Data, data everywhere, and not a drop to use. Ecommerce is swimming in data, but how do you wrangle it into a single source and harness its true power? Here is what successful ecommerce brands have in common.
Today’s shoppers increasingly are digital natives, which means they prefer technology-based solutions and hold high expectations when it comes to the end-user experience. In fact, recent market research found that 86% of shoppers are willing to pay more for a better customer experience.
Gone are the days when buyers relied exclusively on cash, checks and credit cards to conduct financial transactions. Today, digital transformation and next-gen technology are dramatically transforming payment methods, processes and systems.
GNC announced plans to close 900 stores or about half of its total portfolio, with a focus on underperforming mall locations, part of the overall trend of thousands of store closures as fewer people hit the doors with ecommerce growing.
Total back-to-school spending is expected to reach $80.7 billion, down from $82.7 billion last year, according to The National Retail Federation’s annual survey. Here is what retailers can expect from shoppers this school season.
As the world of commerce becomes increasingly omnichannel, the boundaries that once clearly separated ecommerce markets have begun to fade away. Whereas a brand might have traditionally kept business-to-business (B2B) sales and business-to-consumer (B2C) sales in siloes, today’s connected commerce experiences have created a new selling environment: B2B2C.
Children might be at the beaches and just beginning summer camp, but back-to-school pundits are busy, with Deloitte predicting total spend of $27.8 billion, up slightly from $27.6 billion last year, for an average of $519 per U.S. household.
It was the power of paying attention that led Andy Dunn, senior vice president of digital consumer brand for Walmart, to launch online men’s apparel brand Bonobos and ultimately change the way he looked at retail.
Dog owner apparel and accessories brand I’d Rather Be with My Dog does more than sell apparel and accessories for dog owners. It has made it a mission to give back to animal rescue organizations and animal-related causes.
It takes guts to start a business, particularly in the crowded and competitive world of retail. Besides courage, you’ll need a lot of determination and resilience. Here are five tips to go from a retail startup to an ecommerce powerhouse.