Amazon & The Future of Retail

You have probably heard that traditional retailers are in trouble given the recent change in buying habits. Mobile checkouts, one-stop shops with a variety of products and brands, as well as one, two and same-day delivery options, location-based pickup, and subscription-based ordering are all the hype.

With all this change, very few have mastered the trend that is the future of retail. The powerhouse we all know as Amazon has done an amazing job leading the way. Offering various products and services, Amazon  has taken online shopping to a new level.

There are plenty of reasons as to why Amazon is heading the future of shopping, but before we go any further… Pay attention to their following facts:

1. 45,000 robots roam the floors of Amazon’s warehouses

2. Amazon ships 1.6 million packages a day

3. Currently, Amazon controls 43% of all online sales in the marketplace

4. 71% of shoppers believe they will get a better deal online than in stores

5. 1 out of every 4 US adults has Amazon Prime

6. Amazon’s $356 billion valuation is so big; it’s larger than Wal-Mart, Target, Best Buy, Macy’s, Kohl’s, JCPenney, and Sears combined

In reality, the future of retail is transitioning to bring shoppers & companies efficient & timely delivered products. For example, take us. A growing startup consistently busy to the point on demand products have become a necessity. Just yesterday, in 20 minutes we were able to order two laptop holders, a dual screen holder and even order our lunch with Amazon restaurants not to mention all with same day delivery.

The questions is no longer “where did you get that” “how far away is that.” On corporate and college campuses. It’s not uncommon to hear “what words did you search?”, “was that same day or two-day shipping?”

Outside of the blatant facts. There are various reason why Amazon has mastered the future of shopping. Last minute items such as baby toys, clothing, prom and suit accessories or hard to find items such as boat fenders and 3.1mm aux cords can all be found on their platform.

While searching for your miscellaneous products; why not also grab your groceries and kitchen supplies? Overall, 80% shoppers prefer platforms and locations that offer a variety of products and brands.

Most companies are aware of all these trendy facts, yet haven’t started the Amazon process. Overall, most brands are being sold on Amazon as we speak and if not brands,  there are similar products. Although, we won’t decipher what to do when another seller is selling your products. I assure you, that will be a future topic. So, what can you as a business owner or a corporate executive do to jumpstart the Amazon process? Well, Our next blog will cover the five main things you need to do before selling on Amazon. However, the answer is quite simple. Just. Do it.

Similar to traditional store management you are going to need a team and a corporate manager. With our current clients. Typically their corporate manger is their internet manager or marketing coordinator.

 Some of the major issue companies run into is the overwhelming demand it takes to run a store. Again, similar traditional retail and depending on the size of your Amazon assortment. It is best to have a team of 2 – 4 members, which will ensure your account is properly serviced. Unfortunately, not all companies have the allocated funds and resources to hire and train 2 – 4 people who can manage an Amazon store with the needed skills, but that’s where ASDAL can be an excellent choice. Often, clients reach out to us for a transition phrase or complete channel direction.  

If you are preparing for the future of retail and have any question regarding Amazon sales. Reach out to us and we can simplify the process.

Most companies are aware of all these trendy facts, yet haven’t started the Amazon process. Overall, most brands are being sold on Amazon as we speak and if not brands,  there are similar products. Although, we won’t decipher what to do when another seller is selling your products. I assure you, that will be a future topic. So, what can you as a business owner or a corporate executive do to jumpstart the Amazon process? Well, Our next blog will cover the five main things you need to do before selling on Amazon. However, the answer is quite simple. Just. Do it.

Similar to traditional store management you are going to need a team and a corporate manager. With our current clients. Typically their corporate manger is their internet manager or marketing coordinator.

Some of the major issue companies run into is the overwhelming demand it takes to run a store. Again, similar traditional retail and depending on the size of your Amazon assortment. It is best to have a team of 2 – 4 members, which will ensure your account is properly serviced. Unfortunately, not all companies have the allocated funds and resources to hire and train 2 – 4 people who can manage an Amazon store with the needed skills, but that’s where ASDAL can be an excellent choice. Often, clients reach out to us for a transition phrase or complete channel direction.  

If you are preparing for the future of retail and have any question regarding Amazon sales. Reach out to us and we can simplify the process.

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