000 to be profitable. Whereas if a competitor’s average profit per customer is only $200, they can’t spend anything above $200—but you can because each customer is worth more.”
Tracking the right ecommerce metrics and KPIs allows you to make more informed decisions, better understand your inventory needs, gain insight into customer behaviour, increase loyalty and strategise for futurebusiness growth. In short, it gives you the information you need to gain a competitive edg...
If you’re looking to improve your add-to-cart rate, the first place to look is your pricing strategy. Scope your competitor’s products to see how your pricing stacks up and see if tweaking your prices has any effect on your add-to-cart rate. That said, you should also examine the ...
A key Termly competitor, Usercentrics, offers robust features for data privacy and security, crucial for eCommerce sites. 2. Perform regular SQL checks SQL injections can be made in any user input form on your website, so checking regularly for theskinds of vulnerabilities is paramount to ...
2. Do Market Research:In the second step, you can conduct market research to understand the target audience, find gaps, missing features, and functionalities by gathering feedback, and so on. In addition to all, don’t forget to do a proper competitor analysis. This will surely help you ...
Free Competitor Analysis Tool Sydney Go Sydney has been creating content for over 10 years. She has been a writer, content manager and coordinator, editor, and strategist. At Semrush, she’s a blog editor who makes sure each article is as accurate, optimized, and helpful as possible. ...
Look for software that offers different pricing plans or packages you can upgrade to as your needs increase. Features: Look for time-saving tools like invoicing, expense tracking, sales tax calculation, payroll, and multi-current support that can help streamline your admin tasks. Easy to use: ...
3. Competitor analysis Next, you’ll need to analyze your competitors. While this is an important part of many industries, eCommerce niches are some of the most competitive online platforms in general. Therefore it’s important to analyze your competitors, find out the advantages you have agains...
Competitor analysis: Keep an eye on your competition to stay one step ahead in the rankings Performance tracking: Monitor your site’s search performance and make data-driven decisions to improve it By leveraging SEO tools, you’re not just guessing about what works. You’re using data and ap...
Free Competitor Analysis Tool Aida Knezevic Aida is a freelance content writer and marketer for B2B and B2C SaaS companies. With nearly 5 years of experience writing content both in-house and as a freelance agency marketer at Animalz, her work has covered a variety of online marketing topics—...