Global ecommerce is estimated to reach approximately $5 trillion by 2021. It is not surprising considering how every online retailer irrespective of the size is increasingly selling their products on the marketplaces. In fact, based on the massive success of popular marketplaces, we saw a whole new wave of marketplaces emerging across B2B and B2C
Ecommerce business is anticipated to grow at the rate of 265% — from $1.3 trillion in 2014 to $4.9 trillion in 2021. Ecommerce players recognize the fact that market is growing at an unprecedented rate and have been investing in a variety of services and solutions to up their game and deliver exceptional customer service.
Achieving success in ecommerce is hard work. With deluge of retailers offering similar product range at competitive prices, it is battle ground where attracting customers is tough. One of the key aspects that can really help you stand out is ensuring effective catalog management across channels. Although e-commerce product catalog management is anything but easy.
People’s preference in travel is shifting drastically. Travelers are now enthusiastic about new experiences and there is a substantial rise in solo travel. All this is made possible by rapid digitization. Today, people simply jump on to the internet to start planning their international or domestic vacations. Travel websites and smartphone apps have given unrestrained
Ecommerce marketplace is undeniably a great platform for brands and retailers to reach wider audience and expand their market share. While there are opportunities galore, reconciling payments from these marketplaces pose significant challenge. Many sellers end up suffering losses due to glitches in payment system and overcharges. Typically, sellers receive payment based on the agreed
Catalog management still remains a challenge for the majority of medium- and small-sized e-commerce stores, which employ relatively smaller teams who juggle a variety of roles on a daily basis. Plus, online catalogs are often managed manually using excel sheets, resulting in poor quality and inconsistent and inaccurate data across selling platforms. To make matters
As ecommerce continues to grow at an unprecedented rate, the online shopping experience is becoming even more rich and sophisticated. Brands across sectors have realized that images play a key role in driving conversion and have started to add bigger and better images. But what many do not understand is that if images are not
Consider yourself as a buyer, would you be willing to make a purchase after reading a bad product description? Doubt that. We can safely assume that poorly written copy can potentially turn shoppers away. We may not have statistics to prove what impact product descriptions may have on product sales. While some products may simply
As an ecommerce player you spend a significant amount of time in creating your Amazon product listing. But how much time do you really devote to optimizing that product listing? Amazon’s net revenue in the last quarter was 63.4 billion USD, up from 59.7 billion USD in its preceding quarter. The constant growth in revenue
Online stores, unlike brick and mortar stores, do not have the advantage of interacting with the customers in person, in absence of which the catalog becomes the storefront, in other words your salesman. Therefore, ecommerce catalog management plays a key role in delivering great customer experience and can no longer be delayed or overlooked. You