Top 2023 resources on total

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• 15 Mind-Blowing Stats About The B2B Buyer's Journey In 2020 - The experiences that people encounter in their everyday lives as consumers are now shaping their expectations in the B2B world, too. Indeed, the lines continue to blur between B2B and B2C buyers, and it is this realization that has many companies playing catch-up with their B2B eCommerce strategies. So what does the modern B2B buyer’s journey look like? 
  Topics: buyers, stats, purchase, journey, total, source, companies, b2b, zfort, sales, mindblowing, ecommerce.
• 15 Mind-Blowing Stats To Guide Your eCommerce Strategy In 2020 - Although eCommerce is still a relatively small part of overall retail sales, online shopping is growing for both business and consumer buyers. In this edition of “Mind-Blowing Stats,” we take a look at the state of eCommerce, how and how much people and businesses buy online, and what eCommerce trends to expect in the future. Read more.
  Topics: sales, customers, global, strategy, ecommerce, total, source, stats, shopping, consumers, mindblowing, guide, nearly, online.
• 2019 Holiday Sales Wrap-up - The 2019 holiday shopping season exhibited mixed results, with online revenues growing substantially but brick-and-mortar sales showing meager or negative growth. The entire holiday season — November 1 through December 31 — saw a modest total increase in overall revenues.
  Topics: billion, sales, smartphones, total, retailers, online, holiday, wrapup, increase, reported, stores.
• 2022 Shopify Revenue, Statistics, and Usage Numbers - You know Shopify is a big deal. Millions of merchants use it every day. On a global scale, it has grown from a fledgling Canadian startup to a behemoth amongst ecommerce platforms. But how big is Shopify Inc., really? In… Continue reading 2022 Shopify Revenue, Statistics, and Usage Numbers
  Topics: usage, store, revenue, solutions, subscription, statistics, numbers, merchant, merchants, total, growth, shopify.
• 24% of ecommerce in Europe is cross-border - The total online cross-border market (excluding travel) in Europe represented a turnover of 108.75 billion euros in 2019. This is an increase of 14.4 percent compared to the situation one year before. The cross-border share represents 23.55 percent of total online sales in Europe, which is similar to the situation… Continue reading
  Topics: sales, europe, total, online, crossborder, ecommerce, countries, share.
• 25.5% of ecommerce in Europe is cross-border - The online cross-border market in Europe was worth 146 billion euros in 2020. This is an increase of 35 percent compared to the situation one year before. The cross-border share represents 25.5 percent of total online sales in Europe. The cross-border share is slowly increasing. In 2018 it was 22.8… Continue reading
  Topics: pandora, europe, crossborder, online, euros, sales, billion, total, place, hm, ecommerce.
• 3 Key Concerns When Evaluating a New Composable Commerce Approach - A little over a year has gone by since Composable Commerce was pioneered and subsequently caught fire in the eCommerce world. How are players embracing the movement? Is it all that it was cracked up to be? Does a Composable Commerce approach overcome the 3 main concerns practitioners have when evaluating an eCommerce solution? Namely, concerns around Total Cost Ownership, rapidly adapting to market & consumer needs, integration with other tools. Partnering with Ignite research, we extensively surveyed professionals in the sector to get a feel for their understanding and journeys so far. Spoiler: most practitioners are well on their way to adopting a Composable Commerce approach if they haven’t already implemented one. The benefits, in some cases, surpassed expectations, with the overriding opinion that this is only the beginning. Before we dive into the nuances, let us briefly recap what Composable Commerce is. A far cry from the ‘traditional monolith’ platforms that started the eCommerce wave, Composable Commerce allows a company to leverage the “best-of-breed” solutions that power facets of their eCommerce engine, allowing them to create bespoke experiences to delight their customers. In a nutshell, it is an approach that leverages modern technology like microservices, APIs, Cloud, Headless, and JAMstack (JavascriptJavaScript, APIs, markup), in an open ecosystem that truly enables a practitioner to build an eCommerce experience that enables achieving and surpassing your business-centric goals. Composable Commerce: Key Concerns With Existing eCommerce Platforms Of the respondents, a whopping 95% believed that Composable Commerce is the future of their business. Why? While priorities may differ, respondents across industries agree on the key concerns of their current eCommerce solution. The top 3 areas are: Quickly adjusting to market and consumer needs (37%) Integrating with other tools (36%) The high total cost of ownership (35%) Practitioners recognize these issues and more importantly, how Composable Commerce can help them tackle those concerns now and in the future. While 58% of respondents already employ a Composable Commerce approach, of those who do not currently use a Composable Commerce approach, 62% are researching, and a further 29% are evaluating options.   