8 Ways for Online Retailers to Make More Money This Holiday Season
Leading analysts like Forrester and Deloitte predict that online retail sales in both November and December will increase double-digits year-over-year. This might come at a steep price for smaller retailers however because of increased competition among merchants in the form of aggressive discounting, free shipping and other promotional offers. With holiday sales accounting for as much as 30 percent of total annual revenue for some businesses, it's time for e-commerce merchants to up their game.
- Companies:
- Amazon.com
- People:
- Deloitte
Manish Chowdhary is the founder and CEO of Cahoot, a peer-to-peer order fulfillment network where merchants collaborate to increase their sales and margins by offering profitable one-day and two-day free shipping to customers nationwide without spending a penny more than the economical ground shipping.
Manish is an innovator, thought leader, and a highly sought after speaker for all facets of e-commerce. Manish has founded multiple industry-leading companies starting from his dorm room at the University of Bridgeport, CT. Manish’s specialties include e-commerce strategy, business methods innovation, supply chain and logistics optimization, and he holds 10 U.S. patents. He has been featured in The New York Times, Internet Retailer, and many other leading publications. Manish’s mission in life is to positively impact millions of lives through technology and leave the planet in a better state than when he arrived.
Manish is a 40 Under 40 Competition Winner and holds an Honorary Doctorate, the highest honor from his alma mater, University of Bridgeport, CT.
