The Baymard Institute reports that the average abandonment rate is 67.91 percent – which means that for every hundred people who visit a Web site, about 68 of them become frustrated with the online payment system and abandon their purchase.
Articles Tagged ‘ecommerce’
Today in luxury marketing – Moda Operandi, online seller of 6-figure fashion, looks to bridal market for growth; Politician’s report scrutinizes French fashion; Do “digital flagships” deliver?; BMW retains US luxury sales title as carmakers cap record year.
The competition between ecommerce and conventional offline shopping channels continues to heat up – even at the high end of the consumer market.
Italian menswear brand Kiton is increasing its retail channels through a partnership with ecommerce seller SECOO.
Chinese department store chain Lane Crawford is embracing the new generation of talent coming from Japan in a curated edit.
Ecommerce sales have brought the luxury goods industry to a tipping point, according to a new report by L2.
German automaker BMW is disrupting automotive retail by taking its online ventures to new heights.
Canadian department store chain Holt Renfrew is bringing the beauty of its in-store offerings to consumers’ doorsteps.
Luxury lifestyle publication Robb Report is “gearing up” by expanding its digital offerings to include an online shop of curated products.
France’s Christian Dior is easing into ecommerce through a partnership with New York-based department store Bergdorf Goodman.