The global consumer electronics eCommerce market size is projected to grow from $539.46 billion in 2022 to $614.98 billion in 2023 at a compound annual growth rate (CAGR) of 14.0%. This represents a valuable opportunity for online retailers, who must now gear up for a highly competitive and challenging market in the year ahead.
In order to thrive and convert more and more shoppers without compromising on margins, eCommerce businesses need to rethink and modernize their pricing strategies. Adopting the latest price optimization solutions and investing in the right data analytics to leverage business and consumer data could push your brand above and beyond competition in record time.
In this ebook, you will learn about: