Did you know that Amazon sells 4000 products every minute? Millions of consumers daily turn to the marketplace for their shopping needs. The platform ships 1.6 million packages daily. That’s more than the population of Maldives, and Iceland, combined. As an eCommerce retailer, selling on the platform is a lucrative … Read more
Amazon has become an essential tool for online sellers of all scales. The marketplace has allowed small and medium business owners to compete globally and expand their reach. On average, retailers on the platform enjoy at least a 16 – 20% profit margin. Maintaining a presence on Amazon is lucrative. … Read more
Maintaining a presence on Amazon can be the next best (if not profitable) step for most online retailers. Almost 200 million customers visit the marketplace each month. Selling on the platform could take an operation to the next level. But making it happen though isn’t easy. Sellers need to do … Read more
While often overlooked, returns, refunds, and exchanges can hugely impact an eCommerce business. Most customers consider the ease of returns in their buying decisions. Sixty-seven percent (67%) of consumers check a retailer’s returns policy before purchasing. Likewise, 92% of buyers would make a return purchase from an eCommerce store if … Read more
Consumers, nowadays, are a different breed. Since they have ready access to information, they have become more conscientious and discerning customers. So today, brands can’t rely solely on billboards and television commercials to capture an engaged audience and turn a profit. With eCommerce and the capability to post online feedback … Read more
At the time of writing, there were 1.53 million active sellers on Amazon worldwide. That’s why it’s the no.1 global marketplace. Last year, more than half a million retailers started selling on the world’s top marketplace. At an average of 1,592 new sellers every day, the competition within the platform … Read more
Over the last few years, Amazon has become an invaluable tool for online sellers of all scales. The marketplace allows small and medium retailers to compete on a global scale. Through Amazon FBA and FBM and their intensive data analytic programs, it is less challenging for sellers to reach new … Read more
