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Building Loyalty Without Breaking the Bottom Line: the Dual Shipping Dilemma for Ecommerce Merchants

Retail TouchPoints

Online shopping is now easier than ever before, enabling consumers to purchase everything from socks to a dining room table from a computer at their home to a mobile phone in an airport terminal. While this is good news for many ecommerce retailers, it has also become more and more expensive to deliver those goods to customers.

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How To Calculate Shipping Costs

Ecommerce Platforms

Shipping doesn't have to be free. However, studies have shown that 91% of ecommerce customers rethink their purchases from online stores when they realize that the shipping wasn't priced well or it wasn't fast enough. Customers go to those sites and expect free/cheap shipping and rapid store-to-door delivery.

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Convenience Increasingly Trumping Cost on Online Shoppers’ Priority List

Retail TouchPoints

Offering items at a lower price than competitors was once an almost guaranteed method of increasing online conversion rates, but today’s consumers are increasingly prioritizing convenience across the entire shopper journey in making online purchasing decisions. But what does convenience mean?

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5 Ways to Automate Shipping Cost Management for eCommerce Stores Copy

Korona

For online retailers and eCommerce businesses, this may be a bittersweet situation. Meanwhile, however, many are struggling to keep their operation costs down with such an unprecedented rise in business. . Analyze Your Shipping Spend. Don’t Overpay on Your Shipping Invoices. Analyze Your Shipping Spend.

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Dynamic Pricing Strategy Benefits All Online Retailers Need to Know

Wiser

Dynamic pricing in online retail has come a long way as a pricing strategy. It is defined as a strategy that allows retailers to respond in real-time to supply and demand levers. Where Did Dynamic Pricing Originate? . Dynamic pricing ties back to a pricing model that American Airlines pioneered in the 1980s.

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3 Not-So-Obvious Ways Online Retailers Can Boost CLV

Retail TouchPoints

Customer lifetime value, or CLV, is an important metric for any online business because it covers how much people are going to spend from you over the course of their life. The same can work for almost any other change, from adding phone or chatbot support or changing your shipping options.

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Shippo Review: A Pliable Shipping Solution For SMB Merchants

Ecommerce Platforms

Shippo Review: An Easy-to-use Shipping Solution for SMB Merchants. Do you find order fulfillment as the most twisted and wearisome part of your online business? No matter how weighty the shipping demands are, a merchant needs a pristine solution to work with. You need an easy, fast, and reliable shipping software you can trust.