Amazon’s B2B Growth Projected at 115%?
/CNBC published a story in December that had some pretty startling numbers. We know that Amazon is growing like crazy, but their retail growth, over three years, is projected at 28%. Their web services are projected to grow even faster at 48%. What really is amazing is that the prognosticators (those guys who do this for a living) are saying the B2B division of Amazon will grow an astonishing 115% over the next three years. That's a huge number, but why should you, a gas distributor, care? That growth will be partially at the expense of distributors just like you.
Amazon wants the same customer that you sell to every day. The guy who buys gloves, helmets, welding tips and all the other things sold to your customers. Here's a test for you, using Google, search welding gloves and see where Amazon shows up. They're right there on the first page with Home Depot, along with a dozen other big players, and they're all targeting your customers.
The article went on to say Amazon’s B2B division will exceed $1 billion in revenue in the next three years. You may not care if your spouse is ordering from Amazon, but what happens when your best customers start buying tips, helmets, and gloves from Amazon?
We hear all the time from distributors “My customers don’t want to buy online”. Amazon is proof that those customers do want to buy online. If they didn't, Amazon wouldn't be experiencing such wild growth.
How do you compete? It's simple, give us a call. DataWeld has everything needed to have your company up and running with its own Amazon-like store in no time. We can create the store, help market to your customers, put inventory on the store, and even put the internet orders right into Cyltech with no data entry.
Don’t be a casualty of Amazon’s aggressive growth. Fight back. Give us a call at 318-317-797 or email us at inform@dataweld.com.