Why Should You Build a Multi-Vendor Ecommerce Store?

Ecommerce Marketplace store

Online retail market is fast-growing and hypercompetitive at the same time. It will probably continue follow the same impressive growth trajectory in next few years.  In fact, Mckinsey estimates that by 2020 online retailing could generate $420 billion to $650 billion in sales.  The landscape of online shopping has become incredibly popular and nearly 85% of online shoppers prefer shopping on multi-vendor ecommerce store. Customers are loving the convenience of being able to buy things from the comfort of their

20 Proven Product Detail Page Elements To Double Ecommerce Marketplace Conversions

Oorjit product detail page blog

Product detail pages play an important role in making your customers take the ultimate decision on whether to buy or not. It is very important that you always keep your detail pages up to the standards such that you can increase the conversion rate. The following features have been found to have great influence in highly successful sites.   Also Read: 6 Must-Have Capabilities of an E-commerce Software to Increase Average Basket Size 1.       Breadcrumb navigation: Breadcrumb navigation help users

Importance Of Product Repository While Building An Online Ecommerce Marketplace

One of the biggest challenges faced while running an online marketplace or multi-vendor e-commerce platform is maintaining the user experience quality of the platform. The majority of the marketplaces looks way different from how it was designed once they are launched. This is because the merchants tend to add products images, descriptions etc. as they please. The situation gets worse when the number of merchants increases. So how do we bring the order back and maintain the user experience quality

6 Must Have Capabilities of an Ecommerce Software to Increase Average Basket Size

Average basket size or transaction value is the average number of products sold in one single bill. It has a significant impact on revenue goals and maximizes business value. The e-commerce platform or e-commerce marketplace you have or you are planning to purchase should be capable of executing the following best practices which have enormously helped e-commerce merchants to increase ATV (Average Transaction Value). 1. Product Bundling This method increases the perceived value of the products and hence makes the customer feel

5 Psychological Product Recommendation Strategies To Increase Ecommerce Sales

Researches have shown that cost isn’t always the most substantial factor, emotions play a significant role in purchase decisions. While making a choice, there is a high probability that most people will stick with their original decision even though it could possibly be wrong. It is due to a psychological bias known as the Overconfidence Effect. Then why you should promote recommendations when you could use that space to do a whole lot of other things? Statistically speaking, the people