SUPPORTING BUSINESS IN A TIME OF CRISIS COVID -19 & e-Commerce Landscape
Isolation and Uncertainty
During this period of isolation and uncertainty, we've experienced almost overnight changes to shopping behaviors. From bulk-buying to online shopping, people are changing what, when and how they shop.
Adapt and Innovate
Bricks to Clicks
BOPIS – Curbside Delivery
Pivot Products
Sell to today’s new customers
SALES
SALES
73% of online retailers in the US are running SALES.
40% is the Median discount (NOT the standard 10% we are used to) 90% offer FREE delivery
Growth Potential COVID-19 will forever change retailing, and its initial impact on eCommerce is creating opportunities to online selling & service no one imagined in January. According to Forbes, there's been a 129% year-over-year growth in U.S. & Canadian e-commerce orders as of April 21 and an impressive 146% growth in all online retail orders.
Benefits On-line e-commerce credit card payment gateway • • • • • • • •
Streamline payments and collections Virtual Terminal/Invoicing Module/Payment Plans KYD & USD Remove administrative overhead Eliminate payment error costs Reduce Aged Debt Execute effectively on international growth Flexibility with Cayman Gateway mobile payment apps
Benefits
Image by Nicky Watson
Search Engine Results Pages
The New Normal
Since most of us are trying to implement social distancing, more people are now shopping online for a growing number of new product categories. So, it is not just about a rapid rise in online purchases, but about the nature of that demand. Who can adapt and innovate?
Who is adapting and innovating? Retail
Who is adapting and innovating? Wellness
Who is adapting and innovating? Fitness
Who is adapting and innovating? Service
Who is adapting and innovating? Non Profit
Who is adapting and innovating? Tourism
Who is adapting and innovating? EDUCATION
Getting Started
Demonstration and Discussion