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Groove Commerce Partners with Databox To Launch Exclusive BigCommerce Performance eCommerce Benchmark Group

Groove

When you measure your critical performance metrics alongside peers on the same eCommerce platform, you can craft data-backed strategies to not just catch up, but outpace the competition. Net sales offer a look into the actual revenue after adjustments, providing a snapshot of financial achievement.

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Groove Commerce Partners with Databox To Launch Exclusive Shopify Performance eCommerce Benchmark Group

Groove

By comparing your core metrics against others using the same eCommerce platform, data-driven strategies can be created to catch up to the competition. Joining the Shopify Performance Data Benchmarking Group is a straightforward process that opens the door to a wealth of actionable insights and data-driven decision-making.

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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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Shopify vs Shopkeep: Which POS Solution is Best for your Business?

Ecommerce Platforms

After all, on the surface, both Shopify and Shopkeep have a lot of excellent functionality and capabilities to offer today’s business leaders. With both tools, you can create a powerful one-stop solution for all of your commerce needs, tracking valuable data, managing your inventory, and processing endless credit card and debit card payments.

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How to Run a Breakeven Analysis for Paid Marketing

Kissmetrics

Whether you’re running a PPC campaign, adding a new advertising stream to your ongoing strategy, setting up an e-commerce store, or even opening a brick-and-mortar store, you need to conduct a breakeven analysis. This stage of in-between profit and expense is referred to as the breakeven point (BEP), the stage when revenues equal costs.

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How to Develop a Winning Digital Marketing Strategy in 4 Easy Steps

Kissmetrics

Goals like increasing monthly recurring revenue by 15 percent or boosting your conversion rate by 3 percent are good examples of quantitative goals. Maybe your customers prefer a one-time purchase over recurring payment options? But the data they have on their customers changes often. SEO, PPC, Social media).

Marketing 363
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Financial Steps eCommerce Businesses Can Take Now to Weather the COVID-19 Downturn

Inflow Insights

1) Worst Case Scenario: All Revenue Stops. Your first step is to create a model that depicts what would happen in your business if sales stopped completely but you still had to pay for all the essentials. How long could your business operate before you ran out of cash? 3) The Most Realistic Scenario for Your Business.