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What is Shopify & How Does Shopify Work?

Ecommerce Platforms

Dropshipping is a tested online business model that doesn't prompt you to hold any stock levels. The store owner, instead, forwards customers’ orders to the supplier who completes the fulfillment process by shipping the products directly. The Shopify POS centrally syncs both your in-store and online sales.

Shopify 156
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9 Ways That E-Tailers Can Increase Their Customer Lifetime Value

Lemonstand

Rather than scramble for sales from strangers, e-tailers should consider how they can squeeze more of their current base of customers. That’s why understanding your customer lifetime value (LTV) is such a make-or-break metric for merchants today. What is Customer Lifetime Value (and Why Does It Matter?).

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How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

It’s not just that shoppers are spending more – it’s also that they’re making more digital payments and fewer cash payments. Contactless payments grew 37% YoY in Q2 2021 to account for 45% of global in-person transactions. of online shoppers now prefer paying with digital wallets. billion in consumer spending in Q2.

eCommerce 197
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How Coronavirus (COVID-19) Is Impacting Ecommerce [December 2021]

ROI Revolution

In August 2021, 66% of organizations were in the process of delaying their office reopenings. With consumers remaining strong in their online habits, Shopify’s gross merchandise volume (GMV) surged 40% in Q2 2021. Facebook and Google channels drove growth several times that of online stores. trillion by 2025 and $3.3

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [March 2021]

ROI Revolution

Nearly 60% of millennials are watching more TV on subscription services due to COVID-19 ( GlobalWebIndex ). Online grocery orders peaked at $7.2 With 160 million customers visiting Walmart stores or Walmart.com each week , Walmart is the largest retailer in the US. February 16 update. New COVID-19 data + stats.

eCommerce 195
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How Coronavirus (COVID-19) Is Impacting Ecommerce [July 2021]

ROI Revolution

Alternative payment options have surged over the past year and a half after the coronavirus pandemic pushed consumers to be wary about high-contact shopping. Buy now, pay later (BNPL) is one of the myriad alternative payment methods that has seen the most growth since last year, with BNPL adoption up more than 81% year-over-year.

eCommerce 148
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How Coronavirus (COVID-19) Is Impacting Ecommerce [June 2021]

ROI Revolution

Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. Touchless transactions like proximity mobile payment, buy now pay later, & BOPIS all surged with COVID-19 and are continuing to see growth even as the pandemic subsides. June 1 update.

eCommerce 158