A great infographic about the under-talked-about area of inventory management.
Earlier this week I was involved in a fascinating debate about eCommerce platforms. Which website to use to sell your products, where eBay and Amazon fit in the mix, and how to work out which the right solution for your business is.
At the last moment it was decided that, due to the great people in the room it would be worth recording the debate. [Read more...]
As always, and even more so in the current climate, consumers want as much as possible for each pound. It seems many retailers worldwide are stepping up to the mark and offering more bang for not much more buck. Personalised products have long been great gifts but often at an increased higher price. Now, however, it seems personalised products are becoming more popular as retailers start offering them at mainstream prices and they are becoming as much self purchase products, as gifts.
With Christmas trading just around the corner, building personalisation opportunities into your products is also a great differentiator. Adding another string to your bow in this way will encourage both previous customers and potential customers to see you in a new light.
Pricing is a hugely important decision. Get it right and the product will fly off the shelves, get it wrong and you risk alienating customers.
Around this time of year, you may well be thinking whether you should be changing your SEO focus for the Christmas period.
SEO activity can take anything from 4-6 months to several years to properly bed in, so it’s a little late to try refocusing entirely for Christmas 2014. Plus you need to be certain whether it’s even needed for your site or whether you can rely on the SEO structure that you have at the moment. [Read more...]
With ecommerce being dominated by the big websites such as Amazon, play.com and ASOS, it’s suprising to see the huge uprise in the amount of smaller niche websites. These niche websites delve deeper into specific product types and ranges than the larger retail websites.
Why are so many people starting niche websites? [Read more...]
Which chunks of eCommerce functionality are rated critical by the most eCommerce businesses?
The top 3 are all about getting your products in front of your customers. A site search that works, a good back end (content management system) so it’s easy to manage the website), and good product management / merchandising. Yet most businesses are not happy with their existing solutions.
Take a look at the chart – how do you compare? Would you agree with which is deemed most important? And how well is your current functionality serving you?
If you’ve not yet heard of Etsy you will. It’s quite a different approach to selling online that tackles a niche marketplace, and embraces all that the niche stands for – including the social / community side.
What is Etsy?
There’s quite a community on the site with over 7m users worldwide. And in 2010 sales revenue was $314m.
Not an infographic about which you should use right now to sell on, rather a strategic look at the 2 companies.
Most interesting stat – Alibaba actually makes money (look at the margins comparison!).
See the original here