using tools to automate and grow your online business
TRANSCRIPT
Using Tools to Automate and Grow your Online
Business Will Bowes – Linnworks
Introduction
Will BowesMarketing Manager at Linnworks
An online tool used by over 4,000 online sellers everyday to manage and streamline their
businesses.
“I'm too busy to grow my business” “I would love to
expand to that market, but I don’t
have time”“That is only for bigger
companies”
Who works more than 40 hours a week?
“Workplace research on productivity started back in the early 1900’s. Five decades of results proved, beyond a doubt, that
maximum productivity occurs atno more than 40 hours a week and eight hours a day.”
Today: • What is a tool?• Setting goals • Researching tools • Key takeaways
• An online piece of software or application that benefits your business by allowing you to run your processes in a more effective way
• Helps you solve a challenge or fix an opportunity
• Saves you time and/or money
What is a tool?
Tools for online sellers include…• Listing & Repricing • Inventory and Order Management • Trend Prediction • Business Analytics • Accounting & Finance • Staff & Payroll • Social Media • Customer service • And pretty much anything else you can think of…
Opportunities vs Challenges
Most people use tools to fix problems, butwhat about using tools to maximise
opportunities?
Most common answers • Need to save time • Increase sales/marketing • Reduce expensive mistakes • Selling overseas • Managing inefficient processes • Dealing with disappointed customers
What is the biggest challenge/opportunity that your
business faces right now?
Finding the right tool for you
What do you want the tool to achieve?Create a requirements checklist• What do you need to achieve?• What sort of business do you want to work with?• Out-of-the-box vs Custom?
Set yourself a budget• How much can you afford?• Contract terms• Investigate ROI
Researching tools
Ask the online selling community
Review Sites
Online Forums
Online Selling Directories
Free Trials
Researching tools
Ask the online selling community
Review Sites
Online Forums
Online Selling Directories
Free Trials
Creating your own tool
• Built to specification • Suited to your
needs• Complete control• Competitive
advantage
• Lack of support• High cost• Distraction • Unreliable
developers • Changes in the
industry (API changes, listing requirements)
Pros Cons
Picking the right tool • Does it fulfil your criteria?
• Is it scalable with your business?
• Does it fit with your future plans?
Key Takeaways • Define your requirements
• Do your research
• Test the solution
• Is it future-proof?
Useful Links • Tamebay Guide – www.tamebay.com/tamebayguide
• Web Retailer – www.webretailer.com
• Trustpilot – www.trustpilot.com
• eCommerce Stack – www.ecommerce-stack.com
Thank you for listening For more information:• www.linnworks.com• Blog.Linnworks.com• @Marketing_Will