eCommerce continues to outpace physical stores, and convenience is largely driving this growth. To better support the demands of online shopping, both Amazon and UPS are improving their logistics infrastructure, but unfortunately will be raising fees by the end of this year. Amazon has also incorporated new rules and fees to prevent unauthorized sellers from listing branded merchandise.
Drop shipping offers many advantages for online retailers. By partnering with a good dropshipper, you won’t have to invest in warehouse space or fulfillment systems. Instead, you can focus on building your storefront and expanding your product offerings with lower startup costs.
Online sales continue to grow worldwide, underlining the need to invest in a digital- and mobile-centric customer experience. To further improve relevance and personalization, eBay has turned over their Best Match algorithm into the hands of data scientists, testing out different ways to optimize the buyer’s experience. Similarly, Macy’s is reallocating resources away from the physical in order to invest in the mobile and digital.
Online retailers today have many more options to sell their products. Aside from selling on their own website, marketplaces such as Amazon, eBay and Jet.com offer numerous opportunities for exposure and growth. The marketplace model is also being adopted by traditional retailers such as Walmart and Sears.
Walmart’s acquisition of Jet.com took the headlines last week, with retail industry watchers questioning whether the $3.3 billion deal will be enough to compete with Amazon. Many wonder how would this affect the retail industry. More importantly, how do existing Walmart and Jet shoppers feel about these changes?
Big changes are coming to major ecommerce platforms. With significant acquisitions and platforms providing better business intelligence and logistics, it’s an exciting time to be an online retailer. But it can also be a complicated time if you don’t keep yourself updated and informed of the constant changes in the industry.
Amazon’s marketplace is crowded with retailers selling the same product online. Products priced too high have smaller chances of being purchased. This motivates sellers to price their items competitively, but doing so manually is rather inefficient.
Function & Form Autolife is a California-based auto parts retailer founded in 2005. They sell nut lugs, springs, suspension parts and other auto performance products. The company strives to create automotive accessories that are high performance and stylish for many of the world’s most popular and exciting automobiles.
The last few weeks were quite eventful, with the summer’s biggest online sales event coinciding with the launch of augmented reality phenomenon, Pokemon Go. Many online retailers benefited from Amazon Prime Day, while physical retail stores got a surge of traffic from the Pokemon hype. What does this mean for retailers, both online and offline?
Online retailers have a lot of tasks on their plate. From ensuring optimal stock levels to auditing expenses, it’s easy to lose sight of things. But how you handle shipping isn’t something retailers can neglect. In fact, shipping plays one of the most significant roles in ecommerce success. Shipping costs and delivery speed impact customer […]