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There is no doubt that sharing is a huge business. According to Jeremiah Owyang and VB Profiles – a market intelligence firm partly owned by VentureBeat (VB), “currently in the sharing and collaborative economy, there exist companies of 17 billion-dollar with 60,000 workers and $15 billion in funding”. This incorporates both popular and the old eBay which was brought to life during the time when there weren’t much advancement in technology and the comparative new companies like Uber, Etsy, Chegg, WeWork, and Airbnb. Uber Uber Alles, Right? A majority of the startups today are comparatively fresh, however, in a short

The Inbound 2016 was attended by 19,000 people where Brian Halligan and Dharmesh Shah, co-founders of HubSpot shared their views regarding marketing history and its fate with the audience. Presented in this article are the things that incorporate a small interview and the essence of this presentation. Bots will be dominating the year 2017 and the same is stated by Halligan who said that in the next five years, the navigation and the current process of using apps will be changed and people will simply ask questions and talk with bots. This advanced method of usage is much easy and

People often presume an ecommerce store and an online marketplace as the same thing. Though, there are some underlying contrasts between them. Today, ecommerce is no longer a new concept in the market and it has turned into more of a requirement. The area of ecommerce has grown immensely since the time it was developed. However, today, the concept of the marketplace is flourishing in the market, too. The marketplace is an online platform where various sellers can market their products to the customers. Here are some of the most significant differences between an ecommerce website and a marketplace. Lighter

When customers visit your ecommerce website in order to shop their desired products, they may eventually add it to the cart if they find it at the reasonable cost. However, when they go to the checkout page, where the delivery and handling charges are displayed, customers start to reconsider at this point as what earlier seemed as a reasonable cost has turned costly after adding shipping. Customers either go on with the shopping notwithstanding the raised price or they simply leave their cart disappointedly and head towards another website. But there are ways through which you can impact the decision

Facebook has rolled out what it terms as Marketplace, a platform for the users to purchase, sell and find items in their locality. The marketplace will be first officially launched in the U.S., U.K., Australia, and New Zealand to the users of Facebook who are of course 18+. According to project manager, Bowen Pan, Marketplace is an evolution of an existing behavior on the social network. Already Facebook is used by 450 million people to buy and sell used goods every month, mainly through its group’s feature. But with the onset of Marketplace, it will now provide the users a

With the advancement in mobile technology, it has become essential for any ecommerce business to have a mobile presence in the market. Most of the users now search and shop products and services online through smartphones, tablets and iPhones and very few users still, prefer desktops for such purposes. In order to make the most out of budget for marketing, the brands must concentrate a notable division of work energy on consumers using mobile phones. Ecommerce companies consider it as a must have because, without a mobile marketing approach that is not tenacious, it is challenging for the companies to engage and connect with

If you own an ecommerce website and are looking for the search engine optimization (SEO) firm, the process can be long as it is increasingly becoming difficult to set the good SEO agencies apart from the bad ones. In case you are looking for the right SEO experts, the search starts with you. You must set clear goals, get multiple bids, examine predictors of the future, and listen to stories–that’s how you make sure to hire the right SEO firm. Apart from this, it is important that you pre-decide what you need, get case studies, multiple consultations, and references. However,

Ecommerce or electronic commerce is a business model that facilitates a firm or an individual to manage not just business over an electronic network such as the internet but also sell products or services and accept payment for transactions. Individuals or businesses involved in an ecommerce, b2b (business to business) or b2c (business to customers), be it buyers or sellers depend on internet-based technology in order to do their transactions via a website. It is now important for all the businesses to have an online presence and have a digital storefront to provide their services and products to the customers spread all across the globe. Ecommerce enables businesses to communicate

A vertical marketplace is an online platform where vendors sell their goods and services specific to an industry, profession, trade or a particular group of customers with specialized needs. Ecommerce giants like Amazon, Wal-Mart and eBay are struggling to keep pace with what vertical marketplaces like Uber, Odesk, Airbnb, and the likes are bringing to the fore. These ecommerce giants serve several industries and carry a plethora of products and services, which may or may not relate to a particular industry.   Vertical Marketplace Share Ecommerce businesses using vertical marketing should be able to exhibit their products and services better. A

“We see our customers as invited guests to a party, and we are the hosts. It’s our job every day to make every important aspect of the customer experience a little bit better.” Jeff Bezos  Customer segmentation in the context of ecommerce marketing is the method of utilizing customer data to prepare a customer group that has shared attributes in order to customize communication to say many things in different ways. In this customized communication, people believe their requirements and interests are addressed explicitly thus, they tend to respond better and be a high value to your business. Here are some of the benefits