Let’s Talk Total Cost Ownership A crucial concern in the evaluation of an eCommerce platform, the total cost of ownership(TCO), there are pleasant surprises in store with a Composable Commerce approach. Of those that have implemented a Composable Commerce solution, over 80% expected to see Total Cost of Ownership savings over the next 3 years. Breaking down these savings, 62% expect a 25% reduction in costs over the next 3 years, and 19% of respondents expecting savings of 50% over the same time. By design, Composable Commerce is built for change. Need to implement a self-check-out option to keep up with the market? It is an easy and quick addition with a Composable Commerce approach, in contrast to a traditional monolith platform’s implementation. On a monolith, the implementation would usually incur higher developer costs, more lengthy and painstaking testing, and in some cases relying on an implementation partner’s availability. For a more detailed breakdown of what to expect on the cost front, check out our guide to total cost ownership here. While the benefits from a TCO perspective will continue to roll in well into the future, what about getting started with a Composable Commerce approach? A significant change in methodology can be daunting with the perceived complexity of this approach. Unsurprisingly, however, 81% of practitioners using a composable approach were able to implement it within 6 months! In addition, those who have implemented a Composable Commerce approach say that it took only one month to implement additions from third parties to their commerce solution.   Looking to implement a headless approach? Our comprehensive guide to getting started with headless commerce will teach you more about the architecture, how to work with the front-end of your choice, and how to choose a platform that fits your needs. Read the Guide   Is Composable Commerce Right for Your Business?   Catch yourself thinking “but is this really a fit for my unique business?” We get it, differentiating your brand and products is tough to do in today's saturated marketplace. The true power of a Composable Commerce approach is the ability to control and deliver a unique and unparalleled experience for your customers across touchpoints both old and emerging. Another key concern of practitioners is the ability to manage and add to their commerce solution themselves. Once again, the proof is in the pudding. Of those that implemented a Composable Commerce solution, 50% of respondents were making changes on their own to keep up with the evolving needs of their customers. You guessed it, that also means further savings. Additionally, they also reported that integrating with other tools (53%) and providing a consistent user experience (52%) was now easier than before. The benefits are spread across the business and technology teams, which makes a Composable Commerce approach a no-brainer in our eyes. What does that mean for your business? Implementing third-party tools, following the “best-of-breed” approach allows you to quickly optimize existing or add new channels. Let’s take another example if you notice there may be an upside in switching search capability on your eCommerce offering. Composable Commerce allows you to make the swap significantly faster than if it were to be changed (if at all possible) in a traditional monolith platform. This freedom and speed allow you to optimize your experience to delight your customers, delivering and surpassing your business goals.   Next Steps See what else the other respondents had to say, check out the full report here. Ready to take the plunge? We'd love to connect and see how we can make Composable Commerce work for you, sign up for a demo here.
  Topics: solution, evaluating, concerns, respondents, ecommerce, approach, business, cost, total, commerce, composable.
• 3 Predictions for the 2019 Holiday Shopping Season - Many trends will emerge from the 2019 Christmas shopping season, but I believe three will be prominent. First, click-and-collect may encourage shoppers to wait for last-minute deals and convenience. Second, mobile commerce will come into its own. And third, Amazon will account for nearly half of all online holiday sales in 2019.
  Topics: commerce, sales, shopping, mobile, holiday, total, christmas, predictions, online, season.
• 5 Best Practices For Optimizing The Mobile eCommerce Funnel - The Mobile Optimization Initiative (MOI) was formed to better understand the gap in mobile and desktop conversion. So far it has conducted more than 130 standardized experiments backed by real-world data. In this article, we deep-dive into some of the experiments as well as their learnings, which any merchant could easily apply to its mobile eCommerce strategy. Read more.
  Topics: experiment, lift, funnel, optimizing, addtocart, best, mobile, practices, ecommerce, checkout, button, cart, total, rpv.
• 67 Key Performance Indicators (KPIs) for Ecommerce - Tracking and analyzing key performance indicators (KPIs) is crucial to improving and growing your ecommerce business. Find out what a KPI is, see 60+ examples of KPIs to consider for your business, and access templates to help you get started.More
  Topics: customer, average, kpi, kpis, key, performance, indicators, total, tells, site, number, ecommerce, rate.
