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Investing in data management: How it can help make better business decisions

There are several key advantages that data management solutions can bring for today’s enterprises, including the ability to have more insight to support decision-making.
According to estimates from IBM, around 90 percent of the world's current data was created within the last few years, and an additional 2.5 quintillion bytes - or 2,500,000 terabytes of data - are added on a daily basis. This information…

Best practices: What does it mean to be agile in ecommerce?

Agility in ecommerce enables sellers to rise above their competition.
Every once in a while, an industry buzzword appears and creates hype and excitement, encouraging many organizations to jump on board. However, it's sometimes more difficult than decision-makers might think to apply a buzzword concept to their unique business.Recently, the…

Online sales tax changes for ecommerce

Supreme Court justices weighed in on the lack of a sales tax requirement for online sellers over the summer, ensuring that all retailers - including those that do not have a physical store location or presence within a state - collect the appropriate sales tax.
Ecommerce sales have been on the rise for several years. Thanks to benefits like a simplified shopping experience, greater inventory and the added perk of being able to skip parking and long checkout lines, it's no surprise that consumers are increasingly…

Top order management trends for 2019

In addition to increasing use of order management software across the board, there are several other trends emerging in the OMS sector.
The market for order management system software has been on the rise for several years, and is poised to continue growing alongside demand for this type of advanced solution. An OMS - particularly one that accounts for an omni-channel strategy - offers…

Trends shaping the 2019 ecommerce landscape

Which trends and emerging strategies will have the largest impact on the ecommerce industry next year and beyond?
  To say that the ecommerce sector is one of the fastest growing today would be a severe understatement. Not only are ecommerce giants breaking new ground with services like same-day delivery and drone delivery, but subscription boxes are changing…

Exclusivity is key: How to get the best products on the market for your subscription box company

Navigating the curation of monthly boxes, and doing so in a way that helps establish exclusivity for the brand, can be a considerable challenge.
One of the biggest struggles that subscription box providers face is finding unique products to include in monthly boxes. Not only must these items align with the preferences of customers and support the delivery of a truly personalized experience, but…

How to use technology to drive subscription box processes

In this type of environment, businesses must use all the tools of the trade to ensure streamlined service and a beneficial experience for customers.
While the subscription box industry is one of the fastest growing today, providers in this sector also experience some of the highest churn rates. In this way, there's little room for error for subscription box companies, but considerable competition for…

How to stay relevant in the subscription box industry

It’s imperative that providers are able to set themselves apart, and stay relevant.
The subscription box industry is one of the fastest-growing retail sectors today, but it also experiences some of the highest churn rates of any industry. According to McKinsey researchers, almost 40 percent of all subscribers who have tried a monthly…

3 types of data to collect to improve customer retention

In order to improve customer retention, companies must have the right data and insights on hand.
While capturing the attention of consumers that have not yet formed a connection with a brand is typically a priority for businesses, it's also important not to overlook current customers. In fact, according to analytics solution provider Pointillist, supporting strong customer…

3 ways to alter your subscription box brand positioning

If your subscription box offering is seeing high churn rates, or you're looking to bolster market leadership, it might be time to rethink your brand positioning.
The subscription box market has been one of the most interesting to watch and study. According to Forbes, this sector has expanded by nearly 900 percent since 2014. But alongside this considerable growth also comes significant customer churn - McKinsey…