For most people it can be challenging to balance your work-life and your personal life. It can be stressful trying to find that divide between the two, and yet still find time in the day for yourself.
Communicate With Suppliers From Around the Globe, No Matter What Data Language They Prefer
As an eCommerce retailer, communicating with new suppliers isn’t as easy as picking up the phone. You likely have several unique and complex systems amongst your various suppliers that need to be able to talk to with your data management system. Unfortunately, manufacturers and suppliers use a hodgepodge of languages including EDI, XML, Flat File, CSV, and more.
How do you translate these languages for your eCommerce business? And how can you translate multiple data languages into a streamlined experience for your customers?
Leverage third-party niche marketplaces with the best strategies for success
As an established eCommerce retailer, are you happy with where your business is at? The answer for many, if not all, is probably no and for good reason. To grow your brand, successful companies are always looking for new opportunities to expand their sales and diversify their marketplace.
While you investigate additional opportunities to grow your eCommerce marketing strategy, one option to consider is third-party niche marketplaces. Branching out to third-party marketplaces such as Walmart.com, Jet.com, eBay, and Etsy can be a great opportunity to further build your business and grow your brand. All you need is the right strategy to increase ROI and grow your customer base.
Here is what you need to know to increase sales and find the best potential opportunities for eCommerce growth.
When running any type of business it’s important to keep track of all the moving pieces. You need to document sales, taxes, company expenses, and much more. It can be hard to stay on top of, so thank goodness we have programs like Excel to keep us organized. To the untrained eye, Excel can look very intimidating and confusing. As someone who has taken multiple classes online and in school about Excel, all I can say is that it’s worth all the frustration.
Keeping up with your ecommerce store is a challenge. There are countless tasks to be done, many hours of hard work to put in, and competition that you must always be aware of. Sure there are the massive giants like Amazon and Walmart, but to be honest those companies are too high on the food chain to consider your competition right now. I’m talking about the other guys just like you, staying up late and trying to manage a respectable store. These are the competitors you need to be on the lookout for.
We all know the famous phrasing, “the customer is always right”. We’ve heard it time and time again, and it’s referenced quite a bit in our world today. However, ask anyone that has had to work retail, fast food, or any position dealing directly with customers and you will find that that statement is not always true. So why the popular quote? Why should we have a mentality built around the customers always being right? The easiest answer would be that the customer is the most critical part to any business, and they can be incredibly valuable sources of information. They will tell you what is bad about your store, and how you should go about fixing it. Now, if you make every change critics recommend, you could risk losing your business. However, it’s important that we make changes, and adapt when we see trending issues and have the opportunity to improve.
How to speed up product sourcing and reduce supplier onboarding time for higher ROI.
Today’s customers expect a buying experience that is fast and convenient. eCommerce businesses have responded with custom APIs, powerful automation tools, and fine-tuned logistics, but suppliers have lagged behind.
How to Avoid the Critical Pitfalls & Thrive in the Amazon Marketplace
If you’re an ecommerce retailer, market forces practically demand that you sell on Amazon. After all, nearly half of web shoppers go there directly for every product search. Amazon accounted for 43% of all ecommerce sales in the United States in 2016. But it’s not all rainbows and sunshine for retailers looking to profit from Amazon’s unprecedented influence in the retail universe. Amazon has changed some of its direct selling techniques, to the detriment of many sellers who operate on the Amazon Marketplace.
Anyone can start an online business. Without exaggeration, anyone with a desire to start an online business and an internet capable device has everything they need to start an e-commerce store in 2018. Maybe that’s the allure so many people find in the idea. It’s easy. It’s quick. It’s practically free. It’s also doomed to fail if you don’t find the right products to sell. That’s exactly why we decided to create this article, to help identify the types of products that will actually sell, not to just have in your store.