Most folks are more than familiar with the following idiomatic phrases: “diversification is the key to success” and “don’t put all your eggs in one basket.” And many are familiar with them in a business context. For example, when you sell products and services from your company’s website, you benefit by increasing the number of sales channels available to your customers – diversification is the key to success. Selling through a third-party marketplace also helps you mitigate the financial...
Category - Third-Party Marketplaces
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Back in February 2014, headlines about 11Main.com, Alibaba’s way of entry into the U.S. online marketplace scene, were popping up all over the web. At that time, however, the soon-to-be-released eCommerce site was only in preview mode. The glimpse inside revealed high-quality photography of boutiques and small indie-style shops, causing sellers and buyers alike to wonder what was in store – literally. But now that several months have passed, the waiting period has come to a close. Today, those who provided... 
Amazon is one of the most formidable 800-pound gorillas to ever walk into a room. From drones to membership perks to fulfillment centers and web services, Amazon seems to be paving the course before anyone else even knows which direction they’re heading. And that’s why Amazon is constantly making headlines. The business-savvy gorilla is hard to ignore. The most recent attention-grabbing news coming out of the Amazon headquarters came in the form of its new relationship with Twitter. According to an... Since the dawn of the Internet, magazine publishers have had to rethink the way they connect with their readership. As they watched the consumers who were once giddy about their glossy pages begin to favor digitized editions, they scrambled to follow the curve and stay relevant. Lucky for most magazine publishers, print subscriptions were never their bread and butter. Print advertising, however, was. “It wasn’t so long ago that almost every magazine chased ever larger circulation, even if it meant losing...
It’s been a few months since Alibaba announced its upcoming IPO, slated to be the biggest listing since Facebook’s in 2012. With its current value sitting at $128 billion, investor anticipation is palpable. But the announcement of its IPO came mid-year 2013 and the date for the public offering still hasn’t been set. So what has China’s eCommerce giant been doing in the interim? Well, according to today’s headlines, Alibaba has been hatching a new scheme to take over Amazon. And...
Other than Peapod or FreshDirect, shopping for groceries online leaves something to be desired. Although some of the United State’s biggest and most successful supermarkets offer the service, many of the websites are old, slow and clunky. To say the least, the user experience is lackluster – and that’s not even taking into consideration the limited selection that many of these sites make available. So if anyone were to come to the rescue, Amazon would be the one to do... 
According to Forbes, Jack Ma, the founder of Alibaba, China’s (and the world’s) biggest eCommerce company, is ranked No. 8 on the news outlet’s China Rich List. According to the Financial Times, an international publication that covers business, finance, economics and politics, Jack Ma is its Person of the Year for 2013. Before Ma first founded Alibaba in 1999, he might not have expected to find himself on a Forbes’ list of any kind – or as the person of... 
Since it was founded in 2001, Newegg.com has been heading on a growth path. Based on its nearly $1 billion in sales in 2004, Newegg found itself on the Internet Retailer magazine’s list of the Internet’s Top 10 retailers in 2005. And just four short years later, it was listed as No. 234 on America’s Largest Private Companies list, published by Forbes. In 2012, it reported more than $2.7 billion in revenue – a substantial jump from its debut appearance on... 
Calling retailers of all shapes and sizes! There’s a lot of money to be made by making your products available on various marketplaces, like Amazon, eBay and Rakuten (formerly Buy.com). It's good to be aware, however, that with those opportunities, comes an additional cache of responsibilities. It’s one thing to toss your goods onto an eCommerce marketplace, but it’s quite another to do it following best practices: 1. Tracking inventory Amazon suggests that merchants update their online inventory...