SlideShare ist ein Scribd-Unternehmen logo
1 von 37
Sales Platforms that Work:
Successful Multi-Channel
          Selling

     Crystal Wells - Marketing
       Vendio Services, Inc
About Vendio
  Leading On-demand Multi-Channel eCommerce platform
  – 90,000 merchants selling over $1.5 Billion of goods annually
  Vendio is a simply powerful solution for managing listings, inventory and
  sales across your branded website, Amazon, eBay and other online
  channels. With Vendio, you will break through barriers to sales by listing
  more products in more places in less time.
  Vendio is quick to get up-and-running without consultants or
  programmers. Vendio is a compelling value for business owners that want
  to run their company, not their software.
  Incorporated in 1999, headquartered in Silicon Valley
  Acquired by Alibaba.com in July of 2010
  Acquired SingleFeed in June 2011 – CSE data feed management
  company
Agenda

 What is Multi-Channel?
 The path to Multi-channel
 Pre-Built Markets and Your Web Store
 Moving into Multi-Channel
 Creating a Multi-Channel Plan
 Automation and Growth
 The Markets
 Picking a Partner
What is Multi-Channel Selling?

  Multi-channel selling is model that allow you to
  sell on multi-markets including your own web-
  store.
  Rather than performing tasks on a single
  marketplace, you integrate and automate
  processes, leveraging the strengths of each
  marketplace.
  Policies, processes, strategies, information and
  content are NOT treated as separate market to
  market, but consistent on all markets.
You are not a Multi-Channel Seller if….

  You maintain separate inventory for each channel. (You
  are a single-channel seller, using more than one single-
  channel).
  You maintain different branding, on more than one site.
  You have different policies on different markets
  (marketplace rules and regulations aside).
  You customer has a different experience by
  marketplace. (If there are different answers to the same
  question by marketplace).
Succeeding in your Multi-Channel World

  Successfully using multi-channels to sell your
  items requires that you split your focus without
  giving up your core competency and the path to
  success requires discipline, knowledge, the
  right tools for the job and most of all a plan that
  you stick too.
  Consistency..Consistency..Consistency..
Typical Progression to Multi-Channel

       • 0%                            • 100% Sales
                                       • 100% Time


                   Social
                               eBay
                 /Marketing




                  Website     Amazon


       • 0%                            • 0%
Typical Progression to Multi-Channel

       • 0%                           • 0%



                  Social/
                              eBay
                 Marketing




                 Website     Amazon

       • 0%                           • 100% Sales
                                      • 100% Time
The Typical Next Steps

       • 0%                          • 50% Sales
                                     • 50% Time


                 Social/
                             eBay
                Marketing




                 Website    Amazon

       • 0%                          • 50% Sales
                                     • 50% Time
The Typical Next Steps

       • 20% Sales                        • 40% Sales
       • 10% Time                         • 20% Time

                      Social/
                                  eBay
                     Marketing




                     Website     Amazon

       • 15% Sales                        • 40% Sales
       • 50% Time                         • 20% Time
The Outcome…You “could” eliminate Pre-Built
Markets

       • 20% Sales                        • 10% Sales
       • 20% Time                         • 10% Time


                      Social/
                                  eBay
                     Marketing




                     Website     Amazon

       • 50% Sales                        • 20% Sales
       • 50% Time                         • 20% Time
The Starting Line Up

  Merchants typically start with a pre-built
  marketplace, such as eBay or Amazon. The
  other marketplaces may require too much effort
  for a starting seller.
  Pre-built marketplaces (eBay, Amazon) have a
  low cost entry point, a large buyer base and
  15,000 rules and regulations. Other markets
  may be emerging, but they take more effort and
  may not be the best starting arena.
The One-Channel Pitfall

  For someone just starting out, focusing on one market
  makes sense. There is a pretty large learning curve for
  beginners and mastering the pre-built marketplaces
  such as eBay and Amazon can cut initial investment
  and expenses.
  Some sellers never get beyond the point of selling on
  one market despite their desire.
  The downside in staying in one channel is that you can
  end up encumbered by the marketplace policies, pay a
  large portion of your sales in fees, always have your
  income at risk and give up significant control of your
  business.
Pre-Built Marketplace Risks

   eBay                       Amazon
   – Account is always        – Account can be at risk.
     highly at risk.            Suspension is forever.
   – Can raise fees to an     – Can raise fees to an
     unsustainable level        unsustainable level.
   – Policies frequently      – Policies can change
     change that require        that require you to
     you to remodel your        remodel your business
     business                 – High risk that Amazon
   – Competing with Sellers     can become your
     who have a much            competitor
     better deal with eBay
The Principle difference between eBay and Amazon


     eBay is Item based            Amazon is product
    – Seller controls his          based
      description and images       – Detail page control is
      and policies                   given to the first
    – Seller is paid directly to     merchant to create the
      his PayPal account             item. By some magic
                                     algorithm or request
                                     from a seller, the
                                     details of the product
                                     evolve over time.
                                   – Seller is paid bi-weekly
What about the other Pre-Built Markets

