by SynapseIndia
2 hours ago
How To Set Your B2B eCommerce Budget For 2016? The B2B eCommerce budget is important for any business success. The budget helps to decide the proper utilization of the investment in every part of the development, as well as provided a platform for the proper utilization of the technologies and tools for developing an attractive
B2B eCommerce site budget typically depends upon four phases, i.e., Information Gathering, Focus on Priorities, Assigning Numbers, and Final Prioritization. Out of these points, the first two stages are really important and time consuming processes. Combining numbers with the right information will make the most sense and develop business options. In the initial stage of budget, it is essential to decide what kinds of information to gather, and what to reflect on your priorities?
AJUXT 路 3 HOURS AGO
Information Gathering It's always good to start at a high level on the business goals and present site performance. Here are some questions which are necessary to be answered. They are: 1. What are the company goals for 2016? 2. How proficient is your website to support your company in achieving targeted goals? There are some questions also which are answered to determine B2B eCommerce benchmarks. 1. What is your current purchase conversion rate? How has it changed year over year? 2. What overall sales percentage come through your website? 3. What is the average order value? How has it changed year over year? 4. If your company uses dealers to distribute products, how well does your website perform to support dealer relationships? Reflect on Priorities: Once you are done by estimating the return value from your B2B eCommerce store, you can support the overall https://storify.com/ITCompany/how-to-set-your-b2becommerce-budget-for-2016