article thumbnail

The Top Ecommerce Trends You Need to Know About for 2020

SellBrite

Consumers seek product recommendations from influencers nearly as often as they do from friends, according to one study that also found that 49% of consumers look to influencers when making product decisions. billion in 2018), and the industry of social media influence is predicted to be worth between $5 and $10 billion by 2020.

eCommerce 184
article thumbnail

Viya, China’s top livestreaming influencer, vanished from cyberspace after receiving a $210m fine for tax evasion.

Ecommerce Platforms

The 36-year-old Viya, China's top livestream seller, has broken many sales records since her first appearance, in 2016, on Taobao Live (an Alibaba-owned live-streaming channel). for consumer goods and 10.6% Social media sites. WeChat (multi-purpose instant messaging, social media, and mobile payment).

Insiders

Sign Up for our Newsletter

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

article thumbnail

9 Influencer Marketing Examples & 14 GSD Tactics to Boost Conversion

BigCommerce

As both the use of ad blockers and the amount of time people spend on social media continues to rise, the effectiveness of traditional advertising has taken a nosedive. So how can your brand reach consumers, and convert them? Consumers tend to place the most trust in recommendations from people they know.

Marketing 419
article thumbnail

Use Coupang marketplace to enter the Korean ecommerce arena

Payoneer

Consumer goods prices are about 22.3% With a connected online population and a tech-savvy consumer base, South Korean consumers actively engage in ecommerce and prefer digital transactions. Multi-brand online retailers like Amazon.com and eBay are go-to destinations for Koreans seeking overseas products.

article thumbnail

Ecommerce Statistics

Ecommerce Platforms

Looking for some solid data on eCommerce, CRO, social media, and automation? Social Media Examiner,2016). 63% of millennials prefer to have their basic customer support questions answered by chat versus traditional channels. 9% of businesses think consumers prefer social media.(Growth

eCommerce 187
article thumbnail

The Ultimate Guide to Klaviyo Pricing (June 2020)

Ecommerce Platforms

Aside from helping with your email marketing campaigns, Klaviyo can help you sell consumer goods in other ways. You can’t always get this extra solution for omni-channel marketing from other companies. You can even combine your email marketing with social media marketing and SMS.

Shopify 160
article thumbnail

How Coronavirus (COVID-19) Is Impacting Ecommerce [August 2021]

ROI Revolution

Claim your copy so you can profit off of this channel’s meteoric rise. Consumer spending habits returning to normal. Mastercard reports that their Q2 2021 revenue surged 36% over last year, a confident indication that consumer spending is rebounding after the pandemic made shoppers wary of making discretionary purchases.

eCommerce 197