   Sellers should keep their ears to the ground
   and their eyes on the prize.
   Emerging markets, such as Etsy and Bonanza
   have potential, but require more work and
   social interaction and with the communities.
   Investing your time wisely may mean that you
   forgo these markets until you have the
   capability of drawing your own customers
   (email marketing, social connections).
Moving to Multi-Channel Selling
  In order to move into multi-channel selling, merchants need to
  develop a plan to move into additional channels.
  Without a detailed plan, it’s easy to end up spinning your wheels
  and spending time on what seems important, but doesn’t deliver.
  It is also easy to fall into the “give up” trap. Initially, when you open
  your own website, for example, you cannot expect hundreds of
  sales on your first day with no effort.
  The key to having a good plan is to create your strategy and set
  realistic goals. Spend time every single day focusing on what
  drives sales and grows your business.
A Typical Multi-Channel Plan

                               Your Own
    Pre-Built     Your Own
                                Social &
    Markets        Website
                               Marketing

                               Facebook
                  Comparison
                   Shopping
                    Engines
   eBay and/or                  Twitter
     Amazon
                  Customer      Email
                 Management    Marketing
Develop your Plan

  When you begin developing your plan, you’ll want to
  concentrate your efforts on two areas: Automation and
  Growth.
  Whatever you are doing today, look at every avenue
  available to automate (For example, Vendio, we
  automate the inventory between eBay, Amazon, your
  Own Website and Facebook).
  Look at all the ways you can automate EVERYTHING.
  Every area that you automate, give you additional time
  to move to the second step which is GROWTH.
Using the Pre-Built Markets - eBay
  eBay can be an Incubator. You do not owe them loyalty. You are
  paying for access to the customer base.
  eBay can be used as lead generation. If at all possible, a seller
  should capture the buyer as a future customer, either at eBay or on
  their own website.
  While you can use eBay forever, it is where you can get your start
  with little expense and gain the experience needed to expand into
  more complex markets, such as Amazon or your own website.
  Use eBay to dispose inventory, one-of-a-kind and less than perfect
  item (described correctly).
  Use eBay auctions when you do not know the value of an item.
Using the Pre-Built Marketplaces-
Amazon
  Amazon has 2 selling levels. Casual and Professional.
  Professional seller is $39.99 per month (plus fees). Casual is an
  $.99 per item (plus fees). Note: Sellers should START at the
  professional level if they plan on becoming professional in the
  future.
  Amazon can be your shipping department. Using FBA, you can
  eliminate the need for additional headcount or shipping department
  altogether.
  No per item listing fee, can be a great testing area for new
  products.
  Good Market for refurbished, liquidation items that are like new.
  Easy listing for catalog items. Attach your items to existing items
  significantly cuts down listing time.
Using your own Web Store

  Your own web store is where you can begin bringing all
  your work together.
  Requires that you are responsible for getting
  customers. Customer acquisition should be your
  primary focus after your store is built.
  Requires that you design, brand and create good
  unique content.
  Use your web store to reduce your marketplace
  dependence and reduce your marketplace fees.
  Good market for long-tail, seasonal items. Even better
  for your best sellers.
  Unencumbered by marketplace rules. However…
Customer Acquisition

  Let’s talk search engines
  – SEO – “Search engine optimization”. This is making your
    site search engine friendly. Content is critical.
  – CSE – Comparison Search Engines. These are feeds you
    send out.
  – Paid Search – Paid Search / Ad Campaigns
  Email Marketing
  – Should have a list of customers
  – Should have regular promotions to garner repeat sales
  Social Marketing
  – Time permitting or big focus depends upon you.
Web Store “No’s - No’s”

   No logo or
   branding
   No contact
   information
   No products            No Sales
   No accurate
   descriptions
   No Trust
   No Returns
Automate…then Grow


                                                Own
  eBay                  Amazon                                           Social
                                               Website
                        Automate Everything                              Automate Everything
 Automate Everything                            Automate Everything
                         -Manage Inventory                               -Connect your Store to
 -Automate Feedback                            -Cross Market Inventory
                            -Add Listings                                      Facebook
  -Manage Inventory                            -Create a Good Design
                        -Create Promotions &                             -Automate Tweets for
  -Schedule Listings                            -Automate CSE Feeds            Twitter
                                Sales


        Grow                                           Grow                      Grow
                               Grow
 -Additional Products                             -Add more SKUs         -Develop relationships
                          -Add more SKUs
                                                                            with customers
  -Develop Customer       -Use Third Party      -Automate Coupons
     Relationships                                                           -Create a Blog
                             Solutions         -Create Email Marketing
   -Use Third Party
      Solutions
Caution..
  When you are planning on expanding into multi-channel, try not to
  exchange but to grow your channels.
  – For example, if you are selling $1000.00 per week on eBay and want to move
    to Amazon, don’t end up with $500.00 of sales on eBay and $500.00 of sales
    on Amazon.
  Use every opportunity to grow your business, but temper your time
  accordingly. Knowing that it will take some effort to build your own
  website, don’t shut down your existing markets and go full force on
  your website.
  To be effective, you’ll need to plan to automate all your
  processes, plan and execute, and schedule time for growth
  opportunities.
Plan for a Top-Down Strategy….

