Smart Data Collective

MARCH 30, 2022

Analytics technology is taking the ecommerce industry by storm. Ecommerce companies are expected to spend over $24 billion on analytics in 2025. While there is no debating the huge benefits that analytics technology brings to the ecommerce sector , many experts are pondering what those actual benefits are.

Commerce 286

Commerce Startups Banking Advantage 286

Smart Data Collective

MARCH 28, 2022

One of the smartest ways for entrepreneurs to utilize data is by creating an ecommerce business. You can run a profitable ecommerce business through Amazon. However, you might want to also consider other ecommerce platforms for your data-driven ecommerce business. Amazon uses big data to boost UX. It’s up to you.

Intellectual Property 266

Intellectual Property Business Commerce Advantage 266

Smart Data Collective

DECEMBER 13, 2021

Most ecommerce marketing strategies depend on your market, competitors, and your business goals. The post Data-Driven Marketing Strategies to Supercharge eCommerce Businesses appeared first on SmartData Collective. You simply can’t afford to ignore the benefits of using big data in this business.

Commerce 335

Commerce Marketing Marketing Business 335

Smart Data Collective

MARCH 23, 2022

In other words, if you operate an eCommerce store that operates in the United States, you are legally obliged to adhere to the ADA. If you manage an eCommerce store, your main objective is to increase traffic to your site, so you can boost sales. The eCommerce business is a numbers game. It’s as simple as that.

Data Mining 250

Data Mining Market Segmentation Loss Gaming 250

Smart Data Collective

FEBRUARY 22, 2022

Meanwhile, if you are looking for more recommendations for e-commerce businesses or to join a community of fellow entrepreneurs to further enrich your journey the Beprofit eCommerce profit community is a great place to learn and grow. #1 1 – Customer acquisition costs.

Startups 320

Startups Commerce Sales Retail 320

Smart Data Collective

AUGUST 16, 2021

As an eCommerce entrepreneur, you have the benefit of being able to access a plethora of data at any time about multiple areas of your business and how consumers interact with it. The post Top eCommerce Metrics for Online Businesses to Study with Analytics appeared first on SmartData Collective.

Business 324

Business Sales Win Learning 324

Intelligence Node

NOVEMBER 15, 2022

The post 7 Pricing Strategies to Supercharge your eCommerce Christmas Sales appeared first on Blog. As of 2022, the price has become a make-or-break factor for almost 50% of American shoppers. With the holiday season fast approaching, these price-sensitive consumers are looking to.

Sales 181

Sales 181

Smart Data Collective

DECEMBER 14, 2019

Predictive analytics is one of the biggest disruptive technologies shaping the eCommerce industry. There are a variety of applications of AI in the ecommerce industry. Predictive Analytics Simplifies Niche Selection Process for Ecommerce Entrepreneurs. Predictive Analytics Makes Ecommerce Niche Selection Easier.

Predictive Analytics 246

Predictive Analytics Commerce Brainstorming Win 246

Intelligence Node

MAY 4, 2023

As eCommerce returns rates rise, however, major brands and marketplaces. The post Amazon’s Latest Strategy to Minimize eCommerce Returns appeared first on Blog. Post-purchase experiences such as “Free & Easy Return Policies” have long since set the standard for digital shopping experiences online.

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Smart Data Collective

NOVEMBER 21, 2021

The post How to Utilize Artificial Intelligence in Your eCommerce SEO Strategy appeared first on SmartData Collective. In the future, artificial intelligence is projected to have a massive and positive influence on the e-commerce business. It will alter and, in some ways, enhance the way customers search for things online.

Intelligence 357

Intelligence Intelligence Commerce Algorithm 357

mention

OCTOBER 19, 2022

Types of eCommerce product videos. Video as a content type is diverse and can be used for different purposes – your eCommerce brand can also benefit from using different product videos. Here are some of the tips to help you in the process of planning, recording, and promoting your eCommerce product video. Sounds promising?

Marketing 157

Marketing Marketing Brainstorming Research 157

Smart Data Collective

JUNE 28, 2021

There is no question that data centers are remarkably useful for ecommerce companies. When it comes to linking intelligent data with business models it is important to understand the practical benefits data stored on data centers offers for ecommerce companies and how they can use data centers to store more information.

