Conversion rates fell among online retailers last year. But we also know what the best performers are doing. Watch this video for some highlights. Want to read more and see all the charts, data and examples? Check out Digital Commerce 360's 2024 Ecommerce Conversion Report: https://lnkd.in/gvNgkyk3
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We follow conversion rates among North America’s top online retailers every year. In 2023, things got more challenging. However, there are approaches that are working. High-level takeaways here:
Conversion rates fell among online retailers last year. But we also know what the best performers are doing. Watch this video for some highlights. Want to read more and see all the charts, data and examples? Check out Digital Commerce 360's 2024 Ecommerce Conversion Report: https://lnkd.in/gvNgkyk3
How to improve conversion for retailers
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Global ecommerce sales are projected to hit a new high this year. Check out the stats and growth projections that will come in handy when it's time to start working on your forecasts. h/t EMARKETER #ecommerce #commercesuccess
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Focus Ecommerce and Marketing topped the Agency Service Marketplace Growth Rankings for September. Focus delivered +64.04% Sales Growth at a CPA of 8.91%. 🚀 Service Marketplace innovation delivers results for Merchants. View September's IRP Market Data here... https://lnkd.in/dX52QH7
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Which merchants are seeing the best conversion rates in today's digital environment? Our new 2024 Ecommerce Conversion Rates report breaks down the 2023 online conversion rates of the Top 2000 retailers in North America to find out. Click here to learn more. https://bit.ly/4cM4OCW #ecommerce #onlineretail #conversionrates #onlineconversion
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The pandemic spotlighted the vital role of online sales, driving businesses to adapt swiftly to a new digital reality. Today, the e-commerce sector continues to soar, with global revenue expected to hit $4.1 trillion in 2024 and 📈 grow at a steady 9.49% annually, reaching $6.48 trillion by 2029. In this ever-expanding market, the competition is fierce. To stay ahead, retailers must harness the power of deep analytics to refine their pricing strategies, personalize offers, and accurately forecast demand. A data-driven approach is crucial for making informed decisions that fuel revenue growth and enhance market position. 🔍 Want to learn about the top revenue management strategies and tools that can drive profitability in e-commerce? Check out our latest article where we dive into effective strategies and showcase real-world examples of successful implementation. Read the full article here 👉 https://lnkd.in/djX8dnQG #Ecommerce #RevenueManagement #DataDriven #RetailGrowth #PricingStrategy #MarketTrends #DigitalTransformation #BusinessGrowth #RetailAnalytics #CompetitiveAdvantage
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Exciting News for E-commerce Enthusiasts! 🚀 Check out this insightful article from the U.S. Department of Commerce on the latest forecast for e-commerce sales size. Global B2C ecommerce revenue is expected to grow to USD$5.5 trillion by 2027 at a steady 14.4% compound annual growth rate. This forecast highlights the tremendous opportunities available for businesses in the e-commerce space. With consumer behavior increasingly gravitating towards online shopping, there has never been a better time to capitalize on this trend and expand your digital presence. Read the full article here: https://lnkd.in/erW6MAGK Geshers Fulfillment #Ecommerce #DigitalCommerce #BusinessGrowth #OnlineSales #MarketForecast #TradeGov
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📑 According to Statista's ecommerce data, the percentage of all global online purchases in retail has been steadily increasing from 7% in 2015 and is expected to reach 24% by 2026. This rise in online transactions implies an ever-growing competition among retailers to capture consumers' attention and maximize their sales. 👉🏻 How can retailers optimize their pricing strategies using price automation to maximize profits, stay competitive, and meet consumer expectations in an ever-evolving market? 🌟 Price automation can help retailers make the most of ecommerce growth by enabling them to efficiently manage large volumes of products and online transactions. Request a demo: https://lnkd.in/eTAHgPr4 #RetailInnovation #AITechnology #PricingStrategy #dynamicpricing #eCommerce
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U.S. ecommerce grew 7.6% in 2023 and total sales grew 3.8%. That’s a sharp contrast from the pandemic-induced U.S. ecommerce boom, which led online sales to grow at a rate of 42.8% over 2019, whereas total retail sales in 2020 grew 7.8%. https://bit.ly/4a9NrKr #ecommerce #onlineretail #analytics #ecommercesales #onlinesales
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Ever been curious about 'The Best Shopping Search Engines To Boost Ecommerce Sales'? Our article provides in-depth insights into the leading shopping search engines that can enhance your eCommerce sales. A must-read for all e-business professionals! #eCommerce #ShoppingSearchEngines #OnlineSales
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Check out this interesting fact on U.S.-based ecommerce sales in 2023. Are you surprised these four companies contributed so much to 2023 ecommerce sales? Learn more about how the leading U.S.-based online retailers are currently performing and to see our future projections: https://bit.ly/3vqftC9 #ecommerce #factoftheweek #onlineretail #ecommercesales
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