  When you begin selling, or as you move
  forward from today, begin planning for multi-
  channel by leveraging any and all work that you
  do.
  In the upcoming slides, we will talk about what
  you can do NOW to prepare for a multi-channel
  strategy from today forward.
Product Titles

  Think “SEO” when creating your product titles
  for all your markets.
  Don’t use “free shipping” or other promotional
  text in your title.
  Google Rules:
  – Promotional or boilerplate text may not be included in
    your store name and product data. All data needs to be a
    clear and direct description of the submitted product. Text
    related to shopping or store policies is not allowed. For
    example, "Free shipping" is not allowed.
  Do use keywords related to your product
Question: eBay Sellers

  How many times have you had to revise your
  descriptions on eBay due to new policies in the past
  few years?
  eBay descriptions should not be used to talk about
  feedback, returns, warnings, negativity in any
  fashion, nor should they be longer than the Declaration
  of Independence, which is 1300 words
  In viewing the changes on eBay over the last few years
  and reading the writing on the wall – The best bet is to
  ONLY put product description in your description.
Product Description from the Start

        Think “SEO” when creating your product
        descriptions.
        Don’t put anything in a product description that
        is not related to the product. Google Product
        search will reject any products.
Google Product Search Rules:
In order to provide users a high-quality shopping experience, the product data provided to Google needs to accurately
       describe your items, and has to reflect the current status of the products on your website at all times.
We will periodically check your products to ensure the accuracy of your product data. If your product data doesn’t meet
        our quality standards, your products will be suspended from Google Product Search until the issues have been
        addressed.
In case of repeated violations of our quality standards, your items will be suspended:
for at least one week after the second violation
at least one month after the third violation
After the third violation, we may suspend your items for an extended period of time - potentially indefinitely.
eBay Description - Old School
  YOU ARE BIDDING ON A BRAND NEW 3M SCOTCH BUBBLE MAILERS (25) SIZE 2, 8.5" X 11" BRAND
  NEW. IT IS BRAND NEW SEALED 3M SCOTCH BUBBLE MAILERS 8.5 81/2 X 11 SIZE 2 - 25 PK

  I AM A TRUSTED SELLER SO BUY WITH CONFIDENCE THIS RETAILS AT $49.98 PLUS TAX, PLUS
  SHIPPING, IM SELLING IT FOR LESS THAN 50% OFF ITS RETAIL.

  I ONLY HAVE ONE LEFT, DON’T BE FOOLED BY THE IMITATORS ON EBAY OR YOU WILL HAVE WASTED
  YOUR MONEY JUST CHECK MY FEEDBACK I SEND REAL PRODUCT

  BRAND NEW, BUT AT A DISCOUNTED PRICE

  SMOKE FREE HOME

  PLEASE NOTE I HAVE EXTREMELY FAST SHIPPING FEEDBACK. I WILL SHIP BY USPS (ONLY) SAME
  DAY OR WITHIN 24 HOURS OF RECEIVING FULL PAYMENT. INTERNATIONAL SHIPPING (ALSO BY
  USPS) IS AVAILABLE TO MOST COUNTRIES ****SIDE NOTE****FOR EVRYONE THERE ARE NO
  RETURNS

  I RESERVE THE RIGHT TO REFUSE BIDDERS WITH ZERO OR EXCESSIVE NEGATIVE
  FEEDBACK, PLEASE ASK ALL QUESTIONS BEFORE MAKING BIDS

  ONCE THIS IS GONE, IT’S GONE AND YOU WOULD HAVE LOST OUT ON THIS GREAT DEAL

  IF YOU WOULD LIKE MORE PICTURES OR HAVE ANY OTHER QUESTIONS PLEASE LET ME KNOW
  BEFORE YOU BID, I WILL ANSWER PROMPTLY, THERE ARE NO RETURNS SOLD AS IS
Product Images

 Amazon Image    eBay Image
Aim for Consistent Policies

  A consumer goes to eBay and finds your
  Wrench for $9.99. He goes to your website and
  finds the same wrench for $9.99.
  The consumer purchases the wrench from your
  website and decides he does not want the
  wrench.
  Your policy on your website is no returns. Your
  policy on eBay is 30 day returns.
  Your policies should encompass your business
  not the market where you sell
Choosing a Company to Manage Multi-Channel


   Choosing a company to work with can take
   some planning.
   Initially, you’ll want to create a list of
   requirements. You’ll find that some companies
   do everything, but are cost prohibitive or some
   companies do less than you require but are
   cost effective.

         Deal Breakers          Nice to Have
      Over $500 per month    Predictable Pricing
       Requires Contract     Manages Inventory
         Multi-Channel       Customer Service
Business needs determines your selection


                              • Very Expensive
  Bricks and Mortar
                            • Hire Developer to
         POS
                                  Integrate




                               • Cost Effective
 Ecommerce Platform         • Becomes System of
                                   Record
Basics to look for:

  Can the service manage inventory across channels.
  Does the service have predictable pricing or does it
  have transaction or success fees.
  Are there hidden fees, such as bandwidth or storage?
  Are the fees displayed?
  Is there a contract?
  Is there a trial?
  Do they meet or exceed your list of requirements?
  Do they provide customer support?
  List out your feature requirements (reports, image
  hosting, coupons, etc).
Questions?

THANKS FOR ATTENDING
If you’d like a copy of this
     presentation or want to attend a
     webinar on building your own
     Website - drop off your card or
     email address.
If you have ??? about Vendio or this
     presentation, please find me or
     grab my business card and
     please feel free to contact me
     after this event!

Weitere ähnliche Inhalte

Was ist angesagt?

