Knowing how your products are performing helps you make smarter selling decisions. With Closo’s Inventory Management and Analytics, you can see exactly what’s working — and what needs a push.
1. Understanding Product Status
In the Inventory tab, every product has a status:
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Draft – Items ready to be listed or crosslisted.
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Active – Listings currently live on marketplaces.
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Sold – Items that have sold, with sales details.
💡 Pro Tip: Filter by status to quickly find products to relist, update, or promote.
2. Tracking Performance Metrics
For each product, Closo tracks:
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Likes – How many buyers have liked your listing.
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Sales – Units sold and total revenue.
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Profit & Margin – How much you earned after fees and costs.
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Sell-Through Rate – Percentage of stock sold over time.
3. Using the Analytics Tab
The Analytics section gives you a big-picture view:
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Top-selling products, brands, and categories.
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Best-performing categories.
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Inventory aging labels to identify slow movers.
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Revenue and profit trends over time.
4. Leveraging AI Insights
Closo’s AI helps you act on performance data by:
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Recommending price changes for slow sellers.
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Suggesting relists for stale inventory.
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Flagging high-demand items for promotion or sourcing.
5. Making Data-Driven Decisions
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Double down on best-sellers by sourcing similar products.
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Adjust pricing or run promotions on low performers.
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Liquidate inventory that’s been stagnant for too long.
💡 Next Step: Check your Analytics today, pick your 5 slowest-selling items, and apply an AI-recommended action to try boosting their performance.
