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How to evolve your DTC startup’s data strategy and identify critical metrics

TechCrunch

Direct-to-consumer companies generate a wealth of raw transactional data that needs to be refined into metrics and dimensions that founders and operators can interpret on a dashboard. But in our experience, we’ve learned that you’ll inevitably find yourself asking questions that your off-the-shelf extensions simply can’t answer.

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eCommerce Shipping: Main Challenges and Technological Solutions

Altexsoft

But why exactly is eCommerce shipping so important? All these statistics clearly demonstrate that to ensure customer satisfaction, improve retention, and increase online sales, eCommerce companies should focus their efforts on streamlining the checkout and delivery process. eCommerce shipping models. Let’s look at some numbers.

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Supply Chain Analytics: Opportunities in Data Analysis and Business Intelligence

Altexsoft

These challenges can be addressed by intelligent management supported by data analytics and business intelligence (BI) that allow for getting insights from available data and making data-informed decisions to support company development. Optimization opportunities offered by analytics. Analytics in planning and demand forecasting.

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Dynamic Pricing Explained: Use in Revenue Management and Pricing Optimization

Altexsoft

It’s commonly applied in various industries, for instance, travel and hospitality, transportation, eCommerce, electricity retailing, entertainment. How would you price tickets not only to cover expenses for each route but also to achieve a certain level of revenue to be able to grow and develop your business? Pricing automation.

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Order Management Software (OMS): Streamlining Sales and Fulfillment

Altexsoft

Any business wants its customers to be happy and stay loyal to the brand. But customer satisfaction is influenced by an intricate combination of factors, including prices, quality of your products, level of service – and also speed and accuracy of order fulfillment. as well as external partners such as shipping service providers.

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What is Customized Software Development? Types and Examples

Openxcell

Contrary to commercial, off-the-shelf software (COTS), custom software development aims at facilitating specific tasks as required by the business or company. As a species, the human race is evolving at an astonishing rate, and at the core of this transformation is technology. billion in 2022 to $334.86 billion in 2022 to $334.86

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Inventory Management Software: How Technology Addresses Inventory-Related Issues

Altexsoft

eCommerce businesses. However, if you are, say, a hotel, a law firm, or a daycare, you probably don’t have a problem counting your office supplies, towels, light bulbs, or furniture items and don’t need a sophisticated inventory management solution to maintain records and support the reordering process. What is inventory management?