article thumbnail

What Should You Look for in an Ecommerce Platform?

Kibo

Good ecommerce can scale up or down easily and grow with companies as they expand their offerings and expand to new online channels. This is especially true in today’s uncertain environment where product availability, delivery times, store hours and other important elements of the shopping experience change regularly.

article thumbnail

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. Business to consumer (B2C): the process of selling products and services directly between a business and customers who are the end-users.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Forecast Demand in Retail (2020)

Retalon

Forecasting is a statistical process that uses existing data to predict future performance. By focusing on demand, retailers can get the right amount of the right products to their stores, cutting costs, improving their sales and profits in the process. And inventory-driven costs extend well beyond payments to your suppliers.

Retail 41
article thumbnail

Multichannel Distribution 101: Expand Your Ecommerce Business to New Marketplaces

SellBrite

Whether you started on a marketplace like Amazon or your own website, you’ve already invested in inventory, fulfillment, and operations for your business. Multichannel distribution means taking that foundation and expanding it to new buyers on different channels. Why sell on Amazon: It’s a profitable channel for many business types.