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This is Why You Need to Stop Competing Against Amazon to Win Online

Demac Media

You know it and I know it, but it’s always fascinating to break down the actual numbers behind Amazon’s success to see how well they’re doing: Amazon accounted for 43% of US online retail sales in 2016. Amazon shares hit a high of $1000 in early 2017 , with stocks up 40% from 2016. Their market value is currently $478 billion.

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Ecommerce Statistics

Ecommerce Platforms

42% of marketers say interpreting results is the biggest challenge in conversion optimization. is the average conversion rate for websites viewed on tablets, versus 1.9% Average ecommerce conversion rates vary from 3% to 4%. Conversion rates on smartphones (1.5% SearchEngineland, 2016). Techcrunch,2016).

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How to Improve Ecommerce Conversion Right Now

BigCommerce

Due to shoppers’ tendency to form their opinion based on their first exposure to the website, web design is the area where no expense (within reason) should be spared to make your website look as professional as possible. While competing on price is an option, it’s self-destructive and eats into your profit margin.

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How to Sell Digital Products & Downloads: The Complete Guide

eCommerce CEO

You wouldn’t have to deal with the hassles of shipping and inventory. 2016 revenue is roughly $16 billion. Compound annual growth is projected to be around 16% between 2016 and 2020. You wouldn’t have to deal with inventory or shipping with eBooks. You can control your margins and set your own price.

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

ROI Revolution

Shipping, inventory, and fulfillment are the basic underpinnings of a business that must work flawlessly for marketing & advertising to be worth it – and they are all in flux right now. Last year, low prices and the ability to purchase online were the top concerns for customers. Business being good isn’t always a good thing.

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

ROI Revolution

36% of consumers have experienced substantial shipping delays due to COVID-19 ( Narvar ). 35% of US adults are concerned about the stability of their investments, with 19% worried about having enough income to pay for day-to-day expenses. January 7 update. 2021 COVID-19 + ecommerce stats. 9/14 update. 7/29 update. 7/9 update.

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How Coronavirus (COVID-19) Is Impacting Ecommerce [October 2020]

ROI Revolution

BOPIS also brings consumers the immediate satisfaction of receiving their item almost immediately without having to search for it in the store or wait for it to be shipped. Free delivery, availability, and price were the top three key online purchase drivers for this group of consumers. 9/14 update. 7/29 update. 7/9 update.

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