At the Business Development Bank of Canada (BDC), account managers use iPads to authorize loans for entrepreneurs of up to $750,000 in less than 30 minutes. BDC’s Express Loan application is part of its commitment to develop online and mobile capabilities to make it easier and faster for entrepreneurs to obtain financing. Indeed, research shows […]
New apps for business mobile banking are gaining momentum Read More »
The G7 is concerned about economic stability and they see Facebook as a threat. This highlights the need for the IT industry to provide self-governance that world governments can trust to be ethical. Last year the G7 discussed AI issues and there has been an ongoing concern with cryptocurrencies like bitcoin. On top of this
Video is the most compelling medium for showcasing eCommerce products. Text explains the benefits of a product. Images capture a shopper’s attention and create an emotional connection. But only video harnesses words, images, and sound, a combination that delivers an abundance of creative possibilities resulting in longer engagement. But many eCommerce retailers approach video with
When you’re creating your ecommerce site, you may have an idea of the way you want it to look or you might have no idea where to start. Today, we’re going to run through what to look out for when designing your ecommerce shop and what makes an amazing site. Theme The first question you’ll
Things to Consider When Designing an eCommerce Website Read More »
A 15 per cent tariff on Chinese goods came into effect on Sunday, Sept. 1st. As part of the ongoing trade war between the U.S. and China, the new tariff could significantly drive up the cost of electronics for consumers. While TVs, phones, and audio gear are just a subset of the long list of
U.S. trade war hits consumers with higher electronics pricing Read More »
The Competition and Consumer Protection Commission (CCPC) has today published new research on the experiences of consumers in Ireland who buy online from retailers based in the UK. The publication of the research comes as the CCPC begins a six-week public awareness campaign, aimed at preparing consumers for the potential impact of Brexit on their
CCPC Research Highlights Potential Impact of Brexit on Online Shoppers Read More »
Cost driver: One of the key drivers of cost for ecommerce businesses is the last mile delivery charges. Consumers have the option to switch between e-retailers depending on their willingness to pay delivery charges, which is generally significantly low. This notion puts the power into the hands of the customer. Delivery charges, when added just
How to use anomaly detection to balance your distribution budget Read More »
Of the business models that have thrived on the internet, arguably none has been as successful as the subscription business model. Thanks to this, seemingly every type of product or service, from movies to clothing, can now be purchased through subscription services and there is little doubt that the model is here to stay. In
How can companies prepare for subscription fatigue? Here are five ways – Econsultancy Read More »
Amongst the Econsultancy blog team, we’ve been choosing some of our favourite ecommerce sites. Some have been picked because they offer an excellent all-round experience. Not all are perfect, but were chosen for specific aspects which others can copy/learn from. If you’d like to learn more about ecommerce, take a look at our Ecommerce Best
Which ecommerce sites are getting it right? Here’s 21 of the best… – Econsultancy Read More »
With the revolution of ecommerce, a user shopping behavior & habits have changed unprecedentedly over the years. Now you can buy online anything with a single click. Many traditional industries such as Finance, Telecom, Pharmaceutical, etc. have started selling their products online. However, the transition process from offline to online is not easy for a
Choosing an eCommerce Platform? Here Are Factors to Look For Read More »
