Extensiv’s Post

Concerned about ecommerce return rates? You’re not alone. Reducing product returns is one of the most pressing challenges facing ecommerce companies today. Handling returns can be difficult and processing them can be costly. But thankfully, there are best practices, new strategies, and AI-powered tools to help address this growing issue. Check out our guest blog from Trellis CRO, Jared Shaner, for an in-depth guide to mitigating ecommerce returns. 🔗 Read more here: https://lnkd.in/eRzmDh7q #BloomreachBlog #ecommercereturnrates #AIinEcommerce 

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

Is your tech setup holding you back? Then it might be time for an update. Using modern eCommerce technology tools is key to driving innovation and boosting efficiency and profitability – which is especially important in a tough market environment. Our guide titled “A Short Guide of Driving Efficiency With Modern eCommerce Technology” presents three ways to solve the key sources of inefficiency: - Overcoming complexity by creating a centralized system - Creating flexibility by introducing headless systems - Using composable commerce systems and existing standards The guide showcases how to streamline your operations, integrate new tools seamlessly, and leverage composable commerce to your advantage. Here’s a first reading sample. Want to read the rest? Download your free guide here:  https://lnkd.in/ePrPKFjp #eCommerce #Efficiency #ModernTechnology #HeadlessCommerce #ComposableCommerce

How to boost #eCommerce profitability in uncertain times by our partner SCAYLE Commerce Engine: 🔹 Strategy #1: Boost Gross Margin: Increase profits by offering timed #discounts on high-margin products or stacked discounts. Apply strategically to maintain overall margin stability. 🔹 Strategy #2: Cut Fulfillment Costs: Consider reintroducing #shipping fees based on customer value and order thresholds in order to raise order values and improve margins. 🔹 Strategy #3: Streamline Marketing Costs: Allocate #marketing spend based on attribution, retention rates, and average order values to maximize #profitability. Implement tactics like accurate #revenue attribution and spend limits based on customer retention. Read more: https://lnkd.in/esvVDqg2 #SCAYLE

The evolution of the internet and the pervasive influence of social media have ushered in a profound transformation in the retail landscape. Today, international #ecommerce enables global brands and manufacturers to effortlessly tap into foreign markets through online sales while fulfilling orders directly.     Regardless of the size of a forwarding business, integrating this capability can boost customer sales, strengthen relationships, and make them more profitable and enduring. Explore our latest eBook to uncover why enhancing international ecommerce is a key opportunity for all #forwarders, and one you should consider. https://lnkd.in/gPjsfh7i #WiseTech #logistics #freightforwarding #technology

How logistics aggregator companies are vital for eCommerce businesses today: 1)Dynamic Pricing and Optimization: Aggregators use sophisticated algorithms to offer dynamic pricing based on factors like shipping volume, distance, and delivery time. This helps eCommerce businesses optimize their shipping costs and pass on savings to customers, enhancing their competitive edge. 2)Global Reach: For eCommerce businesses aiming to enter international markets, logistics aggregators facilitate global shipping by providing access to a network of international carriers and local delivery partners. This global reach simplifies cross-border logistics and compliance with international regulations. 3)Customizable Solutions: Many logistics aggregators offer customizable solutions tailored to specific business needs. Whether it’s special handling for fragile items or temperature-controlled shipping for perishable goods, these tailored solutions ensure that businesses can meet unique requirements efficiently. 4)Enhanced Visibility and Transparency: Aggregators provide centralized tracking and reporting systems that offer real-time visibility into shipments. This transparency allows eCommerce businesses to monitor order status, identify potential delays, and proactively communicate with customers, improving overall service quality. 5)Automated Processes: Automation is a key feature of many logistics aggregators. They often offer automated tools for tasks such as label generation, shipment scheduling, and inventory updates, which reduces manual effort and minimizes errors. 6)Customer Support and Dispute Resolution: Aggregators typically offer dedicated customer support teams to handle issues related to shipping, claims, and disputes. This support can be invaluable for eCommerce businesses in resolving problems quickly and maintaining positive customer relationships. 7)Performance Metrics and Benchmarks: Aggregators offer performance metrics and benchmarking tools that help eCommerce businesses evaluate their shipping performance against industry standards. These insights enable businesses to identify areas for improvement and implement best practices. By leveraging the capabilities of logistics aggregators, eCommerce businesses can enhance their operational efficiency, reduce costs, and deliver a superior customer experience, all of which are crucial for staying competitive in today’s dynamic market. #Ecommerce #onlinesellers #logistics

🌠 8 ADVANTAGES OF ECOMMERCE TO BUSINESSES 👇 1. Quicker Time to Market 2. Lower Business Costs 3. More Efficient Transactions 4. Secure, Convenient, and Variety of Options 5. No Time Limit 6. Customer Data Insights 7. Expanding The Reach 8. Business Growth Read more 👇 https://lnkd.in/dCNhMy7X

eCommerce is back on track, but don't get too comfortable! I've got some interesting news from a recent CzechCrunch article https://lnkd.in/enAX2U3Y – #eCommerce saw a slight growth in the second quarter of this year. This is a breath of fresh air after a tough period. Remember last year when we talked about overcoming the eCommerce crisis? If not, here’s a little throwback: https://lnkd.in/en4xAszx. While it’s great to see positive trends, now is NOT the time to rest on our laurels. For those in the eCommerce space, here's how you can not only survive but thrive and come out ahead: ✔️ Embrace automation: Streamline your product information management and pricing strategy. This will save you tons of time and resources. ✔️ Stay agile: Be prepared to adapt quickly to any market changes. ✔️Innovate continuously: Never stop looking for ways to improve your offerings and processes. So, don’t get complacent with the good news. Keep pushing the envelope, stay ahead of the curve, and be ready for whatever comes next. #wiseporter #pim #productcatalog #productinformationmanagement

If you're an Ops or IT professional for a brand with online sales channels, you're constantly trying to keep up with consumer trends and stay ahead of ever-changing technologies. Future-proof your ecommerce operations with these 3 key strategies: 1. Streamline integrations 2. Embrace distributed logistics 3. Implement tools designed to drive margin growth Read more in our latest blog post to prepare for what lies ahead. #Ecommerce #EcommerceOperations #DIM #DOM #DistributedLogistics #EcommerceIntegrations #DataTransformation #Sustainability #MarginGrowth

How to Manage Ecommerce Inventory Backlog and How #Diggipacks Contributes to the Solutions In the fast-paced world of ecommerce, managing inventory backlog can present significant challenges for companies. An inventory backlog can lead to increased costs, reduced operational efficiency, and negatively impact customer experience. Therefore, implementing effective strategies to manage inventory and ensure a smooth flow of products is crucial. In this article, we will explore the best practices for managing ecommerce inventory backlog and how Diggipacks offers innovative solutions to help businesses overcome these challenges. Read More: https://lnkd.in/dMSw2Hsc #InventoryManagement | #Ecommerce | #Diggipacks | #LogisticsSolutions | #StorageEfficiency | #FastDelivery | #DemandForecasting | #AdvancedTechnologies | #CustomerExperience | #SupplyChain