Wholesale Ecommerce Trends: Study Reveals Must-have Data for 2022

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kamrul011
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Wholesale Ecommerce Trends: Study Reveals Must-have Data for 2022

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Benjamin Franklin once said, "Out of adversity comes great opportunity". The pandemic has sparked a frenzy of distributors exploring e-commerce and marketplace options to increase revenue and expand their customer base. Amid the uncertainty of the past two years, many companies thought they didn't have the time or resources to add these features, but wholesale e-commerce trends and data tell a different story. Whether the pandemic subsides or persists, e-commerce remains a table stake for all distributors. Wholesale eCommerce Trends: Key Survey Findings Modern Distribution Management (MDM) has partnered with SAP and Mirakl for a comprehensive examination of how distributors perceive digital sales channels, resulting in an eye-opening report.

Here are some of the key takeaways regarding online wholesale: Retailers still have a long way to go before reaching e-commerce maturity, but there is progress in the right direction The percentage of revenue generated by e-commerce is significant and continues to grow year after year The percentage of distributors reporting little revenue from e-commerce drops significantly Many retailers are considering investing in their online store, especially to improve search capabilities The pandemic has resulted in significant revenue growth for distributors who already had an e-commerce strategy Increasing efficiency, productivity and brand awareness are key e-commerce goals for retailers Cumulative result of the study: Distributors who had an e-commerce presence before the pandemic saw their online revenues increase significantly. Having a Phone Number List wholesale e-commerce platform already established helped these organizations thrive during the early days of the pandemic — and beyond.

This trend is unlikely to reverse, making it imperative for retailers to have a solid e-commerce strategy. Those who do will fare better with customer satisfaction, reduce operational costs, and gain a competitive advantage. Distributors who continue to prioritize e-commerce have and will continue to emerge as leaders in the space. How B2B industries rose to COVID challenges and won Business to Business-COVID_1200x375 Learn how B2B industries like manufacturing and high tech have transformed during the pandemic. Manufacturers have achieved an important achievement: your shopping experience should be simple, even if your products are not. This is a valuable asset for every industry. B2B marketplaces are gaining popularity with distributors During the process of surveying distributors, we learned that some companies are making progress in their e-commerce capabilities, but many are still in their infancy. And when it comes to marketplaces, some distributors have created their own marketplace or are still exploring it, but industry-wide adoption has yet to be embraced.
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