Merch Kings!!!!!!!

Introducing Merch Kings: Revolutionising Merchandise Management

I mentioned I was working on something a few days ago. Well, it's taking shape. I feel like I'm 100% jumping the gun here, but speed is key, and I'm sure the two or three people that read this blog will appreciate it.

What is Merch Kings?

The venture has a name - it's called Merch Kings. As in merchandise kings. We are acting as a third party that provides our customers with the ability to sell merchandise without the normal waste, simply by receiving a payment on every item sold through our platform.

The Current Merchandise Challenge

Let's consider Brand X as an example. They sell merchandise through their website and their brick-and-mortar store, whilst occasionally giving t-shirts away to clients or as prizes. Every six months or so, they order a large batch of hats, bags and various t-shirt designs in multiple sizes for both men and women. They're essentially guessing what to order and which sizes will sell best. Generally, they end up with certain products that they have to either heavily discount or give away - in other words, losing money! Whilst they're getting the brand out there, which is brilliant, the profit made by selling the full-price units is absorbed by the giveaways.

The Merch Kings Solution

Our model offers a revolutionary approach. For online orders, we print on demand. As soon as a sale is generated on the website, we print and send it straight to the client. For in-store products, retailers carry a limited number of items, and once a product sells, our system automatically asks if they want to reorder. If they would like to restock that product, we can print and ship new stock within 24 hours.

This means that brands only need to carry a fraction of stock compared to the traditional approach.

Moving Forward

The new venture involves myself and two other partners, and I'll be posting much more about it soon. As of next Monday, it's all systems go. Dan, the designer, is starting back up for alt. / Merch Kings, and we're also looking at onboarding our first Merch Kings customer/partner.

Stay tuned for more details. In the meantime, take a look at our website www.merchkings.co.nz

It's pretty basic at the moment, but it's a start!