Posted on May 19, 2017
Whether you are new to selling on marketplaces such as Amazon or Walmart or are an experienced seller, expanding your product catalog can help your ecommerce business remain competitive and grow. However, expanding your online offerings without making a large investment in inventory has always been a challenge. Fortunately drop-shipping makes it possible to dramatically ramp up your product offerings with little or no upfront investment.
First, let’s define drop-shipping. Drop-shipping is an arrangement between you (the seller/retailer) and a drop-shipper (wholesaler or manufacturer) in which the seller post products for sale on Amazon, Walmart or other marketplaces, and orders are fulfilled and shipped directly from the manufacturer or supplier to the buyer.
The retailer buys a product from a wholesaler only after a customer buys it from the retailer’s online store....
Posted on May 2, 2017
Many retailers who sell on eBay without a store are unaware that their eBay seller fees would be lower if they were on an official eBay store, while other sellers may have an eBay store tier that is incurring more seller fees than necessary because it is poorly suited for their sales volume and overall number of SKUS.
Understanding eBay’s different store levels and ensuring that you are on the correct store type can save you hundreds and even thousands of dollars, making eBay one of the most cost efficient marketplaces available for sellers.
Essentially, a retailer can sell without any kind of store or on 1 of 3 different store tiers. Each store tier allows for a greater number of free listings in exchange for a higher monthly subscription fee.
First, a quick word needs to be said about selling without a store vs. a store of any type. Generally speaking, a...
Posted on Aug 23, 2016
Have you ever found yourself shopping for a last minute gift, clicking through multiple websites, looking for the next best deal? Chances are you have. It’s no surprise that recent research has revealed that the average consumer spends less than one minute on any given website. Yikes! Consumers today shop online for a wide range of reasons; from purchasing school supplies and toys for a beloved pet, to ordering a last minute anniversary gift at 2:00 AM the morning of. Knowing the reasons your customers shop online can benefit you as a seller immensely. Here is a short list of the top reasons consumers use the web for their purchases:Convenience – Order from the comfort of your own home 24/7 without lines to wait in! Better prices – More competition online equals better pricing for consumers. Variety - Have access to different sellers and stores that you might not have locally...
Posted on Aug 18, 2016
The answer is always going to be yes. Amazon is the biggest, so it will almost always be your most successful marketplace due to its size and popularity. I almost always recommend starting there if you’re new to marketplaces. Once you’ve established yourself on Amazon, I then recommend moving to eBay, Walmart and Jet.
Depending on a bunch of other factors (price competitiveness, free shipping, delivery time, etc.), sales increases vary on a case by case basis, but there is an increase of sales, and that at the end of the day is your goal. As soon as you have conquered these 3 marketplaces, we recommend looking at next 4 marketplaces, Newegg, Sears, Rakuten, Overstock. At the end of the day, it is getting your product listed in as many marketplaces as possible as long as it increases the number of sales, and increases the profitability of your business.
Posted on Aug 18, 2016
With Ecommerce maintaining a steady foothold in the retail sales market as indicated by its sizable share of total sales for 2015 at more than a third, as well as 14.6% growth over 2014, online merchants increasingly identify order fulfillment and warehouse management process optimizations as an essential undertaking for the long-term success of their business. This even more so in recent times with the magnitude of orders growing, and sellers increasing their SKU count across online sales channels in an attempt to capture buyers’ attentions.
Shipping out the wrong product is guaranteed to result in a poor buying experience, customer service issues including returns or refunds, additional shipping costs, and worst of all negative feedback on your seller account. All in all, not a workflow to be experiencing difficulties with as we’re nearing another holiday season. A true and...
Posted on Jul 28, 2016
Posted on Jun 28, 2016
Are you or a staff member spending hours trying to beat your competitor’s prices online? Would you like to wake up in the morning and find that your ecommerce sales increased while you slept? When selling online, repricing software can help you remain competitive all hours of the day and night. However, many ecommerce retailers are not familiar with automatic repricing software or how it works. So let us break this down for you.
Repricing software automatically changes the price of your product based on your competitors’ prices across various online marketplaces such as Amazon or eBay. Within large online marketplaces such as these where other vendors may be selling identical products, price competition is fierce. If you are not tracking your competitors’ prices and changing your prices in response to their price changes you may be losing sales. With repricing software, you...