Shop Software From Intelligent Retail Enters New Phase

Newbury, Berkshire, UK (PRWEB) June 03, 2011

In a recent shift in buying behaviour on Ebay, most sales are now fixed priced sales as Buy It Now items. Consumers are using eBay increasingly to find new products to buy, rather than just second hand bargain items. More than 57% of transactions that happen on eBay globally are at a fixed price, mostly sold by professional sellers, or high street retailers who use the site as a distribution channel. That is vastly different from the old eBay that was associated with being an auction platform for rare or used items.

EBay is no longer just a second hand car boot sale- it is a significant channel in its own right. And with the current shift in attitudes, for retailers across the UK it makes sense to be seen on one of the most popular websites on the web. Intelligent Retail's new shop software with Ebay integration makes it incredibly easy for retailers to integrate channels from the website, ebay and physical shop into one place.

Intelligent Retail has developed One-Click technology which is used throughout the shop software. Putting items from stock onto your website is just a click away, and this concept also applies to the full Ebay integration. Intelligent Retail have created a visual stock management system, you dont get long complicated lists of stock, just a simple stock tree.

Part of the difficulty in selling on Ebay is the administration, as adding and managing items can be very time consuming. Now, the new shop software from Intelligent Retail makes it very easy, putting the retailer in control. Just drag and drop products into a channel and the Connect EPoS system will list them on that channel and manage the stock. It will inform the retailer when products have been sold, bringing the order back to the Connect Fulfilment Centre.

David Mackley, Managing Director said: Implementing our system has three development phases. Firstly we can dramatically improve much of the day to day process such as stock replenishment. This saves time for more productive activities. Secondly our Flight Deck is used for instant management information to save money on stock or track how well sales assistants are doing across the EPoS eCommerce system. Thirdly we help retailers access new customers through total integration with the internet, eBay and Amazon.

With things always changing rapidly online, Intelligent Retail's new Multichannel Centre keeps up with the ever-changing climate whilst keeping the EPoS solution easy to use for retailers.

Intelligent Retail was established in 2004, and now helps hundreds of shops across the UK reap the rewards of improved profitability from increased revenue and reduced costs. They have won many awards over the years including innovation awards over several years, and Best Multichannel System in 2009.

Intelligent Retail

Consort House

42 Bone Lane

Newbury

Berkshire

RG14 5SD

0845 6800126

http://www.intelligentretail.co.uk

# # #

More Ebay Press Releases

Retail Solutions Secures $15,200,000 Funding Led by Investor Growth Capital

Mountain View, CA (PRWEB) September 28, 2010

Retail Solutions Inc., the leading solution provider helping consumer packaged goods (CPG) companies create value from operational downstream data, today announced it has secured a Series C round of $ 15.2 million in funding led by new investor Investor Growth Capital.

Investor Growth Capital is the growth-stage venture capital arm of Investor AB, the largest publicly traded investment holding company in Northern Europe with investment activities in North America, Europe and Asia. All existing investors, Venrock, Bessemer Venture Partners, Red Rock Ventures and SAP Ventures, also participated in the round. The company will use the financing to accelerate international growth and look for acquisition opportunities to further consolidate its market leadership.

Retail Solutions has grown very fast in the last few years and has become the uncontested leader in the Retail Execution Management and downstream data spaces, said Jonathan Golovin, Chairman and Chief Executive Officer, Retail Solutions. Many of our customers are now extending their early implementations to international, corporate-level roll-outs. This new round will help us accelerate international growth and provide our customers the assurance that Retail Solutions will be a global, long-term, strategic partner to them. We selected Investor Growth Capital in order to leverage their long-established global platform and deep relationship network in Europe and Asia.

Retail Solutions provides a unique Software-as-a-Service (SaaS) platform transforming downstream data, such as point-of-sale and inventory data by store, by day and by SKU into value-added visibility and actionable insights to help CPG companies transform the way they work with retailers. Today, more than 350 CPG companies, including 20 of the top 25 global CPG companies, trust Retail Solutions to support their Retail Execution Management projects across more than 30 international retailers.

Retail Solutions is well positioned for success in the years to come, commented Noah Walley, Managing Director of Investor Growth Capital. The company has built successful relationships with most of the largest companies in the industry and is driving real awareness for the value that can be unlocked by retailers and consumer packaged goods manufacturers who jointly collaborate on downstream data. The management team has proven its ability to both generate sustained organic growth and successfully integrate acquisitions. We are very enthusiastic to be leading this new round of funding.

As part of the round, Walley will join Retail Solutions Board of Directors.

We are now in a great position to consolidate a fast-growing market, added Peter Rieman, Executive Vice-President, Retail Solutions. Retail Solutions has already achieved financial stability, with a positive net income each and every month of 2010 while growing at a 40% pace. This new funding will enable us to accelerate the pace of acquisitions to complement our organic growth and strengthen our International market leadership in the Retail Execution Management space.

About Retail Solutions Inc.

Retail Solutions powers Retail Execution Management. Retail Solutions develops and delivers a comprehensive suite of Software-as-a-Service (SaaS) solutions that turn downstream data, such as point-of-sale (POS), supply chain, merchandiser feedback and customer loyalty data into actionable visibility into the store and onto the shelf.

More than 350 leading companies such as 3M, Abbott, Bausch & Lomb, Bayer, Colgate-Palmolive, Clorox, Heineken, HP, Kao Brands, Kraft, Nestl