The world of eCommerce was built to constraints of physical retail. So much so that e.g. in the US it is illegal to sell things online that aren't ready for dispatch from a local warehouse. Millions of brands building online stores on top of Shopify/Salesforce etc that have long manufacturing lead times have to predict demand then keep their fingers crossed that inventory will arrive on time weeks or months later ready for the marketing campaigns they had arranged.
This isn't working well - there is over $200 billion worth of dead inventory sitting in warehouses globally in fashion alone, and a staggering 25% of all eCommerce inventory is going unsold. To clear this brands hurt their gross margins by selling at discount or stuff just goes to waste. Radical change is needed to create a sustainable industry not just for our planet but for a thriving economy.
At Purple Dot, we believe the next decade’s most impactful innovations in solving this problem will take place before stock even reaches the warehouse. That’s why we power the operational infrastructure at scale, as well as fostering mission-critical consumer trust, to enable merchants to increase sell through by selling earlier. Whether stock is one day or six months away from the warehouse, our pre-order platform gives merchants the flexibility to always be selling and to never miss an opportunity to convert consumer demand.
Our solution is proudly trusted by hundreds of brands across nearly every industry including Mattel, French Connection, Lisa Says Gah and Knockaround processing millions of dollars per month in pre-order transactions.
We are a team of 6 engineers, 2 Sales folks, 2 Customer support folks + CEO/CTO located between London, UK and Charlotte, NC, USA – and are backed by investors like Connect, Unusual, and Moxxie Ventures. We are serial founders who have sold a start-up before (https://medium.com/@TwizooSocial/all-good-things-can-get-bet...). The use of our platform is growing triple digits on average YoY and so we are responsibly growing our engineering team to keep up.
If you fancy joining a fast growing startup, feel you meet the requirements and are located on the US east coast or in the London area, I'd love to chat. Our interview process is simple and we move fast. See job descriptions. I'm Ryszard (https://www.linkedin.com/in/rtkaleta/), I help run our engineering team and the next step would be to speak to me f2f for 30 minutes to learn more about each other. Find me at hiring@getpurpledot.com.