Top 4 Ways Retailers Can Differentiate Using Unified Commerce

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With all the disparate shopping channels converging, the time for optimization is now. Omnichannel retail is out and unified commerce is the latest and greatest way to provide a cohesive shopping experience. On one hand, omnichannel was about the existence of multiple selling channels. Since then, many more layers have been added on top. When it comes to unified commerce, all of those selling channels must work together as a single source of truth to help the shopper along the path to purchase.   The race to unified channels…

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Three Secret Weapons for Global Selling on Amazon

Most sellers have dreams of becoming a global powerhouse. That’s part of why you might have gotten into ecommerce in the first place. You want to sell around the world. And the market is ready for your international expansion. International ecommerce sales are set to rise by 22.5% over the next two years after rising 81% in the previous four years. Still, despite the fact that Amazon has a global presence, many sellers on the site struggle to bring in…

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Accepting These Three Harsh Realities Will Increase Your Conversions

I remember starting my first business. I’m using “business” here very liberally. I played guitar in a band when I was fifteen, and I launched my band’s website where we sold CD-R’s burned with our demo recordings. Staring at my WordPress metrics and Paypal account waiting for orders to come in was a little heartbreaking. After a week, the only orders we had were our closest friends and my mom. I assumed success was as easy as putting up my…

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Why Centralized Inventory Management is the Key to Profitability in an Omnichannel World

By Brandon Levey, CEO of Stitch Labs. When it comes to retail profitability, a significant factor that’s often overlooked and under-optimized is inventory management. Your inventory is your greatest asset, but it can easily become one of your biggest liabilities. Annually, retailers lose $1.75 trillion due to overstocks, out-of-stocks, and preventable returns, and the combined impact of these inventory cost drivers typically results in up to 11.7% in lost revenue for individual retailers. That’s an 11% total revenue loss across…

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The Benefits and Challenges of Multichannel Selling

By Megan DeGruttola, Content Strategist at Stitch Labs. As the pace of today’s technology accelerates, the evolution of the retail landscape has also continued to advance. There are more channels to sell on and ways to reach shoppers than ever before, and smart retailers are taking advantage of these new virtual selling platforms. They understand the best way to fuel growth is by adopting a multichannel (or omni-channel) sales and brand strategy. Yet, the more sales channels and technologies you…

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