In past blogs, we detailed the best ways to prime and promote your products to take advantage of this incredibly busy holiday season. This chapter is about taking a wider view of one of the quickest profit drains of the season: Shipping and Returns. We will detail the latest industry trends and the fulfillment tools available for Newegg sellers to proactively address rising customer expectations, 3PL fees, and high RMAs. Read More
In this installment of Newegg’s holiday blog series, we will discuss valuable improvements sellers can make to their product listings and seller store as well as some best practices for establishing your brand on our Marketplace. Read More
In the last installment of this holiday prep series, we covered some top-level marketing strategies that all e-commerce sellers should be implementing. In this blog, we are going even deeper to help bolster your holiday game plan by covering 6 of the most effective holiday marketing and pricing promotions on Newegg.com. Read More
As the second installment in Newegg’s Holiday Blog series, we take a look at the best marketing and promotional practices that marketplace sellers should consider implementing to prep for this busy season. Read More
For the launch of our holiday blog series, we wanted to provide a business overview of past holiday seasons and why sellers on marketplaces should expect this Q4 to be the biggest one yet! We’ll also cover helpful topics such as sales expectations, when to promote, and how to ensure your products reach your customers in time for the holidays. Read More
Boosting your Marketplace Listings in Search Engine Rankings
If you’re a marketplace seller you may think your product listings’ rank on search engines like Google and Bing is beyond your control. In reality, most marketplace sellers can impact one of the most important search ranking factors: product content. Highlighting the importance of on-page content, Google’s own guide to search engine optimization (SEO) states, “Creating compelling and useful content will likely influence your website more than any of the other factors discussed…”. Creating “compelling and useful content” starts with creating unique content that searchers can’t find elsewhere. By crafting original product descriptions, marketplace sellers can separate their product listings from the throng of other pages and websites on the internet. Here are 4 guidelines for developing unique product content for your marketplace listings:
The holiday shopping season is upon us. While customers are busy putting together their shopping lists, retailers have their own holiday list to reckon with. We’ve spoken to a number of sellers and put together a marketplace to-do list geared towards boosting holiday sales. Here’s what sellers are doing to master the marketplace during the holiday season. Read More
You’ve probably heard the age old financial advice to diversify or to put it another way, don’t put all your eggs in one basket. This principle of diversification isn’t just sage advice for investors but also for online retailers. As e-commerce retail continues to grow (15.1% last year alone), online marketplaces are becoming a go-to choice for consumers with 50% of online retail sales occurring on marketplaces. For most retailers the question is no longer, “should I sell on a marketplace?”, but rather, “how many marketplaces should I sell on?”. Here are 3 reasons why you should sell on more than one online marketplace:
1. Maximize Product Visibility
Customer journeys are more complex than ever with 71% of retail searches still occurring on the major search engines and 95% of shoppers looking at alternate sellers before making a purchase. Given this e-commerce landscape, online retailers should attempt to meet customers wherever they choose to shop. Read More
This is a guest blog post written by inventory management provider eComdash
One of the toughest parts of running an ecommerce business is inventory management. It’s also one of the most important elements. When inventory is not managed effectively, business owners can’t forecast sales accurately, potentially leading to shipment delays and dissatisfied customers.
Forecasting is not the only area affected by inventory mismanagement, cash flow is impacted as well. Carrying too much stock ties up money needed elsewhere, and not having enough inventory leads to overselling. Both scenarios affect your bottom line.
Implementing a robust and effective inventory management process helps accurately track stock levels, forecast future sales, and optimize purchase order processes. It reduces the likelihood of overstocking, under-stocking, and overselling – factors that influence how your business thrives.
To help get your inventory management operation on track, we’ve put a few tips together to streamline the process.
Think of Inventory as Money You Can’t Spend
Cross-border sales are growing rapidly, which country is right for your business?
Here’s the deal, modern consumers are savvier these days. The speed in which they are able to search, review, and buy products are made seamless because of where retail is happening–online. eMarketer estimates that ecommerce will account for 14.6% of total worldwide retail sales, topping $4 trillion by 2020. But we already know that. So what’s the real story? According to Forrester, cross-border transactions will outpace domestic transactions at a compound rate of 17% between 2017 and 2022.