article thumbnail

How To Boost eCommerce Revenues With Upselling

ConversionXL

According to Forrester research analyst Sucharita Mulpuru , product recommendations are responsible for an average of 10-30% of eCommerce site revenues. . Way back in 2006, Amazon reported that 35% of it’s revenues were as a direct result of it’s cross sales and upselling efforts. image source . Conclusion.

eCommerce 118
article thumbnail

5 Hot Ecommerce Trends to Watch

mashable.com

5 Hot Ecommerce Trends to Watch. The Evolution of Ecommerce Series is presented by Litle & Co. , It is the new wave of commerce and, depending on the industry, ecommerce represents either an opportunity for big profit or a death knell for the brick-and-mortar business. Third-Party Ecommerce Site Providers. Like Tweet.

eCommerce 101
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The End Of “Build It Yourself” Software

YoungUpstarts

Companies that once spent millions building their own CRM or ecommerce platforms are now migrating to Salesforce and Magento. So they use a pre-made solution, customize the appearance, plug in sales tax and ecommerce software, and then sell immediately. since 2002 and its Chief Executive Officer since February 8, 2006.

Software 248
article thumbnail

A Look at What’s Fueling Startup Investments in Colombia

ReadWriteStart

In addition to a growing connected population, a shift in consumer habits is driving eCommerce. The eCommerce industry is growing steadily, with a 24% increase in the number of digital transactions from 2016 to 2017. Shift towards online consumption. – Industry gaps. Colombia suffered decades of violence, instability, and corruption.

Colombia 146
article thumbnail

This Week in VC with Dana Settle of Greycroft Partners

Both Sides of the Table

It’s always fun debating companies with Dana because she’s always so knowledgeable on deals – particularly those in the digital media, ad-tech and eCommerce spaces. Their first fund was a $75 million fund raised in 2006 and they very recently announced a brand new $130 million fund. Greycroft is an early-stage VC. Competitors: Knewton.

Partner 240
article thumbnail

What is Brand Equity in Marketing? (How to Become Memorable)

ConversionXL

It’s one of many ecommerce software platforms on the market but only the fifth most popular by market share. It’s also not the cheapest ecommerce platform: Squarespace plans start at $12 per month, Woocommerce has a completely free plan, and Shopify’s plans start at $30 per month. Take Shopify. Image source. Brand equity.

Equity 94
article thumbnail

Netflix vs. Blockbuster and bad profits (reflections from my Bazaarvoice days)

Austin Startup

what was going to really make social work in an eCommerce environment. Back in 2006, the only way to rent from Netflix was by mail, where you received a DVD in the mail and you could only have a certain amount of them checked out at the time (I believe we had a subscription that allowed us to have three out at a time.) 18, 2006, Dec.