A post type for definition of term
A growing number of wholesale retailers are adopting consignment arrangements. But just what does that mean? In this concise guide, we’ll provide a short definition of consignment agreements and what … Read more “Consignment”
Gathering data and analysing it is key to developing as a business. When it comes to considering the important metrics of your online store, one term you will see frequently … Read more “Average Order Value (AOV)”
As your eCommerce business grows, so too does the amount of content you create for your website. Keeping your website up-to-date can be tricky, especially if you don’t know the … Read more “Content Management System”
What is Return On Sales (ROS)? Return on sales is a vital metric in any business operation to ensure it’s running efficiently and working toward your bottom line. Having adequate … Read more “Return-on-Sales”
Things are not always as obvious as you might expect. You may see a business advertised on TV or the internet and wonder, “what exactly do they do?”. Yes, they … Read more “Mission Statement”
What is Competitive Intelligence? Competitive intelligence (CI) is a core part of any business strategy. It involves collecting and analysing information surrounding a company’s market—including its competitive environment, competitor’s products … Read more “Competitive Intelligence”
There is a well worn phrase in business that ‘the customer is king’, which emphasises how important your customers and your future customers are to your business. And in the … Read more “Customer Experience Management”
Competition, especially amongst eCommerce brands, has never been fiercer. Customers have an endless variety of options to choose from when they’re shopping, and they’re looking for products and services that … Read more “Unique Selling Proposition”
Online shopping is more popular than it’s ever been. But as we buy more online, we’re also leaving more behind. Not all online shopping trolleys end in sales. In fact, … Read more “Shopping Cart Abandonment”