Before starting an eCommerce business, the first question in every merchant’s mind is, “How much is it going to cost to build my online store?” It is critical to understand the costs beforehand so you can weigh the risks and determine your Return of Investment (ROI). Unfortunately, knowing the cost to build the store will…
The rapid growth of eCommerce has been a double-edged sword. On the one hand, no borders exist for customers. Marketplaces are getting better and faster, shipping is almost instantaneous, and even returns can be done easily. But on the other hand, with the ease of setting up a marketplace, it has become more difficult to…
No matter what business you are in you have to stand out among the competition. If you don’t sell the absolutely exclusive product, you have «to fight» for the customer anyway. While choosing the product in brick-n-mortar stores, customers can test the physical and ergonomic characteristics, colors, and eventually, the packaging. But while choosing the product…
Return Merchandise Authorization (RMA) is one of the most important areas of e-commerce solutions that cannot be ignored. In addition to the fact that the established return & refund policies help to complete the purchase process, users who have received excellent service upon return are 92% more likely to buy in this store again. …
No one can deny the rapid growth of online commerce in recent times. And the coronavirus outbreak accelerates the pace of transition to online. A lot of entrepreneurs started their online business from scratch, but most of the companies apply O2O strategy. It means the migration of commerce from offline to online while keeping on…
Returns are one of the main challenges that retailers face. If the goods bought offline are returned only by 8.89% of consumers, then an indicator of eCommerce purchases reaches at least 30%. A return merchandise authorization (RMA) covers the process of returning goods to receive a refund, replacement, or repair. The strategic eCommerce partner knows…
The usual process of eCommerce growth involves the following stages: The simplest online store with a limited amount of products; Online platform based on the drop-shipping model; Marketplace with a large number of merchants. Working as a small store you have the ability to control all information about products, prices, and manage it operatively….
Without even plunging into a deep understanding of the issue, we can observe the changes in the global economy that were caused by the Covid-19 (coronavirus) outbreak. We are watching the situation when the concentration of production capacities in one area causes the risk of manufacturing and financial losses. On the one hand, the location…
Fashion E-Commerce Websites Are a Class of Their Own Make no mistake: while beautiful and mesmerizing, fashion e-commerce is a brutally competitive online business. Standing out means knowing what your customers want and using several tools of the trade of both fashion and online commerce business. We have developed every single detail for many…
Let’s skip an introduction where I describe what is omnichannel and why it is so important. It’s obvious that such an approach became a huge trend, and it is a matter of time when your business will implement it. In this blog post, I want to uncover weaknesses and typical mistakes when shaping an omnichannel…