Founder of the Week: Nick Brackenbury
NearSt connects in-store products to online platforms, enabling local product search in real-time. The platform processes over 1 billion stock lines daily and integrates with 150+ inventory systems across 800,000+ stores.
NearSt connects in-store products to online platforms, enabling local product search in real-time. The platform processes over 1 billion stock lines daily and integrates with 150+ inventory systems across 800,000+ stores.
Integrates with major platforms like Google and Facebook Supports 150+ inventory management systems Processes over 1 billion stock lines per day
NearSt enhances visibility of in-store products online, increasing foot traffic for local stores and enabling them to compete digitally with larger retailers.
NearSt connects in-store products to online platforms, enabling local product search in real-time.
The primary challenge was live inventory integration with online platforms. NearSt adopted a partnership approach, collaborating with retailers and inventory providers to develop a viable solution.
In 2019, NearSt shifted focus from a retail marketplace to providing infrastructure for live inventory visibility, following collaboration with Google.
NearSt plans to scale globally and expand its infrastructure to connect physical stores with various digital platforms. Upcoming features include AI-powered insights for inventory management.
Based on reporting by techround.co.uk.
