Mass customization is an essential strategy for e-commerce platforms to meet diverse customer needs without compromising operational efficiency. Orgill, a $4 billion hardware company with a 177-year history, exemplifies how thoughtfully executed mass customization can drive significant growth. Mass Customization in E-commerce: A Success Strategy with Growth Potential Mass customization in e-commerce is becoming increasingly …
The retail landscape has undergone significant transformation in recent years, with ecommerce emerging as a dominant force in the global market. As more consumers turn to online shopping for convenience, variety, and competitive pricing, businesses must adapt their marketing strategies to succeed in this digital ecosystem. Ecommerce Marketing: Strategies for Success in the Digital Marketplace …
Temu and Shein, two emerging e-commerce giants rooted in China, are currently transforming the fields of online retail and logistics. Both companies employ different but innovative strategies to expand their market presence in Europe, particularly in Germany. While Temu is opening its marketplace, Shein is building new structures in Germany that signal an intensive expansion. …
With Prime Days, personalized recommendations, and creative marketing tools, the online shopping high season has begun. Here are some updates and tips to help you make the most of the key sales phases in the fourth quarter – whether you’re a retailer or a consumer. The “Golden Quarter” in E-Commerce The fourth quarter is often …
We are excited to announce our latest blog post featuring the most exciting events and seminars for e-commerce and startups in and around Cologne this November! Whether you’re running a business, starting one, or simply looking to expand your network, this month offers valuable opportunities for learning and networking. Employment Law with Tax & Legal …
Almost two-thirds of German consumers plan to do their Christmas shopping in November and December. According to the Shopify Retail and Consumer Compass 2024, discounts, price comparisons, and loyalty programs are crucial factors in purchasing decisions and brand loyalty during Black Friday and Cyber Monday. In 2024, Black Friday and Cyber Monday (BFCM) remain significant …
E-commerce companies see a high number of visitors every day. In 2023, over 19% of global retail sales were attributed to online sales. However, high sales figures also mean rising operating costs, including shipping costs, transaction fees, logistics costs, and marketing expenses. At the same time, competition with platforms like Amazon and eBay increases the …
The final chapter of the Online Shopper Trends Report introduces three key buyer personas, identified based on their specific shopping behaviors in e-commerce. Just in time for the peak season, DHL eCommerce has released the concluding chapter of its global Online Shopper Trends Report. This chapter delves deeper into the behaviors of consumers behind the …
We are pleased that you will be attending or presenting at the ISPC 2024 Conference – the 4th annual “International Scientific-Practical Conference” – on Thursday, October 10, 2024, and Friday, October 11, 2024. We would like to provide you with the program and all essential information, as well as details about the schedule and venue. …
Numerous dynamic variables are influencing the industry, causing the global Direct-to-Consumer (DTC) e-commerce market to experience unprecedented growth and transformation. This comprehensive market study provides deep insights into the global DTC e-commerce industry, highlighting key challenges, new opportunities, and current trends. The report covers essential topics, including market drivers, constraints, opportunities, the competitive landscape, and …
Green Skills are becoming increasingly important in all sectors, but in e-commerce, there is a significant and growing gap in environmental qualifications. To address this challenge, employees must develop climate-related competencies. The e-commerce sector also faces a shortage of experts in sustainability and clean technologies to meet the rising demand across various industries. The urgency …
In the fast-paced world of e-commerce, switching systems is sometimes inevitable. However, the end of one system doesn’t mean the end of the world; instead, it opens up new opportunities. A change often brings a breath of fresh air, offering numerous advantages and chances for optimization. Imagine a road trip. You’re driving your trusty car …
“Incredible! I thought she was a real person!” exclaimed a visitor in amazement after discovering that the livestreamer selling beauty products on a large screen was actually a digital person—a form of AI technology. The digital livestreamer, named Yanxi, has completed over 400,000 hours of livestreaming for more than 5,000 brands. Attracting at least 100 …
Online retailers today face the challenge of standing out in an increasingly competitive market – unless they have specialized in a very specific niche. So, how can they differentiate themselves from the competition and capture the attention of consumers? ECC KÖLN and Riverty have investigated exactly this question. Their study shows that emotional customer engagement …
German Minister for Economic Affairs and Vice Chancellor Robert Habeck is working on an ecommerce action plan. With this plan, the government aims to create a level playing field between European online retailers and Asian platforms like Shein and Temu. A spokeswoman from Habeck’s ministry confirmed to the German business platform *Capital* that an ecommerce …
We are pleased to announce that the schedule for the 4th International Scientific-Practical Conference (ISPC) 2024 on “Digital Management and Artificial Intelligence” is now official! This conference, organized by the East European University (Georgia) in collaboration with IU International University (Germany) and Adelphi University (USA), will take place on October 10 and 11, 2024, in …
The furniture retailer Ikea plans to launch a marketplace where customers can sell their pre-owned Ikea furniture to other consumers. By doing so, the company aims to expand its online revenue. The company has already launched a pilot in Spain and Norway. The Swedish retailer is well-known for its furniture. In several European countries, Ikea …
Cart abandonment remains one of the biggest challenges for online shops in 2024. According to the latest semi-annual report by uptain GmbH, this issue is not only still present but is also showing a tendency to increase. The results are based on data from 10 million users across more than 1,500 online shops. Devices play …
Der MultichannelDay 2024 steht vor der Tür! Am 29. August wird das RheinEnergieSTADION in Köln erneut zum Treffpunkt der E-Commerce-Szene. Mit dem Ziel, den Erfolg des letzten Jahres zu übertreffen, versammelt das Event die besten Köpfe der Branche. Hier erfährst Du, worauf Du Dich freuen kannst – und wer noch kein Ticket hat, kann es …
From a cult catalog to a shopping app with an integrated online marketplace – Otto has successfully mastered digital change. But online retail is facing growing competition from China. Anyone who thinks of classic mail order when they hear the name Otto is definitely wrong. Traditional mail order has long been a thing of the …