Alibaba’s Impending Entry To Alter India’s E
Our 5th Global eCommerce Leaders Forum (GELF) once again brings together retail leaders and global ecommerce experts to focus on the next phase of digital retail transformation. This is due, in part, to the government’s Digital India project bringing internet access to remote corners of the country and the rapid rise in the availability of 4G. By 2020 India is expected to be home to over 320 million online shoppers, says Morgan Stanley.
One of the biggest upsides to adopting the direct model of B2B eCommerce is that, rather than being forced into the constraints of the marketplace template and help build brand equity for the marketplace provider, the attention is on you – your brand, your products, and the experience you want to create for your retailer.
Particularly in situations where the IT unit reports into multiple heads and the e-commerce leader will not have direct or dedicated IT support, some candidates may be concerned that IT will be unable to completely focus on and execute the e-commerce strategy.
While the five business niches I mentioned are great places to start, if you want to run an ecommerce store in 2016, don’t forget one important thing – whatever you sell, you need to have a unique way of selling it. If you have any expertise in a specific niche, sell there.
Information provided in this page is informative and useful.Secured credit or debit card payments will make customer’s more happy and also these online payment gateways help merchants expand their business by is an online payments scenario a Payment Gateway is the software that processes the transaction on behalf of the merchant.Found some of the best payment gateways to help your business.
Several trends jumped to mind immediately — mobile (yep, there it is, I said it), social media advertising, stronger integration between online and in-store experiences — trends that have been shaping the industry over the past couple years and are carrying a lot of momentum as we enter 2016.
Last August we launched Market Insights , a FREE competitive intelligence platform for ecommerce businesses that gives marketers quality, second-party co-op data for the following 10 metrics- the 10 competitive metrics (we think) successful ecommerce marketers will start tracking in 2016!
With so much information available from a wide array of sources: your ecommerce platform, Google Analytics and other analytical services – it’s so easy to get buried under an avalanche of reports, stats and numbers and lose track of what is really important.
By dedicating an entire checkout step to the payment method selection, Blue Nile has plenty of space to explain each of five payment methods offered and highlight the most important implications of each one (such as the 1.5% discount when selecting Bank Wire”).
Andrew: Today, eight eCommerce metrics that you should be tracking, we’ll be really diving deep into some of the things you should be looking at on a regular basis as well as some of the metrics that get thrown around a lot but really probably aren’t as important or crucial, probably vanity metrics.
For example, such a workflow would fit your business processes if your customers are supposed to pay via offline bank transfer (wire transfer) – in such a case, at checkout a customer gets all the necessary information, such as your bank account details and total order cost, and then makes the actual payment.
For ecommerce businesses, knowing what percentage of customers can be expected to churn within a given period becomes both a measure of how successfully it’s giving customers the experience they expect and a powerful predictive tool for balancing acquisition and retention efforts.
For instance; as an e – commerce store that is into the retailing of a wide range of household goods and other commodities, we may decide to form strategic marketing alliance with the manufacturers of all the products / items that are listed in our online store.