Solutions

Manage your secondhand fashion business with FAUME's Catalog Manager

October 2, 2024
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4 min read

Introduction:

Fashion brands must adapt to the rise of the second-hand market, where product traceability and historical catalog management are becoming essential. Consumers are increasingly demanding transparency, even for used products. However, many brands struggle to maintain sufficiently detailed product catalogs, which can limit their ability to offer effective buyback services and safely resell these items.

To remain competitive, you must not only adapt your offerings but also optimize the accuracy of product information. Rigorous traceability allows for precise identification of items during buyback, providing fair value estimates and a seamless customer experience. Maintaining a well-documented reference catalog is crucial for maximizing buyback potential, re-engaging your customers, and increasing their satisfaction.

An enriched catalog also improves sales performance and encourages conversion through detailed descriptions and complete information, offering a second-hand shopping experience comparable to that of new items. Unlike peer-to-peer platforms, which are often limited in information, a comprehensive catalog allows you to stand out by ensuring transparency and trust at every stage.

Claudie Pierlot Second-Hand / Collection Page / Photo Worn Over

Bash Second-Hand / Collection Page / Photo Worn Over

Sandro Second-Hand: Product Sheet

Catalog Manager, the optimal solution for Product Catalog Management:

It is in this business context that we have developed the second-hand platform FAUME, designed to precisely address these business challenges. With advanced traceability and catalog management features, our solution overcomes the challenges of the second-hand market while ensuring better operational efficiency.

Catalog Manager is a solution offered by FAUME to centralize and optimize the management of your product catalog. This intuitive tool allows you to create, structure, and maintain a reference catalog for each item, integrating detailed data such as characteristics, season, composition, and other essential attributes. It simplifies product data management, ensuring that each reference is up-to-date, accurate, and enriched, which is essential for buyback and resale operations within your second-hand offering.

Reinvent Product Management for better customer satisfaction:

Catalog Manager directly addresses your needs in terms of product management and traceability. It ensures complete and consistent documentation, facilitating the identification of items during buyback and improving the quality of information provided during resale. By automating the verification and enrichment of product data, Catalog Manager minimizes errors, optimizes your processes, and strengthens consumer trust, resulting in better customer satisfaction, higher conversion rates, and a notable differentiation from other market offerings.

How Catalog Manager works:

Catalog Manager allows you to easily create and manage a product reference catalog via a simple interface. You can download a template identifying the necessary attributes and then import your catalog in CSV or Excel file format.

Once imported, Catalog Manager automatically analyzes the file, maps the data, checks the consistency of values, and detects missing or inconsistent information. In case of missing data, an advanced algorithm automatically enriches the empty fields based on historical data and market trends.

This functionality ensures a complete and accurate catalog, essential for optimal traceability, effective buyback, and secure resale.

Example Use Case:

Based on our numerous conversations with clients, a common use case is a fashion brand offering a seasonal collection. Thanks to a well-maintained reference catalog, when this brand sets up a buyback service for this collection, it can quickly retrieve each item, verify its attributes, and provide the customer with a precise buyback estimate. These details are then used to enrich the product sheet during the resale of the second-hand item, ensuring the new buyer receives detailed and reliable information.

Benefits of using Catalog Manager:

Key Advantages:

  • Increased Efficiency: Structured catalog management allows for rapid product identification and precise buyback offers.
  • Transparency and Trust: By providing complete and verified information to second-hand buyers, the brand strengthens trust and builds customer loyalty.
  • Sales Optimization: Enriched descriptions and detailed product information promote better conversion during resale.
  • Business Impact: Using this feature transforms brand operations, enabling better management of their second-hand offering, maximizing revenue from this channel, and improving brand image by meeting growing expectations for sustainability and transparency. ‍

Client Cases: Who uses this feature today:

Some major fashion brands have already integrated this feature into their operations. For example, a luxury ready-to-wear brand uses a reference catalog to manage the buyback of its items and has seen a significant increase in customer satisfaction due to the precision of offers and information provided.

"Since implementing product catalog management with FAUME's Catalog Manager solution, we have seen a notable improvement in the speed of processing buybacks and greater customer trust when purchasing second-hand products." – Digital Strategy Manager of a fashion brand.

Conclusion:

To meet the new expectations of consumers in the second-hand market, it is crucial for fashion brands to improve the traceability of their products and maintain a well-documented reference catalog. This approach not only improves the efficiency of buyback processes but also strengthens consumer trust during resale, creating a virtuous circle for the brand.

Would you like to improve the traceability of your products and optimize your second-hand offering? Request a product demo to discover how our FAUME solutions can transform your operations.

FAQ - Answers to Frequently Asked Questions:

  • How does the feature handle products without history? Catalog Manager allows for the enrichment of missing information based on similar data or through integration with other databases.
  • What types of products can be included in the reference catalog? All types of products, whether clothing, accessories, or shoes, can be referenced with their specific attributes.

Start your Resale journey: Learn more about FAUME's solution and book a demo today!