ecommerce - retail

12 Essential Key Metrics That E-commerce Businesses Must Track

12 Essential Key Metrics That E-commerce Businesses Must Track

Online retail or e-commerce has become a new playing arena for many companies. A lot of major e-commerce sites monitor some key indicators and metrics to study their performance against the overall trend in the industry and the market. These key metrics when used collectively, can help you study the behaviour of your customer, market …

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Big data - Data Analytics - Data science - retail

Product Data Analytics For a Successful E-commerce Businesses

Product Data Analytics For a Successful E-commerce Businesses

Being analytics-driven is the only way for an e-commerce business to succeed in the hyper-competitive market. Product data extraction and analytics from competitor websites is a KPI, or key performance indicator companies should measure. Most small and medium e-commerce businesses are not very tech savvy. They lack the technical resources to set up an in-house …

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Big data - retail

Why Predictive Shopping Will Dominate Retail in 2018

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A few years back, a huge debate had many the fate of many retail stores hanging by a thread. Many chains were wondering if retails store were a boon or just a liability. And where we are standing currently, the answer is pretty clear. But a more pertinent question now haunts us. ‘What next?’ The …

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ecommerce - retail - Web scraping

How Web Scraping can be Used to Increase Dropshipping Sales

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Imagine getting an extremely relevant and vital piece of information, for as little as $3.33 per hour. How appealing it sounds? One of the key findings in Distil Networks new report, 2016 Economics of Web Scraping states that any information can be scraped. Be it an entire website, product description, customers reviews, competitor pricing or …

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Data Analytics - ecommerce - retail - Uncategorized

How Adidas’ Focus on Data-Driven Growth Has Led to its Burgeoning Rise

How Adidas' Focus on Data-Driven Growth Has Led to its Burgeoning Rise

The Fourth Industrial Revolution is here and it’s all about the digital world. With the exponential growth of data and internet connectivity, brands are rapidly moving towards consumer-first mindset, with digital as its backbone. But how does a brand get to a point where it’s thinking is not only a part of brand philosophy but …

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ecommerce - retail

Chatbots for Retail: How retailers are using chatbots to boost customer engagement

Chatbots for Retail: How retailers are using chatbots to boost customer engagement

In present age, technology is developing at a pace faster than our ability to keep up with it. With technologies like embedded analytics and web scraping, the marketplace has now become a lot more competitive than it was 50 years ago. Retailers have been exploring newer technologies to build competitiveness and woo customers. But implementing a …

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ecommerce - retail

Walmart Acquires Flipkart: Impact on the Retail Industry and Consumers

Walmart Acquires Flipkart: Impact on the Retail Industry and Consumers

Earlier last week, the Indian retail scenario saw a major transformation with an acquisition that involved one of the biggest players in the Indian e-commerce industry and the largest retailer. On 10th May, almost everyone across various areas of interest was talking about, what is deemed to be the biggest e-commerce deal. Post 20 months …

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ecommerce - retail - Web scraping

How Web Scraping Can be used to Automate Dropshipping

How Web Scraping Can be used to Automate Dropshipping

Over the past two decades, the internet has evolved from a geek’s work to a common man’s daily functioning tool for pretty much everything. Widespread usage of the internet has not only simplified day to day functioning but has also opened new avenues of possibilities one couldn’t’ imagine before. One sector that’s been tremendously affected …

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retail

Online vs In-Store Shopping: How Can Retailers Close the Gap Between Online & In-Store Shopping

Online vs In-Store Shopping: How Can Retailers Close the Gap Between Online & In-Store Shopping

In today’s world, the word “shopping” doesn’t only mean the purchase of a product. Rather, it’s an entire customer experience. Right from the point when you enter a store, browse through its various sections, evaluate a number of different products in the same category, wait in line at the payment counter and finally walk out …

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ecommerce - retail

How 2018 will Usher in the Next Disruption in Online Shopping

How 2018 will usher in the next disruption in online shopping

Humans are a creature of habit. We love our habits, but we also like them challenged. Whenever the market presents a new toy for the customer to play with, we are only awed by it for some time before integrating it into our daily lives. And so, every once in a while we like something …

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