What is a preorder? In simple words, it means you order a product before it is released in the market. Nowadays, it likes a way for the company to attract more consumers and also to study the demand for product before releasing them into the market. Why is preorder popular? Preorder has gained popularity amongst buyest because it helps them certainly to have the product well in advance. They don’t need to wait to release time to...
The e-commerce market is growing at an unprecedented rate around the world. It’s estimated that there will be 2.05 billion global digital buyers in 2020. The population of global is estimated at 7.7 billion people, that’s about 25 percent of the world’s population are shopping online. And it’s expected to hit a massive 2.14 billion people in 2021. In 2020, ecommerce sales are expected to account for 15.5 percent of retail sales all over the world....
During recent years, the pre order button is becoming more and more important. The reason is that more business owners are seeing the benefits of taking pre-orders online as they give a good idea of what the demand is and get a guaranteed number of sales. In other words, if you’re launching a new product, a pre-order strategy is a highly beneficial component to incorporate into your plan. But, if not done carefully pre-orders, you...
When a shopper visits your online store, they're often looking for a specific product to buy right away. But when you arrive you realize it's out of stock. By keeping your products in stock, you can take advantage of the people who visit your store for the moment. But if the product is constantly out of stock, it can cause a huge drop in potential sales, drive customers away and ultimately inhibit business growth. Out...
Are you looking for ways to increase sales? A product video is an effective strategy to increase sales. A product video can: Attract potential customers Introduce your eCommerce brand Turn potential customers into real ones Why Should You Choose Product Video? According to the Survey to understand the importance of product video 81% of businesses use Product video to make your product different from competitor By 2019, 80% of internet traffic will be video traffic. So you need to amp up your...
43% of retailers ranked inventory management as their daily challenge. In fact, this can be a problem if the business owner doesn't use inventory management software. Inventory management is a long-term foundation for survival. Without it, you might make mistakes like sending the wrong stock, running out of stock, stockpiling too much, etc. Out of stock and oversupply occurs when a company uses manual methods to manage its inventory status. These mistakes not only cost...
What is Product Video? A product video explains the benefits of a product and the pain points these clients may encounter. A demo video increases conversion rates easily. You can use a creative and engaging story to demonstrate how your product functions and the impact it has in the real world. A product video can create a better lasting impression in the consumer’s mind, leaving the product features to be experienced rather than explained. The findings...
In the earlier post, I have writtent 6 Must Have Features For Advanced Inventory Management Extension, we know that Inventory management is always one of the most important steps that affect every aspect of your business. From inventory costs to the ability to accurately fulfill orders, control product information, quantity of inventory in each store, ... Unfortunately, this difficult process that can not be done effectively without tools. In order to avoid mistakes and impact...
In recent times, e-commerce store owners are trying every way to meet the needs of customers. The reason behind that is due to the proliferation of e-commerce websites. Attracting and retaining customers is one of the prerequisites for the survival of an enterprise. Besides, stock inventory management is also a factor for the success of any business. Choose the Magento inventory management extension as a powerful tool to make your e-commerce store attractive and...
The smartphone revolution is blooming. People tend to use their smartphones or mobile devices ( Ipads, tablets, etc) to complete all tasks such as reading the news or online shopping. Thus, Businesses need to make sure that their website has a strong virtual presence on any mobile platform However many online businesses fail to make sure their website is mobile compatible. It prevents the event from long-term buyers, losing potential customers. In order to maximize...
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