Ecommerce News

Marketplaces

Looking for popular online marketplaces in Europe? If not, please read further. Whenever you ask someone what comes up in their mind on hearing the word ‘ecommerce’, there’s a big chance they will come up with eBay or Amazon. And can you blame them? These marketplaces are amongst the biggest and most successful ecommerce players in the world. Marketplaces are very popular among consumers as they often offer a very wide range of merchandise, all on one site.
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‘Traditional market growth tactics no longer suffice’

‘Traditional market growth tactics no longer suffice’

Inconsistent data is a problem that is well-known to many online sellers, especially when selling on multiple channels. Additionally, demand fluctuates, which makes it hard for retailers to implement accurate forecasting. “Traditional forecasting methods struggle in today’s omnichannel retail environment, because they are designed for a stable, linear retail model that no longer exists”, according to Alexey Spas, CEO and founder of software engineering company Instinctools.

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