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~ ChannelEngine ~



              THE SECRETS






              TO WINNING








              THE BUYBOX





              IN 2022









              Text: Bradley Lengen // Photos: ChannelEngine

              When selling via online marketplaces, ‘winning the BuyBox’ is a massive part of any successful
              sales strategy. However, at a time when competition among sellers is fiercer than it ever has
              been, achieving this brings many unique and often tricky challenges to navigate.


                     he BuyBox exists across a number of        slightly from marketplace to marketplace, but the BuyBox
                     marketplaces that host multiple sellers    share is consistently king—on Amazon, 80%-85% of sales go
              Toffering the same product on their platform.     through the BuyBox, while BOL it’s as high as 90%-95%.
              Sites like Idealo, BackMarket, Mercado libre &
              Walmart, and, of course, Amazon all use their own   Where once you might have had comparison sites linking
              algorithms to decide who appears in the coveted   out to multiple retailers, that’s all now combined within
              BuyBox space, constantly rating sellers on various   the marketplace, meaning you might have 40/50 sellers
              performance factors.                              all competing for that same space, and if you don’t own it,
                                                                especially as a reseller, making sales on that product is going
              From the price of a product and delivery speed to seller   to be incredibly tough.
              performance and stock levels, a seller must successfully hit
              several criteria to be considered ahead of your competitors.   Seller performance: Reputation and speed go a long
                                                                way.
              Below, we caught up with ChannelEngine CEO Jorrit Steinz   A mixture of variables is factored in when sites like Amazon
              and VP of Product and Technology Feike Groen to highlight   decide which seller appears in the BuyBox for a particular
              precisely why the BuyBox is so important and the key   product. Generally, these fall into three key overarching
              considerations to take when competing for it.     categories; seller performance, delivery time, and price.

              Why the BuyBox is king                            As the name suggests, seller performance covers metrics
              The BuyBox refers to the purchase area on the right-hand   related directly to your reliability as a seller on the
              side of the product page, the space where you’re prompted   marketplace. This includes things like stock levels, fulfilment
              with calls to action like ‘add to cart’ or ‘buy now’ from a   scores, number of returns, reviews, on-time delivery, pre-
              specific seller.                                  fulfilment cancellations, and customer response times—for
                                                                every logistical KPI. There is a set percentage you need to
              Unsurprisingly, whichever seller owns the BuyBox takes   maintain. If you drop below that, your sales score is negatively
              a significant share of sales for that product. Figures vary   affected.







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