A wise man learns from his mistake. The wiser one learns from others’.
Which one of these 2 groups do you belong to?
Yes, the second one; we thought so!
To help you learn from others’ mistake, here we bring 3 tips directly from online sellers who have experienced big failures in the past. Learn from them and boost sales of your online stores seamlessly.
“I was a complete novice when I was starting. I had this notion that selling online was easy. So once when I was in the game, I was expecting big things. But soon reality it. Sales were low. Attracting new customers was very difficult. And the worst part was I had already invested a lot in my products and warehouse. So I felt like trapped. The first entire year was very bad and I incurred a lot in the loss.”
Lesson #1- It’s not easy. It never was!
“I naively chose to sell on multiple platforms. And it was a big mistake. My Walmart store was going pretty great and I wanted to expand. So I thought I will use Walmart Integration with open marketplaces and webstores to have multiple storefronts. Sadly, it wasn’t that simple like I thought. Handling inventories and the listing was very difficult. I felt like a train wreck. There was so much to do and but I couldn’t do anything. Too much pressure. I still remember for few months, I couldn’t sleep properly. Contrary to the plans, even though I had many online selling points, sales dipped significantly. Eventually, I had to shut down many storefronts, getting back just on Walmart and Amazon.”
Lesson #2- Never sell on more number of platforms than you can handle. If you do, make sure you’re signed up to third-party e-commerce solution.
“I am far from being a technical person. So the first challenge for selling on various marketplaces was understanding the technical ends for better optimization of products, To that, I was also extremely confused about how to integrate my stores with each other. I spent days to understand how to sync Shopify Jet.com. Turns out I wasted a lot of time understanding and managing the technical stuff, which greatly impacted my sales. I wish I hired professionals back then”
Lesson #3- Avoid doing everything all by yourself. Hire professionals and experts when needed.
You have various needs. To that, you want more revenue. These often lead sellers to sell on multiple channels. They leverage different marketplaces, webstores, and comparison search engines to tailor their selling strategy, target audience appropriately and make the best sales possible.
However, multi-channel selling isn’t easy. Not only is it time-consuming, but equally stressful and confusing.
To aid this, if you have multiple storefronts online, here are 3 simple tips from experts:
Cut off the extra channels
Do you really need to use all these platforms? Amazon, Google Shopping, Netsuite Rakuten Shopify and whatnot? Are they offering you the same returns? Are not some taking a lot of time and efforts but not offering the same return?
Yes, identify such channels and get rid of them for good. Use only those who offer you optimum ROI.
Signup to e-commerce solution
This is quite a no-brainer. Signup to multi-channel e-commerce solution and handle all your marketplaces and webstores on a centralized platform, quickly, conveniently and efficiently. From Magento Walmart integration to Amazon Shopify, you can easily sync your channels and manage listings and inventories easily.
Yes, why spend so much of your time doing less important tasks when you can have experts working for you at a meager fee? Hire these professionals and let them work for you while you focus on more relevant tasks like marketing and post-sales services. It will drastically tone down the stress of handling multiple selling points.
These are 3 simple tips for online vendors who sell on multiple channels. Sell smart, sell big!
Even though the company has eased the application process in recent times, becoming a Walmart seller isn’t easy. There are lots of terms, conditions, and criterion. However, this isn’t really the hard part. The real challenge starts when once accepted and selling on this huge online marketplace.
Finding the right customers and matching your revenue expectations is difficult. Contrary to what the success stories preach, buyers won’t pour in and sales won’t skyrocket. You must work hard for it and you must be strategic.
Here are 3 simple ways to double your revenue as a Walmart third party seller:
Optimize your listings
The internal search engine of Walmart can drive you big business. So it is important you optimize your products for selected keywords. Be careful of the titles and descriptions; use high-quality product images.
Sell on other platforms
If done well, Walmart can bring you riches. However, why take narrow chances when you can do much more? Instead of selling just on Walmart, you can sell on other platforms. After all, having multiple online storefronts is always better than having just one. So get on Amazon, eBay, Jetl.com and other relevant platforms. Also, have your own website store.
Signup to multi-channel e-commerce solution
When selling on multiple platforms, it is best to sign up to third-party e-commerce solution to cut back on the manual and time-consuming work and to enjoy higher efficiency and convenience. You can easily integrate marketplaces, webstores and comparison search engines, right from Walmart and Amazon to Bigcommerce Google Shopping Feed.
These are 3 simplest ways to double your revenue from online selling. Go ahead, plan and execute. Today. Now.
Selling on Walmart.com is easy. But things take a hit when vendors start following some clichéd tips and outdated advice.
Are you a new Walmart seller?
Knowing what to do is important. But in the crowd of so many tips, tricks and “hacks”, knowing what not to do is equally crucial for your success.
