Sorted by Topic: Market Expansion
Is Your Business Ready for eCommerce Integration?
A recent eMarketer report forecasts global retail eCommerce sales to reach $4 trillion by 2020, making up 14.6% of total retail spending that year. That’s a staggering number. As consumers continue to shop online more frequently, retailers are looking to cash in on eCommerce sales.
However, as your eCommerce sales grow, it becomes harder to manage the volume. Growing merchants probably use other systems along with their eCommerce platform to manage their processes.
Are your current systems integrated? If they’re not, check out why your business may be ready for integration and how to do it. (more…)
What is Multichannel ERP Integration?
(This post was originally published on May 16th, 2012. We’ve updated it for accuracy and completeness.)
To sell through multichannel channels, merchants use a number of different systems to manage their business. On the frontend, you might sell through an eCommerce store or marketplaces. On the backend, sellers often use an ERP, CRM, or POS system to manage different aspects of their selling operations.
For most sellers though, their ERP system becomes the heart of their business. It’s the central location where you manage all selling processes. However, not all sellers integrate their ERP to their other systems. Find out what multichannel ERP integration is and how it can help your business. (more…)
How to Sell on Walmart Marketplace
Recently, we wrote about whether or not retailers should sell on Walmart marketplace. Ultimately, the decision is up to you. Walmart may be great for some, but not the right choice for others. However, if you do decide that you want to give Walmart a try, check out this infographic from 8th and Walton to help you get started. (more…)
Why Retailers Should Integrate Their Accounting System
(This post was originally published on October 23rd, 2013. We’ve updated it for accuracy and completeness.)
All merchants deal with the challenge of managing the data that their operations generate. You must pull orders, update item information, update inventory counts, create invoices, and enter payments into your accounting systems.
If you’re quickly growing or sell across multiple channels, then tracking down data takes most of your time and many hands to do. If not managed correctly, manually moving data between systems can be costly and counterproductive. That’s why many merchants turn to integrating their accounting system.
In this article, we’ll talk about the benefits of accounting integration and the best way to approach it.
Should You Sell on Walmart Marketplace?
Today, online sellers have a tough decision on where to sell their products. Whether it’s your webstore platform or marketplace, there are a lot of choices to pick from. When it comes to marketplaces though, Amazon and eBay have always been the top picks.
However, Walmart recently made a slew of changes that allow their marketplace to compete directly with Amazon. Should you sell be selling on Walmart marketplace? Read this article to find out! (more…)