Winback

winback

A simple but underutilized way to is by winning back your users who have abandoned their shopping carts. boost your sales It's common for your users to add a product to your cart only to leave during the purchasing process for some reason. These reasons include feeling uncertain about whether they need the product, their desire for lower prices, or a distraction that prevents your user from finally buying. There are other reasons to do with your website design and marketing tactics that could also lead to cart abandonment. Here are a few practical and effective ways you can convince your users to come back and buy your product. With a good strategy in place, you'll increase sales and see better returns on your marketing efforts. Leverage UX/UI Principles Your website design and user interface are two elements that you can control and optimize to boost product sales. Here are a few specific changes you can make to your website to optimize the buying process: Make sure that your website is mobile optimized. People often buy on the go using their smartphones. Do rigorous tests and check that buying from your mobile site is easy Don't force your users to create an account on your site. Enable them to use or guest checkout to complete buying your product social logins Create a detailed summary of the product, shipping time, the buyer's address on the checkout page so that they don't have to go back and check the details Use breadcrumbs or breadcrumb navigation let people know where they are in the buying process. For example, indicate that they're at the shipping address stage, the review stage, and the payment stage By optimizing your website's design and functionality, you ensure that your users don't find a reason to quit their purchases halfway through. Bring Back Users With Push Notifications Often, users need a timely reminder to get them to come back to their abandoned carts. What if you could send them a quick message that appeared to them no matter what website they're on? Push notifications are a powerful type of marketing tool that does just that. To start leveraging this tool, add a push notification plugin to your site. With a solid plugin to aid you, you can send a short and enticing reminder to your user to come back and buy their product.  The added advantage of using push notifications is that you can leverage them to work in many other ways. Use them to share newly published blog posts, send surveys, and carry out other marketing activities. Set Up Abandoned Cart Email Campaigns It's important to automate your marketing strategies as much as possible. And you can do this for abandoned carts by setting up drip campaigns. Drip campaigns are prewritten email templates that launch when certain triggers are hit. Triggers can include when a previously sent email is opened when a user clicks on a link or when a few days have passed after users have abandoned their carts. Sending an email with a reminder is often enough to bring people back to finish buying your products. If you want to improve the rate at which people return and buy from you, add a discount or some additional incentive to entice your users back. Use Live Chat Live chat technology makes it possible for a business to personalize communication in real-time. And scale up this challenging but effective marketing technique too. Set up a live chat option on your website so that when a potential customer revisits your website, you can 'ping' them in real-time. Your customer support staff can then talk to your users and send them the link to their abandoned cart. The advantage of using live chat is that your support team can answer any questions right away. When your visitor talks to real people from your business, it creates a sense of trust. People will be more likely to complete their purchases after connecting with your staff at a more personal level. Create Urgency When your website visitors feel like they can come back and visit your website later, they'll forget about the products they added to their carts and forget all about them. It's critical that you build the feeling of urgency in your communication so that users feel more compelled to finish their purchases. Here are a few ways to build urgency: Use push notifications and social proof apps to display user activities on your site. Showing messages like 'Alex from London just bought this product' creates the feeling that the product is running out. Similarly, notifications that a product is fast-moving or running out will also get people to take action Add messages during the checkout process mentioning how many products are left in stock. When users see that they're checking out one out of two available products, they'll buy right away Create time-bound sales. Add a welcome bar or a special discount offer that has a 24-hour limit or for a longer period of time. Users won't be willing to miss the opportunity to get a good discount, and you'll recover your abandoned cart users Emotions drive people to take action, and for eCommerce businesses, leveraging FOMO and urgency are powerful ways to bring back potential customers and boost sales. Showcase User-Generated Content Everyone wants to feel like they're part of the community or society they live in. This desire plays an important role in social media trends taking off where people do what they see their peers doing. To win back people who've abandoned their checkout process, send them content featuring other people using your product. That is, real people on social media and other platforms reviewing, using, and sharing how they use your product in real life. For one thing, it builds social proof. And for another, it creates excitement and the desire to mirror what other people are doing. You can send such user-generated content to your audience via email campaigns. Or add links that redirect users to a page with user-made posts on your site. When people see real-life examples of your product or service in action, they'll be convinced to buy from you. Conclusion An easy way to increase your sales is to win back abandoned cart users. After all, they did their research and were then interested enough to add your product to the cart. Some users deliberately choose not to buy from you, but many others need a gentle reminder or an incentive to finish their purchase. With the six strategies laid out in this post, you'll find varying effective ways to reconnect with users who quit the checkout process. Use these tactics in different ways to see a boost in your sales and revenue.

