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Understanding eCommerce Business Models: A Guide

Wiser

The Fundamentals of eCommerce Business Models An eCommerce business model is a strategic business plan, outlining how an online business will generate revenue, identify the targeted customer segment, and deliver value to said customers. Key Features: Personalized marketing, direct interaction with customers, diverse product offerings.

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Have Temu and Shein Thwarted Wish’s Hopes of a Comeback?

Retail TouchPoints

And Wish, which held that top spot back in 2018, has now dropped out of the top 50 completely after having fallen to #35 as of last March. There are other troublesome indicators for the company: Q2 saw declines across the board at Wish. The trade-off is long shipping times, another thing Wish is working hard to improve.

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How Snipes’ Tech Base Enables it to Master AI and Manage ‘Black Friday Every Week’

Retail TouchPoints

stores and 12X digital revenue growth over the past few years — has required Snipes to reimagine the approach it took in Europe while powering operations with a strong technology stack. “ We are very focused on getting physically in front of our consumer, and i n Europe the strategy there is around very niche markets like dance, BMX, etc.

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‘Fast Delivery is Table Stakes’: Foxtrot CEO on Standing Out in the Crowded Digital C-Store Space

Retail TouchPoints

Rapid delivery services are changing the convenience store landscape by adding even more options for hungry shoppers to stock up on what they need on their own schedules. Foxtrot is taking its own approach to the rapid delivery market by embracing a fully omnichannel operation.

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Balancing Act: Financial Planning Tips for E-commerce Startups on a Tightrope

365 Retail

With careful planning and strategic investments, entrepreneurs can set their business up for sustainable growth. Determining an Initial Budget When creating your initial budget, be realistic about the required upfront costs—many expenses like inventory, web hosting, and payment processing scale with sales volume.

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How Australia’s largest online art retailer is bringing NFTs to the masses

Inside Retail

The website, Bluethumb Digital, is designed to attract crypto converts and more traditional art collectors alike, with payments accepted via Ether (the native cryptocurrency on the Ethereum blockchain) and credit card. Prices listed on the website range from a few hundred to several thousand dollars. Lowering the barriers to entry.

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Trunk Time may be Costing You

Retail TouchPoints

Ecommerce retailers are looking for ways to minimize the bottom line impact of returns — some even forgoing recovering the product to save on shipping costs. Their most common complaint was centered around retailers not including a return label in the shipping box. Does anyone actually like returns?