ecommerce

eCommerce (also known as electronic commerce) is a process of buying and selling of products or services, making money transfers, and transferring data over an electronic medium (Internet). This network allows people to do business with no barrier of distance and time.
Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
Wayfair Cuts 13% of Workforce While ‘Right-Sizing Its Cost Structure’
January 19, 2024  |  Retail

Wayfair is laying off 1,650 employees as part of its efforts around “right-sizing its cost structure.” The cuts amount to about 13% of its global...

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Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
Walmart and Amazon Get Back to Basics to Elevate Signature Shopping Experiences
January 19, 2024  |  Retail

In a world where Amazon and Walmart are always finding ways to go neck in neck, both retail giants are focusing on enhancing their established...

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Chinese Retailers Discount iPhones as Sales Volume Declines
Chinese Retailers Discount iPhones as Sales Volume Declines
January 18, 2024  |  Apple

As the Lunar New Year approaches, major online retailers in China are offering significant discounts on iPhone models. Alibaba’s Tmall and JD.com are among them. Apple, facing tough competition from...

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Grocery Aggregators Lag Behind Other eCommerce Marketplaces in Consumer Satisfaction
Grocery Aggregators Lag Behind Other eCommerce Marketplaces in Consumer Satisfaction
January 18, 2024  |  Aggregators

When it comes to online marketplaces, grocery-focused platforms lag behind other industries in terms of providing a positive customer experience. By the Numbers The new...

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Flashfood CEO Says App Drives Loyalty for Grocers With Deal-Seeking Shoppers
Flashfood CEO Says App Drives Loyalty for Grocers With Deal-Seeking Shoppers
January 18, 2024  |  Loyalty & Rewards

As consumers look for lower-priced grocery options amid ongoing budgetary pressures, Flashfood is seeing its eCommerce marketplace, which sells food that would otherwise go to...

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Pretty Links Introduces Branded Checkout Links for Online Sellers
Pretty Links Introduces Branded Checkout Links for Online Sellers
January 18, 2024  |  eCommerce

Pretty Links, a link management WordPress plugin, has unveiled its latest feature, a built-in payment-link function that allows online sellers to create branded checkout links...

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More Than 80% of Firms Struggle to Discover What Causes Failed Payments
More Than 80% of Firms Struggle to Discover What Causes Failed Payments
January 18, 2024  |  Security & Fraud

Firms know that failed payments damage their reputation, lead to customer churn and increase staff workload. Failed payments ultimately translate into a loss of sales...

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50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
50% of Acquirers Prefer Merchants to Offer Installment Payment Options During Checkout
January 18, 2024  |  Payment Methods

The use of split-pay plans is already widespread, and the last holiday shopping season was no exception, with consumers relying on different installment plans. The...

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When It Comes to Customer Experiences, When AI Speaks, Businesses Listen
When It Comes to Customer Experiences, When AI Speaks, Businesses Listen
January 18, 2024  |  Artificial Intelligence

To paraphrase author and customer relationship pioneer Martha Rogers, your customers are the most valuable asset your company has. Without them, you don’t have a...

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