Starting an online business demands strategic planning, from market research to legal compliance and strategic partnerships. With perseverance, entrepreneurs can succeed in the digital marketplace.
Dropshipping continues to become popular as the number of online shoppers increases. The popularity comes as the shipping method encompasses different markets and industries, including beauty and health.
E-commerce saw considerable growth in the Buy Now, Pay Later market. The growth is expected to continue as new technologies emerge to allow merchants to connect with more customers in the market.
The start of the holiday season saw a significant increase in online sales among many retailers nationwide. The increase is consistent with the past few years, as the fourth quarter of 2023 is expected to outperform the previous quarters.
According to experts, the holiday season this year will witness a surge in e-commerce sales. With consumers increasingly turning to digital platforms for their holiday shopping needs, this trend marks a significant shift in consumer behavior and has
TikTok launched its e-commerce shop in the United States following months of testing. The China-owned social app aims to challenge Facebook in the social commerce market in the US market.
More content creators have signed up for The TikTok Shop following its launch in early August. With this, the company gradually offers more features for its clients, including an affiliate program.
Online retailers have adopted strategies to remain competitive in a post-pandemic world, such as shopping experience personalisation, omnichannel e-commerce, and efficient order fulfilment.
The shift to digital shopping has led to unprecedented growth in the E-commerce market. Local retailers must seize this opportunity and employ strategies to tap into the new normal of E-commerce.
Due to declining consumer demand, companies are looking for ways to reduce operational expenses. The high inventory costs are only exacerbating the situation as companies try to find a way to stay afloat.
E-commerce sales considerably increased at the height of the pandemic. Even though the situation has improved, millennials continue to focus on shopping online rather than in-store.
In 2023, e-commerce shoppers will customize their online shopping experience with emerging subscription services. Businesses should create strategic plans when looking to take advantage of this trend. (25/03/2023)
The global social commerce market will experience explosive growth in the next few years. Online sellers must adjust their strategies accordingly to make the most of this rapidly growing sector.