Today, the international B2C market is doing so at break-neck speeds. Indeed, e-commerce is on an upward development. In many countries, sales projections for next year are estimated at $51.4 billion. Mobile commerce, emerging markets, brands moving into international markets, and advance shipping and payment options fuel this global growth. How can your venture in e-commerce make the most of the explosive opportunities? Here are some smart and effective tips for a successful e-commerce shared by the experts themselves.- Establish multiple channel offerings. Consumers demand variety and convenience. And they have different shopping methods. Today, your multi-channel strategy should combine online purchasing with in-store shopping; your multi-channel offerings should also include mobile app stores, catalog shopping, and even telephone orders, should these apply to your customer buying behavior. A store that can offer up on-the-floor checkout with mobile devices will boost sales better than a store that still uses traditional checkout. With multiple channel offerings, your e-commerce business can tap into opportunities, online and offline while giving what your customers want.- Invest in efficient and effective systems to run your e-commerce. It’s true that you need to offer up the best products at the best prices to gain traction in the market. But you also need to have the smartest ERP solutions. Expert retail brands like yours will achieve more by integrating applications that seamlessly manage and automate every aspect of the business.- Personalize experiences, consider specialized offerings. It sounds like a lot of work, and it is, but your e-commerce business will gain so much more. One-of-a-kind experiences can captivate customers and encourage brand loyalty. Meanwhile, individualized promotions can capitalize on niche markets that could prove lucrative in the long run.- Integrate mobile commerce. Don’t just use tablets and smartphones as part of your on-the-floor checkout and in-store online browsing. Make sure your mobile store can provide fuss-free access to services like delivery update, maps to your store or store layout and click-to-call, among others.- Improve customer experience across all channels. Online and in-store, a seamless experience that goes beyond means the trained personnel meets customer needs and uses the best POS software. To consistently provide a seamless customer experience for all channels, your e-commerce venture needs to be certain about product availability and implement smart supply chain technology.- Invest in innovative solutions. Finally, continue to evolve because markets, trends, and technology will change. Your e-commerce business has a better chance at growth when it never stops to improve and you will soon reach your goals of success.
Smart And Effective Tips For A Successful E-Commerce
US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 1.14%. While S&P 500 was trading at 3,701.66, up by 0.98% and Nasdaq Composite 10,690.60 was also up by 0.71 per cent
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US Markets in green on Friday; Dow 30 up over 345 points, Nasdaq Composite, S&P 500 up nearly 1%
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. Source: Reuters
US Markets were trading in the green on Friday with Dow 30 trading at 30,678.80, up by 345.25 points or1.14 per cent. While S&P 500 was trading at 3,701.66, up by 35.88 points or 0.98 per cent and Nasdaq Composite 10,690.60 was also up 75.75 points or 0.71 per cent. A Reuters report said that today’s strength was on the back of a report which said the Federal Reserve will likely debate on signaling plans for a smaller interest rate hike in December, reversing declines set off by social media firms after Snap Inc’s ad warning.
Source: Comex
Nasdaq Top Gainers and Losers
Source: Nasdaq
Earlier today, Indian stock markets ended the week on a winning note. It was the sixth straight gains for equity markets. The BSE Sensex ended at 59,307.15, up by 104.25 points or 0.18 per cent from the Thursday closing level. Meanwhile, the Nifty50 index closed at 17,590.00, higher by 26.05 points or 0.15 per cent. In the 30-share Sensex, 13 stocks gained while the remaining 17 ended on the losing side. In the 50-stock Nifty50, 21 stocks advanced while 29 declined.
Licensed Canadian Pharmacies
The quest for cheap health care products has led many customers to the doors of pharmacy shops based in Canada. While there has been some hue and cry in the United States over the safety issues pertaining to the drugs imported from Canada, many states of the US have already gone ahead and tied up with Canadian pharmacies licensed by Canadian provinces and governed by the laws and regulations of that country.The justification given for such a move is to make health more affordable and to ensure that much needed drugs are made available to the customers. States like Wisconsin have already short listed pharmacies based in Canada to provide mail order drugs to people back home. The short listing process included a visit to study the pharmacy’s facilities as well as the protocols used for filling prescriptions. The applicable Canadian laws were also studied to gain better insight into the measures adopted to ensure regulation of the industry and to discourage compromise on quality for commercial gains.Tying up with licensed pharmacies in Canada will definitely help in curbing the import of drugs from unlicensed firms there. It will also discourage sales of spurious counterfeit drugs. It will also mean that licensed Canadian firms can concentrate on doing business with assured business margins, without worrying about competition from unlicensed pharmacies. These unlicensed vendors will then be forced to obtain license if they are to stay in business.Some US firms have now launched a service which allows customers to verify the credentials of Canadian pharmacies before purchasing drugs from them. These firms provide information about the legal status of a pharmacy online. Pharmacies interested in going through this verification process are to first approach these sites and fill in a form that certifies that they are operating within the framework of laws of applicable jurisdictional laws. These pharmacies should comply with laws in both the city from where they are operating and the area where they are selling their products. The verification agency will then independently investigate the pharmacy and find out if the details furnished in the form submitted are true or not. One being cleared, the pharmacy website will be allowed to display a seal which indicates certification by the verifying agency.Many licensed pharmacies in Canada believe this is another step in increasing the customer base in US. These pharmacies can look forward to a entering into a long partnership with many customers and enhancing the trust factor in their relationship. Once a customer is assured of the quality of the product he is ordering, he can go ahead in confidence by being assured about the business credentials of the company he is dealing with.The licensed Canadian firms now want to increase the volume of business and transactions carried across the border. At the same time they don’t want the reputation of licensed Canadian pharmacies being soiled by the unlicensed ones selling drugs of inferior quality. These initiatives may just be the medicine that the licensed pharmacies were waiting for.