Let’s talk about the key considerations for brands looking to sell direct to consumers, and the benefits of a platform approach. We’ll discuss; Key retail
Definition: An address verification service is a system that checks to ensure the customer’s entered address is registered with major shipping carriers. Ecommerce stores can use this verification process to reduce the number of checkout errors, increasing conversion rates in the process.
In order to fully understand ecommerce, let’s look at its history. In general, businesses can be classified into six main types of ecommerce: B2C. B2B.
Recent research discovered that 90% of UK shoppers use Amazon with over 40% accessing its Prime subscription service. On top of this staggering stat, one-fifth of Amazon shoppers use the service once a week. Yet the dominance of marketplace shopping extends far beyond Amazon. Last year, $1.66 trillion was spent globally on the top 100 online marketplaces. But it’s not just sales volume that’s exciting about online marketplaces. They are a hotbed of innovation and leading e-commerce best practices across all markets.
Chris Grant (he/him)
10th December 2019
2:00 pm
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