Starting and growing an eCommerce store is a worthy investment for any entrepreneur or brand. According to 99Firms's eCommerce Statistics for 2020, the eCommerce market is not only thriving but expected to be one of the top trillion-dollar industries. As we know, eCommerce is now a vital part of the online ecosystem and lead funnel.
By 2040, as much as 95% of shopping will be facilitated by eCommerce. This means good news to eCommerce owners like yourself, who will be in high demand. But it's also bad news for you because it means the competition in eCommerce is going to be even more fierce than ever. So it should be
When it comes to running a successful eCommerce business, new avenues of customer acquisition and conversions must be pursued constantly. Sending out daily social media posts or flooding a prospect’s inbox with random newsletter notifications and promotions isn’t enough to drive consistent growth alone. Instead, you need to connect with consumers on multiple
In recent years, the e-commerce industry grew from $1.84 billion in 2016 to the estimated $3.45 billion this year. Such growth causes a great increase in competition between businesses and motivates e-commerce marketers to look for new and effective ways to attract new clients and retain the existing ones. Joseph Sugarman, one of
The average ecommerce website converts visitors at about 3% - meaning 97% of the visitors you pay to drive to your website end up buying. Even if you get someone to add something to their shopping cart, around 70% of them will abandon it. You need to turn more of your website visitors into customers.