Surfside’s Post

Unveiling Profitable Price Strategies for E-commerce Leaders Setting the right prices is pivotal for e-commerce success. Intelligems advocates for A/B testing to optimize pricing decisions. Their findings reveal common overpricing of products but undervaluing of shipping fees. Notably, lowering prices can significantly boost conversion rates, as demonstrated with Sheets & Giggles. Additionally, scrutinizing charm pricing tactics yielded insightful results. While price testing isn't a panacea, it offers valuable data to refine pricing strategies swiftly. For e-commerce leaders, embracing price experimentation unlocks untapped profit potentials. #Ecommerce #PricingStrategy #DataDrivenDecisions https://lnkd.in/e6WKeJNn

🌟 Industry Insights Alert! 🌟 The surge in online shopping is reshaping the distribution landscape, presenting both opportunities and challenges for businesses. As consumers increasingly turn to e-commerce for convenience and variety, distribution companies must adapt their strategies to meet evolving demands. From implementing robust inventory management systems to optimizing last-mile delivery routes, there's a growing need for innovative solutions that bridge the gap between online retailers and end customers. How is your company navigating the complexities of e-commerce expansion? Share your experiences and best practices in the comments below! #EcommerceExpansion #DistributionChallenges 📦💻

📣📦 The growth of online returns in the #RetailIndustry has soared during the e-commerce boom and the COVID-19 pandemic. To manage costs and influence consumer behavior, retailers are now introducing return fees. However, this article highlights how return fees can be strategically used to reshape shopping habits and promote conscious consumerism. Some retailers are waiving fees as an incentive for customers to join their loyalty programs, while others are providing free returns for in-store purchases (did you know that 70% of consumers not only spend their full refunds but also splurge up to 20% more on a new item?). Learn more about how the industry is navigating the challenges of return logistics: https://okt.to/qDmEuM #Ecommerce #ReverseLogistics

With commercetools #ComposableCommerce, we shattered records, witnessed unprecedented sales spikes and empowered 500+ retailers to redefine success - just like any other day of the year. Discover how our innovative approach continues to drive retail triumphs every day: https://lnkd.in/gnK4-7DQ #BlackFriday #CyberMonday #DigitalTransformation

DHL's E-Commerce Trends Report: Convenience, Price, Transparency This won't come as a surprise but DHL released their e-commerce trends report looking at a global selection of shoppers. In the report there were 3 key highlights for retailers: - Convenience: Reduce the friction to buy with pre-filled purchase information, multiple delivery options and detailed PDPs optimized for laptop, desktop and mobile. - Price: Consumers globally are price sensitive so ensure the price on the website is the price they pay (i.e., include delivery and other service fees in the full upfront price). - Transparency: Tell consumers how to win and they'll follow your lead. Discounts for setting up an account or a list of carrier options to start. Put the power in the consumer's hands and watch conversion rates grow. For more details, read the report here: https://lnkd.in/eycw6KMC #DHL #ecommerce #retail #marketplaces #consumertrends #logistics

[Retailers & Brands] in the Marketplace Era ✨ In 2023, the Marketplace Model increased by 3 points, demonstrating significant growth that indicates marketplace sales are increasing more rapidly than traditional online sales. ➡️ Marketplace account for more than 1/3 of eCommerce turnover in Europe ⚡️ Within Marketplace, the fulfillment business model is growing 🇮🇪 In Ireland, the fulfillment accounts for 55% of Amazon’s business model! #ecommerce #data #foxintelligence #marketingintelligence #consumerintelligence #insights #marketplaces #marketplaceinsight

Often our customers want to know what THEIR customers are thinking and, of course, doing online. And we’ve got those insights; the ones that can hopefully give e-commerce businesses a competitive edge. Yesterday we’ve released our DHL E-commerce Trends Report 2024 to find out about the latest trends and online shopper preferences in the e-commerce world. It’s the first of five coming out over the next few months, so stay tuned for more tips and tricks to help convert your browsers into buyers. Download it here: https://lnkd.in/dYsCtW9w #Ecommerce #trends #payment #onlineshopping

I'm thrilled to share we've now finished the analysis of the Cross-Border E-Commerce Shopper Survey. Thanks to the trust of International Post Corporation (IPC) members and various partners, this year's edition covered a record number of markets - 41. The research provides a detailed story of what, where and how cross-borders shoppers buy online focusing especially on the #delivery aspect of the #ecommerce journey. You can download the public version of this research report at www.ipc.be/shopper #crossborder #ecommerce #survey

Latest read: Future-Proofing Your eCommerce Store: 24 Tips for 2024. 🚀 With revenue from eCommerce sales in the UK expected to reach a staggering £148 billion in 2024, it's clear that the digital shopping landscape is evolving at an unprecedented pace. This surge in online commerce offers boundless opportunities for both consumers and retailers which we discuss in our latest blog. Read more and ensure you're ready to embrace the changing tides of 2024 on our blog here. 🤓 >> https://buff.ly/3T89afU

How have you embraced change in the e-commerce industry? #inventorymanagement #ecommerce Check out the Secret Ops 🎙️episode with Jason Vego! Watch Here: https://buff.ly/3vCeSxs Listen Here: https://buff.ly/4adzxa4