Wholesale is the commercial backbone of any growing fashion brand. Driving global growth through wholesale takes a lot of time, investment and resources. Digital wholesale is a key enabler to help brands maximize their multi-territory wholesale audience while reducing operational costs and establishing more efficient processes.
The value of digital wholesale will latest white paper explained by JOOR. This new, exclusive study of international brands and buyers offers compelling, data-backed insights into the savings and benefits of digitizing your wholesale channel.
When it comes to entering new markets and being discovered, 53 percent of brands said working with JOOR has increased their exposure to new retail partners, while 61 percent of buyers said JOOR has increased their ability to discover new brands to discover has improved. Crucially, half of the brands (50 percent) saw an increase in the overall size of their wholesale business after joining JOOR.
JOOR’s industry-leading digital platform enables both brands and retailers to buy and sell more flexibly. Brands can extend their selling windows and retailers can better tailor their orders to the season. This achieves smarter wholesale management.
Seamless digital wholesale helps increase business efficiency. A compelling 71 percent of brands using JOOR confirmed that digital selling has improved their business efficiencies, while 76 percent of retail shoppers said digital shopping has increased their efficiencies. 40 percent of buyers reported that they were able to increase their efficiency by more than 50 percent, which underlines the operational benefits of working with JOOR.
Key benefits brands have seen since working with JOOR include streamlined order management processes, streamlined claims management, and improved analytics and reporting. On average, a typical brand’s efficiency increased by over 25 percent on JOOR. The current report underlines how the innovative functions of JOOR meet the demands of fashion companies of all shapes and sizes. In addition, the results show how JOOR’s pioneering tools and services have helped customers, brands and retailers from around the world to both grow their wholesale business, streamline their order management processes, forge new retail connections and advance their sustainability efforts .
JOOR is the world’s leading wholesale management platform, handling over $1.7 billion in wholesale transactions every month. More than 13,400 brands and over 390,000 curated fashion retailers in 150 countries use the platform daily.
Click here to learn more and read the full JOOR report.