ChannelFusion Profit from Online Expansion Companies hoping to experience continued growth find the most effective way is to add new, complementary sales channels. These channels must provide more than incremental sales and work with existing systems currently supporting primary sales channels. It s proven that providing additional sales channels for customers is a cost-effective way to increase customer loyalty and sales.
Dynamic marketplaces are a logical extension of existing sales channels.
For companies just entering the online arena, dynamic marketplaces are a low-risk, inexpensive option. Companies with an online presence can use these e-marketplaces to augment existing online sales. E-marketplaces attract millions of buyers seeking a broad range of products ranging from consumer electronics to business equipment and machinery. By working this channel in tandem with other channels, you can acquire new customers as well as increase sales. PhoneThings, a ChannelFusion customer, experienced sales prices above the threshold price on each item sold through auction.