CASE STUDY be seen. 3 Kings Sales: Turns the Volume Up on Its Online Retail Strategy with ChannelAdvisor COMPANY OVERVIEW Just a few short years ago, 3 Kings Sales started listing and selling products on eBay out of a garage and now is a leader in the car audio industry. 3 Kings Sales separates itself from other online car audio retailers with competitive prices, same-day shipping and optimal return policies, focusing its efforts on the void in the consumer electronics industry where inflated shipping costs, subpar customer service, inadequate products and high prices are often the norm. SITUATION While still relatively new to large-scale online retail, 3 Kings Sales saw the value of an all-inclusive e-commerce strategy. “We wanted a stable company with long-term staying power and a solution that worked,” Anderson said. “Fortunately, we came across ChannelAdvisor.” Anderson’s interest piqued with his initial understanding of the company’s e-commerce offerings, which made it clear that ChannelAdvisor had a solution built for the way retailers and marketers actually do business. “Other companies are software companies,” Anderson said, “but ChannelAdvisor is more of an e-commerce partner.” SOLUTION With ChannelAdvisor Marketplaces, 3 Kings Sales could automate and fully manage its inventory on eBay, Amazon and a slew of additional marketplaces such as Newegg, Sears, Rakuten.com Shopping and Best Buy. Additionally, Location: Chicago, IL URL: www.3kings.com Industry: Consumer Electronics “ Getting an unexpected boost from a new marketplace is huge for us. We wouldn’t be here if it weren’t for ChannelAdvisor. Our only regret about taking the plunge is that we didn’t do it from the beginning. “ Even though 3 Kings Sales initially listed a limited number of products on the marketplaces channel, its sales on eBay and Amazon rapidly accelerated. Owner and President David Anderson saw that the company’s deals attracted a multitude of customers, leading him and his team to search for a partner it could rely on to manage deeper inventory levels and help it access new sources of demand and revenue. 3 Kings Sales first engaged a small solution provider to ramp up sales on various marketplaces, but that system was overwhelmed by the sheer volume of the retailer’s product listings. 3 Kings Sales then began looking for a comprehensive e-commerce platform that could manage thousands of products and enhance performance on multiple marketplaces as well as other online channels. - David Anderson Owner and President 3 Kings Sales ChannelAdvisor’s Amazon Repricer feature adjusted product pricing within pre-set rules to maintain competitive pricing and increased the likelihood of 3 Kings Sales winning the Buy Box. “This is a tool that is invaluable for us,” said Anderson. “We can update prices across thousands of products per hour, saving us precious time that we can use on other business operations.” ChannelAdvisor Solutions ✓ Digital Marketing RESULTS 3 Kings Sales’ belief in the solidity of ChannelAdvisor’s solutions has paid dividends for the company as it transitioned from a garage-based seller to a competitive online retailer, offering some of the best products and prices in the industry. The company’s first year selling online was solid, but once they became fully integrated with the ChannelAdvisor platform, 3 Kings Sales increased its sales more than 120% year-over-year. Moreover, 3 Kings Sales increased marketplaces sales by more than 820% on Cyber Monday, the biggest online shopping day of the year. ChannelAdvisor’s integrations with a variety of marketplaces offers 3 Kings Sales simplified access to additional visibility, customers and revenue. “We’re currently expanding support for more and more marketplaces and finding out which ones offer us the best opportunities. Sales on Best Buy have skyrocketed in just a few months,” said Anderson. “Getting an unexpected boost from a new marketplace is huge for us. We wouldn’t be here if it weren’t for ChannelAdvisor. Our only regret about taking the plunge is that we didn’t do it from the beginning.” Ensure your products are front and center across the internet by bringing all the elements of digital marketing under one umbrella. ChannelAdvisor Digital Marketing increases your visibility on global, local and mobile search engine results pages through Google Product Listing Ads, paid search and comparison shopping engines; keeps consumers engaged through retargeting and affiliate networks; and introduces your products on social media sites such as Pinterest and Facebook. ✓ Marketplaces Reach ready-made audiences on global marketplaces such as Amazon, eBay, Best Buy, La Redoute, MercadoLivre, Newegg, Rakuten.com Shopping, Sears, Tesco and more. ChannelAdvisor Marketplaces enables automated delivery of product data to every destination, trouble-free management and the capability to expand internationally. Rich Media Webstores Amplifier Copyright 2014 ChannelAdvisor Corporation. 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