3 Very Simple Ways Your Local Business Can Compete With Online Sellers
smallbiztrends | August 14, 2018
Are you worried your local retail business can’t compete with online e-commerce businesses? While e-commerce isn’t going anywhere, brick-and-mortar retail is far from dead. Smart retailers will accept that each type of selling has its pros and cons, and each can benefit them in different ways. A new study from Netsertive has some interesting insights into where retail is going and how businesses can stay competitive. For example, almost half of consumers always turn to a local store when they need a product within 2 or 3 days, according to the 2018 Consumer Shopping Trends Survey. 1–Cover all your bases. Although 43% of consumers always visit local stores when they need products in a hurry, 29.1% turn to Amazon, and 27.8% use both Amazon and local retailers. And while 60% of respondents say they have shopped at a smaller local store in the past six months, 30% say they only shop online. Selling products online as well as in your physical store can offer you a way to enjoy the best of both worlds.