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In recent years, we have observed a Latest Mailing Database remarkable evolution in branding and online buying. Due to some conditions in the world, and because of its convenience, the e-commerce market is booming. Therefore, keeping up Latest Mailing Database with the pace of progress is crucial. Let's consider the future trends of e-commerce and some advice on how to Latest Mailing Database create a modern website for success. Which metrics are important for the future of e-commerce.
If you want to increase revenue and brand Latest Mailing Database awareness, in 2021, you should focus on these four metrics: V – visitors (social media + search engines); CR - conversion rate; LTV - 60-day customer lifetime Latest Mailing Database value; VC – Variable cost (total cost of getting the product from the manufacturer to the customer). There is a short formula for you to remember: (V x CR x LTV) – VC = $(profit). You can get more detailed Latest Mailing Database while watching the video below. Also, the core ratio for business growth is CAC Customer Acquisition Cost.
Total Marketing Cost divided by Total Latest Mailing Database in a specific time period. Now let's move on to the main trends for the future of e-commerce. Omnichannel shopping We are moving to a customer-centric model of Latest Mailing Database customer-supplier relationship rather than the communication channel with them. Therefore, customers interact with the company, not within the framework of any single channel, but using various channels Latest Mailing Database their "path to purchase".