E-commerce brands can achieve 10x growth if they move to a marketplace model and implement proven e-commerce strategies.
That’s according to a new white paper published by Luzern, a platform that helps brands accelerate-commerce business and meet buyers where they like to shop – on Amazon and other leading marketplaces, on branded online stores and social media.
With millions of e-commerce sites across the world, and online shopping continuing its upward trajectory, the battle to attract, acquire, and retain customers has never been fiercer. However, among those millions of sites is a massive reservoir of opportunity just waiting to be tapped.
While it may be relatively easy to set up an online store, brands encounter challenges when it comes to developing and managing an e-commerce site that can consistently drive sales, achieve high customer return rates, and deliver a profit.
The whitepaper explains how to make the most of the online marketplace revolution and shares real-world customer examples of what works when developing a modern marketplace presence including:
- Adapting to changing customer demands
- Using resources and budget to achieve digital transformation
- Building brand trust
- Expanding into international market.
- Having the right people and partnerships in place… and more
The paper also features real world success stories of companies that have used marketplaces to their advantage to realise benefits such as increasing revenue from marketing by 500%, achieving a 300% increase in return on advertising spend, expanding their Amazon portfolio by 22%, and growing profits by 25%.
Click to download your own copy of How e-Commerce Brands Can Achieve 10x Growth With Marketplaces & Market Expansion.