Ecommerce Guide to SEO - Your Questions Answered
Ecommerce Guide to SEO - Your Questions AnsweredEcommerce Guide to SEO - Your Questions Answered
Ecommerce Guide to SEO - Your Questions Answered
Ronen Amit
 
W:W Brands Info dropship
W:W Brands Info dropshipW:W Brands Info dropship
W:W Brands Info dropship
scafondram
 

Was ist angesagt? (18)

How to sell $2 million dollars of leggings (Vancouver Version)
How to sell $2 million dollars of leggings (Vancouver Version)How to sell $2 million dollars of leggings (Vancouver Version)
How to sell $2 million dollars of leggings (Vancouver Version)
 
Amazon kindle profits
Amazon kindle profitsAmazon kindle profits
Amazon kindle profits
 
Win A $1000 Amazon Gift Card
Win A $1000 Amazon Gift CardWin A $1000 Amazon Gift Card
Win A $1000 Amazon Gift Card
 
Dropship your way to ebusiness success
Dropship your way to ebusiness successDropship your way to ebusiness success
Dropship your way to ebusiness success
 
eBay Selling Secrets Revealed
eBay Selling Secrets RevealedeBay Selling Secrets Revealed
eBay Selling Secrets Revealed
 
Insert pages for tg
Insert pages for tgInsert pages for tg
Insert pages for tg
 
LocalSocial Getting Started Guide
LocalSocial Getting Started GuideLocalSocial Getting Started Guide
LocalSocial Getting Started Guide
 
16 proven ways to earn from amazon
16 proven ways to earn from amazon16 proven ways to earn from amazon
16 proven ways to earn from amazon
 
E commerce guide for apparel
E commerce guide for apparelE commerce guide for apparel
E commerce guide for apparel
 
Ebayinfoproduct
EbayinfoproductEbayinfoproduct
Ebayinfoproduct
 
Top Affiliate Tactics
Top Affiliate TacticsTop Affiliate Tactics
Top Affiliate Tactics
 
Ecommerce Guide to SEO - Your Questions Answered
Ecommerce Guide to SEO - Your Questions AnsweredEcommerce Guide to SEO - Your Questions Answered
Ecommerce Guide to SEO - Your Questions Answered
 
Easy ebay 2010
Easy ebay  2010Easy ebay  2010
Easy ebay 2010
 
week13
week13week13
week13
 
NOMI Network Online Sales Platforms - Spring 2019
NOMI Network Online Sales Platforms - Spring 2019NOMI Network Online Sales Platforms - Spring 2019
NOMI Network Online Sales Platforms - Spring 2019
 
Jeff Cohen | Smart Traffic Live 2019
Jeff Cohen | Smart Traffic Live 2019Jeff Cohen | Smart Traffic Live 2019
Jeff Cohen | Smart Traffic Live 2019
 
W:W Brands Info dropship
W:W Brands Info dropshipW:W Brands Info dropship
W:W Brands Info dropship
 
E Commerce Guide For Apparel
E Commerce Guide For ApparelE Commerce Guide For Apparel
E Commerce Guide For Apparel
 

Ähnlich wie Sales platforms that work - Multi-channel Selling

Ähnlich wie Sales platforms that work - Multi-channel Selling (20)

Cost Effective Ways You Can Sell on eBay, Amazon and Your Store
Cost Effective Ways You Can Sell on eBay, Amazon and Your StoreCost Effective Ways You Can Sell on eBay, Amazon and Your Store
Cost Effective Ways You Can Sell on eBay, Amazon and Your Store
 
SITEC Ec Class - e-Tail Process by Coach Adrian Oh
SITEC Ec Class - e-Tail Process by Coach Adrian OhSITEC Ec Class - e-Tail Process by Coach Adrian Oh
SITEC Ec Class - e-Tail Process by Coach Adrian Oh
 
Facebook Ecommerce | Michael Vorel
Facebook Ecommerce | Michael VorelFacebook Ecommerce | Michael Vorel
Facebook Ecommerce | Michael Vorel
 
Follow the Customers: Selling on Amazon, eBay and Webstore
Follow the Customers:  Selling on Amazon, eBay and WebstoreFollow the Customers:  Selling on Amazon, eBay and Webstore
Follow the Customers: Selling on Amazon, eBay and Webstore
 
Follow the Customers: Selling on Amazon & eBay & webstores
Follow the Customers: Selling on Amazon & eBay & webstoresFollow the Customers: Selling on Amazon & eBay & webstores
Follow the Customers: Selling on Amazon & eBay & webstores
 
CEO Module 3
CEO Module 3CEO Module 3
CEO Module 3
 
WooSesh 2022: Connected Commerce
WooSesh 2022: Connected CommerceWooSesh 2022: Connected Commerce
WooSesh 2022: Connected Commerce
 
Shopify Presentation
Shopify PresentationShopify Presentation
Shopify Presentation
 
1st Shopify Meetup in Perth - February 2018
1st Shopify Meetup in Perth - February 20181st Shopify Meetup in Perth - February 2018
1st Shopify Meetup in Perth - February 2018
 
Brisbane Shopify Meetup 2nd August 2018 - 'Preparing for the Upcoming Retail ...
Brisbane Shopify Meetup 2nd August 2018 - 'Preparing for the Upcoming Retail ...Brisbane Shopify Meetup 2nd August 2018 - 'Preparing for the Upcoming Retail ...
Brisbane Shopify Meetup 2nd August 2018 - 'Preparing for the Upcoming Retail ...
 
