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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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What Should You Look for in an Ecommerce Platform?

Kibo

Some ecomm platforms are quick and easy to implement for small businesses that have moved online. Some are embedded in much larger supply chain offerings that include in-store technologies. . How can you determine the best fit for your business? Order management is the backbone of a seamless commerce operation.

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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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Ecommerce Glossary

AcquireConvert

Ecommerce businesses need to test different versions of the calls to action, for instance. 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.

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Affiliate Programs Made Simple: A Step-by-Step Guide For Ecommerce Sites

BigCommerce

Approximately 15% of all digital media industry’s revenue comes from affiliate marketing. In 2015 Amazon’s revenue surpassed $100B and affiliate marketing accounts for $10B of its sales. Affiliate marketing is the process of earning money by promoting another website’s products. ARPU – average revenue per order.

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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.

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

Retalon

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. Payment, return, and exchange policies.