SH046

Project Description: ClearX is an online platform designed to connect users with retailers offering deep discounts on soon-to-expire and overstocked items such as food, clothes, medicines, and more. The platform focuses on creating affordable shopping opportunities while helping retailers reduce waste and manage inventory efficiently. ClearX empowers local businesses to reach a broader audience and helps consumers discover valuable deals in their vicinity. The Problem: Retailers and consumers alike face these common challenges: 1.Perishable Wastage: A large volume of food and medicinal products are discarded before they are sold, leading to unnecessary waste and financial losses. 2.Unsold Inventory: Categories like apparel often see unsold stock piling up, causing storage issues and missed revenue. 3.Limited Consumer Awareness: Shoppers frequently miss clearance deals because they are not informed about local discounts or expiring stock. The Solution: ClearX addresses these issues by: 1.Showcasing soon-to-expire and overstocked items from nearby retailers at reduced prices. 2.Helping retailers list their products quickly and reach nearby customers, boosting sales without heavy marketing expenses. 3.Giving consumers an easy way to discover affordable essentials and avoid missing time-sensitive deals. 4.Contributing to sustainability by reducing food and medicine wastage and supporting mindful consumption. 5.Supporting small and local businesses by offering them a digital presence to clear their stock efficiently.