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The just in time inventory management system started as a manufacturing process. Over time, it has become popular in many sectors of the economy. ECommerce companies use just in time inventory to stay nimble in the face of changing consumer […]
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On October 17, 2018, the Trump Administration announced plans to withdraw from the Universal Postal Union (UPU) treaty. The dispute was about discounted postal rates charged on Chinese packages shipped to the US. The move was part of the administration’s […]
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The novel coronavirus pandemic has brought an influx of customers to online retail. Online sales were up 76% in June 2020 over 2019. That is good news for eCommerce businesses. However, many are facing challenges in dealing with returns during […]
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As 2019 comes to a close, it’s a good time to look back at a decade that was marked by remarkable change, not the least of which is eCommerce growth. Every year, new technologies made online shopping more accessible and […]
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Subscriptions aren’t just for newspapers and magazines anymore. Software and entertainment companies have transitioned customers out of a purchase or rental mindset. Now those products are often sold via a subscription business model. Users are more likely to pay an […]
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Believe it or not, eCommerce is a young industry and still growing quickly! It’s hard to remember that just 20 years ago, Amazon was a small online book seller. ECommerce predictions may be overtaken by new developments before the year […]
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According to data compiled by the US Department of Commerce, eCommerce sales in the third quarter of 2018 accounted for almost 10 percent of overall sales. This continued a steady, 10-year growth trend. Shopify reported that global eCommerce sales are expected to […]
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Today’s business landscape can often feel like a conveyor belt of “unicorn” companies getting funded at billion-dollar valuations, acquired for hundreds of millions of dollars, or successfully offered on the stock market. But, when you discover that 80 percent of […]
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In today’s world, customers need to be able to reach your online store by one or more device. In fact, recent statistics indicate that in America: 77% of people own a smartphone Nearly 80% own a laptop or desktop computer Around […]
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Virtual reality (VR) is something we’ve been hearing a lot about recently, but did you know your shopping experience could be influenced by this in the not too distant future? Or perhaps it already has? In this infographic, we’ll explore […]