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99 eCommerce Acronyms

GetElastic

3PL 3rd Party Logistics AOV Average Order Value API Application Programming Interface B2B Business-to-Business B2C Business-to-Consumer B2E Business-to-Employee BOM Bill of Materials BPA Business Process Automation BPM Business Process Management CDN Content Delivery Network CMS Content Management System COD Cash on Delivery CPA Cost Per Action CPC (..)

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10 Finance Tips All Retailers Should Follow

retailnext

In fact, many vendors offer small discounts, such as two to five percent off, for customers who pay early, so take advantage of those savings. Invest in a Point-of-Sale (POS) System. Most POS systems will also integrate with your accounting systems, simplifying bookkeeping. Also, don’t be afraid to ask for a discount.

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Ecommerce Glossary

AcquireConvert

Address verification service (AVS): a service used by credit card processors to verify that the billing addresses of customers match the addresses on their credit card statements. A blog is an important way to inform and educate target customers and attract traffic and backlinks to your store.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Buy Online, Pickup In-Store (BOPIS) retail strategies offer enormous upside for retailers and customers alike. Major retailers survived 2020 by transforming how they got their products into customers’ hands. Customers stay in their vehicles at designated parking spots, and employees bring their purchases out to the car.