For businesses trying to scale their online presence, Shopify is a blessing. It’s the chosen platform for most booming eStores out there. And why not? It’s fast, efficient, and super convenient. Setting up a store on Shopify, product data entry, listing updation, and managing sales & inventory is easier than you think. Let’s see how!
In the last decade, Global eCommerce experienced enormous growth. Rising from $1.3 trillion in 2014, the worldwide online retail revenue hit $3.46 trillion in 2019 and might cross $4.97 trillion by 2021.
The Amazon marketplace is huge. For the sellers, it is more like an opportunity waiting to happen. Being one of the largest eRetail marketplaces, it gives the sellers access to a large customer base of about 310 million. But when it comes to selling, the competition knows no limits. Amazon seller base is constantly increasing by the day, thus making the competition even fiercer. How then you, as a seller, are supposed to stand out from the rest and be successful? Well, it certainly is possible, if you have a well-planned strategy in place.
Note: This is “Part 1″ in a series on leveraging marketplaces to sell products and widen customer reach. This installment focuses on choosing the right marketplace, setting up the eShop and populating it effectively.
You put your heart and soul in manufacturing high-quality products and developing an eCommerce store to sell them. But the amount of sales that is being generated is not enough. What next? How would you promote your products to widen customer reach and boost brand awareness? Think about online marketplaces!
Would you like to re-visit an online marketplace that displays unavailable products and coupon codes that are no longer valid? Certainly, no! One of the major factors that bring back buyers to an eCommerce store and marketplace is how regularly the product catalog is updated. While promotional offers and discounts play a key role in attracting prospects, it is a must to update the offers on a regular basis so that there is something new and exciting that your customers can find every time they visit you.