There have been a lot of discussion related to metrics used to access retail performance. Before the emergence of electronic commerce in the 90s, comparable store sales performance was a dominating metric. After that, multiple new terms like gross merchandise volume (GMV) & customer lifetime value (CLV) arose. Since 1990s, physical and electronic worlds have…
In 2017 eCommerce revenues reached 2.3 trillion $ and the sales will continue to grow. According to Statista.com eCommerce sales will climb 4.13 trillion $. What will stimulate customers to purchase more in 2020? What trends will rule the next two years before 2020? How to increase the income of an online store? We’ve made…
The e-commerce industry seems to never stand still. The constant rapid growth has become an inseparable part of it. According to the latest surveys, around half of the sales in stores are conditioned under digital e-commerce. The latest e-commerce trends come to prove that losing your chance of getting in touch with your potential clients…