Typically, 30% of online shoppers have had a terrible experience due to out-of- stock, 69% will choose a substitute item after the first OOS occurrence and after 3 out of-stock-occurrences, 70% will switch to a different brand entirely. Potentially, for an $18 product that is OOS, retailers lose an average of $810. At a high level, the Australian e-commerce market is valued at 62.3B. In 2022, the value out-of-stock issues cost e-commerce merchants 14.33B. At 22%, this is well above the global average of 16.7%. Under it all, we believe there's systemic supply chain challenges due to the disconnected nature of systems in each level. We've both seen this first hand on our prior experiences. A shared inventory that cuts across retailers and brands could be incredibly useful jump-off point to tackle some of these other problems. Skipped will have the beginnings of a shared inventory.

Skipped

Sell without limits, together

Sell without limits, together