How to start Dropshipping Aliexpress using woocommerce Guide
How to start Dropshipping Aliexpress using woocommerce Guide How to start Dropshipping Aliexpress using woocommerce Guide
How to start Dropshipping Aliexpress using woocommerce Guide
 
PhuHV - Presentation - How To Sell On eBay
PhuHV -  Presentation - How To Sell On eBayPhuHV -  Presentation - How To Sell On eBay
PhuHV - Presentation - How To Sell On eBay
 
2018 SITEC EC CLASS - Introduction to E-Commerce 101: The E-Tail Process by A...
2018 SITEC EC CLASS - Introduction to E-Commerce 101: The E-Tail Process by A...2018 SITEC EC CLASS - Introduction to E-Commerce 101: The E-Tail Process by A...
2018 SITEC EC CLASS - Introduction to E-Commerce 101: The E-Tail Process by A...
 
Ecommerce marketplaces and knowhow
Ecommerce marketplaces and knowhowEcommerce marketplaces and knowhow
Ecommerce marketplaces and knowhow
 
How to become a millionaire with eCommerce
How to become a millionaire with eCommerceHow to become a millionaire with eCommerce
How to become a millionaire with eCommerce
 
Digital marketing blueprint 2015
Digital marketing blueprint 2015Digital marketing blueprint 2015
Digital marketing blueprint 2015
 
Click bank affiliate_marketingpromot
Click bank affiliate_marketingpromotClick bank affiliate_marketingpromot
Click bank affiliate_marketingpromot
 
ecom slides.pptx
ecom slides.pptxecom slides.pptx
ecom slides.pptx
 
Learning how to be successful at selling on eBay
Learning how to be successful at selling on eBayLearning how to be successful at selling on eBay
Learning how to be successful at selling on eBay
 
Final e bay
Final e bayFinal e bay
Final e bay
 

Mehr von Internet Merchants Association

Mehr von Internet Merchants Association (14)

Guide to basic ecommerce seo
Guide to basic ecommerce seoGuide to basic ecommerce seo
Guide to basic ecommerce seo
 
Kick Ass Social Commerce for Small Business: It's not About Likes, It's About...
Kick Ass Social Commerce for Small Business: It's not About Likes, It's About...Kick Ass Social Commerce for Small Business: It's not About Likes, It's About...
Kick Ass Social Commerce for Small Business: It's not About Likes, It's About...
 
The rise of tablets how responsive web design is in your future
The rise of tablets   how responsive web design is in your futureThe rise of tablets   how responsive web design is in your future
The rise of tablets how responsive web design is in your future
 
Comparison shopping engines 101 getting your products found
Comparison shopping engines 101 getting your products foundComparison shopping engines 101 getting your products found
Comparison shopping engines 101 getting your products found
 
Google shopping get the 800 pound gorilla on your side
Google shopping   get the 800 pound gorilla on your sideGoogle shopping   get the 800 pound gorilla on your side
Google shopping get the 800 pound gorilla on your side
 
Funding your expanding ecommerce business case studies
Funding your expanding ecommerce business   case studiesFunding your expanding ecommerce business   case studies
Funding your expanding ecommerce business case studies
 
Comparison Search Engines Advanced: More Tips for Experienced Online Sellers
Comparison Search Engines Advanced: More Tips for Experienced Online SellersComparison Search Engines Advanced: More Tips for Experienced Online Sellers
Comparison Search Engines Advanced: More Tips for Experienced Online Sellers
 
The 4 S's of Successful ECommerce Selling
The 4 S's of Successful ECommerce SellingThe 4 S's of Successful ECommerce Selling
The 4 S's of Successful ECommerce Selling
 
Creating an outstanding customer experience on your web site
Creating an outstanding customer experience on your web siteCreating an outstanding customer experience on your web site
Creating an outstanding customer experience on your web site
 
Comparison Search Engines: Make Your Products Visible Everywhere!
Comparison Search Engines: Make Your Products Visible Everywhere!Comparison Search Engines: Make Your Products Visible Everywhere!
Comparison Search Engines: Make Your Products Visible Everywhere!
 
The good and bad of low cost web stores
The good and bad of low cost web storesThe good and bad of low cost web stores
The good and bad of low cost web stores
 
7 must haves for your ecommerce store
7 must haves for your ecommerce store7 must haves for your ecommerce store
7 must haves for your ecommerce store
 
Get More Exposure: Using Comparison Shopping Engines
Get More Exposure: Using Comparison Shopping EnginesGet More Exposure: Using Comparison Shopping Engines
Get More Exposure: Using Comparison Shopping Engines
 
10 Things Every Online Merchant Must Do
10 Things Every Online Merchant Must Do10 Things Every Online Merchant Must Do
10 Things Every Online Merchant Must Do
 

Kürzlich hochgeladen

Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Abortion pills in Kuwait Cytotec pills in Kuwait
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
Abortion pills in Kuwait Cytotec pills in Kuwait
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
daisycvs
 

Kürzlich hochgeladen (20)

Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Rice Manufacturers in India | Shree Krishna Exports
Rice Manufacturers in India | Shree Krishna ExportsRice Manufacturers in India | Shree Krishna Exports
Rice Manufacturers in India | Shree Krishna Exports
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
 
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pillsMifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
Mifty kit IN Salmiya (+918133066128) Abortion pills IN Salmiyah Cytotec pills
 
