Tips to Increase the Average Order Value (AOV) of Your Ecommerce Marketplace
From merely focusing on increasing user base, ecommerce marketplaces are now shifting their attention towards increasing sales and revenues. One way in which this can be achieved is to increase the average order value (AOV) of the shopping cart. Read this post to find out about different tricks & hacks through which you can easily increase average order value of your ecommerce marketplace.
Latest Ecommerce Stats To Understand Shopping Tendencies of Online Buyers [Infographic]
There was a time when launching an ecommerce marketplace with a long list of features was enough to make it a success. As the markets have matured and the numerous marketplaces have populated the whole sector, it has become crucial for website owners to develop marketing strategies based on data collected. This helps them identify how, where and what the consumers are shopping. Read this post to get a better idea.
Why Statistical Reports are Must for Ecommerce Marketplaces
For an ecommerce marketplace owner, everything revolves around how the website is performing. However, most of the entrepreneurs looking to launch an ecommerce marketplace, an inbuilt statistical report tool does not even break the top 10 feature list. This is where most of the startup marketplaces falter. Statistical reports provide the base for analytics, thus, play a crucial role in the formulation of growth strategy. Read this post to find out more.
Key Search Feature Elements to Ensure Higher Conversion for Your Ecommerce Store
A lot of factors add up to ultimately decide the conversion potential of an ecommerce store. With focus on important areas like homepage, checkout process, etc., entrepreneurs often overlook the search feature of their store. But the stats & experience show that a well-optimized search feature can yield greater conversion, as well as help in growing customer base. In an attempt to give the search feature the attention it deserves, this post presents key search feature elements you should ensure in your store and their role in increasing conversion. Read on.
Demystifying Ecommerce Marketplaces’ Revenue Models – Commission Vs Subscription
For a marketplace owner, revenue streams are highly crucial for a seamless business growth. While most of the marketplaces employ a commission based Revenue model, market dynamics are forcing marketplace owners to become innovative and drive revenue using new models. This post covers some otherRevenue models that can be used by marketplace owners. Read on to find out more.
5 Essential Ecommerce Product Page Elements to Convert Better
When designing an ecommerce website, the product page should be considered as one of the most important pages. The final decision of the consumer depends on the layout and elements of the product page. Adding elements that make the customer to trust your website and seller are of utmost importance. Read on to know the essential elements of a product page.
How much does it cost to build an eCommerce marketplace
A lot has been said about ecommerce marketplaces and its immense popularity among the entrepreneurial sector. However, very few understand the cost associated with launching and managing a full-fledged ecommerce marketplace. From setup cost to maintenance, there are different types of cost that a marketplace owner has to incur if they opt for creating a marketplace from scratch. Read this post to find out more about these costs and how to avoid them.
Take Your Ecommerce Store to the Next Level with Social Commerce
For ecommerce stores, social media has always brought forth added leverage resulting in better growth and sales. Moreover, in the recent past, these social networking platforms have come up with dedicated tools, which allow ecommerce businesses to engage with consumers easily using their platform. This post covers all the important social commerce features that can take your ecommerce store to the next level.
eCommerce – Past, Present And The Future
Most of the consumers were vary of ecommerce a decade ago, but within a span of few years, it has become a core part of our daily lives. Nowadays most of the people prefer to buy online rather than going out if given a choice. There has been a lot happening in this area. Read this post to find out more about the past, present and what holds in the future of ecommerce.
Choosing the Right Ecommerce Platform for Optimal SEO
Finding the most ideal ecommerce platform has always been a hassle for entrepreneurs as they have to look at various aspects or features. One such crucial features relates to SEO. While choosing a platform one must take into account different criteria which come into play for an ecommerce store. Read this post comparing all the popular ecommerce platforms and SEO features they offer.