Sorted by Topic: Market Expansion
Merchants should always be looking for ways to expand their business. To grow your business, you must sell more products to more customers. One way B2B merchants are doing this is by selling on online marketplaces.
For many B2B sellers, online marketplaces are an untapped opportunity. They provide easy access to large new audiences. In this article, learn what some of the top B2B marketplaces are and how you can successfully sell on them. (more…)
Recently, we wrote about whether or not retailers should sell on Walmart marketplace. Ultimately, the decision is up to you. Walmart may be great for some, but not the right choice for others. However, if you do decide that you want to give Walmart a try, check out this infographic from 8th and Walton to help you get started. (more…)
(This post was originally published on October 23rd, 2013. We’ve updated it for accuracy and completeness.)
All merchants deal with the challenge of managing the data that their operations generate. You must pull orders, update item information, update inventory counts, create invoices, and enter payments into your accounting systems.
If you’re quickly growing or sell across multiple channels, then tracking down data takes most of your time and many hands to do. If not managed correctly, manually moving data between systems can be costly and counterproductive. That’s why many merchants turn to integrating their accounting system.
In this article, we’ll talk about the benefits of accounting integration and the best way to approach it.
Today, online sellers have a tough decision on where to sell their products. Whether it’s your webstore platform or marketplace, there are a lot of choices to pick from. When it comes to marketplaces though, Amazon and eBay have always been the top picks.
However, Walmart recently made a slew of changes that allow their marketplace to compete directly with Amazon. Should you sell be selling on Walmart marketplace? Read this article to find out! (more…)
Today’s consumers shop across multiple channels. They switch from online to offline channels to research and buy products as they please. To keep up with customers’ expectations, retailers are implementing multichannel selling strategies.
However, executing a multichannel retail strategy is difficult. You must understand the multiple places you need to be for your consumers and the multiple suppliers you need to integrate into your business. Along the way, it’s easy to make mistakes that can kill your success.
So, before you start your multichannel strategy, take into consideration these 10 common mistakes that retailers make when starting a multichannel business. (more…)