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TechValidate Research on Verical

These pages present data that TechValidate has sourced via direct research with verified customers and users of Verical. TechValidate stands behind the authenticity of all published data. Learn more »



445 Customers Surveyed

2,832 Data Points Collected

36 Published TechFacts

5 Published Case Studies



Selected Research Highlights


SELLER STATISTIC

Verical has been in my 30-year history the most effective way of marketing with a noticeable tangible increase. No speculation of why our sales have increased!

Vice President, Small Business Electronics Company

Verical Customer Testimonial

I purchased through Verical because of..

Plenty of stock, pricing and the ease of your website cuts down on wasted time.

Buyer, Small Business Industrial Manufacturing Company

SELLER CASE STUDY

Medium Enterprise Electronics Company Finds Success on Verical.com

Introduction

This case study of a medium enterprise electronics company is based on an August 2017 survey of Verical customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

“We’ve sold inventory on Verical.com we had previously been unable to sell before publishing on Verical.”

Challenges

The business challenges that led the profiled company to evaluate and ultimately select Verical:

  • Business challenge before listing on Verical.com:
    • Inability to increase sales velocity of slow moving inventory

Use Case

The key feature and functionality of Verical that the surveyed company uses:

  • Company ranks Verical as one of their top 5 sales channels.

Results

The surveyed company achieved the following results with Verical:

  • Benefits realized by listing on Verical.com:
    • 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 on Verical.com.
  • Company affirms that sales with Verical have significantly exceeded their expectations.

Verical Case Study

Medium Enterprise Electronics Company says, “Verical had what I needed at a good price when no one else could supply it.”

Introduction

This case study of a medium enterprise electronics company is based on a September 2017 survey of Verical customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

“Overall, the breadth of inventory, quantity of available-to-ship stock, and pricing on Verical are the best in the market.”

“I was able to find available-to-ship parts on Verical that I couldn’t locate anywhere else.”

“Verical had what I needed at a good price when no one else could supply it.”

Challenges

The business challenge that led the profiled company to evaluate and ultimately select Verical:

  • Before shopping on Verical, the company faced the following challenge:
    • Unable to find the parts they needed

Use Case

The key features and functionalities of Verical that the surveyed company uses:

  • Reason company chose to buy from Verical:
    • Verical had exactly what they needed
  • Company rated the following areas of doing business with Verical.com:
    • Searching for products: extremely easy
    • Chosing from multiple sellers: extremely easy
    • Checking out: extremely easy

Results

The surveyed company achieved the following results with Verical:

  • Verical’s organizational results:
    • Deliver parts no other company could
    • Provide the quantity of parts they needed with a single order


More to Explore



About Verical

Established in 2007, Verical provides an online marketplace with the industry’s largest inventory of electronic components — over 800 of the world’s leading electronics manufacturers and their authorized channels publish their unsold inventories at competitive prices on Verical.com.

Verical Website   Verical Website