Many ecommerce marketplaces boast of ecstatic traffic to their website, but when it comes to sales figure, the numbers do not match. The reason behind it is shopping cart abandonment. Studies have shown that ecommerce marketplaces that do not have a consumer friendly checkout process tend to lose more than half of their revenues. Read this post to find out more about shopping cart abandonment and how to create a perfect checkout page.
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.
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.
Are you probing how ecommerce companies take their first step towards online selling business? There’s a lot that goes behind setting up an ecommerce store but most of the things remain same. Let’s know what’s common in most entrepreneurs’ journey. This post will help you make an informed decision about how to start an ecommerce business.
Are you worried that big ecommerce companies will not let your ecommerce venture survive? A vast majority of entrepreneurs have benefitted by starting small and targeting local audience. However, there are a lot of steps to consider before investing and starting your ecommerce business. In this post, we have compiled few steps, that will help you make an informed decision. Continue reading to know more.
Competing in today’s market dynamics requires one to keep a close eye on competitors. An in-depth competitor analysis will help build a better product, marketing, and business strategies. To help you along the way, we have built a pathway that’ll help you conduct an effective competitor research.
Many physical stores and entrepreneurs continuously look for the opportunity to start their ecommerce business for higher profits. For the success of an ecommerce startup, it is crucial that you know which practices help online businesses reap the maximum benefits, and trends that will keep them ahead of competitors. Read this post to know about these practices & trends to ensure a seamless growth for your online startup in 2017.
With the changing dynamics, people have started to take cognizance of ecommerce as a seamless way to do shopping. Stats have even shown that more than 80% of world’s population who are online have made an internet purchase at least once. This means that launching your own ecommerce store is probably the best business move anyone can make. Read this post to find out more about why you should invest in your own ecommerce store.
Building a winning marketing strategy and attracting customers with it is a challenge and takes time. There are several pitfalls along the way and you need expert guidance to tackle them. To help you along the way, we have written points that will help you build a successful marketing strategy. Continue reading to know more.
The competition in ecommerce ecosystem is becoming difficult with each passing day. To stay on top, ecommerce giants are bringing new innovation every now & then; increasing the expectations of consumers. In 2017, ecommerce store and marketplace owners will have to innovate to keep up with times. In this post, we have shared some innovations within the ecommerce ecosystem, which can be used to stay profitable.