article thumbnail

How to Adapt Your Ecommerce Business to Increase Sales in 2021

Retail TouchPoints

The global pandemic created by COVID-19 has accelerated the maturation of ecommerce businesses and has led to an increase in online sales. According to a study from Digital 2020 , 47% of users have seen a significant increase in the time they spend shopping online. Lowering prices to get new customers is no longer enough.

article thumbnail

The History of Ecommerce: What The Past Says About Tomorrow’s Retail Challenges

BigCommerce

When it comes to ecommerce, a word that first comes to mind is growth. Ecommerce expert Gary Hoover’s research shows that just in the last 14 years, the growth of ecommerce companies has skyrocketed across the board. In fact, growth projections estimate that by 2022, ecommerce revenues will exceed $638 billion in the U.S.

eCommerce 417
Insiders

Sign Up for our Newsletter

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

article thumbnail

The 19 Ecommerce Growth Challenges of 2018, Outlined by Amazon’s Annual Report

BigCommerce

From general Amazon growing pains to government regulation, part of the report took a hard look at some of the major issues and potential risks ahead that all ecommerce retailers need to consider (as Amazon third-party retailers or otherwise). Let’s take a look at those next. Make More on Amazon Now. Download Now. Image source.

article thumbnail

5 ways cryptocurrency benefits ecommerce

GetElastic

Bitcoin continues to influence the macroeconomy, and pretty much everybody believes (or wants to believe) that digital currency will bring about a bright future. As such, more and more industries and businesses are incorporating this technology into their functionality. Decentralized payments. Anonymity and lower theft risk.

article thumbnail

Crypto Payments Adoption in FinTech: How Do Retailers Fit in?

Retail TouchPoints

Get ready for a technology retouch. We’re all used to traditional payment methods, and fully digitized payment solutions have not yet become mainstream. However, even if you’re not yet set up for in-store crypto payments, you can still integrate a digital currency option into your ecommerce or click-and-collect offering.

article thumbnail

Everything You Need to Know About Bitcoin and Blockchain in Ecommerce

Ecommerce Platforms

There are several trends influencing the ecommerce industry as a whole, but arguably the most visible of these is bitcoin. When it comes to payment processors in ecommerce sites, the talk used to be about credit cards, PayPal, COD (cash on delivery), et al. But now it’s shifting towards bitcoins and digital currencies.

article thumbnail

Trends Analysis: Why Cryptocurrency May Still Be Important for eCommerce

ESW

There’s a bigger discussion about what crypto — and the blockchain technology behind it — can do for the entire eCommerce sector. Digital currencies like Bitcoin are helping both private users and online merchants to experience a whole new world of monetary exchange with complete ease,” eCommerce consultant Darshit Parmar writes.