• Alibaba Group’s Hong Kong IPO confirmed - Alibaba Group has launched its Hong Kong public offering of 500,000,000 new ordinary shares on the SEHK.
  Topics: public, ipo, kong, offering, confirmed, retail, groups, shares, hong, total, traded, participate, alibaba.
• Amazon enters Austrian retail top 10 for first time - For the first time, Amazon has entered the top 10 of the biggest retailers in Austria. The country’s retail trade association, Handelsverband Österreich, has compiled a new list of the top 100 retailers in Austria and after ending in eleventh place last year, Amazon now ranks ninth. Handelsverband Österreich releases… Continue reading
  Topics: list, retail, enters, turnover, million, retailers, billion, total, euros, amazon, austrian.
• Amazon is the online store Germans spend most time on - It may not come as a surprise, but of all online stores German consumers visit, Amazon is the one they spend the most of their time. The top ten of online stores where users spend the most time also consists of Chinese ecommerce giant AliExpress, shopping app Wish and online Continue reading
  Topics: amazon, german, stores, consumers, spend, users, total, germans, online, shopping, store, germany.
• Amazon says it will add 1,000 more employees in the UK, bringing the total to 28,500, bucking the Brexit chill - A lot of uncertainty hangs over the U.K. as it continues its slow march out of the European Union, but today one of the world’s biggest companies announced plans to expand its presence in the country. Amazon today said it would add another 1,000 workers in the U.K., including establishing its first corporate and R&D […]
  Topics: chill, companies, presence, bringing, company, employees, brexit, today, announced, uk, taxes, total, working, rd, bucking, add, amazon.
• Annual retail sales via internet are up - The volume of retail sales via mail order houses or the internet keeps on growing in Europe. In 2017, the figures show a year-on-year increase of 12 percent in the European Union. Estonia showed the largest annual growth, while there were falls in Finland and Portugal. This is shown by… Continue reading
  Topics: mail, annual, european, retail, total, union, growth, sales, internet.
• Beauty startup Goodiebox from Denmark raises €5.7 million - Goodiebox, a beauty box subscription service from Denmark, has raised 5.7 million euros in a Series A funding round. Among the investors are new and existing parties, including InQvation and the Danish Growth Fund. The beauty-tech startup says it wants to use the new investment money to grow further in… Continue reading
  Topics: subscription, markets, denmark, company, total, goodiebox, europe, million, raises, startup, euros, beauty, subscribers.
• Berlin Brands Group’s sales grew 54% to €335 million - Berlin Brands Group, which acquires ecommerce brands and Amazon retailers, has had a good year. In 2020, the group’s sales increased by 54 percent to 400 million dollars, which corresponds to 335 million euros. Its profit was in the “mid-double-digit million range”. The brand group currently sells over 3,000 products… Continue reading
  Topics: berlin, ecommerce, organically, groups, group, euros, grew, sales, brands, total, million, shipped, items.
• Brazil’s Petlove raises $150M from Riverwood, SoftBank to sell pet products and services online - Petlove&Co, a São Paulo-based digital platform for products and services for the pet market, announced today that it has raised about $150 million (R$750 million) in a funding round led by Riverwood Capital. The round is nearly double that of what Petlove has raised in its history. The company started its life as PetSuperMarket when […]
  Topics: company, round, raised, pet, techcrunch, million, petlove, online, softbank, sell, raises, services, market, according, total, riverwood, products.
• Charts: 2020 Cross-border Ecommerce Purchases by Country - Advances in technology and logistics have facilitated the growth of cross-border ecommerce sales.  We've analyzed data from 2020 for the total retail ecommerce purchases by country versus the amount of cross-border purchases and the percentage of cross-border to the total.
  Topics: purchased, purchases, ecommerce, country, countries, goods, retail, billion, crossborder, charts, data, total.
• Charts: 2020 Global Ecommerce Sales - The Asia Pacific region generated roughly 62.6 percent of 2020 global ecommerce sales. North America was second at 19.1 percent, followed by Western Europe (13.0 percent), Central and Eastern Europe (2.4 percent), Latin America (2.1 percent), and the Middle East and Africa (1.1 percent).
  Topics: charts, worldwidechinas, sales, europe, uk, global, ecommerce, total, america, western.
• Charts: Ecommerce in the Middle East (Stats and Outlook) - The Gulf Cooperation Council is a regional, intergovernmental political and economic union in the Middle East. In 2015, ecommerce revenue in the GCC was $5.3 billion, or just 0.4% of gross domestic product. By 2020, revenue had quadrupled to $21.6 billion.
