“Old is gold” – this saying is still so true even today. The same goes for customers. As per consumer loyalty statistics, 65% of business comes from existing old potential customers of the company. As per research, existing customers are much more valuable than new customers. New customers are good to have for business revenue,…
Category: e-Commerce
Holiday shopping season!! One of the most important and busiest times of the year for all retailers. With multiple shopping holidays in a line offers a great chance for the online business owners to gain a lot from early ecommerce holidays planning. So are you ready or not? Because the countdown has begun for the…
The countdown of Black Friday has already begun. It is the most important day for retailers and Holiday shoppers. On Black Friday, Adobe found consumers spent $6.3 million per minute online, or $27.50 per person, on average. So, it is crucial to plan ahead for Black Friday eCommerce 2021, since shoppers spend more money on…
With the pandemic raging across the world last year,studies have shown COVID-19 has boosted online shopping by $183 billion. The same survey revealed that online shopping spending was up to $844 billion from March 2020 to February 2021. The figures indicate a greater adoption of eCommerce. So, while most companies and businesses are embracing this…
The Direct-to-Consumer (D2C) is one of the fastest-growing popular routes for manufacturers and CPG (Consumer Packaged Goods) brands to enter the market directly rather than through a middle-man. It is a perfect model to “cut out” the middleman participation. A study shows that 55% of consumers favour shopping directly from the brand manufacturer instead of…
Voice commerce is a technology that allows users to search and purchase products online with their voice commands. voice search ecommerce is growing with the surge in voice-powered devices, including Amazon Echo and Google Home, leading to a rise in consumers using this technology more now than before. The development in the voice-enabled devices market…
As the coronavirus continues to spread over the globe and causes damage to the world economy. During the peak of the COVID-19 crisis, many countries across the globe introduced lockdown as preventive measures. As people have issued stay-at-home orders to reduce the spread of the disease, many of us are now self-isolating while turning to…
2020 has been a challenging year for everyone. The outbreak of the COVID-19 pandemic affected almost all sectors including education, finance, business models, medical treatments, and the most important sector like e-commerce. This outbreak increased the scope of digitalization in every aspect including consumer shopping behavior. E-commerce developed like never before. The standardized lockdown…
A chatbot is a software application developed to conduct an online conversation for customer inquiries through text or speech. Chatbots are used instead of living human agents for solving general inquiries. The chatbots in e-commerce are getting more popular due to their benefits. The continuous emergence of artificial intelligence and machine learning leads to the…
An overview of the e-commerce checkout process: An eCommerce checkout process is like a grand finale for an ecommerce website that includes specific steps that a consumer should follow to complete a purchase. It is the place where the patron finalizes the choices of products, confirms the shipping selection and makes the payment to purchase…