CompanyPromoStore (PPAI 310231, Standard Base)
Ideal Customer:
CompanyPromoStores targets mid-to-large distributors – ie. revenues ranging from $5 million and up – seeking a technology solutions provider offering a company store platform for the promotional products industry.
The Solution:
CompanyPromoStores’ CPS360 platform innovates, integrates and automates distributors’ product ordering and fulfillment process, enabling them to focus on their core business. A true end-to-end solution, CPS360 creates engaging company storefronts and integrates them directly into industry suppliers and decorators.
CPS360 Solutions platform eliminates or drastically reduces the need for inventory while streamlining the order processing to enable distributors to meet client expectations and maintain profit margins. CompanyPromoStores partners with suppliers who produce one-piece or low minimum on-demand orders through its integrated platform. By leveraging its technology, the company receive inventory updates, discontinued items, and new products, ensuring each store is always up to date and eliminating costly backorders.
Ordering on-demand eliminates the need for account executives to manage inventory or for clients to purchase upfront. Reducing “transactional friction” increases profits by eliminating unnecessary human touches on small orders during the ordering, billing and fulfillment process.
CompanyPromoStores’ platform is built exclusively for the promotional product industry, addressing its unique challenges by delivering accurate and concise orders to suppliers, reducing costly mistakes. It handles logo applications such as embroidery, digital print, heat transfer or laser etch throughout the order process, taking the guesswork out for both distributors and suppliers. Creating a platform that simplifies store setup allows account executives to focus on selling rather than setting up stores.
Costs:
CompanyPromoStores charges an annual subscription for access to clients’ store and a transaction fee on product sales. Different levels exist depending on the number of stores a customer is running on the platform.
Terms & Commitments:
CompanyPromoStores uses annual service agreements.