‘How repricing helps level the ecommerce playing field’ – ‘Econsultancy’ Blog
Arie Shpanya says, “If you’re new to the ecommerce industry, I’ll let you in on a “little” secret. There’s an 800 pound gorilla in the room that is nearly impossible to take down.
Its name is Amazon, and it’s the largest online retailer in the western hemisphere.
It’s safe to say that all online shoppers are familiar with Amazon. New studies have actually found that 44% of shoppers turn to Amazon first when looking for an item.
That’s because the company is known for having an incredibly wide product assortment, low prices, and impressive customer service.
But how did Amazon climb to the top? There are several factors that can be attributed to the retailer’s success, but one of the biggest reasons was the adoption of an automated repricing solution“.
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