Stockly raises another $12 million to sell out-of-stock items via other retailers

PlatformsRetail

Oct 5

Stockly is a technology company, enabling e-retailers to keep selling when out-of-stock, by shipping the products from other authorised retailers and brands in the network.

From what I can tell, this app essentially automates arbitrage between retailers, but on your own website. Which, I guess is helpful, but doesn’t seem like a great long-term plan for a retailer unless you are really more like an affiliate publisher trying to build a simple marketplace.

TechCrunch: Stockly raises another $12 million to sell out-of-stock items via other retailers

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Rick Watson

Rick Watson founded RMW Commerce Consulting after spending 20+ years as a technology entrepreneur and operator exclusively in the eCommerce industry with companies like ChannelAdvisor, BarnesandNoble.com, Merchantry, and Pitney Bowes.

Watson’s work today is centered on supporting investors and management teams incubating and growing direct-to-consumer businesses. Most recently, in partnership with WHP Global, Rick was a critical resource in architecting the WHP+ platform, a new turnkey direct to consumer digital e-commerce platform that powers AnneKlein.com and JosephAbboud.com.

Watson also hosts a weekly podcast, Watson Weekly, where he shares an unbiased, unfiltered expert take on the retail sector’s biggest players.

In the past year alone, Rick has spoken at many in-person and virtual events as well as podcasts on topics ranging from retail/ecom to supply chain/logistics and even digital grocery including CommerceNext IRL, ASCM Connect, and Retail Innovation Conference.

https://www.rmwcommerce.com/

Stockly raises another $12 million to sell out-of-stock items via other retailers

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