Whether your small business is well-established, just starting out, or somewhere in between, having a dedicated online presence is a must. Why is this such a necessity? Consider these statistics: As of 2023, over 4.88 billion people globally are internet users. Around 97% of consumers go online to find and research local businesses. Over 70%...
Tag: E-commerce
What is a Conversion Funnel?
The ecommerce term Conversion funnel describes the various stages of a buyer's journey that leads to a purchase
What is the digital shopping neighborhood?
Much like our working lives, the pandemic forced retail to move entirely online. With this seismic shift, shoppers’ expectations have grown: customers no longer expect smooth transactions and prompt delivery. It’s now a standard expectation. At the same time, consumers all over the world want an enjoyable and rewarding online shopping experience and experience a...
Ecommerce grows 32% in Q4 2020 in the U.S.
In 2020, ecommerce accounted for 75% of the gains in total retail sales in the U.S. This is mainly due to the COVID-19 pandemic that accelerated shifts in consumer shopping behavior. Merchants experienced tremendous growth rates in online commerce. For many merchants, the holiday season is where the make most of their money. During the...
Woolworths launches automated eStore in Melbourne
Woolworths in Australia is accelerating the delivery of online orders and potentially improve order accuracy by applying novel technology. The rollout starts with an automated eStore at its Carrum Downs supermarket in Melbourne. The goal is to reduce aisle congestion for in-store customers, since Woolworths’ personal shoppers choose most items from inventory without having to...
Amazon is using coronavirus to expand its power – and not for the greater good | Julia Carrie Wong | Technology | The Guardian
Amazon might transform from “the everything store” to the only store. In the midst of the corona crisis Amazon is showing its power. It acts like a government by mass hireing people and raising wages. Also, it regulates the market: Amazon decided to stop accepting non-essential products from third-party sellers. This hurts smaller businesses who...
