Tag: online sales

Online Grocery Segment Is Hot, Are You Monitoring Your Competition?
Business

Online Grocery Segment Is Hot, Are You Monitoring Your Competition?

Online grocery sales have gone through the roof in this current situation, as have other categories. New leaders in conventional retail are emerging, and the competition is increasing. Now is the time to monitor your competitors’ online sales.   Traditional retail giants such as Aldi, Costco, Kroger, Target, Walmart, Whole Foods and even others are heavily investing in online platforms to compete with the likes of Amazon.  Business Insider estimates that the current online grocery segment will grow from an estimated $51.4 million in 2020, to a whopping $117 million by 2023. Therefore, this is the segment to watch, monitor and invest in.  The segment is driven by some key benchmarks like price comparisons, shipment costs, customer reviews, advertising spend and ...
Online Sales: What You Must Do Before Anyone Clicks ‘Buy’
Technology

Online Sales: What You Must Do Before Anyone Clicks ‘Buy’

It’s really easy to get an online presence and get to the point where people can pay for your goods. It’s usually a case of setting up a website and adding eCommerce elements to it, followed by social media promotion. You can’t just do that and expect your business to automate the process, however. Once they’ve clicked the ‘buy’ button, everything is in your hands. This is what you need to do. Platform The first thing on your mind should be the type of platform you want to sell your products with. For example, you could take advantage of eBay and Amazon’s services. Many businesses choose to do this, as it bypasses the need to develop a brand-new system. However, the downside is that you’re playing by their rules. They set the payments you’ll need to pay, and you can’t do a thing abo...