Industry Buzz July 2020

Hi, sellers! How’s everything going? This month, we’re proposing some tips that will help you figure out how to minimize the impact the pandemic might have on your online business. Our July Industry Buzz is packed with advice on choosing an eCommerce business model adapted to these times, useful tips to position yourself on the market, and strategies to increase conversion rates – these will ensure you stay profitable despite the challenges.

Read on to see how to help business thrive!

 

We can tell you a lot about how to increase the revenue of your online business, but it’s best to see with your own eyes. Give our online calculator a try to find out the potential revenue uplift you could gain by selling online with 2Checkout! There’s always a potential source of revenue you’re not exploiting enough, so leave it on us to point you in the right direction.

 

After leveraging 2Checkout’s flexible digital commerce platform, Audio Modeling gained more control over the customer experience, greater visibility into its online channel, and improved its conversion rates. With our monetization platform, Audio Modeling now has access to a more flexible reporting, robust order tracking, and improved analytics.

 

Brazil is the eighth largest economy and one of the top growth markets in the world. So it’s time to consider expanding your online business here, if you haven’t already done so. We’re sharing tips on how to localize the cart experience for your audience in Brazil, to gain a major revenue increase.

 

Now’s a good time to take your eCommerce business to the next level. For your starting point, have a look at the different types of business models and their features. Selecting an eCommerce business model is an important decision to make for your company, so learn from the mistakes and the wins of others to select the one that is truly going to bring value to the table.

 

We conducted a survey of 843 merchants from 50 countries, selling digital products, physical goods, and online services, to understand the impact the Coronavirus pandemic has had on their businesses. 12% of the survey respondents anticipated seeing record business growth due to the pandemic. For the rest of the insights, make sure you read the survey results!

 

The pandemic has led to increased competition in the online shopping industry. If you want to stay above the line, pay attention to your consumers and don’t take them for granted. Showing your customers you are willing to go the extra mile to service them will result in long time growth for your online business, even during challenging times.

 

Our latest release brings a multitude of new features and enhancements to the Avangate Monetization Platform. In today’s economy, it’s extremely important to work with an eCommerce provider that can help you grow and adapts to the challenges that might arise. Ready to scale your online business and conquer global markets?

 

The Data Security Standard (PCI DSS) establishes a secure system for online businesses and customers to reduce the risk of cyber-attacks. Major credit card networks rolled out PCI DSS in 2006, to ensure a robust security process dealing with all online financial transactions. As an online merchant, there’s a lot you have to keep up with, but we’ve got you covered.

 

This webinar with Patrick Campbell, Co-Founder and CEO of ProfitWell, is a catch for any subscription business owner. It brings an overview of monetization strategies based on insights extracted from over 18,000 companies. Top pitfalls to avoid, strategic insights specifically for eCommerce, and tactical tools to increase revenue and customer satisfaction – you’ll find everything you need in this webinar.

 

Talia Wolf is Founder & Chief Optimizer at GetUplift and one of the most influential voices in conversion optimization. We’re sure you’ll want to hear everything about analytics, automation tools, machine learning, and the latest strategies to leverage in creating high-converting experiences for your prospects. Have a look, you’re going to like what she has to say!

 

In the meantime, we’re eager to hear your go-to growth strategy these days. Drop a line below and let us know what you’re up to!

The post Industry Buzz July 2020 appeared first on The 2Checkout Blog| Articles on eCommerce, Payments, CRO and more.

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