10 Marketplaces Resolutions for the New Year

January 22, 2015

Marketplaces ChannelAdvisor By ChannelAdvisor

As each new year dawns, you’re (hopefully) greeted with a blank slate of possibilities and a renewed sense of purpose for both yourself and your business.

hatsIt’s a time of reflection — on the year that was. But it’s mostly a time for planning for the year that will be. Even if you’ve already made some resolutions for yourself, it’s not too late to make some for your e-commerce business as well.

Here are ten resolutions to consider for making 2015 your most successful year yet on online marketplaces:

  1. Get organized
  2. Try new things
  3. Meet new people
  4. Get a makeover
  5. Travel more
  6. Quit procrastinating
  7. Find balance
  8. Purge your clutter
  9. Be a better host
  10. Master new technology

Below, we’ve detailed a couple of resolutions to help you get a jump start on your marketplaces sales this year.

Purge your clutter. You’ve been staring at that clutter long enough. But don’t just cut your losses and throw it out — get creative with how you move it. There are plenty of options for unloading that excess inventory gathering dust in your warehouse. For starters, if you’re not already doing so, consider storing your products elsewhere. By registering your products for Fulfillment by Amazon (FBA) or Multichannel FBA, the hospitable folks at Amazon will be glad to store your inventory for you. You don’t even have to look at it.

Another option for getting rid of that lingering inventory is to take advantage of the many daily deals on marketplaces. Programs like Sears Deal Heist, Amazon Gold Box, Newegg Shell Shocker and more attract loyal shoppers who check the sites every day, just waiting for a great deal.

So slash those prices, move that inventory and enjoy your newly clutter-free warehouse.

Travel more. If not you, then your products. Many retailers feel skittish at the thought of cross-border trade (CBT). It opens your business up to a new set of logistical challenges, from shipping to language to value-added tax. But you can bypass all of this worry and hassle by using CBT export programs like Amazon FBA Export and eBay’s Global Shipping Program (GSP).

Amazon FBA Export operates just like FBA does for domestic orders. By signing up your products for the program, you allow them to be purchased by international buyers and fulfilled through Amazon’s many fulfillment centers, saving you time, money and stress. EBay’s GSP, which is now available to shoppers in over 60 countries and counting, operates in a similar way. You don’t even have to enroll in the program to get your products eligible. EBay marks your products as eligible and, once they’re purchased, you just send the item to one of eBay’s domestic fulfillment centers. Traveling abroad has never been easier. Save your stress for something else.

 

To see eight more marketplaces resolutions for 2015, download the free doc here.

 

Blog post by Jordan Nowlin, social media and blog manager, ChannelAdvisor