Tag - native app

Why e-commerce companies should concentrate more on cash flow than profit

Cash flow: (noun) the total amount of money being transferred into and out of a business, especially as affecting liquidity. E-commerce businesses worry a lot about bringing in the profit, but forget the importance of good cash flow. You may have concluded a good sale and made more than you spent, but unless that money is in hand at the right time you technically don’t have a profit. Simply put, if your money circulation is stunted, stuck or steamed, you [...]

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GST for e-commerce – the pro and cons

What is GST? Goods and Services Tax (GST) is an indirect tax throughout India to replace taxes levied by the central and state governments. The GST is a value added tax (VAT) which is proposed to be a comprehensive indirect tax levy on manufacture, sale and consumption of goods as well as services at the national level. It is a tax reform which aims to remove tax barriers between states and create a single market by replacing all indirect taxes levied on goods and [...]

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The 5 Fundamental Steps to Increase Mobile App Usage Frequency

First we’d like to establish that mobile app usage varies starkly between different industries. Game apps are bound to be used more frequently in a day whereas travel apps may be used once in few weeks on average. So when we talk about consumers using your app more often, the quantitative value of the word ‘often’ will be based on what your industry determines as the frequency of general usage. Of course, the first step is to employ devices to [...]

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Oldies embrace mobile commerce, too!

The millennial demographic, considered the tech savvy lot, is a little over-rated. More so, it has misled online retailers into believing that their focus must be primarily targeted on this group. But technology has impacted everyone and is playing a big part in the buying journey of all generations. The only variance can be seen in adoption rates and motivation that can differ by age. **Fallacy: Mobile technology is for the tech generation 6 in 10 seniors are internet users, under [...]

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How Are Consumers Browsing and Buying Behaviours Different Today?

  E-commerce and, consequently, m-commerce, are growing at such rapid paces even compared to offline sales, that it’s important that retailers and marketers understand the buyer’s journey. The buyer’s behaviour and customer’s attitude give insight into the buyer’s journey from browsing to buying. There are so many influences that come to shoppers in so many different forms – multiple online sources, traditional methods, social media, word of mouth etc. so it is important to understand how all these work together [...]

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The relation between UX and your mobile conversions

  The gospel truth is that user experience (UX) dictates retain rates. Because if your mobile app glitches, loads slowly, or can’t be easily navigated, visitors will drop off before they can reach the end of the first page. Now all the stats prove that the footfall on mobile devices surpasses that which comes through desktops; however mobile conversions straggle. Nonetheless, with mobile gaining prominence day by day, and with all the product research that begins on mobile devices, lots of [...]

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Drop-Ship or Don’t?

Drop-ship: /drɒpˈʃɪp/ verb Provide (goods) by direct delivery from the manufacturer to the customer. Before we go into the pros and cons, first let’s make sure we’re on the same page about what drop-shipping entails. Wikipedia defines drop-shipping as a supply chain management method in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer. As [...]

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Give your ecommerce business its own identity

You build an identity for your company. So each stage has to be developed to completion for the next stage to be steadily built upon. How do you do that? Judge you by your name It is not superficial. You can gauge a lot from a name. So make yours a rocking one. It must reflect you and your style – chic, elegant, understated, serious, funky, frivolous, fun… It also has to be memorable, fresh, and not too difficult to pronounce! [...]

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7 Steps To Set-up Google Analytics Correctly

Google Analytics (GA) is a web analytics service offered by Google to track and report website traffic. It’s the most widely used web analytics service on the internet. And best of all, this powerful tool is free and well supported by good online help! Which makes it a great tool for online retailers to benefit from analytics on their website as well as on mobile apps. With this tool you can know where your sales are coming from and [...]

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From Web Surfers to Loyal Mobile App Customers

While acquiring new customers keeps the business moving ahead, it is customer retention that keeps the wheels turning. So it becomes crucial to balance customer acquisition strategies with customer retention strategies, and not let one outweigh the other. Every business is vying to be on the smartphone screen of customers. One of the ways to do this is to convert web surfers into loyal mobile app customers. [We emphasize the word ‘loyal’ because it isn’t enough to just make them [...]

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