E-commerce grew 20% for Costco in fiscal 2015—20 times faster than store sales.
With this new integration, Amazon sellers will not only be able to connect their Amazon sales with their other online shops, but also manage offline sales.
SAN FRANCISCO - November 27, 2012 - Stitch Labs, provider of an integrated inventory and order management application for the SMB market, has announced the release of their latest integration partner, Amazon. With this new integration, Amazon sellers will not only be able to connect their Amazon sales with their other online shops, but also manage offline sales.
Stitch integration comes at an important time for Third Party Amazon sellers. They were a major driver of unit growth in Amazon’s Q3, accounting for an all time high of 41 percent of all units sold on Amazon and grew 50 percent vs. Q3 2011. Amazon had revenues of 13.81B for the quarter. While these are extraordinary figures, Forrester Research states the U.S. e-commerce market is currently estimated at $200 billion and is projected to account for only 9 percent of total retail by 2016. This is why Stitch Labs’ ability to help sellers sell both online and offline is a major differentiator.
“The time is right for thousands of additional Third Party Amazon sellers to join the thousands of Stitch users that already have a powerful, affordable inventory and order management system helping them sell across multiple channels,” said Brandon Levey, CEO of Stitch Labs. “We couldn’t be more excited to offer our solution to the rapidly growing Amazon network.”
Prior to this release, Stitch Labs integrated with several popular hosted selling platforms, including Shopify, BigCommerce, Etsy and Storenvy. They also recently integrated with the open mobile payments platform, SAIL by VeriFone for accepting mobile payments and ShipStation to round out their shipping component. With Stitch, users have the ability to sell through multiple channels, keep track of inventory in an automated way and have an in-depth understanding of how their business is performing, no matter how they choose to sell their products.
Sellers are doing everything they can to get their products in front of a wide range of buyers. “We sell to large retailers, small boutiques, we offer drop shipping, use distributors, sell through our website and even still do some consignment with our favorite local boutiques. Billing and inventory were taking a large chunk of time. Then Stitch came along and freed up so much of my time, time that I can now spend growing my business. As a bonus, I also have reporting capabilities so I can see how a specific collection is doing, or who is late paying their invoice with the click of a button,” said Caron Reeder, owner of Wall Stories.
The booming increase of e-commerce platforms has provided many options to sellers. Unfortunately many of the platforms sellers use do not talk to each other. As open API technology continues to advance, companies like Stitch Labs have seized the opportunity to fill that void and serve as the brain between selling platforms. As they continue to add integration partners, more and more entrepreneurs and independent businesses are able to automate their selling processes and drive more profitable sales.
About Stitch Labs
Stitch Labs has created a fully integrated business management suite for the SMB market. Stitch was designed to solve problems the owners experienced while running product-based businesses. The online application allows for simple inventory management, order fulfillment, invoicing, expense reporting and business analytics. Stitch automatically syncs inventory, enabling merchants to flawlessly keep track of inventory while selling across multiple channels. A growing list of integration partners includes Amazon, Shopify, BigCommerce, Etsy, Storenvy, PayPal and ShipStation. www.stitchlabs.com.