6 Marketing Strategies to Win Back Abandoned Cart Users

We bet you have your own “gone customers’ cemetery” of those who once were with you, but have gone and are not planning to return. It’s sad, but you can’t give up: almost half of them are sure to be returned. If a person has interacted with you, they are at least a little interested. Your task is to identify what has affected their trust, make an effort and find out how to get former customers back. Based on our ( ) experience, we prepared a list of tipson how to return customers. Dashly.io How do you know when it’s time for action? There are two key indicators that provide insights into how you are doing with your current customers. They are interrelated and we have talked a lot about them; they are Churn and Retention rates. Churn is those users who have stopped any interaction with you. Retention is your ability to maintain a long-term relationship with your customers. You need to understand that no one is perfect; there will always be users who have not obtained the benefits and left you. This indicator needs to be monitored and acted upon when it gets out of control. This is how the churn rate is calculated: It’s hard to say what churn rate can be considered acceptable. Much depends on the age of the company: in startups, for example, the churn rate is the main issue as it can reach 15%. Gradually, the product finds its audience and the churn rate decreases. It is commonly considered that for SaaS services, the churn rate should not exceed 3%. If you have been working for a long time, and the churn rate is large or even worse, if it’s growing period by period, it’s time to take urgent action. The work on customer retention is also a very important process. It is known that existing customers are ready to spend 67% more than new ones. According to the research conducted by , a 1% increase in the retention rate leads to a 7% increase in profits. There are many ways to retain customers; the most effective for you can only be determined through experience. You should always keep an eye on that metric. Price Intelligently What customers should be returned? It will not be possible to return the client in the snap of a finger: it takes strength, time, and budget. It may happen that you spend a lot, but get a little; the returned client will not pay off themselves. In order not to waste resources, you need to understand who to return, and whom to say goodbye once and for all. The team has conducted research to find out which customers should be returned. To do this, they divided all of the churn customers into two groups: quick-churn and late-churn. MarketingProfs The first group included users who had only been working with the service for a short time and had never become regular customers. The second group was those who actively interacted (extended the subscription, contacted customer support, opted in for additional functions). The results have shown that newcomers are more difficult to return than users who were active in the past: 29% of the first group returned, whereas 53% of the second group got back. Among those who returned, the “old” are 51% more active than the “newcomers”. It turns out that you make the same effort to return both categories, but the results are different. It makes sense to group lost customers by their activity and the duration of interaction with you and build a return campaign depending on it. Figuring out the reasons Before taking action to get the customer back, you need to understand why they left. If they decide that they no longer need your service, trying to sell the same instruments for less is unlikely to work. There are several ways to determine the user’s motive. is a service that allows you to look at your website through the eyes of the user. You can completely track their actions: what sections they look at, where they stop, even how they move the mouse. With its help, you can easily understand what on the website gets your customers interested and where they have difficulties. Fullstory Fullstory also allows you to determine where on the website something broke down or what a customer didn’t like. For example, you can see the buttons that drove the user crazy (they quickly clicked many times on the same place). The report looks like this: are a good way with one very serious flaw. In an email, you can explain the situation, pose a question, start a dialogue, but only in the most daring fantasies of marketers it is opened by absolutely all recipients. In fact, the open rate of about 20% is already fine, although it turns out that the letter was read by only a fifth of the users. Emails is a good way to get in touch with a user who hasn’t visited you in a while and returned. Everybody is used to seeing this standard “Hello, how can I help you?” message in the chat window, so something new is likely to attract attention. An automatic message in a website chat To make your messages more personalized, you can set up user segmentation in the Dashly . For example, you can only start a dialogue with those who haven’t visited you in 2 days, or those who have added things to the shopping cart. online chat A is probably the most effective way, though expensive. By phone, you can find out what did not fit the customer, what they wanted to change, to make them an offer. In the course of the conversation, you will understand the mood of your