While Ricochet specializes in consignment and resale goods, the software has much of the required functionality for traditional retail. So if your store sells both consigned inventory and normal retail, you can do both within one system.
Adding products to your store inventory is very straight forward. But rather than assigning a consignor and commission split, we are just going to assign that product to the store.
To add store-owned/retail inventory:
- Click “Products."
- Click “Add New Item."
- Fill in as much relevant product information as possible such as Product Name, Short Description, Price, etc.
- If you want to record the cost to purchase this item, add the cost of goods to the "Cost" field.
- Add the quantity in stock.
- Click Save or print the labels if needed.