  Topics: outlook, kearney, total, charts, gcc, east, roughly, ecommerce, revenue, middle, billion, growth, projects, stats, sales.
• Charts: Growth of Global Payments, Cryptocurrencies - The shift to digital commerce has translated into a dramatic increase in global payment volume. In four charts, we illustrate the historical and projected payments growth worldwide and by region, as well as the rising use of cryptocurrencies.
  Topics: chainalysis, global, transactions, index, cryptocurrencies, growth, report, worldwide, charts, payments, trillion, total.
• Charts: Shopify’s Share of Global Websites, Ecommerce Sales - Shopify launched in 2004 in Ottawa, Canada, when its founders were dissatisfied with existing platforms to sell their snowboarding gear.  Fast forward to 2020, and Shopify is a global brand. Total 2020 revenue will exceed $2 billion. Its common shares trade at roughly $1,000 each.
  Topics: shopify, websites, sales, sell, ecommerce, shopifys, dec, global, total, charts, revenue, share, roughly.
• Charts: U.S. Direct-to-consumer Sales 2018 to 2020 - The growth in U.S. direct-to-consumer ecommerce sales continues, albeit at a slower rate. In 2018, year-over-year growth was 56.6 percent. In 2020, it was 24.3 percent.
  Topics: charts, total, represented, roughly, directtoconsumer, growth, ecommerce, sales, retail.
• Charts: U.S. Retail Ecommerce Sales Q3 2020 – Q3 2021 - The outset of the pandemic dramatically shifted consumer buying patterns in the U.S. Since then, traditional retail has stabilized. We analyze in three charts ecommerce's share of total quarterly U.S. retail ecommerce sales.
  Topics: total, q3, united, charts, quarter, department, sales, commerce, retail, ecommerce.
• Charts: U.S. Retail Ecommerce Sales Q4 2021 - Fourth-quarter 2021 U.S. retail ecommerce sales increased but at a lower percentage than in-store growth. Thus the percentage of ecommerce to total U.S. retail sales decreased in Q4. We explain in three charts.
  Topics: total, department, ecommerce, charts, grew, electronic, retail, q4, sales, online.
• Correos sent over 106 million parcels in 2018 - Correos, the national postal service of Spain, has distributed more than 106 million packages in 2018. This represents an increase of 61 percent compared to the total amount of packages it managed during the year before. The numbers indicate that Correos sent, on average, 9 million packages every month during… Continue reading
  Topics: spain, correos, total, million, growth, packages, parcels, distributed, increase, sent, ecommerce, shipments.
• Coupang may raise up to $3.6 billion in its IPO, at a potential valuation of $51 billion - According to an amended S-1 filing, South Korean e-commerce leader Coupang expects to price its initial public offering between $27 to $30 per share, potentially raising up to $3.6 billion. After the IPO, Coupang will have a total of 1.7 billion shares outstanding, including Class A and Class B. This means the pricing would give […]
  Topics: total, raise, coupang, valuation, softbank, ipo, techcrunch, coupangs, vision, billion, shares, class, potential.
• Cratejoy sheds nearly half of workforce amid restructuring effort - Cratejoy, a startup founded in 2014, helps businesses launch and scale their own subscription box services.
  Topics: amid, ventures, cratejoy, y, total, nearly, techcrunch, workforce, restructuring, fund, half, venture, tote, startup, effort, subscription, sheds.
• Daily Crunch: Cyber Monday is bigger than ever - The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Cyber Monday totalled $9.2B in US online sales, smartphones accounted for a record $3B Cyber Monday — the final day of […]
  Topics: cyber, black, techcrunch, bigger, work, facebook, widow, crunch, thanksgiving, twitters, total, privacy, ad, twitter, daily.
• E-commerce optimization startup Tradeswell raises $15.5M - After launching in October, Tradeswell is announcing today that it has raised $15.5 million in Series A funding. Co-founder and CEO Paul Palmieri previously led digital ad company Millennial Media (now owned by TechCrunch’s parent company Verizon Media), and he said the e-commerce market today is similar to the online ad market when he was […]
  Topics: raises, led, total, 155m, online, platform, tradeswell, company, businesses, optimization, techcrunch, ecommerce, today, market, startup.
