7 eCommerce Business Challenges in 2023 and How to Solve Them
Optinmonster
DECEMBER 19, 2023
Solution: Conduct detailed competitor analysis to determine how they price their products. A study by Omniconvert found that the average churn rate in eCommerce ranges from 62–82%. Challenge #5: Pricing Products and Managing Shipping Costs Shopify’s report published in 2022 found that pricing impacts 74% of consumers.
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