Dive Into Our New Partner Program with NuORDER Channel Manager Joost Onderwaater

We’re excited to announce our new Partnership Program, where our partners can generate new revenue streams, provide the latest in B2B tech to their clients, and receive training to become B2B experts.

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How Outdoor Brands Are Using Virtual Showrooms to Win the Upcoming Season

The outdoor space is making strides in technological innovation. Dive into this post to see how brands like Arc'teryx, Black Diamond, and Canada Goose use virtual showrooms to drive sales.

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For Retailers

The latest retail news, tips, and sales strategies in a digital era.

How to Support Retailers in a Post-Pandemic World

The world is opening up, but there’s no going back to the old ways of doing business. Buyers have new expectations for this post-pandemic world and the wholesale industry has changed. Complement virtual and physical appointments with game-changing digital tools.

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Data Trends Report: Wholesale at a Glance

Our new data report outlines key areas of interest for today's wholesale brands: supply chain pressures, the new retail climate, and hybrid shopping.

It is more important now than ever to make data-driven decisions for your business. In this article, we’re highlighting key occurrences in the fashion industry, what we’ve learned from pivots made to adjust to new environments, and the data you need to continue making smart business decisions of your own while the industry is in flux.

Overcoming supply chain pressures

Blog_DataTrendReport_Body1 (1)

We've all seen supply chain pressures grow exponentially over the past year. 

However, many of our industry's current logistical issues have roots that go back long before the present day. But today's brands can no longer run successful businesses without a game plan to overcome these challeges.

Now, it's all about streamlining lead times, optimizing inventory flow, and anticipating demand. This trend is expected to continue, making the digitization of supply chains an essential aspect of maintaining a wholesale business.

“It has been difficult to plan inventory flow with much precision... We do not expect those conditions to change any time soon.”

ERIC NORDSTROM, CHIEF EXECUTIVE, NORDSTROM

What's the data saying about retail today?

It's all about providing customers with the right experience, in-person and online.

Instore experiences are becoming more and more focused on personalization and maintaining inventory of the right size and product. For Cidade Jardim, a Brazilian retailer with tenants like Louis Vuitton and Christian Dior, they have gone the route of presenting their latest products to customers while offering exclusive lunches and dinners. 

A growing preference for shopping digital + in-store

Retailers are melding their online and in-person shopping experiences by offering products from brands that can be purchased through both sales points. Having the ability to stock products in a central location for both online shoppers and delivery to retail stores reduces logistical challenges while enabling customers to easily access the merchandise they want.

How eCommerce fits into today's retail experience

Blog_DataTrendReport_Body2 (1)Over the past two years, businesses have accelerated their efforts to go digital to accommodate for life under the pandemic. But this doesn't just stop at B2C transactions.

Nearly two-thirds (65 percent) of B2B companies across industry sectors now offer e-commerce capabilities, defined as fully executing a sales transaction online. This is up from 53 percent in early 2021.

So not only are B2C transactions deepening hybrid experiences but so are B2B companies. 

What does this mean for brands, and how can brands leverage this info to grow their wholesale business?

The Data Behind Digital Selling Today

We've gathered data from our platform into our new Data Trends Report: Wholesale at a Glance, where you can find highlights about the shifts in B2B eCommerce, and ultimately be better informed about digital selling in 2022 and beyond.

In this report, you will see buyer activity in our platform and how it has changed from pre-pandemic to present. We track key metrics such as average order value, prebook orders vs ATS sales, and more so that you can strategize with data backed insights.

Download your free copy here or by clicking the button below.

Get the exclusive data report today.

DOWNLOAD YOUR COPY

NuORDER Team

NuORDER is dedicated to providing thoughtful, informative B2B eCommerce industry insights. Brands use NuORDER's platform to deliver a seamless, more collaborative wholesale process, where buyers can browse products, plan assortments and make smarter buys in real-time.

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Data Trends Report: Wholesale at a Glance

Posted by NuORDER Team on Mar 8, 2022 2:37:24 PM
NuORDER Team

It is more important now than ever to make data-driven decisions for your business. In this article, we’re highlighting key occurrences in the fashion industry, what we’ve learned from pivots made to adjust to new environments, and the data you need to continue making smart business decisions of your own while the industry is in flux.

Overcoming supply chain pressures

Blog_DataTrendReport_Body1 (1)

We've all seen supply chain pressures grow exponentially over the past year. 

However, many of our industry's current logistical issues have roots that go back long before the present day. But today's brands can no longer run successful businesses without a game plan to overcome these challeges.

Now, it's all about streamlining lead times, optimizing inventory flow, and anticipating demand. This trend is expected to continue, making the digitization of supply chains an essential aspect of maintaining a wholesale business.

“It has been difficult to plan inventory flow with much precision... We do not expect those conditions to change any time soon.”

ERIC NORDSTROM, CHIEF EXECUTIVE, NORDSTROM

What's the data saying about retail today?

It's all about providing customers with the right experience, in-person and online.

Instore experiences are becoming more and more focused on personalization and maintaining inventory of the right size and product. For Cidade Jardim, a Brazilian retailer with tenants like Louis Vuitton and Christian Dior, they have gone the route of presenting their latest products to customers while offering exclusive lunches and dinners. 

A growing preference for shopping digital + in-store

Retailers are melding their online and in-person shopping experiences by offering products from brands that can be purchased through both sales points. Having the ability to stock products in a central location for both online shoppers and delivery to retail stores reduces logistical challenges while enabling customers to easily access the merchandise they want.

How eCommerce fits into today's retail experience

Blog_DataTrendReport_Body2 (1)Over the past two years, businesses have accelerated their efforts to go digital to accommodate for life under the pandemic. But this doesn't just stop at B2C transactions.

Nearly two-thirds (65 percent) of B2B companies across industry sectors now offer e-commerce capabilities, defined as fully executing a sales transaction online. This is up from 53 percent in early 2021.

So not only are B2C transactions deepening hybrid experiences but so are B2B companies. 

What does this mean for brands, and how can brands leverage this info to grow their wholesale business?

The Data Behind Digital Selling Today

We've gathered data from our platform into our new Data Trends Report: Wholesale at a Glance, where you can find highlights about the shifts in B2B eCommerce, and ultimately be better informed about digital selling in 2022 and beyond.

In this report, you will see buyer activity in our platform and how it has changed from pre-pandemic to present. We track key metrics such as average order value, prebook orders vs ATS sales, and more so that you can strategize with data backed insights.

Download your free copy here or by clicking the button below.

Topics: Wholesale Trends, Retail, Current Events, Data