One key question that needs to be addressed by e-commerce businesses is whether to become authorized retailers for branded products. So, what is an authorized retailer, and what pros and cons do becoming one provide a reseller? Read on to find out!
All e-commerce platforms have one thing in common. They let people come together online to buy and sell products. Most of these platforms support product discovery and come with a virtual shopping cart and check-out. Beyond that, there are plenty of differences between e-commerce solutions like Newegg, Amazon, Shopify, and BigCommerce – just to name a few.
So, how do you choose the best e-commerce platform for your merchandise? You want to go where there’s already an online audience for your type of product. You’ll also want an e-commerce platform that’s mobile-friendly and easy to use. There’s a lot more to think about, so ask yourself these six questions as you make the best choice.
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Red Stag Fulfillment reports that the average e-commerce conversion rate is less than 5%. It’s easy to become an online seller, but not everyone is a conversion superstar. At Newegg, we want you to succeed and provide you with the tools and tips to convert more shoppers into customers.
Here are five best practices to follow to improve your conversion rates.
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Retailers face the challenge of capturing potential customers’ attention in an increasingly noisy and distracting virtual landscape. How can businesses cut through the pandemonium and optimize the ROI of their ad spend?
Complex Online Marketplaces Cultivate Savvy Users
Ecommerce competition has never been fiercer. After nearly three decades of expansion and technological advancement, the internet has become a more sophisticated sales environment than back in the early “dot com” days of the 1990s. And consumer savviness has advanced in lockstep with these changes. Now, merchants must grab consumer attention if they want to capture sales in an increasingly congested marketplace. So, how can a business stay ahead of the curve in such a dynamic environment?
Amazon commanded nearly 60% of U.S. online retail purchases in 2021. So, why would you want to sell your company’s products anywhere else?
Channel diversification is a good idea for a myriad of reasons. Today, over 50% of online stores have started using multiple channels to optimize their sales. They’re expanding their reach, but they’re also mitigating the risks and controlling the costs that come with Amazon overdependence. Through channel diversification, you can drive more business at a time when e-commerce sales have grown over 50% since 2019.
Let’s take a closer look at what you need to know.
Amazon commanded nearly 60% of U.S. online retail purchases in 2021. So, why would you want to sell your company’s products anywhere else?
Channel diversification is a good idea for a myriad of reasons. Today, over 50% of online stores have started using multiple channels to optimize their sales. They’re expanding their reach, but they’re also mitigating the risks and controlling the costs that come with Amazon overdependence. Through channel diversification, you can drive more business at a time when e-commerce sales have grown over 50% since 2019.
Let’s take a closer look at what you need to know.
Shipped by Newegg vs Newegg Shipping Label Service: Which Shipping Option is Best for Your Business?
Newegg Marketplace offers sellers options for inventory management and shipping services to help optimize business development and spur growth. Picking the best choice for your business is easy once you understand how each service allows your operation to excel.
In this installment of Newegg’s 2019 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 marketplaces. Read More
Everyone knows that selling on marketplaces is a great way to tap into a wide customer base and diversify your revenue stream. What you may not know is that having a specific strategy for our business marketplace holds a key part of driving incremental sales for many of our sellers. In 2015, B2B e-commerce sales soared well over $780 billion on consumer electronics, computer hardware, and office equipment with a projected growth of 19% for years to come. This is an opportunity you do not want to miss out on!
Sellers who are equipped with the know-how and tools can successfully double their sales on Newegg during the holiday season with the proper strategy. They have learned how to harness the power of our emails, online campaigns, and other digital promotions to drive exposure during this ultra-competitive season, and you can do the same with your business.