When it comes to selling online, there are many avenues that people may opt to take. Depending on whether your business sells cakes, cars or clothes – you may feel that you can only take one route. However, today’s market is built for multi-vendor opportunities, allowing you to explore a variety of routes to better improve your profits.
It’s in the behaviour
It seems to be human nature to hunt around for a marginal discount on a product. With so many retailers now online, customers are no longer faced with having to traipse around the high street looking for a reduction. With the ease of online shopping becoming increasingly accessible and requiring very little time, it would seem this is the best way to go, both for businesses and consumers.
The online market is dominated by those claiming to undercut one another, however, what if you could undercut yourself and still be the winner?
Ensuring that your products are available on multiple platforms and channels allows you to capitalise on the success; of the likes of Amazon and eBay. While questioning the best place to find discounted products, consumers opt for these marketplaces. Branding your listings and selling them at optimum pricing levels offers a smart move into the online marketplace.
Optimum selling price?
Seasonal changes, festive periods and trends are likely to sway consumer behaviour, so it is vital to make sure you are maximising profits based on such. The i3CMS offers an excellent tool to assist in this, by advising you what your optimum selling price is on each marketplace, based on historical data and analytics. Therefore, allowing you more time to focus on your business while the i3 system does the calculations for you.
But I already have an online store…
If you have an online store already, you are in an even better position to get selling on all the marketplaces and channels open to you. By extending your reach to the likes of Amazon, eBay and Rakuten, you are reaching out to their already established loyal customer base too.
Where do I start?
Whether you think you’re ready to get onto the multi-channel bandwagon or not, get in touch with us today and we’ll talk you through the process. We’ll even take you through the demo, step-by-step so that you can see just what we’re talking about.
What’re you waiting for? Book your demo today!