This case study of a medium enterprise electronics company is based on an August 2017 survey of Chip-Max Electronicsand customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.
Challenges
The business challenges that led the profiled company to evaluate and ultimately selectChip-Max Electronicsand:
· Business challenge before listing onChip-Max Electronicsand.
· Inability to increase sales velocity of slow moving inventory
Use Case
The key feature and functionality ofChip-Max Electronicsand that the surveyed company uses:
· Company ranksChip-Max Electronicsand as one of their top 5 sales channels.
Results
The surveyed company achieved the following results withChip-Max Electronicsand:
· Benefits realized by listing onChip-Max Electronicsand
· Increased sales velocity for slow moving inventory
· Increased revenues
· Realized sales on inventory they may have otherwise had to write off
· E-commerce sales and revenue have increased by greater than 100% or more since selling onChip-Max Electronicsand
· Company affirms that sales withChip-Max Electronicsand have significantly exceeded their expectations.
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