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E-Commerce Strategy Guide 2024

This document provides an overview of e-commerce strategies and trends. It defines e-commerce, discusses business models and growth over time. The document also outlines strategies for web development, customer experience, marketing, payments and emerging trends like AI and sustainability.

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0% found this document useful (0 votes)
44 views12 pages

E-Commerce Strategy Guide 2024

This document provides an overview of e-commerce strategies and trends. It defines e-commerce, discusses business models and growth over time. The document also outlines strategies for web development, customer experience, marketing, payments and emerging trends like AI and sustainability.

Uploaded by

f234044
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 12

A comprehensive guide

E-commerce
Strategy: Driving
success in the digital
age
Hamna Arif
23F-4044
E-COMMERCE
STRATEGIES
Definition

 Electronic commerce commonly known as E-


commerce

 Refers to the buying and selling of goods or services


using the internet.

Significance

 Cost efficient

 Data driven insights

 Convenient

 Global reach
05/04/2024 E-commerce Strategies 2
Business models:

B2C
Business to
consumer e-
commerce

C2B B2B
Purchaser to Business to
business e- Types of e-commerce business e-
commerce commerce

C2C
Consumer to
consumer

05/04/2024 E-commerce Strategies 3


E-commerce growth over the years:

Retail e-commerce sales worldwide from 2014 to 2026

05/04/2024 E-commerce Strategies 4


E-Commerce strategies
Web Development:
• Create an intuitive, responsive website for an
exceptional user experience
• Mobile Optimization: Ensure your website is
mobile-friendly, catering
to the growing mobile user base.
• Security Measures: Implement robust security
protocols to protect customer data.

Customer Experience:
• Customer support response time
and satisfaction
• User Reviews and Their Influence on
purchasing Decisions

05/04/2024 E-commerce Strategies 6


Product and service offerings:
• Personalization's Impact on Customer Retention

05/04/2024 E-commerce Strategies 7


Digital Marketing:
• SEO Traffic Growth and Conversions

• Social media engagement and sales

05/04/2024 E-commerce Strategies 8


Payment and shipping :
• Preferred Payment Methods by Region

05/04/2024 E-commerce Strategies 9


Emerging Trends:
• AI Adoption in E-Commerce
a)Chatbots for Customer Support
b)Predictive Analytics for Inventory
Management
• Augmented reality applications
• Sustainability Initiatives
a)Eco-friendly Packaging
b)Carbon-Neutral Shipping

05/04/2024 E-commerce Strategies 10


Conclusion
• E-commerce strategies are
essential for businesses
• Understanding the fundamentals of
e-commerce, implementing
effective strategies
• Businesses can expand their reach,
improve customer experiences.

05/04/2024 E-commerce Strategies 11


References
1. A Systematic Study on the Recommender Systems in the E-Commerce
2. https://www.statista.com/statistics/379046/worldwide-retail-e-commerce-sale
s/
3. https://www.nngroup.com/articles/iterative-design/
4. https://www.smartinsights.com/mobile-marketing/mobile-marketing-analytic
s/mobile-marketing-statistics/
5. https://www.cloudways.com/blog/wordpress-security-issues-and-fixes/Shopify Statistics —
Stores, Revenue & Trends (2023)
6. Survey: 90% Of Customers Say Buying Decisions Are Influenced By Online Reviews
7. https://moz.com/blog/how-to-do-conversion-rate-optimization-when-you-dont-have-much-traffic
8. https://www.smartinsights.com/digital-marketing-strategy/long-term-social-media-engagement-leads-in
creased-sales/
9. https://www.statista.com/statistics/508988/preferred-payment-methods-of-online-shoppers-worldwide/
10. https://www.datapine.com/blog/sales-graphs-and-charts-for-managers/

05/04/2024 E-commerce Strategies 12

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