'Net Features : Buy.com

GoECart Glues Together Fragmented E-Commerce Channels

Amberly Dressler — Mon, 20 May 2013 14:55:00 GMT

Sixty-five percent of shoppers in the U.S. currently shop across at least two channels, while 21 percent of U.S. respondents are using four or five channels to shop, according to a PricewaterhouseCoopers report. What does this mean for retailers?

It means online merchants must find e-commerce solutions that meet the demands of the increasingly sophisticated online shopper. In fact, PwC reports that 72 percent of the consumers surveyed consider themselves to be either confident or experts in researching and purchasing online.

“Online merchants face massive competition today, and most of them are feeling stranded by multiple e-commerce systems and technologies,” said GoECart’s founder and CEO Manish Chowdhary. “But, there is a better way.”

GoECart, which provides integrated, on-demand e-commerce solutions, thinks its the solution to streamline processes. This is because GoECart helps clients sell across multiple channels, manage and fulfill inventory across multiple warehouses and process tens of thousands of orders each month without skipping a beat, like it recently did for GameQuestDirect.

GameQuestDirect offers a vast selection of new and rare video games online with more than 10,000 titles for all leading game consoles. In addition to selling via its own website, the company sells its products through 15-plus online marketplaces including Amazon.com, eBay and Buy.com.

Previously to leverage GoECart, GameQuestDirect used three systems to run its multi-channel retail operation: a standalone ecommerce solution, an independent order management system (OMS) and a separate shipping software. Since switching to GoECart, GameQuestDirect has lowered its costs by 60 percent, while increasing order volume by 40 percent.

Zoovy Adds Two New E-commerce Marketplaces

Linc Wonham — Fri, 18 Mar 2011 01:00:00 GMT

To support two of the hottest marketplaces for online retailers, e-commerce platform Zoovy has announced new integrations with Buy.com and Sears.com.

Buy.com reported a 146-percent year-over-year sales growth for its marketplace in 2010, and Sears.com features millions of products suited for merchants seeking to sell clothing and shoes, bags and luggage, electronics, health and beauty products and more.

Merchants can create accounts and upload their products directly onto Buy.com and Sears.com and configure them through Zoovy’s platform. Product information can be exported directly from the platform and Zoovy automatically updates inventory, imports orders, sends tracking information and fulfills orders for the marketplace.

Japanese E-Commerce Giant Gaining Ground in U.S.

Linc Wonham — Wed, 26 May 2010 14:30:00 GMT

Forget about Facebook for the time being. When it comes to aspirations of world domination on the Web, the company to watch is Japanese e-commerce giant Rakuten Inc. The largest and most successful e-commerce company in Japan announced its acquisition of California-based Buy.com last week, along with its goal “to become the number one e-commerce and Internet company in the world,” according to CEO Hiroshi Mikitani.

With a unique approach to e-commerce, a partnership with Chinese search giant Baidu, and now a growing presence in the U.S., Rakuten is a company of note for Web watchers. In addition to its $250 million agreement to purchase Buy.com, Rakuten’s U.S. interests also include affiliate marketing network Linkshare, which it bought in 2005.

Rakuten’s e-commerce model has a distinctly Japanese flavor, which it plans to inject into Buy.com while retaining most or all of its U.S. employees. The approach is one that fuses shopping with entertainment and emphasizes a more featured role from merchants than we see in other parts of the world.

“If we can convert it into what we do here in Japan, then it is going to be a lot more powerful,” Mikitani said. “We believe that we have a very different business model from Amazon and eBay. We empower the merchants.”

Make sure that Rakuten is on your radar if it's not already.