Once considered a mortal sin in eCommerce, shipping delays are now part of the new norm. Supply chain crisis” has become a buzzword; even high schoolers mention it now. What factors have led to cargo ship delays in 2022 and what can your businesses do to adjust. Every merchant knows … Read more
A great customer journey is integral in a retail operation, especially in eCommerce. When they go through your store and buy your products, they need to have a great experience even after the purchase. If they don’t get a great experience, customers will go somewhere else if it’s not enjoyable … Read more
While running a successful eCommerce business is lucrative, retailers need to contend with many uncertain variables and scenarios. Inventory prices and global shipping rates fluctuate, and product demand could be just as finicky. Most small and medium retailers are still trying to find their bearings within the sector. One of … Read more
Inventory management is one of the most significant pain points for most eCommerce retailers. Contrary to popular belief, inventory management entails just receiving products and stocking shelves. An efficient, well-built automated inventory management system can revolutionize the way a company operates. There are plenty of ways to go about inventory … Read more
The 2020 COVID-19 crisis, aka the global pandemic, disrupted all industries. It created a worldwide domino of events that ushered in the new normal for better or worse. As the world slowly adapts to this new world reality, we see more disruptions brought to the fore. The global pandemic has … Read more
Consumer behaviors changed over the last two years. With more people at home, the pandemic bolstered retail sales exponentially. It resulted in an unprecedented double-digit increase in sales tax revenue across multiple states. Twenty-seven US states reported an average of 20% increase in their sales tax revenue in 2020. Experts … Read more
According to studies, product price is the top consumer consideration when making a purchase decision. Eighty-six percent (86%) of shoppers would willingly compare prices for the same product from different sellers to get the best deals. Most sellers assume that offering a product for the lowest price is the best … Read more
Black Friday is the beginning of the holiday shopping season. What was once an American post-Thanksgiving tradition has become a global shopping event with the advent of eCommerce and online shopping. Cyber Monday and Black Friday eCommerce are important shopping events for every retailer – online or otherwise. Preparing for … Read more
The 2020 crisis significantly shifted the way people consumed retail goods. The popularity of eCommerce was already on the rise even before the pandemic. However, the health restrictions pushed more consumers to make purchases online. From Q2 to Q4 of 2020, online sales grew by 39% – a whopping increase … Read more
ECommerce has become the great equalizer. This technology has leveled the playing field, allowing small-to-medium businesses to compete with multinational operations. And it has exploded over the last two years. In a Statista report, eCommerce revenues will reach US$ 6.5 trillion. These transactions will come from an estimated 12-24 million … Read more
Running an online business requires imagination. Entrepreneurs need to think of ways on how to improve their eCommerce conversion rates consistently. Between developing a marketing strategy and fostering after-sales relationships with existing clients, all these are vital to ensure success and growth. When it comes to improving conversions and making … Read more
What is Black Friday 2020? Black Friday 2020 marks the beginning of this year’s holiday shopping season. During this time, both online and offline stores drop prices, offer deals, and give massive discounts, making Black Friday the busiest shopping day of the year in the United States since 2005. As … Read more
