Consider international holidays and festivals for improved online selling!!!

Online selling is advantageous if taken seriously and when taken cross border rather than restricting to a particular place or particular area in a country. There are many websites/E-commerce market places like amazon.com, EBay.com and Facebook which can be used to expand the business in an international level. As these E-market places are accessed over many countries and allow customers to use many international currencies, these websites can help online sellers to expand their business internationally.

Online sellers when considering to expand internationally, should also consider the international holidays, festivals in many countries, major festivals in most of the countries, and try to provide deals during these events and try to sell the products which are most used in those countries.

Some of the international festivals which are well celebrated in their countries are Chinese New year which is celebrated in a grand way in China, Lantern festival in China, Valentine's Day in Brazil, Women's Day which was started in Russia. Some festivals and events are well celebrated in some countries and gifts are exchanged. If these festivals and events are targeted, there will be a hike in online selling graph. This needs a lot of research and time should be spent to find out the special events and festivals in many countries, the type of gifts they like to exchange and preparations should be started well before like announcing deals atleast a month before, altering the products in a minor way or if possible trying to make the products which suit the taste of people in particular countries. Targeting the buyers based on age, gender also plays an important role to take the online selling to an international level.

Celebrate Online Selling by choosing SELLinALL to list/ post products in major E-market places like Amazon, Ebay, Facebook, Etsy, Shopify, Lazada groups etc. Online selling is a celebration by choosing SELLinALL as it has an integrated environment with many major E-marketplaces and makes the job of online selling a one click process with its sophisticated features and user friendly integrated environment.

5 Major challenges faced by e-Commerce sellers and ways to overcome it!

Based on a report by Google and Temasek Holdings, Southeast Asia’s (SEA) digital market could exceed US$200 billion before 2025. Southeast Asia’s digital economy is forecast to triple its size in the next 5 years. Read more on the challenges faced as a seller in the E-commerce marketplace, to help you decipher and be part of this immensely growing economy. E-commerce stores are on the rise due to a numerous reasons. As far as market association is concerned, E-commerce sites already have an existing network of buyers. So, selling your products becomes relatively easy as branding and advertising is already taken care of.As Sigmund Freud 's had rightly said “ I carefully consider my decisions as everything comes with pros and cons! ” Marketplace Management When it comes to South-East Asian E-commerce market, the most underestimated struggle is Fragmentation i.e. there are a number of e-commerce platforms in ASEAN countries attracting significant traffic, making

What you need to know about Gross Merchandise Value

Gross Merchandise Value (GMV) is defined as the gross sales revenue generated over a period of time by an e-commerce platform before any deduction for fees or commission . It is used to track the growth rate of an e-commerce business since it measures the value of the total merchandise that has been sold through the site for a specific time period, quarterly, bi-annually, or annually. Gross Merchandise Value = Number of Goods sold x Price of goods sold This metric is useful for e-commerce businesses that buy and store the merchandise from suppliers and delivers to customers when purchases are made. However, it cannot be used as a standalone metric for all online retail platforms. For e-commerce sites that operate as a Customer-to-Customer (C2C) business, they do not physically manage the goods. The total commissions generated and accrued expenses, such as delivery fees, advertising, return expenses incurred are more important to track for this business model. This is also known as Gro

Buy Online, Pickup in Store

A National Retail Federation study on Consumer Views in late October 2019 revealed that70% of the survey participants would pay for a Buy-online, pick-up-in-store service (BOPIS). BOPIS has emerged as a convenient option not only for consumers but retailers that invested in brick-and-mortar stores. Growth in online retail sales was overtaking traditional brick-and-mortar retail before the pandemic and BOPIS was being adopted by top retailers. With the onset of the pandemic in 2020, a Digital Commerce 360 survey in late 2020 showed results that 43.7% of the top 500 retailers with physical stores were offering BOPIS — up from 6.9% before the pandemic started. BOPIS, also known as click-and-collect or curbside- pickup provides a safe, contact-free way to shop online and pick up the ordered items. In order to implement BOPIS, a retailer needs to implement the following tools: 1) A website or app where customers can shop and place orders for the products online 2) A brick-and-mortar locatio