Foxintelligence’s Post

Unlock the Power of Dynamic Pricing in E-Commerce! 🚀 As e-commerce continues to evolve, so does the need for dynamic pricing. With consumer spending on the rise and the online market share expanding, two critical developments have emerged: increased price transparency and more frequent price changes. 📈 🔍 Price Transparency: Today’s savvy shoppers are more likely than ever to compare prices before making a purchase. A small price difference of just 5%-10% can make or break a sale in the highly elastic consumer electronics market.  🔁 Frequent Price Changes: The demand for real-time price matching has skyrocketed, making traditional pricing models obsolete. Retailers are now leveraging dynamic pricing software to stay competitive and maximize sales. Ready to dive deeper into how dynamic pricing can revolutionize your business? Click the link below to read our latest blog and discover how you can harness the power of data to boost your sales and optimize your product assortment! https://lnkd.in/gPSwxHGM #dynamicpricing #ecommerce #pricingstrategies

Marketplace and dropship growth continues to outperform the eCommerce growth rate, but why? Here’s what I learned after reading Mirakl’s latest report: - Consumers are moving from “The everything store” (i.e. Amazon) to specialized marketplaces - with 70% preferring to shop on specialized marketplaces - High quality brands like Balmain are flocking to sell on marketplaces to expand their customer base and go beyond traditional wholesale agreements - AI-powered retail media is changing the game for both advertisers AND publishers alike, with higher ROAS for advertisers and the highest profitability rate for publishers With profitability top of mind for all retailers, this is a must read: https://lnkd.in/dMbp_RDw

What is a marketplace in e-commerce? A marketplace is a setting that offers several opportunities for both buyers and sellers. A marketplace platform provides practically everything. Instead of presenting their products independently at their various locations, many suppliers are making them available to customers on a common platform, and the marketplace is responsible for managing everything from store administration to customer service to delivery. This blog tells us step-by-step how to register for the online marketplace. To read more click the link below; https://lnkd.in/dWqpy8PU #primespot #marketplace

The share of US retail ecommerce sales taking place on marketplaces continues to expand and EMARKETER forecasts that it will reach nearly 40% by 2028. As more brands and retailers explore how to leverage the power of marketplaces, they must understand consumer expectations and the complex and evolving dynamics of marketplace operations. My latest report, "The Marketplace Opportunity," is a concise deck that covers our relevant forecasts, the key priorities for businesses and marketplace consumers, and strategies for brands and retailers to get the most out of their investments in the channel. Subscribers can read the full report via the link in the comments. #marketplaces #ecommerce

In this month’s perspective, we uncover what South African online retailers need to do to remain competitive amidst Amazon’s impending arrival in the local market. Ultimately, eCommerce stores must take a closer look at the experiences they’re offering their customers, finding new and innovative ways to enhance their value contribution at various digital touchpoints. Learn more and read the full article here / https://bit.ly/3UxTByM #creativethinking #ecommerce #ecommercemarketing #digitalmarketing #onlineretail

Sector disruptions continue in the e-commerce space, prompting companies to adapt their business playbooks. Consumers reevaluating purchasing decisions and prioritizing value-driven marketplaces, a continued focus on sustainable inventory levels, and expansions in retail/brick and mortar are among the current trends impacting the market. Our Q3 brief discusses these trends and other M&A insights, including public company growth trends and web traffic analytics.

[Infographic] State of the Marketplace Model in Europe 🌍 The marketplace model has been on a steady rise since 2022, and it’s transforming online retail in Western Europe! 📊 The 3P marketplace model now makes up between 30% and 45% of online sales by value. Check out the infographic below to learn more about the key trends in this evolving landscape. 👇 #MarketplaceModel #Ecommerce #OnlineRetail #Amazon #RetailTrends #Foxintelligence

Sector disruptions continue in the e-commerce space, prompting companies to adapt their business playbooks. Consumers reevaluating purchasing decisions and prioritizing value-driven marketplaces, a continued focus on sustainable inventory levels, and expansions in retail/brick and mortar are among the current trends impacting the market. Our Q3 brief discusses these trends and other M&A insights, including public company growth trends and web traffic analytics.

How to stay ahead in the e-commerce business when every product is offered by multiple sellers across diverse markets and platforms? 📊 The key to success is having comprehensive data on your competitors' actions - not just prices, but a full list of offers for each product. This gives you a complete market overview and allows you to optimize your pricing strategy and product assortment. But, collecting these data manually is impossible. You should think about the trusted data provider. 🔍 A good competitor monitoring tool enables you to analyze data from any website, marketplace, or price comparison site. This provides insights into competitors' actions on platforms like Allegro, Amazon, Idealo, Google Shopping, and many others. 💡 It should go beyond just tracking the lowest prices - you should access a full market overview. Additionally, it's crucial to consider that if you want to monitor an entire portfolio, such as 1 million products, this should be feasible without limitations. This allows you not only to react appropriately to changes, but also to make strategic decisions that translate into real profits. The challenge is maintaining a competitive edge while handling thousands of data from all the markets you operate on. A good competitor monitoring tool is not just about tracking prices, but a strategic support for your business. How do you handle data from all the markets you’re on? #eCommerceStrategy #MarketAnalysis #PriceMonitoring

10 Reasons Why Retail Business Should be Selling on Online Marketplaces 🌐 Imagine having your products in front of millions of potential customers, all eager to discover what you have to offer. Online marketplaces aren't just a "nice-to-have" anymore; they're a game-changer for retail businesses. Here’s why: 1️⃣ Expanded Reach 2️⃣ Increased Visibility 3️⃣ Customer Trust 4️⃣ Reduced Marketing Costs 5️⃣ Operational Efficiency 6️⃣ Access to Data and Analytics 7️⃣ Global Reach 8️⃣ Facilitated Transactions 9️⃣ Customer Feedback and Reviews 🔟 Adaptability and Innovation Expanding your retail business through online marketplaces is a strategic move with numerous benefits. It broadens your reach, boosts visibility, and fosters trust among customers. With streamlined operations, global access, and valuable insights from data and reviews, these platforms set the stage for your business to adapt, innovate, and flourish in a dynamic market. Can I sell through different marketplaces simultaneously? Of course! TFE can help you with that! #Retail #E-commerce #MarketplaceSelling #thefutureofecommerce #TFE