• EBay paid $573M to buy Japanese e-commerce platform Qoo10, filing reveals - EBay is a very distant second behind Amazon when it comes to e-commerce sales in the U.S., but abroad — and in particular in Asia — it is willing to invest to grow its footprint in a targeted way. In February, eBay paid a total of $573 million to acquire Qoo10, a Japanese sales platform, […]
  Topics: total, deal, ebay, revenue, companys, sales, india, acquisition, japanese, platform, ecommerce, filing, reveals, paid, buy, million, qoo10, 573m.
• Ecommerce accounts for 10% of Inditex’s sales - Spanish fashion giant Inditex says online sales now account for 10 percent of its global total. In 47 markets around the world, Inditex has one or several ecommerce platforms available and these online sales increased by 41 percent compared to last year. Inditex CEO Pablo Isla shared these numbers during Continue reading
  Topics: inditexs, total, increased, accounts, online, zara, store, brands, sales, ecommerce, inditex.
• Ecommerce in Europe was worth €534 billion in 2017 - Ecommerce in Europe has once again shown some double-digit growth. The total ecommerce turnover in Europe increased by 11 percent last year, making it worth 534 billion euros. For the current year, a growth rate of 13 percent is expected, which would mean ecommerce in Europe will be worth 602 Continue reading
  Topics: amazon, ecommerce, european, europe, crossborder, billion, growth, worth, online, total.
• Ecommerce in Q2 Takes a (Much) Bigger Share of Total Retail Market - The U.S. Department of Commerce reports that ecommerce as a percent of all retail sales jumped from 11.8 percent in the first quarter of 2020 to 16.1 percent in the second quarter, representing a 31.8 percent increase to $211.5 billion. The data also shows a 44.5 percent bump from the second quarter of 2019, adjusted for seasonal variations.
  Topics: shopping, total, share, takes, q2, quarter, retail, season, market, sales, ecommerce, second, stores, bigger, holiday.
• Ecommerce in the Netherlands: €25.8 billion in 2019 - Ecommerce in the Netherlands was worth 25.8 billion euros last year. This is an increase of 7 percent compared to the situation one year before. The Dutch online retail industry grew mostly because of an increase in online grocery purchases. The 7 percent growth of last year is lower than… Continue reading
  Topics: total, situation, industry, billion, ecommerce, dutch, retail, online, number, purchases, netherlands.
• Email Analytics: The 8 Email Marketing Metrics & KPIs You Should Be Tracking - There's a lot to say when it comes to how to do email marketing well. We could talk for days about the most critical components of an optimized email, common email marketing mistakes you might be making, and examples of brilliant email marketing that will inspire you.
  Topics: marketing, total, email, list, kpis, rate, metrics, analytics, recipients, emails, number, tracking.
• European ecommerce was worth 757 billion euros in 2020 - In 2020, ecommerce within Europe has kept on growing. The total worth of European ecommerce grew to 757 billion euros. This is a 10 percent growth from 690 billion euros in 2019. Over the last years, there has been a steady increase in the number and share of online shoppers… Continue reading
  Topics: digital, euros, european, europe, total, growth, ecommerce, sector, worth, online, transformation, billion.
• Fashion retail group Tendam’s online sales grow 29.4% - Tendam, the Spanish fashion retail group that was formerly known as the Cortefiel Group, saw its online sales grow by 29.4 percent last year. Online sales now account for almost 8 percent of the company’s total sales in Spain. This is one of the results Tendam posted with regards to… Continue reading
  Topics: retail, fashion, group, online, stores, tendam, cortefiel, grow, tendams, sales, total, service, spain, store.
• FedEx ends express delivery contract with Amazon - FedEx will not renew a contract with Amazon to provide express delivery for the e-commerce giant’s packages in the United States. FedEx, which made the announcement Friday, said in a statement the change would not affect other existing contracts with Amazon or international services. FedEx Express only impacts air services. FedEx will still serve as […]
  Topics: express, techcrunch, fedex, total, ends, bot, startup, sameday, ecommerce, amazon, statement, contract, services, delivery.
• H&M is almost more present online than offline - The online branches of H&M Group are slowly surpassing the offline stores when it comes to geographical presence. Four of the total of nine H&M brands are even bigger online than they are in the physical world. Cheap Monday and Arket are the brands of H&M Group that proportionally have Continue reading
  Topics: online, hm, sells, total, soon, sales, present, channel, physical, offline, group, store.
• How Many Visitors Should Your Website Get? [Data from 400+ Web Traffic Analysts] - If you run a website, then you've likely spent time creating and optimizing a marketing strategy to drive traffic to your website. But how many visitors should you aim for your website to get?
