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LS Retail is powered by MS Dynamics Business Central 365 and is an end-to-end POS solution preferred by global hospitality chains for streamlining their daily processes. For worldwide hospitality businesses, it helps them to improve staff performance, offer exceptional customer service, and increase their sale and brand loyalty. You can run hotels, restaurants, stores and services with one software solution that does it all.
Cyber Monday refers to the Monday after the Thanksgiving holiday, which is a 24-hour online shopping event generally observed in the United States.
For people working in Sales, the primary objective is to find new ways for the organization to grow revenue. In this quest, they are so engrossed in attracting new clients, that they often ignore or fail to effectively nurture existing clients. The investment put into customer acquisition far exceeds that of customer retention. Businesses often succumb to the idea that their product or service is excellent to retain customers and they need not put in any extra efforts to retain their existing clientele. However, with the stiff competition in the market, the lack of nurturing of existing customers can prove to be a great pitfall and lead to a product decline.
Technological advancement has put immense pressure on enterprises to take initiatives in becoming digital. There is fierce competition today in acquiring new customers and making them loyal to your brand. To do this successfully, customers need to embrace digital transformation techniques.
Social media marketing is no more just leveraged by huge businesses and brands and is equally beneficial for small businesses. There are various tools and strategies that help small business marketers successfully navigate the world of social media.
AR stands apart from all the emerging technologies of the modern world. It is steering the eCommerce world towards new horizons by opening new customer demographies by heightening the customer experience. AR has managed to successfully pique customer interest, and keep them engaged. It is revolutionizing the world of online shopping by providing customers an experience of brick-and-mortar stores from the comfort of their homes. The coming days will witness a huge surge of AR in the eCommerce market.
90% of B2B customers research 2-7 sites before they make a purchase.
The changing dynamics of the B2B world means that customers are increasingly shopping online through B2B websites. B2B stores need eCommerce as much as any consumer store. B2B vendors are moving away from traditional brick-and-mortar stores and are embracing digital transformation. A B2B website essentially refers to an online store for businesses to purchase the products they need to operate. Though every business differs, there are a few guiding modules or elements that every B2B website must-have.
The distribution industry can no longer function optimally if they continue using old-age methods of facilitating their business. The pandemic has further highlighted the need for digital accelerators to transform the end-to-end supply chain. With B2B customers leaning towards eCommerce, wholesale distributors also need to modify their channels accordingly. B2B marketplaces offer an opportunity for distributors to stay relevant, updated with the times, and provide users with an unparalleled customer experience.
The eCommerce industry is booming with vendors taking their business online. As an eCommerce vendor, you must be grappling with the choice between dropshipping and marketplace. These terms are often used interchangeably thereby giving rise to further confusion. Being a seller it is important to utilize the best strategies at your disposal to deliver a seamless customer experience. To do so, they must decide between dropshipping and eCommerce marketplace models.
B2B is one of the fastest-growing segments that has witnessed unprecedented acceleration post the pandemic. Smartphones, tablets, and other mobile devices are extensively being used to shop online. B2B retailers are looking for a seamless “Amazon” like experience while shopping for products and services. B2B eCommerce has very different functionalities and demands that sets it apart. A marketplace is essentially an eCommerce site that provides a centralized platform for buyers and sellers to interact and do business seamlessly.
Your website landing page is not the place for mediocrity: as it can make or break your conversions. Visitors visit your website and click away and you rack your brains to understand why there are no significant conversions despite all the optimization work. To nudge the audience in the right direction, writing an engaging, precise, and targeted copy is essential. Copyrighting isn’t some high art, but at its very core, it is about persuasion. It is about communicating the right message to your audience and convincing them to take the right action.
It is estimated that 71% of consumers prefer to conduct queries by voice instead of typing. - PwC, 2018
Gone are the days when customers would be typing in the search box to look for answers to their queries. eCommerce has drastically changed the way people shop online and voice search is one of the most hyped trends of recent times. The rapid adoption of Virtual Assistants like Amazon’s Alexa, Google Assistant, Apple’s Siri, and Microsoft’s Cortana, are great platforms that are successful with voice queries. As an eCommerce vendor, this is something that you cannot afford to miss.
If you are looking to develop a website for your business, you are most likely to have been through the debate of Traditional CMS vs Headless CMS and the implications it poses to your business. A Content Management System or CMS is a crucial component of modern-day websites, allowing an application to manage digital content without code or developing new pages.
Every modern online business to thrive has to consider implementing a Content Management System (CMS). It provides the framework and functionality for web design and development and helps in the quick management of content. A CMS offers a centralized platform to create, edit, and manage all your organization’s content. The coronavirus pandemic has further digitalized the economy and highlighted the need for going online.
