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KPIs or Key Performance Indicators measure the performance of any given thing. Talking about ecommerce businesses, KPIs help ecommerce website/ store owners, marketing managers, and webmasters to determine whether the site/store is successful, and if not, how to improvise it for better revenue.
You do not have to be an expert to understand and acknowledge the revolution brought by ecommerce in the retail world. Ecommerce plays a vital role in our everyday lives. Moreover, it is redefining commercial activities across the globe. Over time, ecommerce has unfolded in profound ways. Whether
Assume that you get insights into your store well in advance to understand the issues even before the customers point it out to the customer support team. As an online seller, not only would these data help your business grow, but also help you draft your marketing strategies, determine the best
Referral marketing programs are known to be one of the most effective ways to develop your ecommerce business. With the right use of your existing customers and loved ones, you can multiply your sales as well as customer base into infinite folds. Your monetary investments in implementing a referral
Nina Lekhi, Founder of Baggit: Nina’s creative mind and enthusiasm for bags and colours led her to create one of India’s most popular brands ‘Baggit.’ The idea of the brand is to create ‘bags with attitude.’ With the right attitude, colours, fashion, and bags she is able to make her empire in
Rashi Jha, Footwear Shop Owner - When I discovered Builderfly, I thought it would be like every other platform that promotes people to sell online but has a complicated registration process. But in this case, they were just myths. The platform has helped me to grow my business.
With this stat in place and the increasing stats for cross-border ecommerce, we must understand that this trend is not fading any sooner. The quicker you adapt to this trend, the higher are your chances to get an advantage over your competitors. Since we know the difficulties you might face in the
Making up your mind to switch from your traditional business to electronic commerce or ecommerce is a great leap towards success. Starting with an ecommerce business While some of your business operations and processes may remain the same,
According to reports from Statista, the worldwide mobile app revenue is estimated to reach $935.2 billion by 2023. Another report from Statista revealed that in the third quarter of 2020, about 28.3 billion apps were downloaded from Google Play and about 8.2 million from Apple App Store.
Reliance is already taking over the Indian market through its many successful attempts such as the PoS Terminals. It is aiming to lead the ecommerce as well as the Fintech space in India by leveraging the Infocomm of Reliance Jio’s Point of Sale