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Ecommerce Information |
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Ecommerce - Boost Your Business ROI
Did you know that over 90% of all online orders are processed by credit cards and that web sites that offer customers the ability to pay with credit cards can achieve up to 300% more sales than those that do not? It's a fact. Not only do more customers buy, statistics prove that customers actually buy more when given the option to pay with their credit card. Here are some recent trends that will reinforce the need to sell your product or service on the internet- if your business is not yet doing so: ?At the end of 2000, over 400 million people- world-wide- hadInternet access. That number is expected to reach over 1 billion by the end of 2005! ?Almost 100 million people in the U.S. are now making a purchase after using the internet to conduct their research. ?U.S. Consumers spent a record $13.7 billion in online purchases during the 2003 holiday season. A follow-up study conducted jointly by Goldman Sachs, Harris Interactive and Nielsen/Net Ratings pegged sales during the 2004 holiday season at $23.2 billion, up 25% from the previous year. This comes at a time when traditional retail sales are growing in the low single digits. ?Forrester projects that total e-commerce sales in the U.S. will increase by approximately 20% per year, growing to $229 billion in 2008, making online retail transactions 10% of total U.S. retail sales by 2008. In addition, in a survey conducted among more than 500 small business owners, the overwhelming majority indicated that they were either very satisfied or at least somewhat satisfied with their company's e-commerce return on investment (ROI). It's no wonder- when compared to traditional forms of direct marketing such as mail order catalogs, the cost of establishing and maintaining an e-commerce website is minimal. Additionally, new affordable, user-friendly storefront applications simplify the task of establishing and maintaining a professional e-commerce website. It is now affordable and doable- even for the novice small business owner- to convert their brick-and-mortar operation into a click-and-mortar operation and triple their revenues in a very short period of time! What's more, if your company sells products to consumers or businesses and you don't have a fully automated e-commerce website, your business is simply not operating at its full potential and you're sending customers to your competition! It is no longer a luxury for the small to mid-sized retailer to have an e-commerce enabled site-but a necessity to stay competitive in the marketplace. Rick Caraballo is the author of this article and the CEO of Avance Web Marketing- http://www.avancewebmarketing.com, a South Florida Web Marketing firm that provides state-of-the-art web hosting, web design, e-commerce and marketing consulting services- including Hispanic Marketing. E-Commerce services include merchant services, as well as, the Excerpo® Shopping Cart- a state-of-the-art e-business storefront application.
MORE RESOURCES: Alibaba-backed Asian group Daraz cuts workforce 11% Yahoo Finance 3 Top E-Commerce Stocks to Buy in February The Motley Fool Beijing pushes new measures to revive e-commerce activities in nation's capital South China Morning Post SKYX Signs to Acquire Strategic Lighting E-Commerce Conglomerate with $86 Million in Revenues and 64 Websites Yahoo Finance Holiday eCommerce Gift Card Sales Show Double-Digit Growth as Consumers Leverage Gift Cards to Combat Inflation Yahoo Finance Amazon and Alibaba lead in cross-border ecommerce Digital Commerce 360 Why small business now counts more than ever on B2B ecommerce Digital Commerce 360 Health info with price norm likely for ecommerce companies to curb unhealthy consumption Economic Times 4 Ecommerce Growth Levers Practical Ecommerce How to Integrate Ecommerce With Social Media Efforts Business Manchester Ecommerce Product Releases: February 1, 2023 Practical Ecommerce Getting Started with Live-stream Selling Practical Ecommerce Retail and eCommerce news from the week beginning 30 January ... Enterprise Times Shipt launches LadderUp to drive small business ecommerce Supermarket News How the Store Experience is Influenced by Ecommerce Multichannel Merchant How ChatGPT Drives Ecommerce Conversions Practical Ecommerce Using ecommerce as a tool for change Pro Bono Australia How To Use Pinterest For Ecommerce Search Engine Journal 17 Most Valuable E-Commerce Companies in the World Yahoo Finance How To Create A WordPress Ecommerce Website Search Engine Journal Internal linking for ecommerce: The ultimate guide Search Engine Land Why it's a great time to launch an ecommerce business The CEO Magazine How to Optimize Your eCommerce Store for Maximum Revenue BOSS Magazine Merchandising healthcare access: adopting e-commerce techniques Healthcare IT News First Steps to Sustainable Ecommerce Practical Ecommerce Charts: U.S. Retail Ecommerce Sales Q3 2022 Practical Ecommerce The future of ecommerce in Africa TechCabal How to maximize your ecommerce campaigns with Performance Max Search Engine Land Scaling eCommerce Should Not Crash eCommerce; SMBs Need a Platform That Grows With Them Yahoo Finance SEO: Canonical Tags Dos and Don'ts Practical Ecommerce 5 ECommerce Branding Mistakes You Need to Avoid StartupGuys.net January ecommerce sales more than a quarter down on December ... InternetRetailing Automotive E-Commerce Market to Grow Worth USD 213.08 Billion ... InvestorsObserver Senior Accountant, Ecommerce Clients Brookhaven Going Concern Adrian Urda (Cometex) will be a speaker at re:FOCUS on ... Business Review 8fig Launches “Freight with 8fig” to Bring Competitive Freight Rates ... - Global Trade Magazine 8fig Launches “Freight with 8fig” to Bring Competitive Freight Rates ... Global Trade Magazine TikTok's E-Commerce Management Structure Undercuts Claims of ... The Information TikTok Parent ByteDance's E-Commerce Volume Surged in 2022 ... The Information Simpli Home® to Plant One Tree for Each Purchase Made on Its ... 24-7 Press Release As Headwinds Mount, Lifetime Value will Become Ecommerce’s ... Retail TouchPoints Augustin Dobre (Twispay) joins Business Review's re:FOCUS on ... Business Review 12 new Google Analytics 4 ecommerce dimensions and metrics Search Engine Land FedEx scales back Sunday deliveries again as ecommerce wanes Digital Commerce 360 Email Marketing Is Like Dating Practical Ecommerce E-Commerce Shops: 12% Are Publicly Exposing Private Backups BankInfoSecurity.com Report: 50% of Amazon Sellers Will Expand to New E-Commerce Platforms and Global Markets in 2023 Miami Herald Retail and eCommerce news from the week beginning 9 January ... Enterprise Times The Next Evolution of E-Commerce Progressive Grocer E-commerce giant eBay to lay off 500 employees India New England Digital transformation and ecommerce logistics in the spotlight at air ... Creamer Media's Engineering News Daily Research News Online no. 34543 - eCommerce Data Platform ... Daily Research News Online |
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