Selling Virtual Inventory from brands running on Shopify, WooCommerce, or Magento allows you to focus on your marketplace business - customer acquisition, satisfaction, and retention - instead of managing inventory risks and fulfillment issues.
Creating new or adjacent categories with Virtual Inventory allows you to start selling fresh, virtually-stocked products.
Vendo allows you to quickly onboard tens of new vendors, map their product categories to yours, curate your product catalog.
Find the brands you like on Shopify, WooCommerce, Magento, onboard them, start curating your product catalog.
Keep your sales commission from all marketplace orders, the customer relationship, and your brand identity.
With Virtual Inventory, you can keep onboarding new sellers without worrying about your warehouse limitations or your website performance bottlenecks. Why not promote new arrivals or drops every week? Why not double or triple your product catalog? Why not experiment with new product categories, marketing channels, or audiences? Let customers vote with their wallets.
The biggest risk in eCommerce or Retail is around mistaken forecasting of how much inventory to hold and when, regardless of the given product category. Almost always, you never get it right, which, of course, is costly. The bigger you get, the bigger the costs and potential losses. Virtual Inventory relieves this risk altogether. You’re safe whatever you decide.
While you keep experimenting, keep adding new categories and keep marketing new arrivals - some of those products might perform better than others. At any time, if you feel like you need to clear out the underperforming products or product groups - you may do so with a click of a button. You don’t have to worry about warehousing costs and what to do with failed products.
Selling Virtual Inventory from brands running on Shopify, WooCommerce, or Magento allows you to focus on your marketplace business - customer acquisition, satisfaction, and retention - instead of managing inventory risks and fulfillment issues.
You won’t have to enter products manually or synchronize any stock levels by hand. Everything is automated. That being said, you can curate what you want to sell and where.
Vendo automates all seller payouts so sellers don’t have to wait for several days until the payments are reconciled by the marketplace owner. Once the goods are shipped, sellers get paid.