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 MonthsSEO Case Study: How I Increased SEO Traffic & Ranking by 50-60%  in 6 Months
SEO Case Study: How I Increased SEO Traffic & Ranking by 50-60% in 6 Months
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
BeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdfBeMetals Investor Presentation_May 3, 2024.pdf
BeMetals Investor Presentation_May 3, 2024.pdf
 
Arti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdfArti Languages Pre Seed Teaser Deck 2024.pdf
Arti Languages Pre Seed Teaser Deck 2024.pdf
 
Falcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial WingsFalcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial Wings
 
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabiunwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
unwanted pregnancy Kit [+918133066128] Abortion Pills IN Dubai UAE Abudhabi
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 
HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024HomeRoots Pitch Deck | Investor Insights | April 2024
HomeRoots Pitch Deck | Investor Insights | April 2024
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai KuwaitThe Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
The Abortion pills for sale in Qatar@Doha [+27737758557] []Deira Dubai Kuwait
 
Falcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to ProsperityFalcon's Invoice Discounting: Your Path to Prosperity
Falcon's Invoice Discounting: Your Path to Prosperity
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 

Sales platforms that work - Multi-channel Selling

  • 1. Sales Platforms that Work: Successful Multi-Channel Selling Crystal Wells - Marketing Vendio Services, Inc
  • 2. About Vendio Leading On-demand Multi-Channel eCommerce platform – 90,000 merchants selling over $1.5 Billion of goods annually Vendio is a simply powerful solution for managing listings, inventory and sales across your branded website, Amazon, eBay and other online channels. With Vendio, you will break through barriers to sales by listing more products in more places in less time. Vendio is quick to get up-and-running without consultants or programmers. Vendio is a compelling value for business owners that want to run their company, not their software. Incorporated in 1999, headquartered in Silicon Valley Acquired by Alibaba.com in July of 2010 Acquired SingleFeed in June 2011 – CSE data feed management company
  • 3. Agenda What is Multi-Channel? The path to Multi-channel Pre-Built Markets and Your Web Store Moving into Multi-Channel Creating a Multi-Channel Plan Automation and Growth The Markets Picking a Partner
  • 4. What is Multi-Channel Selling? Multi-channel selling is model that allow you to sell on multi-markets including your own web- store. Rather than performing tasks on a single marketplace, you integrate and automate processes, leveraging the strengths of each marketplace. Policies, processes, strategies, information and content are NOT treated as separate market to market, but consistent on all markets.
  • 5. You are not a Multi-Channel Seller if…. You maintain separate inventory for each channel. (You are a single-channel seller, using more than one single- channel). You maintain different branding, on more than one site. You have different policies on different markets (marketplace rules and regulations aside). You customer has a different experience by marketplace. (If there are different answers to the same question by marketplace).
  • 6. Succeeding in your Multi-Channel World Successfully using multi-channels to sell your items requires that you split your focus without giving up your core competency and the path to success requires discipline, knowledge, the right tools for the job and most of all a plan that you stick too. Consistency..Consistency..Consistency..
  • 7. Typical Progression to Multi-Channel • 0% • 100% Sales • 100% Time Social eBay /Marketing Website Amazon • 0% • 0%
  • 8. Typical Progression to Multi-Channel • 0% • 0% Social/ eBay Marketing Website Amazon • 0% • 100% Sales • 100% Time
  • 9. The Typical Next Steps • 0% • 50% Sales • 50% Time Social/ eBay Marketing Website Amazon • 0% • 50% Sales • 50% Time
  • 10. The Typical Next Steps • 20% Sales • 40% Sales • 10% Time • 20% Time Social/ eBay Marketing Website Amazon • 15% Sales • 40% Sales • 50% Time • 20% Time
  • 11. The Outcome…You “could” eliminate Pre-Built Markets • 20% Sales • 10% Sales • 20% Time • 10% Time Social/ eBay Marketing Website Amazon • 50% Sales • 20% Sales • 50% Time • 20% Time
  • 12. The Starting Line Up Merchants typically start with a pre-built marketplace, such as eBay or Amazon. The other marketplaces may require too much effort for a starting seller. Pre-built marketplaces (eBay, Amazon) have a low cost entry point, a large buyer base and 15,000 rules and regulations. Other markets may be emerging, but they take more effort and may not be the best starting arena.
  • 13. The One-Channel Pitfall For someone just starting out, focusing on one market makes sense. There is a pretty large learning curve for beginners and mastering the pre-built marketplaces such as eBay and Amazon can cut initial investment and expenses. Some sellers never get beyond the point of selling on one market despite their desire. The downside in staying in one channel is that you can end up encumbered by the marketplace policies, pay a large portion of your sales in fees, always have your income at risk and give up significant control of your business.
  • 14. Pre-Built Marketplace Risks eBay Amazon – Account is always – Account can be at risk. highly at risk. Suspension is forever. – Can raise fees to an – Can raise fees to an unsustainable level unsustainable level. – Policies frequently – Policies can change change that require that require you to you to remodel your remodel your business business – High risk that Amazon – Competing with Sellers can become your who have a much competitor better deal with eBay
