Small Online Retailers Can Compete with the Big Guys

Even though E-commerce via the Web has become very popular for the “big guys,” there still remain many opportunities for smaller firms.
As Julie Neumann reports for Bigcommerce, an E-commerce platform serving 50,000 stores in over 65 countries:
“If you want to build a small- to medium-sized business that can stand up to the big-box retailers, where is the best place to start? If you want to pivot your store to a more successful vertical, what should you sell? We studied data from our 50,000 stores to identify which categories are growing and dominating the competition online. One bonus insight before you get to the infographic — the worst industry to be in is ‘unknown.’ Commit to what you want to do before you get started and you’ll be ahead of the game.”
Click on the infographic to access a larger version from Bigcommerce.


 

This entry was posted in Global Retailing, Online Retailing, Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Part 8: Putting It All Together and tagged , , , , , , , , , . Bookmark the permalink.

One Response to Small Online Retailers Can Compete with the Big Guys

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