Ecommerce analytics enables brands and retailers in the digital space to leverage historical and real-time data for countless insights. Online businesses can get crucial insights into their sales, customer shopping…
Ecommerce businesses constantly look for ways to maximize their sales and profits. The search for the right processes, technologies, and strategies is never-ending as the industry grows more competitive. While…
Ecommerce product catalogs help online shoppers make purchase decisions by displaying necessary product details like features, images, and videos. Therefore, product catalog management is invaluable to every ecommerce business in…
Not knowing the emerging ecommerce retail trends when stepping into a new year can be like entering uncharted territory for ecommerce business owners. You can only recognize and monetize opportunities…
Retailers today are burdened with umpteen choices when taking their business online. “Is online selling more effective than traditional selling methods? How does one choose the platforms for online selling?…
Product pricing is one of the most salient aspects of managing a business. For ecommerce, where customers can easily compare product prices, the task of optimally pricing products in real…
People are going big on online shopping. Driving and checking in to a place and physically buying products for your daily or recurring needs is the way of the past,…
Ecommerce SEO is a code most brands and retailers try to break for improved website ranking, visibility, and conversions. But, building result-driven ecommerce SEO strategies is not easy. Primarily, it…
Every ecommerce business aims at increasing sales and improving its YoY growth. But, it is not something that can happen overnight, and there might not be any hard and fast…
Ecommerce is a booming industry but leading the market is a different ball game altogether. The most formidable challenge for ecommerce players is driving continuous innovation because it all boils…
The ecommerce marketplaces have regained their momentum post the onset of the pandemic. The last two years have seen a steady increase in the number of marketplaces and players. This…
Imagine going to a store to buy breakfast cereals. Of course, you would head right up to the snacks and branded food section. But, what if you found gourmet bread…
The ecommerce industry is booming and is predicted to keep up its forward momentum and rapid growth. Online retailers, sellers, and entrepreneurs can make the most out of this opportunity…
Amazon is surpassing Google. Yes, you read that right, when it comes to SEO for marketplaces you need to drive your energy and focus on optimization for marketplaces and search…
Customers have a lot of questions. So many questions about the product because they don’t like spending unless they are sure and have all their questions answered by you. As…
This article was recently published on Datafloq. You can also read it here For some of us listening to music, unwrapping a present, meditating, working out or just a hug contributes…
The growth of e-commerce industry and the abundant opportunities in this sphere to earn and grow is well perceived and acclaimed. The whole other segment of it is industrial e-commerce…
Coming back from a conference can be an overwhelming experience. It’s easy to get distracted by the cool new merch and the big glamorous ideas you were presented with at…
IRCE – The magnificent retail show It’s that time of the year, if you are making plans to visit Willis tower or Navy Pier, just hold on and push your…
Claire had been saving up for months for a weekend of trekking with her family. She had planned everything in advance, booked her family into one of the best resorts in the area, bought the best trekking equipment including bags, ropes, hiking shoes/boots, trekking poles and climbing gear, and even enrolled her kids in fun activities at the resort. What she didn’t plan on was that her dream holiday would be ruined by bad product data. You see, prior to her trip, Claire had purchased trekking rope from her favorite and most trusted e-Commerce site. And, she could swear that the product page said the rope was made of ‘kernmantle’ nylon – the type of rope recommended by her guide. But during the trek, she found, to her dismay, that the rope was made of a much-inferior ‘nylon-blend’ that left her with rope burns despite wearing gloves. As the family left the resort that weekend, Claire was certain about two things – one, it was going to be a long time before she tried trekking again, and two, she would never shop at her favorite e-Commerce store again, ever.
Pricing is usually determined on the basis of competition that is hanging around. In the fiercely competitive E-commerce industry, if it’s not you, then it’s your competitor who is going to win the sales because he offers better deals on the pricing front.
Did you know that 90% of online shoppers say they compare deals on the Internet?
There could be numerous factors that consumers consider before making a purchase decision. But the most powerful and pivotal aspect that drives a purchase is the price of the product.