Mistakes are a part of the business journey, but they can cause huge losses if not fixed on time. Therefore, whether it is a startup, an SME, or an online seller of an eCommerce platform, everyone tries to avoid mistakes as it significantly impacts their business as a whole.
With eCommerce rising high like a volcano, setting a footprint is crucial than ever. Trends come and go but it’s important to know which ones are worth investing in. Live chat has been here for a long but not many businesses are aware of its advantages. In this article, we will see how live chat isn’t just another trend that comes and goes, rather it is here to stay and benefit businesses worldwide.
“Fragile! Handle with Care!”
You must have definitely seen this tag on boxes and cartons, which is descriptive of sensitive and delicate material so that it can be handled carefully. Well, data is no exception when it comes to protecting sensitive information.
With fierce competition pushing eCommerce businesses to maintain a huge product portfolio, the chances of product data issues also increase. Thus, it is important for businesses to keep data issues at bay. However, in order to protect your sensitive data, you need to know exactly what data you are trying to protect. To put it simply, you need to classify data or what we call eCommerce product data classification.
“Ecommerce revenues are set to exceed $638 billion by 2022 in the U.S. alone. In such a scenario, outsourcing eCommerce product data entry is bound to fuel your market expansion plans, revenue strategies, and helps you ride the wave of success.”
Visiting ten different stores to get your favorite dress, waiting for a taxi or carrying your shopping bags has become a thing of the past! At present, everyone simply prefers to browse online, click on their favorite product and buy as per their convenience. No wonder, online shopping is evolving and the demand is continuously rising.
Amazon is a powerful selling behemoth that draws over 50% of all product searches that take place on the internet. It also boasts of having more than 2.5 million active sellers on its marketplace (Marketplacepulse, 2019). Furthermore, over a million new sellers join this popular marketplace every year. This clearly indicates that the competition on the Amazon marketplace is intense.
On its 20th anniversary, Amazon gifted “The Amazon Prime Day” to its sellers & buyers. An opportunity to bag prime profits for the sellers and an opportunity to bag prime deals with great discounts to buyers. It looks like a win-win arrangement because Prime Day was started as morning to evening event but last year it lasted 36 hours. Now, there are speculations that this time the Prime Day 2019 may last up to 48 hours.
Note: This is “Part 1″ in a series on leveraging marketplaces to sell products and widen customer reach. This installment focuses on choosing the right marketplace, setting up the eShop and populating it effectively.
You put your heart and soul in manufacturing high-quality products and developing an eCommerce store to sell them. But the amount of sales that is being generated is not enough. What next? How would you promote your products to widen customer reach and boost brand awareness? Think about online marketplaces!
In the ever evolving competitive business environment, eCommerce entrepreneurs are always looking for the right tools to increase orders, drive maximum traffic, boost sales and build brand awareness. We bring to you the list of top five Comparison Shopping Engines (CSEs) that provide the best platform to put your products in front of the web’s savviest consumers and sprint ahead of the competition.