  Topics: rate, traffic, monthly, hubspot, web, data, content, websites, visitors, analysts, total, website.
• How to Blend Web Analytics and Digital Marketing Analytics to Grow Better - Measuring the effectiveness of digital marketing is one of the greatest challenges facing organizations today. Successfully evaluating the impact of marketing campaigns requires the use of comprehensive digital marketing analytics. When most marketers hear the term "digital analytics," however, they tend to think of the web-based metrics typically associated with familiar analytics like Google Analytics which analyzes traffic, bounce rate, and unique visitors.
  Topics: leads, web, data, analytics, social, blend, metrics, number, email, better, total, marketing, digital, grow.
• How to Manage, Visualize KPIs for Ecommerce - This post will offer a framework for identifying, tracking, and visualizing key performance indicators. It applies to all company sizes — big and small. Start by establishing the most important metrics for your business.
  Topics: manage, revenue, kpis, size, marketing, number, profit, customers, divide, typically, ecommerce, visualize, products, total.
• LetGo, the 2nd-hand shopping app, raises another $500M at over a $1.5B valuation - LetGo, the app-based marketplace for people to sell each other second-hand goods, has nabbed a great deal of its own. Today, the startup announced that it has picked up an extra $500 million in funding from Naspers, the South African e-commerce and media giant, which it plans to use to double down on growth, both […]
  Topics: secondhand, letgo, total, million, billion, company, valuation, shopping, app, 2ndhand, growth, space, goods, raises, 15b, 500m.
• Live streaming helps Lazada sellers boost sales during lockdowns - Southeast Asian e-commerce platform Lazada says total gross merchandise volume (GMV) generated through its LazLive livestreaming service increased by 45 per cent month-on-month during April.
  Topics: viewers, consumers, boost, cent, lockdowns, lazada, total, lazlive, service, brands, streaming, southeast, helps, live, sellers, sales.
• Lotte Duty Free online sales surge - Online store sales at Lotte Duty Free increased by 49 per cent to US$1.85 billion during the first half of this year.
  Topics: surge, free, total, trillion, targeting, lotte, firm, traditional, cent, duty, sales, services, store, online.
• Lowering Total Cost of Ownership Through iPaaS Adoption - SaaS applications help businesses create well-functioning systems in this digital age, but they bring more value to the organization when connected. Read more.
  Topics: lowering, ecommerce, businesses, business, tco, total, ownership, data, systems, adoption, solution, ipaas, cost, costs, software.
• Mind the gap: E-commerce marketers should revise their TAM and SAM estimates - Have you built your total addressable market (TAM) and serviceable addressable market (SAM) estimates for 2021 considering how things evolved in 2020?
  Topics: shopify, revenue, total, sam, techcrunch, marketers, tam, gap, mind, ecommerce, estimates, market, revise, addressable, simplest.
• News Cart for April 10th - Today’s specials include: Amazon treads lightly amid antitrust scrutiny, clicks beat out bricks, and big things are happening at Klaviyo. Delve into these and other stories in the ECF  News Cart for April 10th, 2019. You can also listen to this week’s news roundup on the podcast via iTunes, Stitcher or the ECF Blog. Subscribe: iTunes | Stitcher In the News: Amazon Quietly [...]
  Topics: job, total, sales, google, magento, scrutiny, 10th, order, ecf, quietly, stores, cart.
• Number of online stores in Austria has tripled in ten years - Last year, there were about 9,000 retailers across Austria that sold online. This means that the number of online stores in this European country has nearly tripled over the past ten years. Also during the same period, the number of online shoppers in Austria has doubled. This is shown in Continue reading
  Topics: online, stores, austria, retail, tripled, retailers, research, number, euros, total.
• Poland: 5,500 new online stores in first half year - During the first half of this year, about 5,500 new online stores were registered in Poland. At the same time 2,000 got shut down. But some think the recent boom in ecommerce, due to the pandemic, won’t last long. Consumption in Poland is booming. In June, retail sales increased by… Continue reading
  Topics: poland, pandemic, total, online, worth, half, sales, ecommerce, recent, stores.
• Print-on-demand platform Moteefe raises €4.5 million - Moteefe, a Dutch platform for on-demand production of merchandise, has raised 5 million dollars (4.54 million euros) in a Series A round led by Gresham House and Force Over Mass Capital. The money will be used for further expansion across the globe, launching new products for large retailers and scaling… Continue reading
  Topics: euros, platform, round, total, merchandise, service, retailers, raised, moteefe, raises, million, printondemand.