Here 3 mistakes you should avoid to make selling on Walmart marketplace easier and more profitable:
- Handling everything manually- There’s a lot to handle at the backend, right from product listings and feed optimization to inventory management and order fulfillment. Controlling everything manually could be very time-consuming. So signing up to e-commerce solution isn’t optional anymore—it’s essential. So find a nice solution, manage not only Walmart store but also sell more on other platforms by easy integration on a centralized platform from Shopify to Amazon.
- Solely relying on an internal search engine- Relying solely on only the internal search engine of Walmart won’t help you much. Things are very competitive here and optimizing products/stores is very challenging. So sellers must also make marketing efforts on other channels as well, including social media platforms.
- Not leveraging analytics- As important as it is, sadly many people don’t make use of available data to optimize their sales. Don’t be one of them. Make use of analytics and calculus reports to understand the effectiveness and loopholes in your strategies. See what is working and what isn’t. Understand every aspect and then make improvements in your overall approach to boost your sales.
These are 3 mistakes that new Walmart sellers must avoid to enjoy a successful journey ahead. Good luck!!
You’ve been selling online for months now. And you’re pretty much satisfied with your returns. However, what if we tell you that you’re unconsciously leaving lots of money on the table that you can easily add to your bank account?
At times like these when competition is skyrocketing by every passing day, if you aren’t scaling your ecommerce business to new heights, you’re risking its existence. The fast-moving competitions will have no problem crushing over your establishment to move ahead. The mantra is quite simple—get better or get ready to perish.
Whether you own your own website store or sell on different marketplaces, here’s how to add scalability to your business so that it doesn’t stay in a spot tomorrow where it is today.
Hire a third hand-
When you’re trying to establish your online stores into something big, you need professionals and experts by your side. Drawing from their experience, they can seamlessly fuel your ideas and accelerate your market growth. Some of the top ecommerce solutions, today, are offering managed services. Lookout for them and hire a good one.
Introduce API integrations-
API integrations add more robustness and scalability to your business. This is even more important if you have multiple storefronts and handling listing, inventories and order fulfillment is too stressful. Signup to multi-channel ecommerce software solutions like ChannelSale and enjoy seamless Jet.com API and Walmart partner API integration for maximum convenience.
Grow social following-
When you have a large following on the likes of Facebook and Twitter, customer retention – which is much cheaper than acquisition – becomes very easy and quicker. So invest into growing your fans and followers on social platforms, put up the right messages and keep them engaged.
These are 3 simple ways to add more scalability to your ecommerce business. Do that and see your establishment grow by every passing day with least of efforts. Good luck!!!
Successful online sellers don’t do different things; they just do things differently. Away from all the hypes and unrealistic expectations, they always have a definite plan to move ahead accordingly. To that, they are much more analytical in their selling strategies and are open to make small investments for bigger rewards.
Want to know how some of them make as much as a million every year from their Amazon and eBay stores?
Here 4 hushed secrets that very people know about these top sellers—secrets that you can learn from to optimize your sales and boost returns:
They spend more time on marketing than evident-
As important as it is, very few online sellers really take digital marketing as something serious. Most of them don’t even leverage social media platforms to connect with their target audience; they just solely – and poorly – rely on the internal search engines of marketplaces. On the contrary, successful vendors invest a great deal of their time and money in marketing their online stores and engaging with the target audience.
They always have a third hand working for them-
Handling an online store is a lot of work. And it’s too hectic trying to do all by yourself. Top sellers are never alone. They hire freelancers, they regularly outsource services. And when stuck somewhere, they don’t try to do everything by themselves but rather hire experts for additional assistance. Meaning, they always have a third hand working for them.
Post-sales analysis is a big part of their routine-
Mentioned already, top sellers are very analytical in their approach. They never leave the opportunity to learn and make improvements. Majority of them spend a great deal of their time in analyzing their sales performance. Why things worked, why there was loss—they know the answer of all these questions and they are constantly getting better.
They are signed up to e-commerce solution-
When selling on multiple platforms, having a reliable multi-channel e-commerce solutions by your side is very important for efficient product listings, inventory management and more. Successful sellers integrate everything from eBay FBA to Shopify Jet.com. This makes the tasks much easier and them, much quick, efficient and productive.
These are 4 hushed secrets of successful eBay and Amazon sellers. If you want to make just as much riches as them, walk their path and implement their ideas—soon you will be one of them.
One of the biggest challenges for the online vendors is to efficiently handle their inventory. Majority of new sellers have, at least one time or another, struggled with over-selling.
Lack in the coordination of the marketing, selling and order fulfillment departments continue to be a major problem. This ultimate results is falling return and brand credibility.
Are you too struggling to manage your stock? Want to efficiently eBay inventory control?
Regardless your niche and selling platform, here are 3 hacks to make online inventory management easier:
- Do regular auditing- There’s nothing better than good’ol auditing. Instead of investing time in making contingency plans, give time in preparing that such emergencies never hit. Head out yourself and check the stocks, spot the errors and make fixes accordingly. Do this at least once every month.
