Retail Asia 2018 RA September.October 2018 (Online) | Page 62
REVIEW
11-14 August 2018
Sands Expo at Venetian / Palazzo
Las Vegas, USA
www.offpriceshow.com
The main topic of conversation buzzing
around the aisles of the show floor was
OFFPRICE365, the online marketplace of the
OFFPRICE Show.
Merging off-price
products for a winning
business strategy
BUYERS and sellers from the
OFFPRICE community travelled as
far as Australia, South and Central
America, and Europe to convene for
the 48th edition of the company’s
biannual trade show. The main topic of
conversation buzzing around the aisles
of the show floor was OFFPRICE365,
the online marketplace of the
OFFPRICE Show, which made its
debut at the February show this year.
“There were many vendors and
buyers who made their way to the
Networking Hub throughout the show
to get started selling on OFFPRICE365
and learn how to take quality product
photos for their e-commerce sites,” said
Yen Lim from Simp-Q Photo Studio.
“Now more than ever, retail business
owners are realising the importance
of showing off their products with
professional-like images they can easily
take themselves.”
Vendors were able to photograph
their samples at the show with portable
studios, upload their merchandise and
show specials onto the site. Collectively,
Vendors were able to photograph their samples at the show with portable studios, upload
their merchandise and show specials onto the OFFPRICE365.com.
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Retail Asia September/October 2018
OFFPRICE vendors have uploaded
more than 2,600 products available for
immediate purchase on OFFPRICE365.
“The retail landscape — including
the off-price channel — is still
undergoing a transition,” said Stephen
Krogulski, CEO of the OFFPRICE
Show. “Many retailers enjoy sourcing
through the website, while others
prefer a combination of face-to-face
interaction and online discovery
throughout the year. What remains
the same is that any retailer can blend
off-price products into their mix for a
successful business strategy.”
Uncovering new retail solutions
with non-profits such as Soles4Souls —
a charity that collects and redistributes
new and used shoes — will help
OFFPRICE retailers find networks for
responsibly sharing their resources, ideas
and connections. “We were very proud
to be the official charity at the August
2018 OFFPRICE Show,” said Buddy
Teaster, CEO of Soles4Souls. “There
were many vendors who attended our
brief presentation and later enquired
about how they could partner with our
non-profit and coordinate efforts to help
those in need.”
Teaster and Lim (along with Allie
Olson, founder of consulting agency
Retail Prowess, and Brian Gibbs,
president of logistics visibility provider
Refund Retriever) also presented on
key topics and solutions in the retail
industry. Guests were able to watch
their presentations, participate in Q&A
sessions, and have one-on-one time with
the speakers.
The next OFFPRICE Show is
next year from February 3-6. The
OFFPRICE Shows, online marketplaces
and publications are produced by
Tarsus Group, an international media
group with interests in exhibitions,
conferences, publishing and the
Internet. Headquartered in Dublin,
with offices in London, Paris, Shanghai
and Milwaukee, Tarsus serves niche
markets with trade events and online
media. ra