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What Is AOV? Meaning, Importance & Tips to Improve Average Order Value

Groove

When you are able to boost the average amount of money that a customer spends on each order, you can reduce the need to acquire more customers and potentially cut shipping costs. This could help your company grow while minimizing your advertising expenses.

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Rethinking Retail Returns

Retail TouchPoints

Welcome to the world of retail returns, an expensive, cumbersome yet essential part of the industry. Returns negatively impact brands in several ways including processing costs, shipping fees, unsellable merchandise and more. of all purchased goods were returned to retailers. of all purchased goods were returned to retailers.

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Ecommerce Shipping: Your Step-by-Step Guide to Shipping Profitability

BigCommerce

Putting an effective ecommerce shipping strategy in place is one of the most impactful steps you can take to grow your business online. Of course, while shipping can be a powerful point of differentiation for your brand, it’s important to make sure that your company can actually act on the strategy. Ecommerce Shipping Best Practices.

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eCommerce Site Analysis - The Basics

Groove

The first step in your eCommerce strategy moving forward should be a thorough eCommerce site analysis. I’ll just give a few high level examples of things I look for while conducting an eCommerce site analysis. Is the user being shown the final pricing with taxes and shipping included? Is the navigation easy to use?

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The Ultimate E-commerce Shipping Report For Small Businesses In 2023

Inflation, cost of shipping, and changes in consumer spending are some of the biggest challenges online merchants face today. Get a thorough analysis of these trends, current customer behavior, and more in Shippo’s latest “2023 State of Shipping Report."

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Advanced Conversion Tips: Analysis, Action & Attribution for 567% ROI

BigCommerce

Not only do you have to take care of daily operations — stocking items, arranging shipping, sourcing the best prices, etc. — Other factors” here include the assumption that the number of visitors and the product prices will remain the same. For example, some customers may find your shipping prices prohibitively expensive.

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3 Hidden Traps for Retailers this Holiday Season

Retail TouchPoints

If your team hasn’t considered the following three challenges, though, now is the time – before they become profit pitfalls and everyone from FP&A (financial planning and analysis) to operations is caught flat-footed. this year (excluding political advertising) to $360 billion – and those high prices could spell disaster.