Ecommerce Platforms

MARCH 14, 2023

Built specifically for a few set industries, the integrated range of business management, marketing, payment acceptance and customer engagement solutions from Evercommerce help businesses in the service environment to increase retention and accelerate growth.

Payment Services 104

Payment Services Payments Beauty and Health Electronics 104

RetailMinded

APRIL 20, 2023

In today’s competitive retail industry, improving efficiency is crucial for businesses to stay ahead. With the rise of e-commerce, brick-and-mortar retailers must provide optimized experiences to attract and retain customers. Also, it maintains customer interest and showcases new or seasonal products.

Payment Services 52

Payment Services Payments eCommerce Retail 52

Ecommerce Platforms

MARCH 27, 2023

Here’s what machine learning solutions can do for your ecommerce business: Customer retention Increase in revenue Automation of menial tasks Improved analytics ML solutions can do customer support and optimize sales to drive the bottom line upward, but the biggest benefit of using them is qualitative, not quantitative.

eCommerce 104

eCommerce Payment Services Payments Recommendation 104

Ecommerce Platforms

JUNE 20, 2022

There's a reason so many subscription-based business models seem to be popping up. It's tough to break through with a successful product, but the rewards are enormous, with cash flow benefits, brand loyalty, and clear revenue projections on a regular basis. Guaranteed, Recurring Revenue. Go to the top.

Subscription 220

Subscription Shipping Costs Merchant Services Payment Services 220

Retail TouchPoints

MAY 28, 2021

And the main reason they don’t allocate enough finances to the customer service department is that it’s difficult to tie it to revenue generated. But customer service must be prioritized by every organization. Here are three data-backed reasons why: Good customer service leads to increased customer retention rates. ?

Payment Services 164

Payment Services Games Live Chat Customer 164

FastSpring

JUNE 28, 2019

When companies look at strategies to scale their business there’s almost always a prevalent focus on customer acquisition. Businesses are always on the lookout for ways to expand their user base, attract new customers, and generate new leads. What is customer churn? How to reduce customer churn for SaaS.

Payment Services 78

Payment Services Payments Customer Retention Subscription 78

MagentoBrain

MARCH 20, 2023

With an online store, small businesses can sell to customers anywhere in the world, breaking down geographical barriers that traditional retail may face. This can lead to increased sales and revenue, which can help small businesses grow and expand their operations.

Small Business Retail 52

Small Business Retail Payment Services Shipping Costs eCommerce 52

RetailMinded

MAY 16, 2023

This can be a huge advantage in generating sales and revenue. Online businesses that sell products and services also have the benefit of being able to scale up quickly. With the Internet at their disposal, online business owners can promptly respond to queries, concerns, complaints, and inquiries.

Payment Services 52

Payment Services eCommerce Payments Live Chat 52

ROI Revolution

OCTOBER 7, 2022

In this article, we’ll be sharing eight tests you can implement to make sure your brand gets its share of the holiday revenue pie this year. But before jumping right in, let’s set the holiday scene with key considerations and review trends that we see coming up. 2022 Holiday Ecommerce Trends. 2022 Holiday Ecommerce Trends.

eCommerce 78

eCommerce Payments Payment Services Mobile 78

ChannelAdvisor

MARCH 29, 2021

Your KPIs are your most important metrics and can help you quickly identify trends (both positive and negative) so you can make informed decisions at any given moment. You can seize a positive trend to make the most of an opportunity. Or, you can recognize a trend that’s a threat and take corrective action before it’s too late. .

eCommerce 98

eCommerce Blog Payment Services Shipping Costs 98

GetElastic

SEPTEMBER 7, 2021

Recurring billing ” is the periodic (for example, monthly or annual) invoicing of a customer to collect payment for one or more subscriptions. Subscription management ” is the process of selling new subscriptions and amending existing subscriptions over time. Source: The Rise of the Subscription Business Model ).

Subscription 148

Subscription eCommerce Shipping Costs B2B 148

Korona

SEPTEMBER 7, 2022

For a company to be successful, it must ensure that it is customer-centric , which means that it understands the needs of its current customer base and is working to reach a new one. Satisfied customers can generate profits through customer retention and referrals and lower customer acquisition costs.

Small Business Retail 52

Small Business Retail Payment Services Management Payments 52

Ecommerce Platforms

JANUARY 13, 2022

Yet, Adobe got smart, or they at least followed the trends of other companies peddling subscriptions instead of onetime purchases. They discovered the incredible benefits of selling Photoshop (and all of their other software) as a monthly/yearly subscription instead of a onetime payment product. Here are the benefits: .

