ecommerce
Robert Kiyosaki’s Rich Dad Poor Dad defined assets as anything that puts money into your pocket and liabilities as anything that takes money away from your pocket. Although that definition appears overly simplistic, the wisdom it communicates is rooted in simple math – which explains why the book has been extremely successful. As an eCommerce merchant, one of the things that take money out of your pocket today is chargebacks. Chargebacks are a growing sustainability risk for the entire eCommerce ecosystem. Take a look at these numbers: Analysts estimate global chargeback cost for 2023 to reach...
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The landscape of commerce has experienced a radical shift, with e-commerce firmly cementing its dominance. Traditional brick-and-mortar stores have always thrived on building personalized relationships with their customers. But, as the market has moved online, how can businesses replicate this personal touch in the virtual arena? The answer lies in creating tailored shopping experiences, an innovative way to nurture customer satisfaction and loyalty. E-commerce is no longer about merely providing a digital storefront—it’s about crafting a unique shopping experience for each customer. So, this ...
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The e-commerce industry has seen double-digit growth every year for the past decade. Expanding by 31% in just the last two years, worldwide e-commerce sales are now tipped to hit $8 trillion by 2026. On the back of a post-pandemic commerce boom and a global turn to smartphone-centric shopping, the competition to score leads online has never been harder. Consumers are more demanding, and with more industry competitors to battle against, your site has to be in tip-top shape. Your site SEO strategy plays a crucial role in your online success in 2023. If you want to improve your search engine visi...
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Nowadays, the impact of e-commerce is being felt in nearly everybody’s life. E-commerce is changing how we do business around the world. Additionally, despite its relatively recent ascension, e-commerce has changed significantly with the passage of time. Q4 2022 hedge fund letters, conferences and more The sector is expanding significantly in today's technology-driven environment. As a result, one of the best ways for small e-commerce companies to reduce expenses and increase efficiency is through e-commerce outsourcing. When Should You Outsource?The key indicator here is your rate of business...
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Are you aware that 56% of all internet traffic comes from programmed entities like hackers, spammers, scrapers, and phishing tools? So when maintaining your e-Commerce website, it is important to look out for vulnerabilities in the field of cybersecurity to keep your site encrypted. According to some figures, between 30,000 and 50,000 websites are hacked daily. Daily growth in the population and the necessity of website security are both trends. Q4 2022 hedge fund letters, conferences and more Every day, the need for internet security grows, making it crucial to safeguard your website and the ...
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Marketing on Instagram and other social media platforms is a new norm in today’s digital world. Businesses, brands, and people are using these platforms to grow their enterprises online and in the real world. Instagram stands out in the sea of social media owing to its captivating visual experience, unparalleled user engagement, and higher conversion rates much better than closest of its competitors. While over 2 billion active monthly users are scrolling the Insta feed – the platform is home to over 200 million businesses marketing and selling their products. So, how can you grow your presenc...
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The Metaverse hype is betting on a future with immersive experiences. The convergence of emerging digital trends such as advancements of virtual worlds and spatial media, adoption of blockchain and remote productivity, and democratization of eCommerce has led to the conception of minimum viable Metaverse concept. Even though many questions remain unanswered, it is already clear today that the potential is enormous – as shown in Chapter 5 of Statista’s Digital Economy Compass 2022. Q3 2022 hedge fund letters, conferences and more The Digital Media Sector Is Expected To Grow FurtherHamburg, Germ...
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Instagram is now widely used to market different businesses of any category. With the increasing growth of this platform, businesses should be aware that Instagram impressions are the most crucial thing on this platform for growth. When Instagram users view your uploaded content either in the form of a video or an image, it is considered an Instagram impression. Let’s look at how these impressions work. Mostly, we take the number of views or impressions on our videos as just a number, but there is a piece of interesting information attatched that can give valuable insight to boost your marketi...
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Running a business is a task that needs a set of rules and working methods to handle every aspect of its operations. In this guide, we will mainly focus on the inventory aspect of eCommerce. A retail business inventory management could be easier compared to eCommerce as the main difference between the two is the physical location. So let us get right into it. What is eCommerce inventory management?The concepts of “Inventory” and “Inventory Management” might seem very similar but they actually have some distinct differences. Inventory management is not just storing products effectively to sell ...
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When it comes to protecting your eCommerce company from rising inflation, you have a few options. Try some of these techniques to beat back rising consumer prices and stay ahead of your competition. Consumer inflation may be hovering at 9.1%, which is its biggest hike in more than 40 years. That doesn’t mean that your eCommerce company has to suffer. You may not be able to control gasoline price increases but you can certainly protect your business. Q3 2022 hedge fund letters, conferences and more Below are several strategies to help you weather the inflation storm. By implementing at least a ...
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