Jet.com may not have made a lot of noise in terms of rating and ranking among other top marketplaces, but it has certainly proven its worth as far as being a healthy addition to multichannel endeavors is concerned. Entities that are still in two minds about Jet.com, here are a few facts about the marketplace that can convince you to join instantly…
Firstly, the growth of Jet.com has been phenomenal in the first year itself. Studies reveal that the growth is about 270 times more than Amazon’s growth in the first year. While these figures are influenced by the present ecommerce landscape, no one can deny the fact that the performance graph of this marketplace is practically unmatched by any others. Jet.com sellers expect the growth rate to multiply by the end of 2020, making awe inspiring profits an easy possibility.
Secondly, according to recent statistics, the average cart value of Jet.com is 1.5 compared to 1.1 in Amazon. This can be owed to the minimum purchase value condition that has been specified by the marketplace; but under all circumstances, it is spelling gains in favor of the sellers.
Thirdly, competition is very less in Jet.com in comparison with other top marketplaces like Amazon and eBay and is likely to remain so for a while. This makes it very easy for Jet.com sellers to gain and maintain visibility for a prolonged period of time.
Fourthly, over 400000 unique visitors approach Jet.com every single month and the figures are rising by the passing weeks. This can be owed to the fact that there are products listed in this marketplace that can be availed at 5% to 15% lesser price than in Amazon which has worked wonders to attract the pennywise crowd. Serious marketing endeavors taken up by the marketplace since the day of its launch has also played a role in attracting a steady stream of customers, most of whom come back for more.
Lastly, integration with this Jet.com marketplace is currently, very easy. Complex integration processes like jet.com Shopify Walmart etc can also be achieved with readymade and often custom designed ecommerce services. There is absolutely no dearth of tools and software solutions that aid integration processes with Walmart.com in favor of sellers of any volume or nature.
The nightmares that were associated with API syncing have also been practically solved overnight all thanks to the easy and affordable assistance offered by top ecommerce solution partners.