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It is not unusual to order a piece of furniture and realize, once it arrives, that it is completely wrong for your room. A red couch that looked amazing in the showroom may turn out to overwhelm your small space. And the last thing you want to do is invest in a heavy piece of furniture you have to pay to return.

To help visualize that couch in your living room, furniture sellers and interior design firms have been rolling out new apps and online programs that allow you to try furniture at home using virtual and augmented reality.

Jeffrey Naylor, who formerly held C-suite financial and administrative roles at retail giant TJX Companies Inc., is joining the board of Wayfair Inc., Boston's fast-growing e-commerce company. Before TJX (NYSE: TJX), Naylor was chief financial officer of Big Lots Inc. (NYSE: BIG).

Naylor will replace Neeraj Agrawal, a general partner at Battery Ventures who joined the board back in 2011 when Battery led Wayfair's first big investment round. The swap signals that Wayfair is transitioning from its startup roots into its role as a publicly traded pillar of Boston's tech industry, even as threats loom and acquisition speculation swirls.

 

Wayfair, the largest e-commerce outlet for furniture and home goods, is an often overlooked company growing at 40% y/y.

Furniture currently benefits from being one of the most under-penetrated categories in online shopping.

Wayfair has been slimming down its loss margins and maximizing the efficiency of its inventory.

The stock trades at one of the lowest EV/revenue multiples in e-commerce, suggesting the stock has plenty of room to run in 2018.

drop ship

Drop Shipping 101- How to avoid the common cistakes and dropship scams

- As seen on GetThatWholesale.com and eZines.com

Before you decide where to get products to sell on your eCommerce site, find out what you are really getting yourself into! Do you think top 500 eCommerce sites buy lists, pay memberships or deal with middleman distributors? NO! Then why should you? eCommerce & Drop Shipping expert Steven J. Husak gives some key pointers regarding selecting your suppliers and watching out for scams that take advantage of new online entrepreneurs.

sales is profession

Opinion: Sales is Profession!

 

Steve Jobs once said, "It’s not the customer’s job to know what they want."

And he was absolutely correct.

On demand business model

Why aren’t more small and mid-size retailers using the  on-demand business model?

 

While store-based retailing grew an anemic 1.4% in 2008, the 500 largest on-line retailers grew 11.7% in 2008.This is even after factoring in that eBay reporting that U.S. gross merchandise sales (excluding autos) dropped 7.7% last year to $21.6 billion.

Shopping online

Internet Retailer: Dick's Hints That Online Profits Will Exceed Brick & Mortar By 2017!

Well, that isn't very surprising, especially for retailers utilizing drop shipping to offer greatly expanded offerings! Here is the rest of the story...