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BNPL Provider Klarna Expands Further into Social Commerce with Two Acquisitions

Retail TouchPoints

Klarna is continuing to build out its solution suite with two new acquisitions, moving beyond the buy now, pay later space with the goal of becoming a “retail bank, payments and shopping service,” according to the company. HERO and APPRL aren’t Klarna’s first forays into social commerce.

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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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Top Market-Driven B2B eCommerce Trends of 2021

GetElastic

B2B companies are implementing new strategies to adapt to a changing market and take advantage of a growing online customer base, characterized by rising mobile usage, new expectations for personalization and self-service, and increasing demand for digital connectivity.

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Gear Up for 2024 and What it Holds for the eCommerce Sector

ChannelSale

Improved AR or augmented reality shopping will increase customer encouragement by trying the products to boost their confidence in making purchases and also to reduce returns. Better multiple payment options collecting zero personal data from the consumers will increase their trust in the marketplace to buy more e-commerce products.

eCommerce 103
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5 Strategies to Convert Price Sensitive Shoppers

UpSellIt

High price sensitivity means that shoppers will refrain from purchasing a product or service based on prices they feel are unreasonable. These concerns about the price of a product or service can lead to friction to conversion. Payment Options. This is where payment options come in. Downsells. Save Your Cart.

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What Should You Look for in an Ecommerce Platform?

Kibo

Native Personalization Capabilities Built-In Order Management API-First, Microservices Architecture Admin Tools and Settings Advanced Catalog Management Mobile-centricity SEO Friendliness 24/7 Support Pre-Integrated Payment Gateways Speed Easy-To-Use UI. Order management is the backbone of a seamless commerce operation.

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