Steep & Cheap

Emerging

Online flash-sale outdoor gear clearance retailer offering premium brands at deep discounts; Backcountry-operated serving deal-hunting outdoor enthusiasts for overstocked and previous-season equipment.

Company Overview

About Steep & Cheap

Steep & Cheap is an online outdoor gear flash-sale and clearance retailer specializing in deep discounts on premium outdoor equipment, apparel, and accessories — offering limited-time deals on overstocked, previous-season, and closeout inventory from top outdoor brands including Black Diamond, Patagonia, Arc'teryx, Salomon, and outdoor gear across climbing, skiing, camping, trail running, and adventure categories. Steep & Cheap is operated by Backcountry (previously as a standalone site, owned by Liberty Interactive and later Steep & Cheap as a Backcountry subsidiary), focusing on the value-seeking outdoor enthusiast who wants premium gear at significant discounts.

Business Model & Competitive Advantage

Steep & Cheap's business model is clearance channel retail: brands and distributors with excess inventory (prior season, discontinued colorways, overstock) need to clear merchandise without devaluing their direct channels, and Steep & Cheap provides a destination for deal-focused outdoor consumers who regularly check for discounted gear. The flash-sale format (deals are limited time and quantity) creates urgency and drives repeat site visits from deal-hunting outdoor enthusiasts who have trained the habit of regular price checks.

Competitive Landscape 2025–2026

In 2025, Steep & Cheap competes in the outdoor gear discount retail market with REI's used gear and outlet programs, The Clymb (another outdoor gear flash-sale site), Sierra (TJX-owned outdoor clearance), and gear rental platforms (Outdoorsy, REI rentals) for budget-conscious outdoor gear shoppers. The outdoor gear market boomed during COVID-19 (2020-2021) as consumers invested in outdoor activities, then faced a significant inventory hangover in 2022-2023 as demand normalized and brands over-produced. The inventory surplus benefited clearance and discount channels. Backcountry's portfolio of outdoor e-commerce brands (Backcountry.com, Steep & Cheap) serves the full price spectrum from full-price outdoor gear to clearance. The 2025 strategy focuses on the clearance inventory acquisition pipeline, email marketing to the deal-hunting subscriber list, and integration with Backcountry's broader outdoor gear ecosystem.

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Key Differentiators

Emerging Innovator

Steep & Cheap is an emerging player bringing innovative solutions to the Sporting Goods & Outdoor market.

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