Daniel Parekh-Hill is the Co-Founder & CEO of Flare, where they’re on a mission to create more profit and less waste for eCommerce businesses.
In this episode, we discuss:
- The motivation behind Flare
- Current strategies for overstock problems
- The case of preorders
- The benefits of Flare
- Alps & Meters case study
[00:59] Merchandising, overstocks, and surprising customer behavior.
[04:00] Building a better future by connecting businesses and customers.
[07:57] Customer data: better than what they say. Solution: customer preorders.
[10:12] Scaling SKUs drives sales, cash flow, cost.
[14:28] Alps and Meters: Managing seasonal stock effectively.
[16:57] Flexible ordering: capture demand, sell current stock.
[21:06] Teams use Notion and Slack software.
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