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5 Rules For Owning An Ecommerce Store Opening a new ecommerce store is possibly one of the most exciting things that you could do this year. Not only are you getting out there and starting your own business, but you’re able to offer people something that solves a gap for them. There is plenty that you need to prepare before you start setting up technology and learning how to buy from Alibaba. It’s a lot…

Selling online is always an effective way to reach more customers and make profits. Everyone is aware of the current pandemic situation where people have now shifted their habits of conventional shopping to online shopping. Setting up your online clothing shop is a great way to kick start your business When discussing fashion, everyone looks out for the new clothing designs by top brands and designers through online window shopping or through the latest fashion…

BEIJING – The significant growth can be seen in the logistics services and instant delivery services. This can further create 780,000 in Pakistan in future months. Due to outbreak of the pandemic, the traditional offline sales have been disturbed immensely, shifting the customer to online shopping. This has encouraged thousands of new people to investigate a new way of doing the business. “If Pakistan pursues the development of logistics service and instant delivery service, and…

Ecommerce provides big opportunities for businesses Ecommerce provides big opportunities for businesses. According to Statista, the U.S. ecommerce market will bring in more than $547 billion in 2019, with projections for more than $740 billion by 2023. Now is the time to jump on this business opportunity, as more and more consumers get products online. There is plenty of potential in this market, and many different options for businesses to reach that potential. Courtesy of…

Why all eCommerce businesses need machine learning? Do you Know why all eCommerce businesses need machine learning? Every eCommerce business owner has to be aware of the advantages technology can provide these days. More and more people are switching their buying habits to the online world, and just having a website isn’t enough anymore. That’s why companies all over the world are working with IT Staffing Companies who are able to provide customized Machine Learning (ML)…

How technology powered Alibaba’s $38.4 bn sales on Singles’ Day How technology powered Alibaba’s $38.4 bn sales on Singles’ Day? Alibaba Cloud has revealed how core technologies have powered Alibaba Group’s $38.4 billion sales during its 24-hour Singles’ Day shopping blitz. The X-Dragon architecture supported the e-commerce shopping event. Elastic Bare Metal Servers improved cost efficiency by 20 percent. X-Dragon servers integrate computing platforms, including the Elastic Compute Service (ECS) bare metal server and virtual…

Digital Retail Investments Are Paying Off In Q3 Digital Retail Investments Are Paying Off In Q3. As the year winds down – and holiday shopping picks up – clarity is emerging about which retail investments might pay off in the new decade, and which merchants might be in trouble. Investors this week were disappointed in retail earnings from the likes of Home Depot and Kohl’s, “raising fresh doubts about whether American consumers can keep up…

The 2 Universal KPIs for Ecommerce Retailers The 2 Universal KPIs for Ecommerce Retailers. Key performance indicators are metrics that indicate the health of a business at a given time, especially when compared to past performance and to other companies. A business’s KPIs typically change over time with new opportunities and challenges. But Gross Revenue and Gross Profit are universal KPIs for all ecommerce retailers, all of the time. Gross Revenue Three variables determine Gross…

Manufacturers are innovative by nature. They continually develop unique products and offerings to compete in their industry and they see the importance of innovation to set themselves apart from their competition. This innovation requires an environment in which companies embrace change. “Managing the change and any resistance within an organization is crucial to the success of an ecommerce strategy.” While manufacturers are continually innovative on the product side of the business, however, these organizations often…

After 24 hours of frenzied buying and selling, and weeks of aggressive advertising and promotions before it, the Alibaba Group said today its sales hit another record high on Singles’ Day, the biggest shopping day on the planet. The Chinese e-commerce giant said its platforms sold goods worth 268 billion yuan, or $38.4 billion today, easily exceeding last year’s record $30.7 billion haul. Electronics gadgets and fashion items were among the most sold goods in…