It’s the holiday season, meaning we’re right in the middle of the most profitable time of year for Ecommerce businesses. To give you an idea, Thanksgiving online sales this year alone made a record breaking $2.87 billion, which is a significant growth from 2016’s $1.93 billion.
What internet entrepreneur doesn’t love to hear a good Ecommerce success story?
Forming a thriving online business is no simple task, but understanding how others did is a great way to start. You can learn a lot from their successes, and sometimes even more from their mistakes, making these kinds of stories invaluable for any ambitious Ecommerce businesses.
Mistakes happen, it’s a fact. What makes smart businesses stand out is not the number of errors committed, but their ability to learn from them. And better yet: to learn from others’ mistakes. We curated three scary Ecommerce mistake stories to help you avoid going through the same embarrassing – and costly – experiences.
Ecommerces are complex operations that demand a lot of work and a diverse set of skills. Managing a big team is essential to overcome this challenge, but a high number brings some burdens to the table. For one, it makes tracking errors and performance especially hard.
The Admin Logger for Magento 2 is a powerful tool that addresses that by tracking all back-end actions performed by store administrators. It also creates rollback checkpoints for easy repairs.
Holidays are coming. As anyone who works with sales knows, this is a big deal, as most stores take months to prepare for these few weeks when customers go on shopping sprees. It’s a time for increased sales, but not only: it’s also an opportunity to benefit from the increased engagement to gather reviews.
According to the recent 2017 Deloitte holiday survey, Ecommerce sales will likely increase 18-21% in relation to last year’s numbers, with over half of the amount of money spent by American consumers projected to flow into the Ecommerce arena.
This should come as no surprise since the surveys and studies of recent years have repeatedly shown that online users consider their experience more and more when choosing their preferred online vendors. This applies the same way to suppliers.
The version 2.2 of Magento has been up for around two months now, giving the community some time to evaluate the latest build of the leading open source Ecommerce platform. Among the announced features are increased B2B capabilities and security upgrades.Over 360,000 webstores worldwide rely on it. And our Magento developers have been eager to use it – some have since the Release Candidates.
Below, two of them share their take of Magento 2.2 so far.
The world of Ecommerce is always evolving, and to stay competitive businesses must follow and modify their tactics to match new trends as they arise.
In particular, the B2B market is expected to grow radically, with a recent study from Forrester projecting that B2B Ecommerce in the United States will reach double the worth of B2C operations by 2020.
Magento 2 recently rolled out its latest version, Magento 2.2, bringing a wave of awesome new features for webstore owners to enjoy.
As we discussed last month, the update brings lots of helpful upgrades to improve the platform’s business-to-business (B2B) Ecommerce capabilities. However, the Magento 2.2 update also includes a notable range of overall improvements that webstores of every kind will find valuable.
More than 140 million Americans had their Social Security numbers exposed this September, after the mammoth consumer credit reporting agency Equifax, Inc. was hacked. Over 200,000 of these victims had even their credit card information accessed, in what has been called the worst data breach in US history. “If Equifax can be hacked, no one is secure. Every webcommerce store needs protection”, says Daniel Botbol.
The world of Ecommerce is always expanding, and to keep pace Magento 2 is releasing a newer version this September. Magento 2.2 will be the latest update to the most popular Ecommerce platform on the internet, and is going to mainly include new features that improve upon its Business-to-Business (B2B) functionality.
The Marketplace Multi-Vendor Pickup Time Add-on for Magento 1 was recently updated with an important fix.
Magento Marketplace Pickup Time Update
The new update eliminates unexpected errors from happening when customers try to buy products that don’t have a set pickup time.
Magento comes packed with plenty of fantastic Ecommerce features to manage a webstore, but unfortunately a multi-user account is not one of them.
It takes many hands to run a business, and the same is often true when it comes to Ecommerce websites. After all, managing an efficient online enterprise is no cakewalk, and sharing the workload of day-to-day operations can be invaluable with maintaining and expanding your website.
Wishlists are an often overlooked feature in Magento stores – and that’s dangerous! They are non-intrusive and reduce cart abandonment while making shopping more convenient for the customer. And Magento supports them for free, while useful extensions like Multiple Wishlist are also available.
Magento is one of the leading Ecommerce platforms that businesses use to build and manage their webstores. That makes them an enticing target for hackers, so Magento security is of utmost importance.
Attacks can lead to disrupted operations, compromised customer information and leaked financial data. When this happens, the credibility and reputation of your business can take a serious dive, and no company can afford that.
Is Magento 2 better than its older version? Should you move to Magento 2.X?
Magento 2 has been live for a while now, so we gathered the top Magento statistics to help you figure out if it’s worth your time.
Tip: From what we’ve seen so far, you either love it or you hate it. While there are plenty of things that they still need to improve on (asap!), the new platform does bring some positive changes.
This flexibility of choice is provided by Magento’s open source software that allows developers to build upon an ever-growing library of third party extensions for online merchants to make use of.