Subscription 104

Subscription Shopify Payment Services Merchant Services 104

ChannelAdvisor

MARCH 24, 2021

Your KPIs are your most important metrics and can help you quickly identify trends (both positive and negative) so you can make informed decisions at any given moment. You can seize a positive trend to make the most of an opportunity. Or, you can recognize a trend that’s a threat and take corrective action before it’s too late. .

eCommerce 71

eCommerce Blog Payment Services Shipping Costs 71

ChannelAdvisor

MARCH 29, 2021

Your KPIs are your most important metrics and can help you quickly identify trends (both positive and negative) so you can make informed decisions at any given moment. You can seize a positive trend to make the most of an opportunity. Or, you can recognize a trend that’s a threat and take corrective action before it’s too late. .

eCommerce 64

eCommerce Blog Payment Services Shipping Costs 64

Korona

MARCH 7, 2023

And since reporting on gift card transactions is so straightforward, retailers have the data they need at their fingertips to understand their customers and make smart decisions about their business. Plus, when customers use gift cards rather than cash or credit cards, it’s often cheaper for merchants to process fees.

POS 52

POS Gifts Payment Services Merchant Services 52

Algopix

JULY 13, 2023

A customer relationship management system, commonly referred to as CRM, is a software application that enables businesses to manage and analyze customer interactions and data throughout the customer lifecycle. Why is CRM Important for eCommerce Businesses?

Payment Services 78

Payment Services eCommerce Management Customer 78

ChannelAdvisor

FEBRUARY 27, 2023

Note that this KPI should not include things like tax or shipping — only the amount of revenue you receive from each order. Though simple, this is an important metric for better understanding your customers’ shopping habits and making a quick, yet efficient impact on your revenue. Net profit = total revenue – total expenses 6.

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

ChannelAdvisor

FEBRUARY 27, 2023

Note that this KPI should not include things like tax or shipping — only the amount of revenue you receive from each order. Though simple, this is an important metric for better understanding your customers’ shopping habits and making a quick, yet efficient impact on your revenue. Net profit = total revenue – total expenses 6.

eCommerce 52

eCommerce X-cart Shipping Costs Payments 52

Payoneer

FEBRUARY 22, 2023

Nigeria’s ecommerce market is rapidly growing and is projected to generate a revenue of US$7,627 million by the end of 2023, making it the 39th largest ecommerce market globally. of Nigerian ecommerce revenue. million in revenue in 2021. of the revenue for Nigeria’s top 100 online stores.

Payment Services 26

Payment Services Payments eCommerce Cryptocurrencies 26

lateshipment

AUGUST 13, 2021

This means a huge opportunity for your dropshipping store to cross your sales target and break your revenue records. Dropshipping is gaining momentum and slowly becoming a more preferred choice than traditional eCommerce businesses as it helps businesses profit by selling products online without managing inventory on their own.

Shipping Costs 130

Shipping Costs Payment Services Shipping Social Media 130

lateshipment

APRIL 1, 2020

Providing quick deliveries at the location and time of choice with a variety of payment options is a must in the modern world of online retail. Why There is a Need for a Third-Party Solution to Amplify Last-Mile Customer Satisfaction ?. Measure the Quality of the Delivery Experience You Offer Customers. It’s that simple!

Improvements 225

Improvements Payment Services Customer Shipping Costs 225

lateshipment

FEBRUARY 10, 2021

Post-Purchase Customer Experience Amidst the Rise of eCommerce. With eCommerce sales growing more than 30% in 2020, the trend is expected to continue in 2021 as well. In-store experiences are human-led, with greater control and empathy towards customer needs and grievances. It Really Means to Your Business).

Improvements 130

Improvements Customer eCommerce Shipping Costs 130

lateshipment

FEBRUARY 10, 2021

With eCommerce sales growing more than 30% in 2020, the trend is expected to continue in 2021 as well. To keep up with the rise in eCommerce and the sound change in consumer behavior (which is changing rapidly), businesses need to put “customer experience” at the center of their growth and retention strategies.

