2017 was an amazing year for wholesalers, with statista predicting that the global B2B eCommerce market is worth "US$7.7 trillion and that the B2B business is now dwarfing that of the B2C business". The buying trends of consumers and businesses are constantly shifting so retailers and wholesalers must find new and creative ways to stay on top of these changes in 2018.
With this in mind, we recently hosted a webinar where we highlighted our top 5 trends in wholesale distribution, so that you can stay ahead of the curve and take advantage of this continually growing B2B market.
Read our eBook to learn more about the key trends wholesale distributors should look to adopt in 2018.
Yi-Wei Ang, who is TradeGecko’s Director of Product, first takes a step back to recap on the key trends he observed in 2017, and then discusses the key trends that will impact the wholesale distribution industry in 2018.
5 trends in wholesale distribution for 2018:
Optimizing your customer experience through omnichannel sales
Growing an integrated commerce ecosystem
Expanding into global market places
Inventory and order management transparency
Automation tools to eliminate repetitive, manual work
Our guest speaker Shirley Lee, who is a TradeGecko customer and the General Manager of Innova Distribution, discussed some key learnings and challenges Innova Distribution faced in 2017 and how they overcame them. She also discussed which of the 5 trends will affect Innova Distribution and what their focuses are for 2018.
Adapting to the latest trends in wholesale distribution is vital to a business’s success in 2018. With a lens on these trends and ensuring you have the right technology in place, 2018 should prove to be a great year ahead. TradeGecko’s order and inventory management software enables businesses to succeed by giving them visibility and effortless control over stock, orders, and customers all in the one place.
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