A recipe for E-commerce growth & success in 2021
Lola Adebanji, EMEA e-commerce lead, Treasury and Trade Solutions Business, Citi, speaks about the direction commerce is heading in and what changes are we likely to see among consumer demands and traditional corporates. We talk about B2B e-commerce, what SMEs can expect to gain in 2021, and the best recipe for a company’s e-commerce growth and success for the year ahead.
DotcomWeavers’ Recipe for Success: eCommerce Strategy
Building a great eCommerce website can be a lot like cooking. A successful development and design strategy takes a great deal of planning and preparation before all the “ingredients” can be combined to “serve” the “entrée” to your customers.
The first step is to get all your “ingredients” in place – to visualize your project, gather all the necessary information, and define your requirements in details. The second step is the actual “cooking” – where all the “ingredients” come together and result in a beautiful dish that’s ready to be “served” and “eaten”.
DotcomWeavers considers the launch of your site to be worth celebrating, much like a dinner party. Once your site is up and your guests can start “eating”, that’s when the real “party” starts. This metaphor defines eCommerce in its perfect way, because eCommerce is about vision – ingredients – people – all of these coming together to take the whole process through to the end and manifest a recipe for success.
To learn more about DotcomWeavers’ process and how we may be able to apply creative strategy to help your business grow, check out our site: http://www.dotcomweavers.com/
Why China’s Shein is beating ASOS, H&M and Zara at fast fashion
Chinese e-commerce company Shein took the top spot as the most downloaded app in the United States in May, according to a report from intelligence firm Marketplace Pulse. The fashion giant outperformed TikTok and Instagram on the Apple App store and was far ahead of Amazon.
Since 2015, Shein has become a leader in its industry, initiating a new era of fashion experts call “real-time retail.”
“What Shein has done is, it has established a new norm, which is real time,” Allison Malmsten of Daxue Consulting told CNBC in an interview.
“It is very fast, and the products are updated much more frequently and at a higher volume than any other fast fashion brand.”
But its name has also been marred by trademark infringement allegations and questions about the sustainability of its manufacturing process — controversies some experts say could threaten the startup’s investment prospects.
“If it wants to IPO and if it wants to gather investments, then it really has to come clear and people really need to have peace of mind about what is happening at the company,” Malmsten said.
Watch the video above to learn more about Shein’s rise, successes and challenges.
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Small Business Ideas YOU Can Start Under $100 & Products To Start Selling Online (E-commerce)
Want to start an INVENTORY BASED e-commerce business? Here are TRENDING products that you can start selling & how to start your online business under $100!
Dropshipping tutorials are on my YouTube channel but THIS specific video is geared towards those wanting to sell unique, handmade products or start their small business from scratch. I give you ALL the information you need on my YouTube channel to start your online business & start selling products online:
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⭐️ FREE Dropshipping Course (if you do not want to hold inventory or make products): https://youtu.be/WhpLhtQ5fSM
⭐️ How I turned $100 into $400k in a year: https://youtu.be/VL0gmxDt800
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