eCommerce has yet to surpass brick-and-mortar retailer establishments. However, the pandemic completely changed consumer behaviors. Since we all needed to stay indoors to keep safe, online establishments were a godsend. According to a Statista.com report, retail e-commerce sales reached US$ 4.9 trillion worldwide. It’s expected to grow by 50% over … Read more
Shipping and logistics may be tedious, but it is crucial to running an eCommerce business. Online retailers must find a logistics process that strikes a balance between affordable shipping rates and reliable delivery times. As an operation grows, shipping becomes even more expensive and time-consuming. Thankfully, sellers that use the … Read more
eCommerce is one of the greatest innovations of the 21st century. The industry has shattered geographical borders, making the world smaller and more accessible. For the first time in history, consumers have access to products that were previously out of their reach. Distance or country of origin is no hindrance … Read more
Shipping and delivery are the backbones of the eCommerce industry. Having an efficient shipping process is at the core of online shopping convenience. However, shipping is costly. In fact, it is the most expensive part of the logistics supply chain for most retailers, as over 50% of logistics costs go … Read more
Amazon is the world’s leading eCommerce marketplace. Without a doubt, selling on the platform as a third-party retailer has proven to be a strategic and lucrative move. Most sellers on the marketplace enjoy profit margins of over 10%. Moreover, in the battle between Amazon FBA vs. Amazon FBM, the former … Read more
Compared to local logistics, cross-border shipping is a complex process as most countries have specific customs regulations. And global shipping is necessary for eCommerce retail companies to have a leg up on the competition. You can expand your market reach internationally and get increased profit margins. That’s why retailers need … Read more
The eCommerce industry is steadily growing despite the global pandemic. It pushed more people to do more online transactions. The eCommerce sales increased from 16% to 19% in 2020. Want more figures? The number of consumers who purchased items online ballooned by 4.4% over 12 months. There are approximately 900 … Read more
Offering quality products is essential in eCommerce. However, the last few years saw a shift in customer priorities. Consumers nowadays heavily consider their overall experience purchasing from a brand more than the product or service itself. Eighty-six percent (86%) of consumers are willing to pay more for an item from … Read more
Shipping goods around the globe has its inherent risks. Between losing parcels due to theft, unforeseen incidents, and damaged packages, shipping issues can be expensive for most eCommerce retailers. Aside from the cost of replacing the goods and making up for the delays, damaged freight can considerably impact customer satisfaction … Read more
Experiencing exponential growth for an eCommerce company is great, but it does have its drawbacks. On the plus side, there is demand for the product, and marketing efforts are working. But managing exponential growth without developing a logistics strategy to account for the increase in orders could be problematic. A … Read more
Running an eCommerce business can be challenging. Today, 18% of all purchases in the world happen online, and more than 2.14 billion people are digital buyers. That’s 26% of the world population. And yet, 22% of online operations do not survive their first year. There are plenty of factors that … Read more
Amazon is currently the marketplace of choice for both sellers and buyers. Through the platform, online shoppers enjoy one-day shipping at the lowest possible prices. Furthermore, the marketplace provides a convenient way to shop for necessities and source unique and rare items. Amazon is also an excellent avenue for smaller … Read more
