Here you’ll find digital commerce explained and a clear idea of what digital commerce success means and the issues that affect it. The term digital commerce explained – digital commerce enables customers to purchase goods and services through an interactive and self-service experience. That means digital commerce involves a purchase of goods and services, provides … Continue reading Digital Commerce Explained – Business Models and Success Factors
The key advantages of market research is that it could mean the difference between life and death for a business. Studies have repeatedly found that new ventures fail because founders neglect to look at the market before starting the business. Failing to look at the market can lead to problems like entering an intensely competitive … Continue reading What is Market Research and its Advantages? – In-Depth Version
Your eCommerce business sells online. If you don’t accept payments also online, the business is unlikely to prosper. In these days of many online payment options, buyers tend to have their favourite options. Unless you allow them to shop with their favourite payment gateway for eCommerce, you could lose significant volumes of business. In this … Continue reading Payment Gateway for Ecommerce Businesses – Tips and Providers
Many retailers can’t wait to start exploring different opportunities that come with 5G. However, there are others who dread to think about whether we need more computing power. Different management consultation providers collaborate to understand the 5G impact on retail, omnichannel, and m-commerce. This article is an introduction to the 5G impact on retail and … Continue reading What is 5G and its Impact on Retail?
With consumers relying on online shopping for so many things these days, it is no wonder that a research has estimated that 95% of purchases will be made online by 2040. But with competition growing in ecommerce, it’s important to focus on one part that not only brings more customers to your business but also … Continue reading 5 Tips to Improve the Ecommerce Experience in 2021
Once you have a product that is selling in the market you can expand operations in two ways. First, you can improve an existing product to sell more of it or second, you can introduce a completely new product. Introducing a new product into the market is an expensive and high risk option. You have … Continue reading Improve Marketability of an Existing Product