- Sign up to e-commerce solution- Millions of online sellers leverage the powerful features of multi-channel e-commerce solutions. Whether you’re using Walmart Bigcommerce or Amazon, with their seamless integration, these solutions substantially cut back on errors. You get to manage all your inventories on a centralized platform, quickly and efficiently.
- Pay attention on returns- The returned products can really bump the flow of inventory management, creating all sorts of confusions. So it is important that you pay more heed on the return goods, and make right adjustments in your stock levels (and finances).
These are 3 simple hacks to help you manage your inventory the right way. Be smart and keep your eyes open to the details.
If you are looking for the best listing software for Amazon ecommerce marketplace, here are a few features that you must insist upon in order to gain the best value for your money…
End to end automation – Softwares are not magic. Therefore, the expression ‘end to end’ will be a little over the top to expect. However, it is possible to locate listing softwares that offer extended automation that can save hours of time and efforts in your part. Completely automated listing import and export, improvement in data in terms of offers and pricing, optimum optimization features and real time performance tracking and reporting are a few features that all worthy Amazon listing softwares possess.
Assurance of error free performance – The providers of the software solutions should be able to assure fortification from possible errors as well as trouble shooting assistance if need arises for the same. Details of the assurance should be considered thoroughly at the time of subscribing to the software solution.
Easy setup and integration with operative system and other marketplaces / CSEs – The software so chosen should not require you to change or redefine your operative system. It should be compatible with the latter while ensuring easy installation and integration as well. Multichannel performers should be able to access complete assistance for inter platform automation like Amazon Shopify Walmart Integration for feed management and listing and more without hassles.
Flexibility – If your chosen software is flexible, you will be able to add features as and when you need them than pay for it all at once in the beginning even if you don’t need to use certain evolved features at that very moment. Flexibility in Amazon listing softwares helps sellers in saving costs to a significant extent.
Affordability – Lastly, the softwares so chosen should justify the costs they are available in. for example, if you are approaching free software, be assured to experience nothing more than scratch basic features and vice versa.
Ecommerce feed management whether for marketplaces or comparison shopping platforms is never easy. There are way too many concerns and considerations that require sellers to gain some experience in the matter before approaching the same. For entities with minimal or no experience in the matter at all, seeking assistance of ecommerce professionals is always a wise decision to make. Following are some of the most common mistakes that sellers make while approaching feed management especially for integrated efforts like Bigcommerce Google Shopping feed control etc…
Forgetting optimization –
Sellers that ignore optimization or keep it for later are often those that never make it anywhere in terms of visibility and ranking in the respective marketplaces / CSEs. Feed optimization is something that should be approached at the very onset to get a good edge in competition. And yes the efforts include image optimization as well.
Underestimating tools and softwares –
Feed management in top marketplaces and CSEs is best approached with the assistance of tools and software solutions. This not only saves time through enhanced automation but also reduces risks of errors and faults to scratch.
Underestimating descriptions –
Many sellers are often seen to focus only on titles while forgetting completely about descriptions. In eBay Amazon listing or even in Walmart.com, Jet.com etc, descriptions matter in every bit when it comes to building purchase motivation in buyers. Therefore, sellers that underestimate descriptions may receive desired clicks but not conversions.
Forgetting to alter pricing with respect to marketplace competition – You may have priced your product competitively once, but if you forget to re price with respect to marketplace competition, you may lose out on visibility and sale significantly. This matters to the last word in platforms like Walmart.com, Amazon and eBay as well. Re pricing is usually a taxing process and is thus best handled with software support.
Fulfillment by Amazon is a genius order fulfillment system that is applicable to all sellers in all marketplaces and not just entities performing in Amazon. The all inclusive seller compatibility of FBA is perhaps one of the greatest boons to the world of e commerce mainly in terms of adding faultlessness to every delivery of every subscriber is concerned. Following are some of the tangible reasons why FBA is expected to retain its popularity among the ecommerce fraternity for years into the foreseeable future…
Firstly, FBA has always been the second name for ease and dependability. On subscribing to FBA, sellers only need to ship their inventory to the warehouses and the rest if taken care of without having to lift a finger. This includes picking, packing, shipping, delivery and even returns if applicable. Sellers with multichannel integrated performance like Netsuite Amazon Jet.com / Walmart etc can also receive instant updates on the status of the order fulfillment.
Secondly, FBA increases scope of business for all sellers in all platforms. Sellers that may have been dreading extending the scope of delivery can do so confidently with FBA. It is true that fees will be applicable; but working out profitable prices can balance out the odds favorably.
Thirdly, FBA integration is easy. Whether Rakuten FBA or eBay FBA or any other marketplaces for that matter, ecommerce solution developers these days have come out with very functional integration solutions that can link the two platforms at the blink of an eye! With perfect end to end integration, sellers will be able to wade through common hassles associated with FBA that mainly include loss of control on inventory, missing out on updates and alerts, mismanagement of fees etc.
Lastly, while buyers may face initial confusion on receiving a parcel from Amazon on ordering from some other marketplace, at the end of the day they will be happy with the services and may leave a good review or two.