Transcript
Page 1: External Marketplaces and how they fit into an Online Strategy

EXTERNAL MARKETPLACESAND EFFECTIVE ONLINE STRATEGY

October 2, 2014

Page 2: External Marketplaces and how they fit into an Online Strategy

EVOLUTION OF MARKETPLACES

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WHY MARKETPLACES?

• High traffic = exposing your inventory to more buyers

– Virtual equivalent to a bricks & mortar location in a mall or shopping district

– For example, eBay.ca boasts ~8M unique visitors each month.

• New customer acquisition

– On eBay, businesses in N. America report 70-90% of sales are new customers

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OPTIONS TO MEET YOUR OBJECTIVES

• Join Marketplaces that showcase opportunities to achieve your business goals:

– Increased sales

– Grow your customer base

• Branded/Non-Branded presence

– Drop-shipping

– Marketplace customer-type

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MARKETPLACES STRATEGY

• Business Objectives drive inventory selection

– Inventory liquidation / Clearance

– Growing brand awareness

– Customer acquisition

– Overall increased sales

• Business Needs

– Is your presence on the marketplace branded or unbranded?

• Does that have material impact on your customer?

– What levers exist on the marketplace to introduce your brand to new customers?

• And/or remain consistent with existing customers

– How does your presence on marketplaces fit into an Omni-channel experience?

• In-store returns?

• BOPIS?

– What are the mobile capabilities?

– What is the pricing structure & cost of entry?

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EBAY CASE STUDY: STAPLES CANADA

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EBAY CASE STUDY: BEST-TECH-DEALZ

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EBAY CASE STUDY: LOWES CANADA

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QUESTIONS

Kevin A. Wolfley

Manager, Merchant Strategy

eBay Canada

[email protected]

(416) 969-2299

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