Management 219

Management Commerce Retail Entertainment 219

Intelligence Node

JANUARY 4, 2023

eCommerce is set to dominate the retail environment, bringing with it a whirlwind. The post An Ultimate Guide to Optimizing Your eCommerce Business appeared first on Blog. Introduction Making it to the big leagues in retail isn’t as simple as it used to be.

Business 104

Business Retail IT 104

Intelligence Node

AUGUST 26, 2020

The post Boost your eCommerce Revenue with Smart Pricing Analytics appeared first on Blog. Market trends are fluctuating at an unprecedented pace, prices are as competitive as they’ve ever been, and customers are holding companies to ever-higher standards.

Retail 197

Retail Competitive Marketing Marketing 197

Smart Data Collective

NOVEMBER 15, 2019

All ecommerce companies need to look for ways to utilize big data to make the most of their SEO strategies, because organic search is essential to their success. The Overwhelming Importance of Big Data in SEO of eCommerce Companies. SEO is getting easier and easier to implement on eCommerce platforms in particular.

Commerce 204

Commerce Predictive Analytics Algorithm Marketing 204

Intelligence Node

MAY 25, 2021

The post 5 Ways Advanced Data Can Help Improve eCommerce Conversions appeared first on Blog. You knew each and every one of them. You had personal relationships with them, knew their likes and dislikes, their preferences, and […].

Retail 197

Retail Data Analysis Analysis 197

Smart Data Collective

SEPTEMBER 4, 2019

Big data is partially responsible for the 15% increase in ecommerce sales in 2018. Pay attention to the eCommerce data during the switch. Once updated, into the store, and in place, is it all going to naturally work with the eCommerce platform? What is Available to Make Your eCommerce Site Look How You Want.

Commerce 181

Commerce Sales Information Research 181

Smart Data Collective

OCTOBER 31, 2021

The post The Importance of Leveraging Analytics in Ecommerce Website Design appeared first on SmartData Collective. You need to consider the merits of investing in the right analytics solutions when designing a new website for your online store.

Commerce 269

Commerce Data Mining Predictive Analytics Capital 269

Smart Data Collective

FEBRUARY 4, 2021

The post Machine Learning Automates Online Store Development for Ecommerce Startups appeared first on SmartData Collective. A growing number of online stores are using it to streamline the design process, which will make it far easier to reach new customers in the years to come.

Startups 232

Startups Learning Commerce Algorithm 232

CXL

OCTOBER 4, 2022

Not for lack of competition, but as the result of a carefully designed ecommerce marketing strategy. In this article, you’ll learn how to build a powerful ecommerce marketing strategy using customer research and messaging development, and how to use it to determine which marketing tactics will best reach your target audience.

Marketing 107

Marketing Marketing Retail Analysis 107

Intelligence Node

JUNE 22, 2021

The post Price Optimization – An eCommerce Necessity or Just Another Passing Trend? According to Oberlo, there will be more than 2.1 billion online shoppers in 2021. It is a given that they will comparison-shop. This means if the products […]. appeared first on Blog.

Retail 173

Retail Business Learning IT 173

Intelligence Node

FEBRUARY 4, 2021

The post Prioritizing MAP Compliance Amidst Accelerated eCommerce Growth appeared first on Blog. Everyone of us who is well versed with online shopping has at least some time encountered or even purchased a fake […].

IT 129

IT 129

CIO

JULY 26, 2023

The future of retail is “phygital,” as every retail and ecommerce publication on the internet is screaming right now. Physical retail and ecommerce are increasingly blending together – and becoming indistinguishable in many cases. Worldwide ecommerce sales are at 20% of total retail sales, while the figure is 15% for the US.

Retail 436

Retail Sales Gaming Technology 436

CXL

OCTOBER 16, 2022

There’s more to ecommerce customer acquisition than increasing checkout conversion rates. The key is ongoing measurement and testing to understand which acquisition strategies work for your ecommerce business. Conversely, a high-end fashion ecommerce store runs Facebook Ads. How to calculate ecommerce customer acquisition cost.

Retail 107

Retail Sales Marketing Marketing 107

CIO

JANUARY 13, 2023

In addition to driving significant improvements in revenue per visit, it can also save retailers the time and expense of manually curating multiple ecommerce pages,” the company said in a statement. “This browse technology takes a whole new approach, self-curating, learning from experience, and requiring no manual intervention.

