article thumbnail

Exclusive Q&A: Venmo GM on the Company’s ‘Natural Extensions’ into Business Payments

Retail TouchPoints

That inherent distaste for the transaction phase is one reason payment companies are so eager to expand into other parts of the shopper journey. Embedded finance has become big business: McKinsey estimated that the sector reached $20 billion in revenue in the U.S. Denise Leonhard, VP and GM, Venmo.

Payments 336
article thumbnail

COVID Changed The Game For E-Commerce – And ‘Microservices’ Are Every Brand’s Secret Weapon

Retail TouchPoints

It would seem that scales have long been tipped in favor of the retail giants — those with massive footprints, established brands, warehouses chock-full of supply to meet global consumer demand and the resources to offer a wide array of products. The easier option is in fact to move away from giant e-Commerce marketplaces.

eCommerce 266
Insiders

Sign Up for our Newsletter

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

article thumbnail

Ecommerce Conversion Rate Optimization Tips to Raise Your Revenue

ROI Revolution

But without ecommerce conversion rate optimization (CRO) efforts, even the biggest boost in traffic from paid ads and SEO won’t touch your bottom line. To gain a deeper understanding of the current ecommerce landscape, we surveyed 170 digital marketing professionals about their top-of-mind trends, initiatives, and concerns for 2022.

Payments 146
article thumbnail

What Is a Third-Party Payment Processor? The Ultimate Guide

Korona

One of the numerous challenges facing small and medium-sized businesses (SMBs) lies in processing cashless payments such as credit cards. Despite it being an afterthought for many businesses, processing payments is a major decision. However, the use of payment processors is not without cost.

article thumbnail

Balancing Act: Financial Planning Tips for E-commerce Startups on a Tightrope

365 Retail

Launching an e-commerce startup can feel like a tightrope – exhilarating yet perilous. With careful planning and strategic investments, entrepreneurs can set their business up for sustainable growth. Setting Revenue Goals Conduct market research to estimate your revenue potential across products, segments, and channels.

article thumbnail

Best Tips For Mobile Optimization for E-commerce

MagentoBrain

Mobile optimization is crucial for the success of any e-commerce website in today's digital landscape. Simply put, it can make or break your business. Studies have shown that customers are more likely to abandon a website that is not optimized for mobile devices, resulting in lost sales and revenue. Let's get started!

article thumbnail

Subscription Ecommerce Websites Saw 4,461% Revenue Boom in 5 Years: 20 Brands Reaping the Benefits

BigCommerce

Heralded as the newest, greatest ecommerce strategy beginning around 2010, subscription box services like BirchBox, Trunk Club and Dollar Shave Club have not only made headlines – they’ve made billions. In 2016, that revenue jumped to $2.6 The various types of subscription services (and if your business model currently fits).