Small Businesses Benefit From Selling Through Amazon, Etsy, or eBay in Addition to Online Stores
New survey finds most online shoppers want to purchase from big name marketplaces such as Amazon, Etsy, or eBay. Small businesses can benefit from selling on these platforms.
WASHINGTON, Sept. 27, 2017 /PRNewswire/ -- Nearly 70% of online shoppers prefer to purchase through Amazon, Etsy, eBay or other online marketplaces, and small business owners may reap big benefits by selling through these marketplaces in addition to their online stores, a new survey suggests. Comparing products and finding the best deal is the main motivation for using an online marketplace for nearly 60% of online shoppers. The findings come from Clutch, a leading research and reviews platform for business services.
For small business owners with online stores, marketplaces like Amazon might seem like a threat to sales. In reality, selling on both an e-commerce website and an online platform can be a winning strategy.
"It was clear that we needed to sell on Amazon," said Daniel Mullaly, Chief Technology Officer of Lewis Bamboo, which distributes bamboo to over 15,000 locations. "Since then, it has doubled our business."
Despite the prevalence of online marketplaces like Amazon and eBay, small business retail websites continue to play an important role in the e-commerce landscape. They serve as a company's online hub, solidify branding, and build valuable customer loyalty.
For small businesses that switch to a multi-channel selling strategy that combines selling through an online marketplace and their website, staying on top of orders from multiple sources can present a challenge. To manage this, some businesses' website builders have back-end features that collect and organize orders from multiple sources.
BigCommerce, a leading website builder specializing in e-commerce, is equipped with back-end features that allow merchants to set and track promotions and discounts such as buy-one-get-one offers and free shipping.
"These seem like fairly mundane features, but it's very hard to find e-commerce platforms that have robust promos and discount features," said Leo Castro, Vice President of Marketing at BigCommerce.
Above all, online shoppers prioritize saving money and time. One-third (33%) of shoppers prefer the convenience of shopping online compared to brick and mortar stores, while 37% cited discounts or coupons as the prime attraction to purchase through a small business website.
The survey suggests that as Amazon and other online marketplaces continue to shape online shoppers' expectations and desires, small businesses will increasingly need a multi-channel approach to drive sales.
Review the complete report and source the survey data: https://clutch.co/website-builders/resources/how-to-engage-online-shoppers-2017-survey.
For the raw data, a comment on the findings, or an introduction to the industry experts featured in the report, contact Michelle Delgado at [email protected].
About Clutch
A B2B ratings and reviews firm in the heart of Washington, DC, Clutch connects you with the agencies and software solutions that help enhance your business and meet your goals. Our methodology maps agencies and software solutions based on customer reviews, the type of services offered, and quality of work.
Contact
Michelle Delgado
[email protected]
(202) 869-3866
SOURCE Clutch
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