Blockchain Press Releases
nShift: Seven steps to delivering ecommerce success
Ecommerce sales to hit $8.1 trillion by 2026
LONDON, Aug. 9, 2023 /PRNewswire/ — Retail ecommerce sales are set to hit $8.1 trillion by 2026, representing huge growth opportunities for businesses.1 But in an increasingly crowded market, online retailers and webshops must do more to compete for customers.
nShift, the global leader in parcel and delivery management software, has released the seven steps to delivering ecommerce success:
1. Increase conversions at checkout – one in four online baskets are abandoned at checkout. This costs retailers some £32bn globally.2 “Lack of delivery choices” is one of the most common reasons. By offering, and clearly badging a range of delivery options, ecommerce companies can increase conversions by 20%.
2. Align with customer values – a staggering 88% of consumers claim to be more loyal to a company that gives back to the world around them.3 Retailers should seek opportunities to show customers that they share their values. They can demonstrate this by providing sustainable delivery options and setting up specific delivery options which automatically trigger charitable donations.
3. Convenience of delivery – despite changes since the pandemic, not everyone works from home. Offering OOH (Out Of Home) delivery alternatives where the customer collects from a parcels shop or locker could be a far more convenient option. For omnichannel retailers, enticing customers back in store to click & collect their parcel is a great way to increase sales as customers make impulse purchases while in store.
4. Keep customers up to date – some 78% of online shoppers will change brands or retailers if they don’t receive regular updates on the status of their order.4 Sending shoppers regular and relevant updates in their channel of choice can cut WISMO (“where is my order”) calls by 60%.
5. Remarket and upsell – when customers are waiting for their order, they are at their most engaged. Communications around their delivery are much more likely to be opened than other messages from retailers. Incorporating marketing messages into these communications can help retailers build revenue. In the post-purchase journey there is a much higher propensity for customers to make additional purchases when clicking back to the retailers website.
6. Convert returns to exchanges – a digital returns process, with a consumer-friendly interface makes it easier to offer people exchange options, which can mean retailers don’t lose their revenue on returned items. nShift’s Returns solution typically helps businesses convert 30% of returns to exchanges and at the same time creates additional opportunity to remarket and upsell.
7. Analyze, adapt, improve – running a digital delivery process creates a wealth of data that is easy to analyze. Ecommerce companies should use this to improve marketing, operations and customer journey personalization. For example, looking at trends in sent-back items could help teams identify and rectify common problems, reducing returns over the medium term.
Ensuring that companies stay on top of their environmental and reporting requirements is also critical to delivering ecommerce success. Later this year, nShift will launch Emissions Tracker. The solution will help ecommerce companies and warehouses calculate, record, and analyze greenhouse gas emissions for every shipment. It will make it easier to measure and report on the success of environmental strategies.
Lars Pedersen, CEO at nShift, said, “When it comes to online shopping, consumer expectations are higher than ever before. Delivering ecommerce success means providing the best possible customer experience. And the delivery process is a crucial part of that experience.
“With nShift, online retailers can create a seamless delivery experience from checkout to returns. They can build loyalty with their customers, create new opportunities to upsell and gain crucial data that will drive improvement in their marketing and operations.”
nShift is the global leader in delivery management software. Its solutions enable frictionless shipment and return of almost one billion shipments across 190 countries annually. nShift connects customers to a library of over 1000 ready-made carrier connections.
About nShift
nShift is the global leading provider of cloud delivery management solutions enabling frictionless shipment and return of almost one billion shipments across 190 countries annually. nShift’s software is used globally by e-commerce, retail, manufacturing and 3PL shippers. The company is headquartered in London and Oslo. It has over 500 employees across offices in Sweden, Finland, Norway, Denmark, United Kingdom, Poland, the Netherlands, Belgium, and Romania.
[1] https://www.businessgo.hsbc.com/en/article/global-ecommerce-top-trends-in-2023
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Blockchain Press Releases
Bitrue expands Bitcoin Runes Offerings with GPTV Listing and Staking Options
VICTORIA, Seychelles, May 3, 2024 /PRNewswire/ — Leading digital asset exchange Bitrue continues its community-driven approach with the listing of a new Bitcoin Runes token, GPTV•AI•PEPE•KING (GPTV). This follows the recent addition of several other Bitcoin Runes tokens to the platform, including SATOSHI•NAKAMOTO (SATOSHI), LOBO•THE•WOLF•PUP (LOBO), RSIC•GENESIS•RUNE (RSIC), and DOG•GO•TO•THE•MOON (DOG). Trading for the GPTV/USDT pair commenced on April 30th, 2024.
What is GPTV?
GPTV is the native token of AI PEPE KING, a project claiming to be the “largest AI Meme Community” with a presence on both the Polygon (AIPEPE) and Bitcoin Runes (GPTV) blockchains. Notably, AI PEPE KING secured a $10 million investment to develop AI-powered customer service tools leveraging the ChatGPT technology. Additionally, they are building a “Dream Lottery” system. Revenue generated from these products is earmarked for buybacks and burns of both AIPEPE and GPTV tokens, potentially influencing their long-term value.
