatten the playing field for boutique and local small town retailers.
TradeYard enables its retail members to electronically place customer orders on high quality products being chosen by home furnishing and lifestyle experts. Products are available on the TradeYard website and retailers will have access to a “flash sale” model to display on their own websites, using proprietary LuxeYard technology.
Cynthia Latimer of Meridith Baer Home has been involved in the testing phase of TradeYard and states that “the system contributed tremendously to their business. Our team of designers specialise in every decorating style and Meridith is constantly perusing auctions and showrooms, adding extraordinary pieces to our inventory. TradeYard allows us access to a broad selection of products at incredible prices and we can present those to our clients and place orders immediately. It is like an extension of our warehouse”.
TradeYard’s inventory is handled through LuxeYard’s sophisticated distribution channel available to TradeYard0’s members at wholesale rates without the standard minimum order requirements. The development roadmap for TradeYard includes private label websites for retailers to support the existing white-label drop-shipping service, shipping and tracking systems, branded customer care, and in-stgore point of sale (POS) systems. LuxeYard is a members-only flash sale site for luxury home furnishings, decor and fashion.