Commerce 735

Commerce Retail Algorithm Learning 735

Intelligence Node

SEPTEMBER 28, 2021

Brands and retailers across the globe come to us looking for ways to turn mounds of competitive eCommerce data into intelligent, automated technology that helps them outperform the market. It is the holy grail that can make or break a retail business in the current climate. So how does a simple step like matching products […].

Retail 104

Retail Intelligence Intelligence Competitive 104

CXL

OCTOBER 11, 2022

The average ecommerce store devotes more than 80% of its marketing budget to customer acquisition. In this article, you’ll learn how ecommerce customer retention boosts long-term revenue and the strategies you can use to keep customers coming back. Table of contents What is ecommerce customer retention (and why does it matter)?

Education 92

Education Research Knowledge Benchmarking 92

CIO

NOVEMBER 6, 2020

With Covid-19 still keeping shoppers out of stores, data-driven technology is going to be more critical than ever this year to make sure customers enjoy a seamless path to purchase. But, are retail IT organizations ready for a stay-at-home holiday season?

Retail 325

Retail Technology Technology IT 325

Smart Data Collective

MARCH 24, 2019

Content specifically catering your target audience is the best way to generate organic traffic and boost ecommerce revenue. The post Four Data-Driven Tactics For A Successful eCommerce Website appeared first on SmartData Collective. To generate tailored content for your audience , you first need to identify who you want to target.

Commerce 162

Commerce Competitive Security Security 162

CIO

AUGUST 22, 2022

According to Eric Ritger, eCommerce operations lead at Harley-Davidson , “We needed to allow the customer to buy how they want to buy—and pay how they want to pay. The 2022 Global Digital Shopping Index from Cybersource, a Visa solution, clearly showcases U.S. Partnering with Cybersource makes that possible.”.

Retail 586

Retail Security Security Globalization 586

Smart Data Collective

JULY 9, 2023

E-commerce businesses around the world are focusing more heavily on data analytics. One report found that global e-commerce brands spent over $16.7 billion on analytics last year. There are many ways that data analytics can help e-commerce companies succeed. One benefit is that they can help with conversion rate optimization.

Commerce 180

Commerce Benchmarking Predictive Analytics Algorithm 180

Similarweb

AUGUST 19, 2021

The eCommerce world runs on data. Keep reading for a breakdown of how to identify the right engagement metrics for eCommerce reporting and present the data in the most actionable way for your clients. Metrics for eCommerce reporting. Virtually everything in the eCommerce space can be measured. You have the data.

Benchmarking 64

Benchmarking Analysis Competitive Landscape Competitor Analysis 64

Netbasequid

JANUARY 8, 2021

Consumer love has shifted from experiences to ecommerce. We’ll go over how this shift began and its impact on ecommerce, such as: Why consumers loved “experiences” over things pre-pandemic. Consumers replacing their first love with leveled-up ecommerce. An emotional shift – consumer sentiments before the pandemic and after.

Gaming 98

Gaming Travel Market Intelligence Intelligence 98

mention

MARCH 10, 2023

The situation is even more impressive in countries like China, where livestream ecommerce sales are expected to be over $600 billion by 2023. How to Use Live Video Shopping Effectively to Improve Ecommerce Sales Here are some steps you can take to get started on the right path and boost your ecommerce sales with live shopping.

Sales 347

Sales Commerce Retail Gaming 347

CIO

OCTOBER 30, 2022

These solutions, built for the desktop eCommerce era, lack the flexibility and scalability needed for spontaneous and high-volume sales powered by live shopping. During the COVID-19 pandemic, Kmart handled three times the online volume compared to pre-pandemic levels, and still, their eCommerce infrastructure was twice as fast.

Commerce 517

Commerce Retail Sales Management 517

Data Hut

MAY 6, 2022

Ecommerce companies are struggling to stay competitive in today's marketplace. As eCommerce grows and becomes more competitive, it becomes harder to maintain a competitive edge. So what are the keys to success for eCommerce? It's no longer good enough to simply provide a one-size-fits-all eCommerce experience.

Commerce 52

Commerce Retail Data Analysis Analysis 52

Smart Data Collective

NOVEMBER 19, 2023

The ecommerce sector is among those most affected by advances in analytics. We have previously pointed out that a number of ecommerce sites are using data analytics to optimize their business models. Data analytics technology has helped change the future of modern business.

Technology 208

Technology Technology Marketing Marketing 208