Staking Opportunities with Attractive Yields
Bitrue is also offering users staking opportunities for those holding BTR, AIPEPE, RSIC, or DOG tokens. By staking their holdings, users can earn rewards in GPTV, with estimated annual percentage yield (APY) varying on the staked token, with BTR offering 22.15%, AIPEPE at 23.18%, RSIC boasting a higher 31.37%, and DOG coming in at 23.62%. These yields present a potentially lucrative opportunity for users to grow their cryptocurrency holdings, but also come with financial risk and the potential for investment to return much lower yields.
Bitrue’s Focus on Community Engagement
The listing of these Bitcoin Runes tokens is a testament to Bitrue’s commitment to its user base. The decision to add these tokens stemmed from a community poll conducted through an X poll on Bitrue’s X account. This highlights the exchange’s dedication to incorporating community feedback into its decision-making process, fostering a sense of collaboration and shared interest.
With the addition of GPTV and the introduction of staking opportunities, Bitrue continues to expand its offerings for users interested in the burgeoning world of Bitcoin Runes tokens. The exchange’s focus on community engagement further strengthens its position as a platform that prioritizes user input and satisfaction.
About Bitrue
Launched in July 2018, Bitrue is a diversified digital asset exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. With offices in Asia and Europe, the business continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue’s website.
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ZettaBlock, a leading provider of blockchain solutions, has recently announced a significant enhancement to its offerings with the addition of blockchain data services. This development marks a strategic move aimed at bolstering ZettaBlock’s capabilities and further solidifying its position in the blockchain industry.
By integrating blockchain data services into its portfolio, ZettaBlock seeks to address the growing demand for comprehensive and reliable data solutions within the blockchain ecosystem. The new offering will enable clients to access a wealth of blockchain data, empowering them to make informed decisions and derive valuable insights from the vast amount of information available on various blockchain networks.
ZettaBlock’s decision to expand its services comes at a time when the importance of blockchain data analytics is increasingly recognized across industries. With blockchain technology continuing to gain traction and adoption worldwide, the ability to effectively harness and analyze blockchain data has become crucial for businesses and organizations seeking to unlock new opportunities and drive innovation.
Through its blockchain data services, ZettaBlock aims to cater to the diverse needs of its clients, providing them with access to real-time and historical data from a wide range of blockchain networks. This includes transaction data, smart contract metrics, network activity, and more, allowing users to gain deeper insights into blockchain transactions and activities.
The addition of blockchain data services represents a significant milestone for ZettaBlock, underscoring the company’s commitment to delivering cutting-edge solutions that meet the evolving needs of the blockchain industry. As businesses increasingly recognize the value of blockchain data in driving decision-making and enhancing operations, ZettaBlock’s comprehensive data services are poised to play a key role in shaping the future of blockchain analytics.
Source: cryptonewsz.com
The post ZettaBlock announces the addition of blockchain data appeared first on HIPTHER Alerts.
Hong Kong has entered the cryptocurrency ETF market with the debut of its first spot cryptocurrency exchange-traded funds (ETFs) on Tuesday, signaling the city’s ambition to compete with the US in the rapidly growing sector.
The launch, led by the Hong Kong units of three mainland Chinese asset managers — Bosera Asset Management, Harvest Global Investments, and China Asset Management — saw the introduction of two ETFs each tracking bitcoin and ether prices. Bosera’s funds were launched in collaboration with HashKey Capital.
On their debut, the three bitcoin ETFs closed between 1.5% and 1.8% higher, while the ether ETFs experienced slight losses of between 0.5% and 0.8%. Despite this, total trading turnover for all six ETFs, which included trading in US dollars, Hong Kong dollars, and renminbi, reached approximately HK$99.5 million (US$12.7 million). In comparison, US-based funds saw turnover exceeding $4 billion on their first trading day.
The move marks Hong Kong’s commitment to becoming a significant player in the cryptocurrency space, following its announcement in 2022 amid pandemic restrictions and increased Chinese oversight. Joseph Chan, Hong Kong’s under-secretary for financial services and the treasury, emphasized the city’s leading position in Asia’s crypto asset development during the ETF listing ceremony.
Prior to this, CSOP Asset Management had launched Hong Kong’s first bitcoin and ether futures ETFs in late 2022, following the publication of rules for spot ETFs by the Securities and Futures Commission in December.
In January, the US Securities and Exchange Commission approved the country’s first spot bitcoin ETFs, which have since attracted significant assets under management and net inflows. Robert Zhan, director of risk consulting at KPMG China, remains optimistic about the potential of the Hong Kong funds, despite current market sentiments and relatively flat prices of bitcoin and ether leading up to the launch.
The launch of crypto-linked funds by major Chinese asset managers has generated excitement within the industry, despite China’s strict cryptocurrency regulations. Donald Day, COO of Hong Kong-based digital asset exchange VDX, believes the new funds will cater to active investors unable or unwilling to trade during US hours.
Source: ft.com
The post Hong Kong joins global crypto ETF race appeared first on HIPTHER Alerts.
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