  • 15. The Principle difference between eBay and Amazon eBay is Item based Amazon is product – Seller controls his based description and images – Detail page control is and policies given to the first – Seller is paid directly to merchant to create the his PayPal account item. By some magic algorithm or request from a seller, the details of the product evolve over time. – Seller is paid bi-weekly
  • 16. What about the other Pre-Built Markets Sellers should keep their ears to the ground and their eyes on the prize. Emerging markets, such as Etsy and Bonanza have potential, but require more work and social interaction and with the communities. Investing your time wisely may mean that you forgo these markets until you have the capability of drawing your own customers (email marketing, social connections).
  • 17. Moving to Multi-Channel Selling In order to move into multi-channel selling, merchants need to develop a plan to move into additional channels. Without a detailed plan, it’s easy to end up spinning your wheels and spending time on what seems important, but doesn’t deliver. It is also easy to fall into the “give up” trap. Initially, when you open your own website, for example, you cannot expect hundreds of sales on your first day with no effort. The key to having a good plan is to create your strategy and set realistic goals. Spend time every single day focusing on what drives sales and grows your business.
  • 18. A Typical Multi-Channel Plan Your Own Pre-Built Your Own Social & Markets Website Marketing Facebook Comparison Shopping Engines eBay and/or Twitter Amazon Customer Email Management Marketing
  • 19. Develop your Plan When you begin developing your plan, you’ll want to concentrate your efforts on two areas: Automation and Growth. Whatever you are doing today, look at every avenue available to automate (For example, Vendio, we automate the inventory between eBay, Amazon, your Own Website and Facebook). Look at all the ways you can automate EVERYTHING. Every area that you automate, give you additional time to move to the second step which is GROWTH.
  • 20. Using the Pre-Built Markets - eBay eBay can be an Incubator. You do not owe them loyalty. You are paying for access to the customer base. eBay can be used as lead generation. If at all possible, a seller should capture the buyer as a future customer, either at eBay or on their own website. While you can use eBay forever, it is where you can get your start with little expense and gain the experience needed to expand into more complex markets, such as Amazon or your own website. Use eBay to dispose inventory, one-of-a-kind and less than perfect item (described correctly). Use eBay auctions when you do not know the value of an item.
  • 21. Using the Pre-Built Marketplaces- Amazon Amazon has 2 selling levels. Casual and Professional. Professional seller is $39.99 per month (plus fees). Casual is an $.99 per item (plus fees). Note: Sellers should START at the professional level if they plan on becoming professional in the future. Amazon can be your shipping department. Using FBA, you can eliminate the need for additional headcount or shipping department altogether. No per item listing fee, can be a great testing area for new products. Good Market for refurbished, liquidation items that are like new. Easy listing for catalog items. Attach your items to existing items significantly cuts down listing time.
  • 22. Using your own Web Store Your own web store is where you can begin bringing all your work together. Requires that you are responsible for getting customers. Customer acquisition should be your primary focus after your store is built. Requires that you design, brand and create good unique content. Use your web store to reduce your marketplace dependence and reduce your marketplace fees. Good market for long-tail, seasonal items. Even better for your best sellers. Unencumbered by marketplace rules. However…
  • 23. Customer Acquisition Let’s talk search engines – SEO – “Search engine optimization”. This is making your site search engine friendly. Content is critical. – CSE – Comparison Search Engines. These are feeds you send out. – Paid Search – Paid Search / Ad Campaigns Email Marketing – Should have a list of customers – Should have regular promotions to garner repeat sales Social Marketing – Time permitting or big focus depends upon you.
  • 24. Web Store “No’s - No’s” No logo or branding No contact information No products No Sales No accurate descriptions No Trust No Returns
  • 25. Automate…then Grow Own eBay Amazon Social Website Automate Everything Automate Everything Automate Everything Automate Everything -Manage Inventory -Connect your Store to -Automate Feedback -Cross Market Inventory -Add Listings Facebook -Manage Inventory -Create a Good Design -Create Promotions & -Automate Tweets for -Schedule Listings -Automate CSE Feeds Twitter Sales Grow Grow Grow Grow -Additional Products -Add more SKUs -Develop relationships -Add more SKUs with customers -Develop Customer -Use Third Party -Automate Coupons Relationships -Create a Blog Solutions -Create Email Marketing -Use Third Party Solutions
  • 26. Caution.. When you are planning on expanding into multi-channel, try not to exchange but to grow your channels. – For example, if you are selling $1000.00 per week on eBay and want to move to Amazon, don’t end up with $500.00 of sales on eBay and $500.00 of sales on Amazon. Use every opportunity to grow your business, but temper your time accordingly. Knowing that it will take some effort to build your own website, don’t shut down your existing markets and go full force on your website. To be effective, you’ll need to plan to automate all your processes, plan and execute, and schedule time for growth opportunities.
  • 27. Plan for a Top-Down Strategy…. When you begin selling, or as you move forward from today, begin planning for multi- channel by leveraging any and all work that you do. In the upcoming slides, we will talk about what you can do NOW to prepare for a multi-channel strategy from today forward.
