Author: Ketan Malhotra
Every other article on ecommerce highlights how this sector is poised to grow in the next few years. This last decade has been highly beneficial for ecommerce with online shopping websites getting huge investments from big players. There are dozens of ecommerce startups that have got billions of dollars in funding or have been acquired for a mammoth amount. Read this post to find out more.
The ecommerce sector has been one of the highly growth oriented markets across the globe. There have been huge advancements in this sector in terms of technology, payments and logistics. With more and more consumers getting accustomed to internet, they are indulging in online shopping at a massive scale. Although launching an ecommerce marketplace anywhere across the globe will yield good results, there are some countries where this sector is seeing an unprecedented growth. Read this post to find out more.
Although ecommerce has become mainstream with consumers preferring to buy daily need items online rather than going to a local store, still many prefer the latter when it comes to expensive items. There is a huge market for expensive items, but most ecommerce marketplaces are still unable to tap into it. This post shares some insights on how to entice consumers into buying expensive items. Read ahead.
With new technologies coming to the forefront, within the last decade, ecommerce has seen immense growth. As online businesses grow and market becomes saturated, there is a dire need for streamlining the core processes. The only way it’s possible is via automation. This will not only help online businesses save time and money but also result in more sales. Read this post to find out more.
Ecommerce has evolved immensely over the last couple of years, with new technology coming to the forefront. One such area which is gaining huge momentum in this sector is AI and big data. In that arena, chatbots have become a crucial aspect of an ecommerce website to increase their conversion rate and enhance the consumer experience. Read this post to find out about top chatbot platform which can be used by ecommerce websites.
Security has always been one of the biggest concerns for online businesses. When it came to online financial transaction, cryptocurrency solved bulk of the problems with its decentralized nature. It is based on blockchain technology, which is being hailed as the next cornerstone. Now as technology is coming to the forefront, it is resulting in disruption across a gamut of areas in the ecommerce sector. Read this post to find out more.
Throughout the year, ecommerce marketplaces wait for the holiday season, as it is the time when their sales see a huge spike upwards. For some marketplaces, it is the time when they make as many sales as they do in other non-holiday months combined. However, to fully capitalize this time, you would want your ecommerce marketplace to be battle ready. Read this post that highlights expert advices allowing anyone to crush the holiday season this year.
When it comes to retail, everything revolves around customer experience. The same is true for ecommerce, which is fully dependent upon offering a unique, yet consistent customer experience. Most ecommerce stores believe that just by offering competitive prices, one can easily lure customers, but it is not feasible in the long run. In order to ensure that you are able to grow and keep your user base glued to your marketplace, you need to offer a unique consumer experience. Read this post to find out more.
When we talk about retail these days, the first thing that comes to mind is ecommerce. Consumers have started to prefer shopping online rather than visiting brick and mortar shop. This has also ringed the bell for offline retailers who have started to acknowledge ecommerce and are making the transition to take their business online. This post covers crucial dos and don’ts for those retailers offering a clear picture before making the transition.
In the current market dynamics many aspiring entrepreneurs are mulling the idea of launching their own marketplace. However, many do not actually understand challenges associated with the multivendor model, and fail to reap its maximum benefits. Here in this post, we highlight these challenges, and also list out the best practices that help in overcoming them.