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Top 2020 Retail Challenges and How To Future-Proof for 2021

Retail TouchPoints

According to Bazaarvoice, 81% of consumers planned to purchase holiday gifts this year, with 61% stating they would spend the same as last year. However, a question mark still hangs over where they spent their money, as research showed that since the beginning of the pandemic, 49% of shoppers have been purchasing more online.

Retail 279
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Tips for Creating a Killer Black Friday Ecommerce Strategy

Ecommerce Platforms

So it's no wonder that for many online retailers, it's one of the busiest days of the year. It’s also worth noting that multichannel shopping continues to rise year-by-year, with US multichannel retailers generating more than $492 billion this year alone! Or as a limited edition gift?

eCommerce 104
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How To Start An Online Business in Canada (2023)

Ecommerce Platforms

This stage is called sourcing, and it means that you must partner with a supplier or manufacturer actually produces the item from scratch and sells it wholesale (or through dropshipping) to online retailers like you. After you’ve decided on an ecommerce platform, it’s time to construct the layout of your online store.

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How To Start An Online Business in Canada (2023)

Ecommerce Platforms

This stage is called sourcing, and it means that you must partner with a supplier or manufacturer actually produces the item from scratch and sells it wholesale (or through dropshipping) to online retailers like you. Gift cards and discounts. Gift cards, discounts, and coupons. Multichannel selling. Dropshipping.

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How to Create a Checkout Process That Encourages Conversion

ESW

Conversion is the name of the game in online retail, and it’s not an easy problem for most direct-to-consumer brands to solve. Natasha Kvitka , digital marketing strategist at Gift Baskets Overseas, says adding hidden costs and conditions late in the checkout process is a common mistake brands make. Be there when I need you.

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Multichannel Distribution 101: Expand Your Ecommerce Business to New Marketplaces

SellBrite

Multichannel distribution means taking that foundation and expanding it to new buyers on different channels. Our research shows that online sellers on 3+ channels see significantly higher revenue than single-channel sellers. Multichannel distribution isn’t optional if you want to build a thriving ecommerce business.

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This Holiday Season, ‘Out of Stock’ Should not Mean ‘Out of Luck’

Retail TouchPoints

Deloitte has predicted that overall retail sales this holiday season will top $1.1 But online retailers — and especially brick-and-mortar retailers with a strong online presence — need to buckle their seatbelts, because ecommerce sales are expected to grow by up to 35% this season. over last year. The Bottom Line.