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Financial Steps eCommerce Businesses Can Take Now to Weather the COVID-19 Downturn

Inflow Insights

COVID-19 has completely changed consumers’ lives and their buying habits, which has created a lot of uncertainty for consumer-based eCommerce businesses. Eventually, you’ll use these scenarios to implement cost cutting and other financial strategies to get your business through this downturn.

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The 10 Most Common Challenges Faced by eCommerce Businesses

eCommerce Training Academy

I’ve been involved in eCommerce since 2001 and I can truly say, A LOT has changed. Lots has changed including the way they consume content and communicate online. Attracting new customers is more expensive than retaining the current ones you already have. Back in the day, you can sell just about anything and make crazy money.

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Time for Holiday Prep Already? You Bet.

ChannelAdvisor

Coupled with some of the struggles you’re likely to encounter this fall, including continued supply constraints, shipping delays and overall economic uncertainty, waiting until late fall could prove detrimental. . There’s a new normal for the traditional peak holiday season: an October kickoff to consumer gift searching and buying.

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Increase Customer Satisfaction with 6 Key Fulfillment Metrics

ecomdash

Founded in 2001, Rakuten Super Logistics is a leader in ecommerce order fulfillment, serving hundreds of ecommerce retailers to increase speed of delivery, improve order accuracy, decrease shipping costs, and increase customer satisfaction. . With Amazon Prime, the 2-day shipping speed is expected from consumers.

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Time for Holiday Prep Already? You Bet.

ChannelAdvisor

Coupled with some of the struggles you’re likely to encounter this fall, including continued supply constraints, shipping delays and overall economic uncertainty, waiting until late fall could prove detrimental. . There’s a new normal for the traditional peak holiday season: an October kickoff to consumer gift searching and buying.

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Even Your Shopping Cart isn’t Sacred

Bryan Eisenberg

Retailers need to understand the benefits of the in-store experience to a consumer, just as the Alamo Drafthouse started by recognizing the benefits of the in-theater experience to the movie goer. In May 19, of 2001, the first retail Apple store opened at Tysons Corner. How Retailers Can Implement a Similar Strategy.

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The History of Ecommerce: What The Past Says About Tomorrow’s Retail Challenges

BigCommerce

The cost of entry is lower than ever before. Business-to-Consumer (B2C). B2C ecommerce ecompasses transcations made between a business and a consumer. When you buy shoes from an online shoe retailer, it is a business-to-consumer transaction. Consumer-to-Consumer (C2C). Consumer-to-Business (C2B).

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