An online store today provides us the luxury of transcending boundaries and reaching audiences far and wide. It has equipped the entire world to access global products and services. To serve such a diverse audience, it is important to speak in their language and reach to them in a way that compels them to buy. In today’s global world, it’s a great idea to develop a multilingual website.
Online traffic is what keeps an eCommerce store going. From the huge number of traffic that comes to your website, only a sizable portion are potential customers who will end up paying or using your products and services. Therefore, having huge traffic to your site will lead to better conversions and higher sales. Brands and marketers have equally stressed the importance of using SEO and PPC for increased web traffic. But what marketing technique is best suited to your brand? Do you need SEO, PPC, or an integrated approach? Let’s find out. While their end goal may be the same, they are vastly different concepts requiring different techniques and methodologies.
A Digital Experience Platform or DXP is an integrated set of technologies based on a common platform looking to meet the demands of companies undergoing digital transformation. Kentico has recently launched the Kentico Xperience 13 that is leading the future of digital experience platforms. The latest version of the Kentico 13 DXP is packed with a host of features and functionalities for marketers and developers, alike. With the rising market competition, Kentico 13 effectively accelerates digital communication for worldwide businesses.
Launching your Magento 2 website can be daunting especially without a well-crafted strategy for release. Each project has its special requirement and goal, and every launch, migration, or upgrade is different, but a checklist can highly help in navigating the unchartered territory.
Ensure that you go through the checklist to avoid any last-minute hiccups.
The world of “likes” and “shares” is now not only limited to personal conversations between individuals but is playing an equally important role in boosting up the sales of a brand and solidifying its position in the market. A brand’s social media presence makes it more approachable and is a great medium of conveying brand values, vision, and reaching key audience demography. Social media marketing has quickly become an important aspect of digital marketing and is leveraged equally by large enterprises as well as small businesses.
2020 is going to be remembered as the year that changed it all. While the world came to an economic standstill, eCommerce and digital sectors witnessed an unprecedented boom. While the world saw global lockdowns being implemented to deter the spread of the virus, businesses and consumers have increasingly adopted digital mediums to complete their routine tasks.
According to a report by IBM’s U.S Retail Index, department stores are expected to decline by over 60% for the full year. Meanwhile, e-commerce is projected to grow by nearly 20% in 2020.
Ready to promote your products online but don’t know how? With Google Merchant Center, now millions of people can discover, explore, and buy your products. Setting up a Google Merchant Center account is the first step in getting your products featured in the Shopping Ads campaign. You can edit your inventory whenever required, and reach your customers just where they are, catering to their niche demands. It is the perfect tool to show the right products to the right customers at the right time.
For example, a customer searches for “ceramic bowls online”, Google throws the following search results that guide the user to purchase the ceramic bowl from any of these online stores. The product ads appearing on the top of the search engine listings make it highly valuable. The Google product ads are highly effective, as they show the image of the product along with the price.
As a merchant, it gives your product much more relevance if it appears on the top of search page results right when potential customers are looking for it.
68% of online experiences begin with a search engine. (BrightEdge)
With more businesses getting online, it is important to make your website SEO-friendly and rank high on search engine results. Integrating SEO into your website will boost your rankings, especially on SERPs, and drive more traffic to your page. Once indexed, your web pages can serve the most relevant and valuable web-pages to users based on the niche topics they search for. With billions of people using search engines every day, only a meager 0.78% of Googlers click on results from the 2nd page. Therefore, it is important to develop an SEO-friendly website and build organic traffic to earn first-page rankings on Google.
The core benefit of a pre-launch campaign is to create hype around your brand and generate a positive market buzz. All brands today prior to launch create marketing campaigns to generate ample curiosity around their product among the target audience. No matter how exciting or amazing your product or brand might be, you need to sell the concept to the world. Unfortunately, just an amazing product is not enough to get you customers or sell your product right away.
In the last year, businesses have lost $756 billion because of poor eCommerce personalization. (OptinMonster)
The eCommerce landscape is constantly evolving and digital experiences are changing the way we shop. If you believe, that the world of online shopping is only restricted to B2C, then you couldn’t be further from the truth.
61% of B2B transactions start online. - Big Commerce
If you are a B2B merchant, it’s not enough to just create a website and add nominal features like product catalogs and a shopping cart since the market you are catering to has drastically changed and requires sophisticated, unique, and tailor-made solutions. The competition in the market is huge which means that in case the customers are not satisfied they will very quickly move on to your competitors.
With consumers increasingly relying on online shopping — it is estimated that 95% of purchases will be made online by 2040 — eCommerce is opening the doors of opportunity to countless entrepreneurs.
But like every other platform, the eCommerce industry is constantly evolving with the change in market circumstances and customer preferences. Many businesses across industries have now come online to capture the attention of the elusive audience. However, each online business is different and so no fixed formula works. It is essential to avoid cliches and understand the audience persona to market effectively.
