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Returns are costly and I do not know a company who does NOT experience this! Check out this article with the incredible Jared Shaner at Trellis, as he talks about how to reduce those returns, creating a better CX, and of course more revenue for your brand! #loyalty #CX #bloomreach #trellis

Role of eCommerce Performance Testing in Driving Business Growth Table of Contents Importance of Per... #eCommerceTesting #PerformanceTesting #prodsenslive #QualityManagement https://lnkd.in/dccHxtRr https://lnkd.in/deTHUE8s

From fierce competition and logistical complexities to the constant evolution of technology and customer expectations, these challenges are diverse and ever-present. Navigating issues like payment security, SEO, customer trust, and the complexities of product management are integral to e-commerce success. Understanding and effectively addressing these challenges are essential for businesses looking to thrive in the dynamic world of online retail. #ecommerce #ecommercewebsite #ecommercebusiness #onlineretail #challenges #websitetraffic #bigcommerce

Boosting E-commerce Success: Strategies to Reduce Return Rate Why do I have such a high return rate? 👆This is a question that everyone who develops in the world of e-commerce has faced. And this question is relevant for a reason. After all, returning a product requires additional effort from both the seller and the buyer, affects the seller’s rating and sometimes even reduces the level of customer loyalty. First, let's figure out a little theory and statistics about the return rate in e-commerce: ❓Did you know, that the average ecommerce return rates hovers around 20-30% https://lnkd.in/gKYE_-Eh. Certain industries and businesses face higher return rates. According to Prime AI size finder, luxury apparel, swimwear, and bra retailers can experience return rates as high as 50%, whereas a garden tools company may not face such significant returns. Analyzing your product category's return rates can provide insights into your business's performance relative to competitors. Ecommerce Returns: Common Reasons We've figured out the statistics, now let's understand the reasons for the high return rate in e-commerce: 1. The product didn’t fit or work as they expected 2. There is no way to see the product in person 3. The product didn’t match his description 4. Customers encountered "Gray sellers" and their low-quality products ❌How can this be solved for 1 and 2 points? ✅Augmented Reality prototypes replicate real-life experiences by utilizing advanced imaging, providing users with a lifelike representation and feel of a product. AR enables customers to virtually position their items in the actual environment, granting them a more accurate understanding of how these items will perform and fit within the space. This, in turn, diminishes return rates resulting from inaccurate product visualization. 📊Some statistics about using AR in e-commerce: -AR produces 200% more engagement than non-AR equivalents. -71% of e-commerce buyers say they'll shop more often if AR technology is made more available. -Over 32% of consumers currently use AR while shopping -By the end of 2023, there’ll be around 1.3 billion Augmented Reality device users. ❗️SeekXR saw a 25% decrease in returns thanks to AR-guided purchases. https://lnkd.in/gPqWc7dx. Good content is the key to successful sales. Start using AR for your product and reduce the return rate in online sales😉 In the next article I'll share a strategy on how you can work with points 3 and 4. In the meantime, share your insights in the comments, how do you work with the bounce rate for your products?👇 #ecommerce #bouncerate

Who said books and technology don't mix? ThriftBooks is proving that notion wrong with their innovative, data-driven approach to ecommerce. By focusing on five key pillars - price, book selection, product quality, customer service, and loyalty programs - they've managed to increase their sales by over 20% during the 2023 holiday season. Their secret? A blend of proprietary in-house automation technology, personalised recommendations, and a strong social media presence. They're even experimenting with large language models to gain deeper insights from customer data. It's a fascinating read for anyone interested in how data insights can drive ecommerce sales. Check out the full article here: https://lnkd.in/gDjiZg8E Happy Wednesday! Casey Jones #ThriftBooks #Ecommerce #DataInsights #CustomerLoyalty

What lies ahead for the future of ecommerce? In her blog, Head of Consultancy, Tanya Peasgood, shares her predictions and the latest ecommerce trends to help you stay ahead of the curve. Read more here  https://lnkd.in/ep7VfTmd  

The digital age has transformed the way we shop with the advent of eCommerce, allowing businesses to extend their reach beyond traditional brick-and-mortar boundaries. Check out one of our recent "#TechTalk articles to learn more about eCommerce development. #IntradaTech #TechTalk #BlogArticle https://bit.ly/3V1Ai0T

🚀 Manufacturers, it's time to level up your eCommerce game! Wasserman Digital's latest insights outline a clear path to eCommerce maturity, helping you boost digital capabilities, customer engagement, and revenue in 6 steps. Evaluate your current level and take actionable steps towards eCommerce excellence. Read more here: https://lnkd.in/gU8fqAkx #eCommerce #Manufacturing #DigitalTransformation #BusinessGrowth

The digital age has transformed the way we shop with the advent of eCommerce, allowing businesses to extend their reach beyond traditional brick-and-mortar boundaries. Check out one of our recent "#TechTalk articles to learn more about eCommerce development. #IntradaTech #TechTalk #BlogArticle https://bit.ly/3V1Ai0T

🌟Ready for a digital evolution? Here is the difference between Headless Commerce and Traditional ecommerce.💡Gain strategic insights, understand the impact, and make decisions that shape the future of your online success. 🚀🌐 Visit👉https://lnkd.in/gMYD4YSV #digitalstrategy #ecommerceInsights #retailsuccess #headlesscommerce #traditionalcommerce