How does a specialized in-company sales tool help minimize warehousing costs?

Warehousing costs are the bane of every business, both in product sales and service industries. After all, backlogged items generate problems. A specialized tool for internal sales can remedy it.

• How does SilentClicks minimize storage costs?
• How does SilentClicks help free up warehouse space?

Find out how sell-out, with the right tool, can help with problems of storing items.

Storage cost – what is it?

The cost of storage is the amount of money to be spent on storing available inventory. Contrary to what you might think, it’s not just about the space the racks take up. 

Storage costs are affected by many factors, including:

• Rental of space
• Utilities
• Staffing
• Equipment maintenance
• Building security

Of course, the total should always be multiplied by the number of months of storage of the items in question. 

When calculating storage costs, it is worth to count the risk of damage to the goods, and the possibility of loss. These factors are generally covered by the cost of insurance.

What about the loss of value of items over time? This factor makes sleepless nights for sellers. 

To avoid losses, you need to react quickly and effectively. The best way to free up storage space is to organize a sale. The prerequisite for success is efficiency, which can be provided by the specialized tool for in-company sales, SilentClicks.

Sales on SilentClicks vs. minimizing storage costs

SilentClicks is a tool tailored to the needs of entrepreneurs. Sales work well not only in the company-customer relationship, but also at the company-employee level. 

A specialized tool for in-company sales is a solution that guarantees not only to minimize storage costs, but also to help maximize profits. 

Online selling through SilentClicks improves the efficiency of the sale and reduces losses by:

#1 Streamlining the process

Organizing a sale on SilentClicks is limited to a few steps:

• Creating a list of offers: Through an intuitive form, in which you need to include basic information about the product with photos and the price.
• Selecting the type of auction: Between auction and “Buy It Now”.
• Setting auction start and end dates: Auctions last exactly as long as the sale is scheduled.
• Inviting users to participate in auctions: The sale zones are closed, which means that you have to get an email invitation from the organizer to participate in the auctions.

#2 Engaging participants

Involving customers or employees in a sale increases its effectiveness. SilentClicks engages on three levels:

• Accessibility from anywhere: With an online sale that is accessible to customers and employees at any time convenient to them, engagement increases.
• VIP auctions: Closed sales on SilentClicks work well as a way to sell out to a group of employees or to gratify customers with a loyalty program with access to exclusive sales. The sense of uniqueness promotes engagement.
• Bidding: The ability to bid on products makes interested participants take an active role in the shopping experience and spend more time on the sale.

#3 Maximize profits

Bidding type of auction is an opportunity to maximize potential profits from the sale of goods. The initial minimum price allows the trader to cover costs and minimize losses, but at the same time encourages users to raise the price for an item. Thus, you can count on maximizing the profit from sales.

An additional advantage is that SilentClicks does not charge a commission, so all the profit goes into the hands of the seller.

SilentClicks – a way to sell out your warehouse

Sale-outs are a common practice, but not always effective. Many factors influence the success of an event, and organizational problems can overshadow the full potential of special occasions. 

Sale for Customers on SilentClicks

Among wholesalers or retailers looking to free up warehouse space or ensure the proper flow of goods, KupTam’s in-house sale tool can prove useful on many levels. 

The main benefits of using KupTam include:

• Creating a new sales channel

Buyers are already accustomed to online shopping, but not every e-store takes full advantage of the potential of online activities. A new sales channel increases the entrepreneurs’ chances of success. 

SilentClicks is a tool, where you can put up a closed part of the store, available to a select few, so-called “golden customers”. By making shopping opportunities available on a regular basis, you can turn a sale-out from an event to a permanently available offer.

• Increasing brand interest

Special store offers, available to select customers, can be a great way to increase brand interest. 

Not every e-store provides buyers with unique opportunities as a regular sales channel, and rarely does one allow bidding on its products – this is where active sellers looking for new ways to increase interest in their brand come in.

• Building customer loyalty

Access to attractive shopping opportunities and the ability to bid on unique merchandise is a great idea for a loyalty program component. 

Gold Customers can get, as a benefit, access to exclusive offers of your store on SilentClicks.

• Organizing effective sales

A specialized tool for in-company sales, SilentClicks, makes getting rid of goods from the warehouse simple, fast and, above all, effective.

The customer is treated individually and feels special, gaining access to a closed online sales channel. Engagement increases, auctions encourage with low prices, and bidding maximizes profits. Each auction is time-limited, which mobilizes decisions to purchase the item.

Sell-out is efficient and profitable, not just minimizing losses.

SilentClicks for employees

Depreciated fixed assets occupying storage space in a company are usually an item that entrepreneurs want to get rid of. Wanting to avoid losses, this problem can be turned into an opportunity to generate additional revenue for the company and build employee loyalty.

A traditional internal sale in a company is usually a big organizational problem, but with SilentClicks, creating shopping opportunities for employees brings many benefits:

• Quick freeing up storage space

Selling out on SilentClicks makes it take much less time to get rid of depreciated assets from the warehouse. 

Creating bargain lists using an intuitive form literally takes a moment, and sharing the event online makes it possible for any employee, whether performing their tasks remotely or stationary, to participate in the company’s sale. 

• Effective sales

Several factors contribute to an effective and quick sale, including a clear and transparent presentation of the offer, a well-timed start and end of the sale, the ability to buy at any time convenient to the employee. And, finally, an attractive price with the possibility of bidding on the item.

A unique advantage of using SilentClicks for an internal sale is that the tool allows the event to be conducted entirely online. Employees do not have to physically appear at the company’s headquarters to participate in the event, which is important given the currently popular remote working model.

• Employee satisfaction

Information about a company’s sale of depreciated fixed assets always arouses enthusiasm among employees, but often communication and the purchasing process itself is complicated. 

SilentClicks not only allows you to involve many employees in the sale, but also facilitates communication – from the invitation to participate in the event, to the presentation of the items, to the paperwork for their purchase.

With a sale that every employee knows about, the ability to bid on items and online availability, satisfaction is guaranteed.

Automation also improves the communication layer – each participant in the sale receives an invitation to the auction by email, and can view the bids with detailed product specifications and photos at any convenient time.

• Maximize profits

A specialized tool for in-company sales tool, SilentClicks, allows items to be sold in traditional auctions, with the price quoted in advance, but also in bidding-type auctions, where participants can raise prices for the product they are interested in.

The ability to bid maximizes the potential profit for the entrepreneur – the product takes on the value that the customer (employee) is willing to pay to get it. 

Selling without commission on SilentClicks is an option whereby the entrepreneur generates revenue without additional costs.

Key Takeaways: How does SilentClicks – a specialized tool for in-company sales – help minimize warehousing costs?

Sellout on SilentClicks is guaranteed to help minimize warehousing costs for both retail and service companies. With its functionalities, SilentClicks supports:

• Organizing a sale with guaranteed convenience for both: the seller and buyers
• Effectively sell items that are out of stock (seasonal goods, short shelf life, single items or depreciated fixed assets)
• Minimizing losses and generating additional revenue for the company
• Building long-term relationships with customers or employees

SilentClicks is a solution that supports entrepreneurs and allows them to take care of the proper rotation of goods and free up warehouse space, minimizing the cost of storing items.