Beyond Amazon: Better marketplace options.Nearly everyone has experienced the notorious dread that washes over you when discovering you just missed out on a great deal. The feeling greatly intensifies when you find out you could have made more money “if only...”. &nbsp;As such, many count the moment when they realize there are more ways to approach ecommerce business than Amazon alone as a turning point for their online retail business. &nbsp;You may be leaving money on the table everyday that you didn’t even know about… until now.The Amazon JumbleYes, Amazon is popular. &nbsp;Nearly a third of all US ecommerce business happened on Amazon last year. &nbsp;However, most retailers don’t even think to shop around for additional premium marketplace offerings, blinded by its stronghold as a marketplace favorite. &nbsp;Key Metrics:<ul><li>#1 online retailer in North America by a large margin</li><li>$296B+ in revenue in 2020 (up 38% from 2019!)</li><li>31.4% of all U.S. ecommerce sales growth in 2020</li></ul>In 2020, 90% of US businesses hosted their eRetail portfolio on Amazon alone. With these staggering numbers, some may ask, “if Amazon is a strong revenue source for us, why should we shop around?” Why rock the boat, right? Get Ahead of the DreadWell, savvy business owners know it’s risky to have all of your eggs in one basket. Arming yourself with the full picture can only strengthen your decision making abilities. There are additional opportunities beyond Amazon that could increase your sales with little effort. &nbsp;So, why not see what’s out there? Take a look at the fee comparison for other leading marketplaces compared to Amazon. <div><div><img src="https://assets.fridgecms.com/e17c564c-688d-4169-b813-4171c5afd029/q2nSsNnLv~r90RQ_4vro_/table.jpg"></div></div>While Amazon does have a lot of visibility, that also means a lot of competition. &nbsp;Placing your items for sale on multiple platforms may yield stronger results in a short amount of time. &nbsp;The best option is to diversify and sell on multiple marketplace portfolio options. &nbsp;The more places your target market can find you, the more sales you will yield. Next stepsReady to expand your marketplace portfolio? &nbsp;With Sync Channels powered by ChannelUnity, bringing additional marketplaces online is as easy as the click of a button. &nbsp;There are no additional fees or setup/implementation costs like you’d find with traditional marketplace integrations or data pipes. &nbsp;It really is that easy. &nbsp;Start picking that extra money up off of the table today by reaching out for your free consultation!

blog-post-1f.jpeg

Diversify Your Marketplace Portfolio

A White Glove ApproachThe marketplace has created a necessity for flexibility as companies constantly shift to meet market demands. &nbsp;It is critical to operate efficiently by finding ways to automate both front and back end processes. &nbsp;Data connectors are an incredibly useful tool when trying to optimize sales across multiple marketplaces, but when integration problems arise, they can take an incredible amount of time, money and resources to solve. &nbsp;Your business will surely thrive or die on your sales alone, and you can’t entrust your sales to just anyone. Most data connectors allow you to connect anything to everything without a special focus on any one area in particular. When it comes to your sales, you should opt for a more white glove approach and choose a data connector that focuses on marketplaces specifically. &nbsp;So what do you need to get results? &nbsp;Let’s explore your options.Data for ListingsWhen it comes to your listings you should be asking yourself, “Do I need endless options, or do I need help strengthening each listing?” &nbsp;The data collected with companies that do it all make a lot of assumptions in order to do so. &nbsp;By comparison, a more focused approach can offer special attention to your data and how it applies to your listings. With product landscapes and advertising changing so quickly, this can mean the difference between your product getting the Buy Box, or never being seen at all.Marketplace Integration RequirementsBecause marketplace integration requirements are constantly changing, your marketplace data connectors need to be ahead of the game in order to prevent downtime. &nbsp;If you’re working with a company that connects anything to everything, they can’t possibly be ahead of it all, all the time. &nbsp;Amazon in particular is extremely volatile. &nbsp;If you’re utilizing Amazon Marketplace, you need a marketplace partner focused on ensuring those integrations are maintained and up to date. Best PracticesYour product listings need maintenance and management. &nbsp;By utilizing a managed integration to NetSuite, you’re ensuring a seamless transfer of data. &nbsp;This is because you get custom mapping. &nbsp;When choosing the companies who do everything, they utilize pre-built mapping tools and make a lot of assumptions about your data. &nbsp;Having a consultant manage your integration will ensure best practices are being upheld with each listing, ultimately ensuring the highest placements and Buy Boxes in the marketplace.Bottom LineYes, some companies need data connectors that do it all. &nbsp;However, when it comes to connectors for marketplaces, the wise choice is to team up with a company that focuses on marketplaces specifically. &nbsp; Treat yourself to a bit of white glove service by ensuring your valuable sales are in the right hands. &nbsp;Your bottom line is the bottom line. Don’t get lost in the shuffle, reach out today to see what Sync Channels powered by ChannelUnity can do for you.

blog-post-2.jpeg

Can You Trust Data Connectors With Your Sales?

Sync Channels is proud to announce the completion of the <a href="https://www.netsuite.com/portal/developers/built-for-netsuite.shtml">Built for NetSuite (BFN)</a> certification and <a href="https://www.netsuite.com/portal/developers/sdn.shtml">SuiteCloud Developer Network (SDN)</a> partnership. Sync Channels extends the power of ChannelUnity directly into the native NetSuite interface, allowing you to have complete control of your marketplace and eRetail listings and orders from within NetSuite. NetSuite is the <a href="https://www.netsuite.com/portal/resource/articles/erp/erp-statistics.shtml#:~:text=NetSuite%20is%20the%20choice%20of,ready%20applications%20and%20data%20analytics.">#1 cloud ERP software</a>, with over 24,000+ customers worldwide. With the massive explosion of growth in the eCommerce space, Sync Channels is excited to help NetSuite customers grow and scale their online business.As a member of the SuiteCloud Developer Network program, Sync Channels is provided dedicated support and tools:<ul><li>Sophisticated development tools</li><li>Comprehensive technical services</li><li>Participation in product management/roadmap planning</li><li>Extensive lead generation programs</li><li>Co-marketing and co-selling opportunities</li></ul>With the SDN program and BFN certification, we are able to bring our customers the very best integration available, with a continued commitment to growing and expanding our platform to be the world's #1 online selling platform.<div><div><img src="https://assets.fridgecms.com/e17c564c-688d-4169-b813-4171c5afd029/_E9ELBymaLOuw44TqXVrO/logo-built-for-netsuite-hybrid-suiteapp-badge-lq-121819-blk.png"></div></div>

News

Diversify Your Marketplace Portfolio

Can You Trust Data Connectors With Your Sales?

Sync Channels Announces SDN Partnership