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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 »



681 Customers Surveyed

3,982 Data Points Collected

39 Published TechFacts

5 Published Case Studies



Selected Research Highlights


Verical Customer Testimonial

I purchased through Verical because …

Luckily, the needed parts were in stock from Verical while other distributors had longer lead times.

Supply Management Director, Small Business Electronics 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

Solid State Supplies increase e-commerce sales & revenue by greater than 100%!

Introduction

This case study of Solid State Supplies is based on an August 2017 survey of Verical customers by TechValidate, a 3rd-party research service.

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

“Verical have opened up markets and geographies that we would not have been able to access on our own. Their robust, yet easy to use portal means that we are processing orders daily for products that we would otherwise have written off.”

Challenges

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

  • Business challenges before listing on Verical.com:
    • Limited ability to find customers outside their immediate geography
    • Inability to increase sales velocity of slow moving inventory
    • An aged inventory that was slow or difficult to sell

Use Case

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

  • Company ranks Verical as one of their top 3 sales channels.

Results

The surveyed company achieved the following results with Verical:

  • Benefits realized by listing on Verical.com:
    • Realized sales to customers outside of their immediate geography
    • Increased sales velocity for slow moving inventory
    • 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.

SELLER STATISTIC

Verical Helps Increase Revenue

80% of surveyed organizations have increased their e-commerce sales and revenue by up to 50% or more since selling on Verical.com.

80%


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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