We built INTURN to save brands and buyers time, hassle, and money

Simultaneously, retailers can efficiently buy off-price inventory from brands through the platform. Retailers approved by suppliers can go through opportunities on the platform with consistent product information and images. The INTURN platform enables them to optimize offers and close deals faster at the same time enhance business insights using customized analytics. Both retailers and brands can set up an internal team management system to streamline workflow and optimize inventory. INTURN’s software also has a business intelligence portion to track seller and buyer activity and form predictive analytics and ensures that it doesn’t commingle data between clients, who are often competing brands.

INTURN has assisted numerous clients to address excess inventory challenges through its B2B platform. A testimony to the platform’s stellar capabilities is a global lifestyle brand selling apparel and accessories. The client suffered high losses from offering high discounts on selling excess inventory in a time consuming fashion. Also, its inability to provide complete product information and visuals to buyers left inventory unsold. The brand onboarded to INTURN’s platform that consolidated all the product information from various backend systems. The client could sell its products at a higher value to end consumers. The brand enhanced its margin by 10 percent and reduced the time taken to complete a transaction by 80 percent.

The company will continue to serve clients and fulfill three major goals—improve pre-negotiation efficiency, increase liquidity and track data. INTURN will vest its focus on empowering brands to optimize the value of their excess inventory on a global level by broadening the pool of potential buyers while ensuring there is no channel conflict.