interlocutor in general, learn about their problems, and offer a personalized solution. phone call Gather responses of your customers and analyze them. If several customers confess they lack a certain function, it is worth implementing it. How to Get back Lost Customers Finally, the fun part. You know it’s time to take action, but it’s not clear which one. There are many different ways to restore the love of the customers; we will discuss the most effective of them in our opinion. Apologize sincerely A small percentage of users go away for no reason; there’s usually a good reason for that, and you might have screwed up somewhere. Try a proven remedy – apologize sincerely. For example, you can describe the situation in an email or discuss it over the phone. This method works well with those customers who have been with you for a long time, and especially if you know each other personally. AppcuesBlog In the email, they offer recipes based on previous orders of this user. Adding an invitation to dialogue here will make it a great return email. Make a present Sometimes a user needs to be “bribed” to come back to you. Offer a promo code, a gift, free delivery, or anything else valuable. But be careful with discounts. , the expert from Price Intelligently, too high discounts devalue your product in the eyes of the customer and also have a tangible negative impact on LTV. According to Patrick Campbell If you find out that a customer lacks some feature they found in a competitor, implement it. Of course, not everyone will like it, but if you noticed that several users need something at once, it makes sense to make an effort and create this function. And one more thing: don’t promise something you can’t or won’t do. Otherwise, you’ll bury yourself even deeper. Offer something new If you’ve released some cool updates, don’t be silent about it in any way. Write an article, set up a webinar or tell about it in an email, and try to attract as many former customers as possible. It is likely that they will be interested in your changes, perhaps they were just waiting for them! It’s definitely worth testing this method. Remind about important things This is rather a preventative measure, but it’s better to overdo something than to not do enough. Set up notifications to let users know when they need to top up their balance, about features that are not connected, and about updates that have been released. Sometimes customers forget and score: the subscription ends, they do not get a hand to extend it, then they somehow distracted and do not come back at all. It is a shame to lose a user just because of inattention, so be sure to inform him that the time of payment is close Sometimes customers forget and skip out on things: their subscription ends, they don’t have time to extend it; then, they get distracted and do not get back at all. It’s a shame to lose a user just because of their inattention, so be sure to inform them that the payment time is close. For example, we have done this pop-up in the : it reminds users that they are about to lose their access to the platform. constructor Make great content I’m sure you still have your customer’s contacts; keep sending emails to them. It is important not to become annoying: one email per week is definitely enough. Here’s another rule: allocate the minimum amount of email space for advertising; your current task is not to sell faster, but to return the attention of a departed customer. Offer them interesting articles, entertain them with hilarious and appropriate (!) stories, share the news with them, and delicately direct them to your website. Getting gone customers back: learning by examples has made a great chain of emails. If one day you decide to download a trial of one of their services, and then do not buy a subscription, here’s what awaits you. Netpeak First, the charming girl wonders why you stopped using the service. Let’s say you’re not taking this email seriously and you’re not responding to it. In 2 weeks, Julia writes again. You start feeling awkward not answering Julia and you write her that the tool was needed for a certain task, now it has been solved and the need has disappeared, but maybe after a while, it will appear again. Julia is glad you finally showed the signs of life, and she writes: The email refers to the service we mentioned in the reply. It turns out that you are first brought into a dialogue, then told more about yourself and offered value (help). The best part is that the letters look personal as if the company manager is really writing to you. Of course, all e-mails prior to your first response are sent automatically, but you have to admit that this is not obvious. service sends such an email to users who have not renewed their subscription: SE Ranking You are reminded that your subscription has expired and all indispensable features of the service are no longer available. Then they offer you a promotional code for a 20% discount and lead back to the website. The friendly tone of the email and the author photo convert a user to return to the website. Social networks taught us 10 years ago: “If you love it, let it go”, but it doesn’t always work. You can and should return gone users; the main thing is to do it correctly. Determine who should be returned, contact them and don’t be intrusive. And then you will get back what is truly yours. (Originally published ) here

