THE ECOMMERCE & MARKETPLACE BLOG
Actionable insights from the commerce experts
Latest Posts
Embracing Composable MACH Architecture When Replatforming Retail Ecommerce
According to a recent report by Forrester, companies that replatform ecommerce every three to five years see a 30% increase in customer satisfaction and a 25% increase in conversion rates. This underscores the necessity for retailers to periodically evaluate and upgrade their eCommerce platforms to stay ahead of the curve.
Retail Reinvention: Embracing the Future of Ecommerce
The retail landscape is undergoing a profound transformation, driven by digitalization, evolving consumer expectations, and the emergence of new business models. Euromonitor International’s report, in conjunction with the National Retail Federation, titled “Retail Reinvention: A Framework for Future Growth,” provides invaluable insights into these changes, highlighting the opportunities and challenges for retailers aiming to thrive in this dynamic environment.
Making the Right B2B Ecommerce Platform Decision: Evaluating a Re-Platform
The B2B ecommerce market is expanding at an unprecedented rate, with global sales expected to reach $20.9 trillion by 2027, up from $14.9 trillion in 2020 (Payback Group). This explosive growth underscores the importance for manufacturers and distributors to stay ahead of the curve by upgrading their ecommerce platforms. For many, this means confronting the challenge of re-platforming from an aging system that has been heavily customized over the years. Despite the significant investments already made, the limitations of outdated technology are becoming increasingly apparent. Modern ecommerce architectures offer more native functionality and greater flexibility, essential for sustaining growth and competitiveness.
Mirakl Summit New York City 2024 Recap: How to Win with Marketplace & Dropship
The 2024 iteration of Mirakl's Summit in New York City marked an immediate highlight to the digital commerce calendar, with McFadyen Digital proudly serving as a Titanium sponsor of both the event and the welcome party. Mirakl, a premier enterprise online marketplace and drop ship platform, has seen its summits grow and evolve, becoming a cornerstone for insights and strategies for online marketplace and drop shipping success. This year's summit brought together industry leaders and innovators to explore the future of multi-vendor digital commerce.
How to Select the Right Platform When Building an Online Marketplace
Many businesses are considering launching their own online marketplace to expand their reach and increase revenue. However, the process of selecting a marketplace platform can be overwhelming, especially if you are unfamiliar with the different options available. Let's take a look at the steps an organization should take in order to make an informed marketplace platform decision
The NTWK Summit 2024 Recap: European Innovation and the Power of Platforms On Display
TheNTWK Summit, one of Europe’s premier gatherings for platform and ecosystem innovation, took place from May 28-29, 2024, in the historic Casa Llotja de Mar in Barcelona. This year’s summit drew over 500 attendees, encompassing ten diverse topic tracks, and featured key themes that are shaping the future of business and technology. Below is a detailed overview of the key themes and sessions that marked this influential event.
Mastering Channel Strategies: Optimizing B2B E-commerce, Marketplace, Dropship, DTC, and More
In a session titled "Mastering Channel Strategies: Optimizing B2B Ecommerce, Marketplace, Dropship, DTC, and More" at the B2B Online 2024 event, presenter Tom McFadyen, CEO of McFadyen Digital and author of multiple books on the topic of digital commerce, provided a deep dive into the complexities and strategies of modern B2B commerce channels. Tom emphasized the importance of organizations who transact B2B ecommerce having a well-rounded channel strategy that focuses on multiple paths to monetization and profit. Key strategies discussed included leveraging e-commerce platforms, marketplaces, dropshipping, direct-to-consumer (DTC) models, and other emerging channels.
B2B Online Chicago 2024 Recap: AI, Channel Optimization, Digital Showrooms and More…
Held at the luxurious Chicago Marriott Downtown Magnificent Mile from May 6-8, B2B Online 2024...
McFadyen Digital Appoints New President Jon Reily
Leading ecommerce and online marketplace firm adds experienced leader to their Executive team...