• Remove These Distractions to Lower Cart Abandons - Cart abandonment rates remain high. I've seen estimates in 2021 ranging from 50% to 80% depending on the product and industry. A common culprit is sticker shock from excessive shipping and handling fees. Another is distractions: unnecessary or confusing checkout fields. In this post, I'll address steps to streamline checkouts to save the sale.
  Topics: code, shoppers, total, links, fields, remove, checkout, cart, distractions, coupon, page, abandons, product, lower.
• Save Money on Inventory with EOQ - An American production engineer developed the economic order quantity (EOQ) model to help buyers at manufacturing companies understand how much of a given raw material or part they should buy. Many companies now use EOQ to calculate the ideal amount of inventory to minimize costs.
  Topics: save, cost, money, order, inventory, eoq, costs, ordering, unit, total, carrying, demand.
• Senreve raises funds for Asian expansion - Online fashion startup Senreve has raised US$16.75 million in Series A funding to expand into the fast-growing Asian market.
  Topics: senreve, raises, funding, venture, startup, total, norwest, asian, partner, capital, wendy, expansion, coral, funds.
• Shopback wins investment from Singapore state fund - Singaporean cashback startup Shopback has secured around US$30 million in investment from state fund Tamasek, alongside existing investors.
  Topics: investment, capital, million, deal, shopback, us113, wins, fund, cashback, singapore, ventures, state, total.
• Shöpping.at increasingly popular due to Covid-19 - Shöpping.at, the online shopping platform launched by Austrian Post, sees the number of visitors being quadrupled since the coronavirus measures in Austria were put in action. Both customers and retailers are showing growing interest in the online marketplace. Ecommerce and patriotism among consumers are growing in Austria. Shöpping.at, the online… Continue reading
  Topics: austrian, shöppingat, launched, visitors, increasingly, total, retailers, online, platform, growing, popular, covid19, signed.
• Social Media Demographics by Platform - Social media marketing can make or break an ecommerce company. But knowing which social site to focus on is often difficult. To that end, I've compiled critical audience demographics for the leading social platforms. What follows will hopefully assist in identifying the best options for your business.
  Topics: users, age, distribution, platform, roughly, media, platforms, active, female, demographics, total, social.
• TAM SAM SOM: What Do They Mean & How Do You Calculate Them? - With all the excitement that comes with starting a new company and gauging its industry’s profit potential or forecasting a revenue goal for your business, you must remember to root these figures in reality.
  Topics: calculate, service, tam, market, addressable, product, total, serviceable, revenue, sam, business, mean, som.
• The 2 Simple & Straightforward Methods for Market Sizing Your Business - When you’re considering a new venture, one of the first things you should do is determine whether there is a valuable market for it.
  Topics: business, sizing, methods, straightforward, total, liquor, determine, size, potential, revenue, target, simple, market.
• The Unexpected Pros & Cons of Sign-On Bonuses - Negotiating salary with candidates can sometimes be tricky -- particularly if you're extremely excited about a potential candidate, but she's asking for salary well-above the set salary range for the role.
  Topics: offer, salary, compensation, company, bonus, total, unexpected, cons, pros, candidates, bonuses, signon, package, candidate.
• Top 10 ecommerce in Austria makes up half of top 250’s sales - Things are looking well for the biggest online shops in Austria. The top 250 can look forward to double-digit growth. And the ten biggest ecommerce websites from Austria account for almost half of the top 250’s total online sales. Ecommerce in Austria is still performing well, probably this year also… Continue reading
  Topics: austria, 250s, total, million, makes, half, online, sales, shops, ecommerce, euros.
• Top 20 of cross-border marketplaces from Europe - The total cross-border market of European-owned marketplaces represents a turnover of 9 billion euros. This corresponds to a fifth of what’s generated by all cross-border marketplaces in Europe, with Amazon generating 28 billion euros. Here’s the top 20. Amazon is the biggest marketplace in Europe, but when we look at… Continue reading
  Topics: ecommerce, conversions, billion, europe, total, euros, europeanowned, marketplaces, crossborder.
• Total Addressable Market (TAM): What It Is & How You Can Calculate It - Whether you want to start a new company or forecast realistic revenue growth, measuring your total addressable market is a crucial first step.
  Topics: addressable, shops, industry, market, service, product, dive, size, tam, calculate, total.
• Two years after Lemon Perfect was spotted in Beyoncé’s limo, the superstar is now a backer - The company is squeezing new potential from a growing, but crowded enhanced water category.
  Topics: capital, techcrunch, backer, company, brand, total, perfect, hufnagel, market, spotted, beyoncés, million, water, lemon, superstar, limo.
• UK commuter commerce to be worth €5.2 billion by 2022 - In the United Kingdom, commuters spend a lot while they are on the train. The value of on-train commuter commerce reached 2.9 billion euros last year and is predicted to grow by 75 percent to reach 5.2 billion euros by 2022. KBH On-Train Media did some research in partnership with… Continue reading
  Topics: uk, shop, commuter, train, euros, worth, ontrain, commuters, commerce, total, spend, online, billion.
• US e-commerce sales to jump 18% in 2020, but not enough to offset retail’s decline - U.S. e-commerce sales will jump 18% this year due to the impact of the coronavirus pandemic that forced more shoppers online, according to a new forecast released today by eMarketer. However, the surge in new online orders won’t make up for the overall hit that the U.S. retail sector will take this year, the firm […]
  Topics: ecommerce, retail, retails, decline, report, online, walmart, total, offset, overall, techcrunch, sales, consumers, jump.
• Using Google Analytics to Track Site Changes - The ability to measure changes to pricing, shipping, and other items is essential to successful ecommerce merchants. Google Analytics has features to document and track changes to provide critical feedback. Annotations in Google Analytics allow you to document change history.
  Topics: google, track, total, product, revenue, sales, results, analytics, site, changes, change, performance, shipping, annotation, using.
• Variable Cost Explained in 200 Words (& How to Calculate It) - There’s a frustrating truth that every business deals with early into its growth: More money, more problems. It seems counterintuitive — if sales and revenue are up, isn’t that a good thing? How are bigger profits a potential problem?
  Topics: product, variable, cost, total, unit, number, words, explained, costs, calculate, units, average, fixed.
• Variable Cost Explained in 200 Words (& How to Calculate It) - There’s a frustrating truth every business deals with early into its growth. To reveal that truth, I’ll start with a song title by hip-hop legend, The Notorious B.I.G.: “Mo money, mo problems.”
  Topics: units, unit, products, business, calculate, product, total, costs, average, variable, cost, words, explained.
• VidaXL opens fulfillment centers in the Netherlands and Poland - VidaXL, an online retailer from the Netherlands, will build two new fulfillment centers in Europe. One will open in the Netherlands, while the other will arise in Poland. The two fulfillment centers are part of VidaXL’s growth strategy. The ecommerce company says it’s expanding its product assortment to match their… Continue reading
  Topics: wants, opens, center, netherlands, centers, meters, total, poland, square, fulfillment, vidaxl.
• Walmart to expand in-store tech, including Pickup Towers for online orders and robots - Walmart is doubling down on its technology innovations in its brick-and-mortar stores in an effort to better compete with Amazon. The retailer today announced the expanded rollout of several technologies — ranging from in-store Pickup Towers to help customers quickly grab their online orders to floor-scrubbing robots. These jobs were, in many cases, previously handled […]
  Topics: walmart, online, instore, pickup, total, expand, including, technology, store, robots, tech, towers, orders, jobs, customers, stores.
• What Is Market Share & How Do You Calculate It? - In the marketing industry, you've likely heard the term "market share" from time to time, but what does it mean? Why is it necessary, and how is it calculated?
  Topics: understand, industry, revenue, increase, customers, calculate, total, important, market, share, company.
• Why You Should Bet On the Future of Ecommerce - In a world of economic uncertainty, the long-term outlook for buying and selling online is bright.
  Topics: total, online, shopping, bet, retail, habits, entrepreneurs, market, sales, digital, ecommerce, future.
• Your Twitter Following Is About to Drop. Here's Why. - Twitter announced today the latest of its efforts to fight platform abuse and maintain authenticity on its network.
  Topics: locked, vijaya, total, twitter, public, follower, gadde, following, heres, users, accounts, drop, counts.
• ‘Ecommerce UK accounts for 53% of retail sales by 2028’ - Ecommerce in the United Kingdom will account for 53 percent of the country’s total retail sales by 2028. Factors powering this online growth are the fact Generation Z and Millennials will be half of the adult population in ten years, faster, cheaper and in-home delivery and fewer physical stores. Currently,… Continue reading
  Topics: total, retail, united, online, drive, physical, z, spend, uk, sales, ecommerce, accounts.