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An eCommerce Website Checklist For Distributors
Earlier this month, we showcased six B2B eCommerce website examples to help you get more sales and create a better online experience for customers. To take your lead generation efforts further, we're outlining a beginner's eCommerce website checklist to make sure your customers give you repeat business.
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In the industrial space, businesses generally target engineers, procurement managers, and plant MRO managers who all have different primary concerns based on their job focuses.
China Is Dominating Ecommerce | Practical Ecommerce
In China, a drab gray Mao suit was once the required attire for men and women. No longer. The country is poised to become the largest luxury apparel market worldwide by 2025. With a 2020 population of 1.4 billion and a flourishing middle class with an appetite for foreign luxury goods, China is dominating ecommerce.
Despite the pandemic, the Chinese luxury market increased by 48 percent in 2020 to roughly $52 billion, according to management consulting firm Bain & Company in its annual China luxury report , prepared in partnership with Alibaba's Tmall Luxury Division.
Reliance to embed e-commerce app into WhatsApp within six months: Mint
BENGALURU (Reuters) - Mukesh Ambani's Reliance Industries plans to embed its ecommerce app JioMart into WhatsApp within six months, financial daily Mint reported https://bit.ly/3oTRtPB on Monday, as the Indian conglomerate looks to ramp up its retail and grocery business in the country.
Reliance, which has been trying to move away from its mainstay oil and energy business, had last year raised about $26 billion from investors like Google and Facebook for its digital and retail arms as it takes on Amazon.com Inc and Walmart-backed Flipkart in India.
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The 10 Best Ecommerce Platforms of 2021
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If you want to sell anything online, you need an ecommerce platform. While a regular website provides everything you need to promote your business, people can't pay for products, as this requires integrations with shipping providers and payment processors.
The solution is an ecommerce platform that includes basic features like web hosting, shopping cart tools, and payment processing. Depending on your budget, sales volume, or industry, you may want additional features such as bulk upload or real-time stock inventory tools.
Replicating Success In The E-Commerce World: A Case Study With James Khuri
Thanks to platforms like Shopify, BigCommerce, and Woocommerce, it's become easier than ever for entrepreneurs with no previous business experience to start an e-commerce business.
For those with some business savvy and knowledge, it's even possible to grow those e-commerce businesses to six, seven, or eight figures. But doing it nine times over? That takes not only a strong innovative spirit but real business savvy as well.
US forecasting shocks 2020: Ecommerce and overall commerce - Insider Intelligence Trends,
Due to widespread commercial lockdowns and quarantine-related personal restrictions, US consumers overwhelmingly reduced spending on services and entertainment this year (restaurants, bars, salons, travel, events, education, etc.). This in turn led to an unexpectedly strong outcome for spending on certain retail goods, as households used the suddenly available cash to splurge on consumer electronics, home furnishings, groceries, and a range of other products.
Perhaps the most consequential digital story of 2020, the widespread embrace of ecommerce during the pandemic unexpectedly accelerated the channel's progress by almost two years. In January, we forecast total ecommerce sales would be $674.88 billion in 2020; now we have that figure well over $100 billion higher, at $794.50 billion. On the flipside, in-person shopping took a massive hit.
Pandemic-fueled embrace of e-commerce will accelerate digital transformation beyond basics in
According to research from Mercatus, online grocery sales accounted for only 2.7% of the $993 billion of total sales in 2018 and 3.4% of the $1.02 trillion of grocery sales in 2019, but as consumers looked for contactless shopping options in 2020 to reduce the risk of exposure to the coronavirus, this percentage jumped to 10.2% of the projected $1.04 trillion spent on groceries this year and is predicted to reach a whopping 21.5% of total grocery sales by 2025.
The rapid adoption of online grocery shopping has created new ways for retailers and brands to engage with consumers, but to fully maximize the platform's potential, access to and affordability of e-commerce must improve in 2021, argues Sylvain Perrier, president and CEO of Mercatus.
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