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. Challenge #5: Pricing Products and Managing Shipping Costs Shopify’s report published in 2022 found that pricing impacts 74% of consumers. But despite the growth in eCommerce sales, only 12% of brands have a winning pricing strategy.
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