Merchandise returns are an inalienable detail of any online sales process. Despite all merchants strive to reduce returns they still cannot eliminate them completely.
Moreover, the average merchandise return rate is considerable nowadays and may take up to 20-30% in overall sales (Source: InternetRetailer.com), especially for apparel and other soft goods. The average return rate of U.S. retail stores is about 10%, according to the Annual Return Survey by The Retail Equation.
The more orders you have the more profit you get – it’s simple math. But multiple orders ae usually associated with the sophisticated backend order management and require much time and efforts starting from the very beginning – orders search and prioritizing.
Native Magento multi-shipping functionality is powerful and intuitive and allows customers to create orders containing several shipping addresses easily. However, Magento admins can’t enjoy the same convenience of the process in the backend. If the flow of your offline orders is heavy, they undoubtedly spend much time transferring such orders to Magento.
Multi Vendor platforms like Amazon and eBay are the largest online marketplaces, which are among the biggest global businesses, as well. So, creating a marketplace is definitely a great way to get additional revenues and diversify your business.
Running a successful and prospering online business is impossible without advanced reporting systems. High-quality reports are not only a source of indispensable commercial information, but also a great inspiration for original business decisions and breakthroughs.
Our previous Alexa 1 million top sites survey unveiled an unsurpassable leadership of Magento CE among world top e-commerce platforms.
But things change rapidly in this fast-paced and highly competitive market, and Magento itself undergoes significant changes. So, in order to keep abreast of the latest changes and trends we prepared a new edition of the study.
MagentoLive Germany is always a terrific event for the Magento Community in Europe, as it gathers numerous experts and outstanding people all around the world.
This year, powered by PayPal, eBay, and other e-commerce major players, the conference was, once again, an excellent opportunity to strengthen the community. Multiple invited persons, speakers, and attendees shared their vision of the future, discussed successes and obstacles, and delivered their knowledge about Magento and e-commerce in general.
Nothing better affects the appearance of an e-commerce store as a gorgeous and UX-friendly web store theme and today we glow to announce you our new products – 10 fine-designed responsive Magento themes from our partners.
Professionally looking and easy-to-browse online stores have much more chances to grab customers’ attention and hold it until the very checkout.
Pure sales are no longer the only marketing goal for merchants, as the sales funnel starts far beyond the checkout or even pages of you site, and a low price is no longer the only incentive for customers. Brand awareness, retention of customers, and continued loyalty – these are the greatest values for sellers nowadays.
The importance of social media is high for each brand, as most of us contact followers with promotions, important notifications, feedback requests, and some brands even provide customer service via social media.
So, we asked ourselves a question: “What are the differences of social audiences of main e-commerce platforms? Do they have something similar? Perhaps, they have some overlaps or similar locations, or anything else?” The presented below survey is designed to address these questions.
