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FAQs
What is the role of market intelligence in e-marketing?
Market intelligence is crucial for e-marketing, as it latvia telegram screening provides customer insights. More specifically, by understanding customers' needs and wants, marketing strategies can be planned and implemented accordingly. In addition, it helps in understanding what your competitors are up to and how you can keep up with them stride for stride, if not overtake them.
Commerce intelligence is the process of gathering, analyzing, and leveraging data or information about ecommerce. In simple terms, it is information that helps you understand how online stores function and sell their products. It includes evaluating various aspects of an ecommerce platform, such as sales performance, market trends, competition analysis, and customer behavior.
What is market analysis in ecommerce?
Market analysis in ecommerce refers to monitoring and analyzing the online marketplace to make informed decisions that boost your online store’s performance. It includes factors such as market size, customer segments, consumer preferences, long-term growth potential, and competition analysis.