Cin7 Adds eBay Integration to Supply Chain App Store

Cin7’s integration to global eCommerce marketplace eBay went live this week.

eBay, the well-known auction website launched in 1995, grew to become the second most-visited online marketplace in the US, according to Statista. eBay today connects both professional B2C businesses and B2B suppliers with 167 million active customers.

With the eBay integration, Cin7 customers can extend comprehensive inventory management to yet one more eCommerce marketplace.

eBay attracts businesses from across many verticals, from B2B suppliers of refurbished industrial equipment to electronics and smartphone retailers. Thus, integrating your eBay sales channel with Cin7 lets you maintain full stock control while you:

• Acquire new customers.
• Build new sales from a channel that attracts 96 million visitors in the US alone.
• Create more brand awareness.

And eBay connects businesses to customers around the globe. While the US represents eBay’s most active market, 56% of eBay’s revenue comes from the rest of the world.

eBay Means Serious Business for B2C and B2B

eBay’s founder sold one of the website’s first items at auction: a broken laser pointer. Ultimately, a customer bid $14.83 for the product. Thus, the auction model proved viable. Apparently, a market exists for everything and eBay accommodated sellers that let the market decide an item’s worth.

Users still sell at auction today, but eBay is much more a marketplace for b2b and b2c sellers. In fact, according to the company’s 2016 financial report, something like 87% of eBay products sell at fixed price. That means serious B2C businesses use eBay to reach customers. Furthermore, B2B sales represented $4 billion of eBay’s $82 billion annual gross merchandise sales reported in 2016, making it a useful tool for B2B suppliers.

How Cin7’s eBay Integration Helps You

A common difficulty among eCommerce companies is to maintain the right amount of stock for each of their online channels.

Cin7 gives customers the power to manage stock levels and to track costs in real-time, to let you make more cash with less inventory. When you use Cin7’s eBay integration, you can:

• Synchronize your eBay products and sales orders with your overall inventory.
• Update stock levels as you sell across all your channels.
• Let your eBay customers know exactly what is currently available in stock.

Check out what else Cin7 can do to make your multi-channel business more efficient and more profitable.