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ACHILLE LOCAL MARKETPLACE

Achille is a local marketplace using a Saas Mobile Platform for retailers to sell sleeping inventory to local customers

June 2022
Gallery ACHILLE LOCAL MARKETPLACE 1
Gallery ACHILLE LOCAL MARKETPLACE 1
01.

Identification

Faced with the constraint of unsold stock and the need to commit to the circular economy, Achille is the first Saas platform that allows physical shops to put their offers online to optimise stock management. The offers are thus accessible to local consumers who are guaranteed the best price, immediate availability and the shops' service guarantees. Achille contributes to putting the human element back into the digital relationship between shops and their potential area. The whole ecosystem benefits from less destruction, extensions of the product life, allowing to increase the profitability of the shops while gaining traffic, because consumers are in hyper proximity, buy locally and thus limit their travels to look for a product as well as their online orders, generating consequent impacts on the whole ecosystem.

Label Date June 2022
By Achille
From France
Maturity stage Initial market commercialization
Looking For Network, New clients, Visibility, Funding, Partners, Credibility

Sectors - Value chain - Application

Sectors
Applications
Design, Power & Produce
Package & Distribute
Use & Efficiency
Valorize & Restore
Value Chain Steps
  • /
02.

The environmental benefits

  • Achille's offers alerting system allows retailers to stop sending expensive flyers to consumers
  • Targets consumers near by the store and reaches a 9% conversion rate, and the average discount from retail is more than 25%
  • Provides a pricing algorithm to help retailers to fix the right price compare to online price benchmark
  • No more destroying products
  • No needs to send print communication to consumer
  • No more logistics and package cost as the stock is local and customer come to collect it at the store
03.

The Financial benefits

  • Increase store profitability by selling sleeping inventory
  • keeping jobs at store level to keep a customer satisfaction level high
  • Helps consumers to keep purchasing power higher
04.

Activity Region

  • /

Europe

France,

  • Headquarters
  • Activity
05.

Company Profile

Achille

Achille helps retailers to sell their unsold product through a geolocated marketplace drive to store for local customers

View company profile Solution website
Headquarters 75013 Paris, France
Connect with the innovator Save to Project

The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.