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

ChannelSale

Statistics confirm that there were over 215 million new social media users as of October 2023 compared to the same time in 2022 to increase social commerce. Mobile shopping continues its rapid rise to constitute over 63% of e-commerce sales. Also, the number of smartphone users will increase from 6.4

eCommerce 103
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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.

B2B 145
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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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Casual Observations on Social e-Commerce

GetElastic

While my purchases via social media are limited in scope, I’m fascinated and admittedly a bit hooked on what’s new on these apps for sale. As I peruse social media for the next thing I must have, I’ve noticed a few app’s best practices catch my eye, and keep my cart full. No, writing them is actually not that easy.)

eCommerce 146
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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. In this case, all the products will share one listing and compete for the Buy Box —Amazon’s default payment option. It even offers multichannel fulfillment services.

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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.