A few months ago, we wrote about a new marketplace for retailers and brands that sell wholesale goods called Trada. The marketplace introduced by QuickBooks already got some recognition and is rapidly expanding. Now, to make the best out of the busiest season of the year, the platform is launching a Trada Holiday Market. The event will take place between October 14 and 16, and it is designed to help sellers find customers and maximize wholesale revenue while also helping retailers source unique items at the best price before the holiday rush.
If you are a retailer looking for the stock to prepare for the upcoming holiday season, the Trada Holiday market will match discounts offered by sellers up to 10%. You will also get free shipping on all orders during the promotion. Additionally, all new customers will get $50 Trada credits at checkout!
Sellers who want to participate in Holiday Market can create a promotion directly on the Trada portal. Promotions will be calculated as a percentage of the total order once a retailer has reached a predetermined minimum order.
How does it work?
Here are some highlights of how Trada’s discount match works:
- If a seller runs a promotion offering a 15% discount during this period, Trada by QuickBooks will match it up to 10% so that retailers will get a total discount of 15% + 10% = 25%.
- Similarly, if a seller runs a promotion offering a 5% discount during this period, Trada by QuickBooks will match it, and you will get a total discount of 5% + 5% = 10%.
- Both discounts will be automatically applied when retailers have hit the promotion minimum that’s set by the brand in your cart.
- The promotion applies to each participating seller’s entire product catalog. Retailers will be able to access a list of all participating brands during the days of the Trada Holiday Market.
You can read more about Trada’s Holiday Market here.