  • 28. Product Titles Think “SEO” when creating your product titles for all your markets. Don’t use “free shipping” or other promotional text in your title. Google Rules: – Promotional or boilerplate text may not be included in your store name and product data. All data needs to be a clear and direct description of the submitted product. Text related to shopping or store policies is not allowed. For example, "Free shipping" is not allowed. Do use keywords related to your product
  • 29. Question: eBay Sellers How many times have you had to revise your descriptions on eBay due to new policies in the past few years? eBay descriptions should not be used to talk about feedback, returns, warnings, negativity in any fashion, nor should they be longer than the Declaration of Independence, which is 1300 words In viewing the changes on eBay over the last few years and reading the writing on the wall – The best bet is to ONLY put product description in your description.
  • 30. Product Description from the Start Think “SEO” when creating your product descriptions. Don’t put anything in a product description that is not related to the product. Google Product search will reject any products. Google Product Search Rules: In order to provide users a high-quality shopping experience, the product data provided to Google needs to accurately describe your items, and has to reflect the current status of the products on your website at all times. We will periodically check your products to ensure the accuracy of your product data. If your product data doesn’t meet our quality standards, your products will be suspended from Google Product Search until the issues have been addressed. In case of repeated violations of our quality standards, your items will be suspended: for at least one week after the second violation at least one month after the third violation After the third violation, we may suspend your items for an extended period of time - potentially indefinitely.
  • 31. eBay Description - Old School YOU ARE BIDDING ON A BRAND NEW 3M SCOTCH BUBBLE MAILERS (25) SIZE 2, 8.5" X 11" BRAND NEW. IT IS BRAND NEW SEALED 3M SCOTCH BUBBLE MAILERS 8.5 81/2 X 11 SIZE 2 - 25 PK I AM A TRUSTED SELLER SO BUY WITH CONFIDENCE THIS RETAILS AT $49.98 PLUS TAX, PLUS SHIPPING, IM SELLING IT FOR LESS THAN 50% OFF ITS RETAIL. I ONLY HAVE ONE LEFT, DON’T BE FOOLED BY THE IMITATORS ON EBAY OR YOU WILL HAVE WASTED YOUR MONEY JUST CHECK MY FEEDBACK I SEND REAL PRODUCT BRAND NEW, BUT AT A DISCOUNTED PRICE SMOKE FREE HOME PLEASE NOTE I HAVE EXTREMELY FAST SHIPPING FEEDBACK. I WILL SHIP BY USPS (ONLY) SAME DAY OR WITHIN 24 HOURS OF RECEIVING FULL PAYMENT. INTERNATIONAL SHIPPING (ALSO BY USPS) IS AVAILABLE TO MOST COUNTRIES ****SIDE NOTE****FOR EVRYONE THERE ARE NO RETURNS I RESERVE THE RIGHT TO REFUSE BIDDERS WITH ZERO OR EXCESSIVE NEGATIVE FEEDBACK, PLEASE ASK ALL QUESTIONS BEFORE MAKING BIDS ONCE THIS IS GONE, IT’S GONE AND YOU WOULD HAVE LOST OUT ON THIS GREAT DEAL IF YOU WOULD LIKE MORE PICTURES OR HAVE ANY OTHER QUESTIONS PLEASE LET ME KNOW BEFORE YOU BID, I WILL ANSWER PROMPTLY, THERE ARE NO RETURNS SOLD AS IS
  • 32. Product Images Amazon Image eBay Image
  • 33. Aim for Consistent Policies A consumer goes to eBay and finds your Wrench for $9.99. He goes to your website and finds the same wrench for $9.99. The consumer purchases the wrench from your website and decides he does not want the wrench. Your policy on your website is no returns. Your policy on eBay is 30 day returns. Your policies should encompass your business not the market where you sell
  • 34. Choosing a Company to Manage Multi-Channel Choosing a company to work with can take some planning. Initially, you’ll want to create a list of requirements. You’ll find that some companies do everything, but are cost prohibitive or some companies do less than you require but are cost effective. Deal Breakers Nice to Have Over $500 per month Predictable Pricing Requires Contract Manages Inventory Multi-Channel Customer Service
  • 35. Business needs determines your selection • Very Expensive Bricks and Mortar • Hire Developer to POS Integrate • Cost Effective Ecommerce Platform • Becomes System of Record
  • 36. Basics to look for: Can the service manage inventory across channels. Does the service have predictable pricing or does it have transaction or success fees. Are there hidden fees, such as bandwidth or storage? Are the fees displayed? Is there a contract? Is there a trial? Do they meet or exceed your list of requirements? Do they provide customer support? List out your feature requirements (reports, image hosting, coupons, etc).
  • 37. Questions? THANKS FOR ATTENDING If you’d like a copy of this presentation or want to attend a webinar on building your own Website - drop off your card or email address. If you have ??? about Vendio or this presentation, please find me or grab my business card and please feel free to contact me after this event!

Hinweis der Redaktion

  1. My business plan is simple.Start selling on eBay, upgrade to an eBay store, get an ecommerce website, start selling on Amazon and then finally optimize my website when I have some money coming in.Since you know a lot more about these things than me, how does my business plan sound and any recommendations?
  2. Stanley Story……
  3. If you come to my talk tomorrow, we will dive into this subject deeper and view some examples of how to write your descriptions.
  4. Only the red is descriptionSmoke Free HomeNo Returns (mentioned twice)Only 1 left (fixed pricemore than 10)Refuse Bidders with zero feedback (or negative feedback)Before you Bid (it’s a fixed price item)
  5. . Amazon requires a white background. eBay does not. If you take all of your images with a blue background, you will never be able to use the images on Amazon. Your best bet is to take all of your images with a white background.
  6. Amazon has 30 day AtoZ, eBay is moving to 30 day. You website should have at least that.