Improvements 130

Improvements Customer Shipping Costs Payment Services 130

lateshipment

APRIL 6, 2023

Repeat customers are receptive to more: They’re eager to test out new goods and services from a company they already know and respect. In order to provide your customers with a complete omnichannel experience, you might begin with Recognizing the platforms that your customers are most likely to use.

eCommerce 130

eCommerce Customer Payment Services Shipping Costs 130

Retalon

AUGUST 22, 2023

How to Calculate GMROI = (Annual Gross Margin ÷ Average Inventory) x 100 To break this down: Gross Margin = Total Revenue – Cost of Goods Sold Average Inventory = (Beginning Inventory + Ending Inventory) / 2 Benchmarks GMROI can vary widely depending on the retail sector: Overall, a GMROI of 2.0+ Anything under 1.0

X-cart 41

X-cart Shipping Costs eCommerce Definition 41

iVend

APRIL 12, 2022

The European Business Review recently reported , for example, on research that put the cost of acquisition at five times higher than retention. So why is understanding and increasing customer lifetime value so important, and how can retail stores achieve it? Three ways that retail technology helps retailers increase CLV.

Payment Services 98

Payment Services Customer Retail Payments 98

Inflow Insights

JULY 12, 2018

Marketo defines marketing automation as “technology that allows companies to streamline, automate, and measure marketing tasks and workflows so they can increase operational efficiency and grow revenue faster.” The company bills its solution as a “ Customer Retention & Predictive Marketing Automation Platform.” Integrations.

eCommerce Marketing 160

eCommerce Marketing eCommerce Marketing Payment Services 160

Omnisend

APRIL 20, 2021

Even from the analysis of 2 billion campaigns over 2018, we found that businesses using several channels as the means of their omnichannel campaigns earned a 250% higher purchase rate and 90% increase in customer retention. On average, 69.80% of online shopping carts are abandoned during the checkout process.

Mobile 78

Mobile Payment Services Omnichannel Social Media 78

Korona

NOVEMBER 16, 2022

These KPIs provide concrete data highlighting which areas need improvement. Once business owners have done their calculations, they must then figure out how to increase sales by square foot. Using KPIs like this helps businesses decide where an effort is needed to improve. Consider doing a seminar in suggestive selling.

Payment Services 10

Payment Services POS Payments Shipping Costs 10

Ecommerce Platforms

NOVEMBER 11, 2019

There are so many precedents set that validate and illustrate why a customer loyalty program is appropriate for any business looking to heighten the projected revenues. The biggest notion here is that regular customers tend to spend more on purchases than new ones. Tiered loyalty system. Two minds think alike.

Customer Loyalty 143

Customer Loyalty Customer Merchant Services Payment Services 143

ROI Revolution

AUGUST 5, 2021

Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. 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

eCommerce Social Media Payment Services Merchant Services 197

ROI Revolution

DECEMBER 2, 2021

Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Business being good isn’t always a good thing. billion in revenue. Revenue from ecommerce is expected to reach $469.3 US retail ecommerce revenue was just $285.9 growth this year. October 13.

eCommerce 148

eCommerce Social Media Payments Payment Services 148

ROI Revolution

JULY 1, 2021

Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Alternative payment options have surged over the past year and a half after the coronavirus pandemic pushed consumers to be wary about high-contact shopping. Touchless payment continues to grow. July 1 update.

eCommerce 148

eCommerce Social Media Payment Services Merchant Services 148

ROI Revolution

JUNE 1, 2021

Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Touchless payment continues to grow. Contactless payment methods surged last year with the pandemic and consumers’ concerns around safety. of Gen X will keep using touchless payment post-pandemic.

eCommerce 158

eCommerce Social Media Payment Services Merchant Services 158

ROI Revolution

MARCH 2, 2021

Social media advertising stats + trends in the face of COVID-19. YouTube ad revenue grew to $6.89B in Q4 2020 from $4.72B in Q4 2019 as the pandemic fueled video growth. 2021 COVID-19 stats + trends. 57% of millennials believe their financial situation will improve between now and Summer 2021 ( GlobalWebIndex ).

eCommerce 195

eCommerce Social Media Payment Services Merchant Services 195

ROI Revolution

JANUARY 5, 2022

Keep coming back to this post as new trends, stats, news, and updates on coronavirus and ecommerce continuously roll in. Business being good isn’t always a good thing. in 2021, making up for some brick-and-mortar revenue lost around the onset of the pandemic. Revenue was just $269 billion in 2019 and $207.15 Sensormatic).

eCommerce 78

eCommerce Social Media Payments Payment Services 78