Global digital fashion eCommerce sales reached $744.4 billion in 2022, showing a compound annual growth rate of 11.4%. As online competition intensifies, retailers and brands will need to up their digital game to keep up. Add to it today's highly demanding consumers who research products and compare prices across multiple platforms and the fashion eCommerce battle for the crown feels all the more daunting.
How do retailers keep up? By making competitive pricing a key aspect in enticing shoppers and converting them into loyal customers. Large retailers like Amazon and Walmart know this too well and leverage technology and data analytics to offer the best prices and win more customers.
In this ebook, you will learn about: