It’s not uncommon to see $16 billion quarterly revenues from Amazon, but what’s interesting is that much of this revenue is now coming from digital sales. From eBooks to music, digital sales are a wonderful way to make money, and if you make your own digital product marketplace, similar to Amazon, you may just end up with a decent amount of online revenue coming your way.
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Why Are so Few Luxury Brands Sold Online?
Ecommerce Selling Advice
With the new Apple Watch Edition, consumers can now purchase a $17,000 directly from the comforts of their homes. However, many luxury brands are very reluctant to take their business online, in this article we will look at some of the reasons why this is, and why some companies such as Chanel are finally making the move online.
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3 Ways Ecommerce Companies Should Use Social Media for Marketing
Articles Ecommerce Websites
Today, social media spending makes up a small fraction of most business’ marketing budgets. A recent Duke University survey found that, on average, social media spending accounted for just 9% of the overall budget. But that number is projected to expand to nearly 22% in the next five years.
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18 Must Have Tools for Online Store Owners
Ecommerce Resources Ecommerce Selling Advice
Have you started to gain a profit with your online business? According to Forbes, over 23,000 online stores make at least $100k in revenue, and this number is growing every year.
Fortunately for you, this gives you a chance to catch up with the big dogs and make some solid cash from your online business. It really just takes some hard work, the right tools and even a little luck. It all starts with a solid ecommerce platform which helps you get your products uploaded onto a storefront and presentable for your customers.
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Top 50 Ecommerce Marketing Tips to Outrank Competitors
Articles
Think about where you are in your current ecommerce adventure. Maybe you’ve just setup a nice little shop to sell your new running shoe designs, or maybe your dropshipping business is building a solid customer base, and you need to bring on a few employees to manage all of the orders. Maybe you just finished your stint on Shark Tank, or Oprah talked about your product being one of her “favorite things.”
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History of Commerce: From Cattle to Bitcoin
Ecommerce Resources
Forget about ecommerce for a moment! Imagine trading one of your prized cattle for a piece of land to raise your family in 7000 BC. That’s how it was done back then. Boy how times have changed. Now think about the first ATM in 1972, and how remarkable it was for people to walk up to a magical machine that spewed out physical cash after a few button clicks.
The history of ecommerce is truly amazing, so we compiled a story of 11,000 years in 30 seconds, by using another modern marvel: animated GIFs. Have a look below and scroll down for the full infographic.
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Suggestions For Preventing Shopping Cart Abandonment
Ecommerce Selling Advice
Shopping cart abandonment is a phenomenon that is common in e-commerce. It is an idea that shows the proportion between the number of people who commit to an online purchase and the number of the possible customers who leave the sites at some point, without checking out. Sadly, the registered abandonment rate, as stated by many specialists in the field, is around 60% and up to 80%. We will try to discuss several tips that could be implemented in order to improve the conversion rates and reduce the number of people abandoning your shopping cart.
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10 Must Have Tools for Conversion Optimization
Articles
Did you know that 73% of companies have no idea as to why their customers abandon their shopping carts without buying? This is a troubling statistic considering the internet is filled with tools to help you understand why people don’t convert into paying customers, and most successful ecommerce stores run tests and reports to make changes for improving cash flow.
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