6 o’clock e- commerce news - 5 Tips & Best Practices For Marketplace Ecommerce Sellers, #25
An industry overview of the latest news from the world of e-commerce with authoritative commentary by Monogo only at 6 o’clock e-commerce news! Grow your online business and respond to current trends.
1. 5 Tips & Best Practices For Marketplace Ecommerce Sellers
There is a lot of talk that marketplaces are growing in strength. The answer as to whether it is worthwhile to start selling through these platforms seems obvious. However, what can you do to stand out from the demanding competition? Creating an attractive offer may seem time-consuming, but there are a few simple tips, the application of which will effectively strengthen the chance of reaching customers. Remember content is the king - first, pay attention to an attractive description of your offer, as well as clear photos of your products. Focus on getting reviews - the algorithm will naturally position products with positive customer reviews higher. Ensure that the prices of your products do not deviate from the market. Prices that are too high will deter customers. Finally, take care of customer service - always answer questions and provide necessary information.
If you have questions about integrating your ecommerce platform with your chosen marketplace write to us. We will be happy to share our experience.
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2. Having the Checkout Page That Gets It Done
Acquiring a customer in an online shop is difficult. And once we have such a customer, we would like him or her to make a purchase. However, there are plenty of pitfalls waiting for our consumer that can effectively dissuade him or her from buying. Certainly, a critical place is the shopping cart and the checkout. From a CX/UX perspective, these are very important elements that determine conversion. As many as 44% of the online shops surveyed say that the investment in this area, of the purchase path, has been very important to them. Want to learn more about improving conversions and recovering abandoned baskets? Contact us!
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3. E-Commerce in Norway – A Highly Developed Market!
Norway is the smallest of the Nordic countries. However, Internet penetration among the country's population is as high as 99%. Probably because of this, Norwegians are not afraid of cross-border online shopping. The most popular country from which Norwegians buy is China. The share of foreign e-commerce in this market is as high as 20%. This is an opportunity for our home-grown shops that are thinking of expanding abroad. However, let us remember the special type of VAT that is in Norway - VAT on E-commerce.
Read more about: E-Commerce in Norway – A Highly Developed Market!
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To be read on Monday, punctually at 6 a.m.!