How To Prevent Your Customers From Leaving And Win Back The Ones Who Left

Got A Startup With An App? You Need AppLovin

Het jy begin met 'n toepassing? Jy het AppLovin nodig

একটি অ্যাপ দিয়ে একটি স্টার্টআপ পেয়েছেন? আপনার অ্যাপলোভিন দরকার

Imate startup sa aplikacijom? Potreban vam je AppLovin

¿Tienes una startup con una aplicación? Necesitas AppLovin

Tes un inicio cunha aplicación? Necesitas AppLovin

アプリを持つスタートアップ企業をお持ちですか？AppLovinが必要です

Қолданба бар стартап бар ма? Сізге AppLovin керек

Masz Startup z Aplikacją? Potrzebujesz AppLovin

د یو اپلیکیشن سره یو پیل ترلاسه کړ؟ تاسو AppLovin ته اړتیا لرئ

Ai un startup cu o aplicație? Ai nevoie de AppLovin

Имате стартуп са апликацијом? Потребан вам је АппЛовин

ایک ایپ کے ساتھ اسٹارٹ اپ حاصل کیا؟ آپ کو AppLovin کی ضرورت ہے۔

93 Stories To Learn About Online Marketing

The shopping cart and order finalization process play a crucial role in any online store. If not properly optimized, these areas can become bottlenecks that lead to cart abandonment. Studies indicate that cart abandonment rates can reach as high as 60-70%, and even higher to around 85% [1]. There are many reasons why customers may leave a site store without ultimately making a purchase. From poor performance to bad design, errors on the site to confusing delivery costs, return policies, and deliveries. Creating online stores requires analyzing many elements, including shopping cart and order summary pages. To improve the customer experience, increase conversion rates, and maximize profits, it is essential to take specific steps and continuously monitor and optimize the online store. Remember: Collect feedback from customers regularly to identify potential issues and areas for improvement. Implement email reminders for abandoned shopping carts to win back customers and address any problems. Regularly check the functionality and performance of the online store. Ensure the online store's performance is fast and reliable. Provide Clear and Valuable Information Make sure that the rules and regulations of the online store are easily accessible and visible to customers. Consider including links to terms and conditions, return policies, and shipping rules in the top menu, footer, or alongside product information. Creating a dedicated Frequently Asked Questions ( ) section or subpage can also help address common customer queries and reduce repetitive inquiries. FAQ Remember: Create dedicated sub-pages for store rules, shipping rules, and return policies. Ensure easy access to information related to regulations, shipping rules, and returns (via links in the footer, menu, and product pages). Include a section or subpage with frequently asked questions (FAQ). Allow Easy and Quick Account Creation Creating a customer account on the online store can provide numerous benefits for both customers and store owners. However, it's crucial to simplify the account creation process to avoid discouraging potential customers. Consider allowing buyers to log in to existing accounts or create new accounts in a simple step on the order page. You can also explore the option of single sign-on (SSO) using external identity providers like or . Google Facebook Remember: Add the option for buyers to log in to existing accounts during the order process. Allow buyers to create accounts quickly and easily on the order page. Explore the possibility of implementing single sign-on (SSO). Streamline the account creation process as much as possible. Ensure Clear, Simple, and Transparent Order Finalization Order finalization should be straightforward and free from unnecessary elements that can lead to cart abandonment. Highlight the steps involved in completing the order and provide easy navigation options for customers to review and edit their information. Consider removing distracting elements like the footer and menu navigation during the finalization process. Simplify the order form by including only essential fields, eliminating duplicate information, and enabling autocomplete features. Adopting a minimalist approach and minimizing the steps required to complete the purchase can help reduce the risk of cart abandonment. Remember: Remove distracting elements from the order summary page (retain cross-selling in the shopping cart but remove it from the order summary, where it makes more sense to introduce up-sells). Include only the necessary fields in the order form. Enable autocomplete fields and provide prompts for address-related information. Provide Convenient and Secure Payment Methods Offering secure and convenient payment methods is crucial for order finalization. Ensure that your online store has an SSL certificate for secure transactions. Consider partnering with reputable payment providers relevant to your market, who offer various functionalities and integrate with popular electronic wallets like Google Pay and Apple Pay. For international payments and multiple currencies, explore options like Klarna, Stripe, or PayPal, which cater to foreign markets and support local payment methods. Remember: Provide proven and secure payment methods from reputable operators. Enable various payment methods, including payment cards, debit cards, bank transfers, and electronic wallets. Assure customers of payment security. Provide Fast, Affordable, and Convenient Shipping Methods Customers expect fast and convenient shipping, and although free shipping may not always be feasible, there are alternative strategies to consider. Set a threshold amount for free shipping on larger purchases, include shipping costs within product margins, or offer an express shipping option for customers who prioritize speedy delivery. Additionally, provide a wide range of delivery options, including courier services and pick-up points, to accommodate customer preferences. Remember: If possible, offer a free shipping option for orders above a certain amount. Provide an express shipping method for customers who require faster delivery. Offer a variety of delivery options, including pick-up points. Ensure Everything Works Regular maintenance and monitoring are crucial for the smooth operation of an online store. Update the store's software regularly, but remember to create backups before making any changes. Proactively check for unexpected errors and ensure that everything is working flawlessly. Continuously analyze data and make thoughtful improvements based on customer feedback and performance metrics. While there are no one-size-fits-all solutions for complex systems like online stores, starting with simple and quick implementation suggestions can yield positive results. Remember that continuous and thoughtful improvement, based on collected data, is the foundation for enhancing the online store's performance. Source: [1] Baymard Institute, 48 Cart Abandonment Rate Statistics 2023 (Accessed: 29 June 2023)

Online Checkout Process Optimization: Tips for Better Conversions

Let's learn about via these 81 free stories. They are ordered by most time reading created on HackerNoon. Visit the to find the most read stories about any technology. Ecommerce Business /Learn Repo 1. Share Your #Ecommerce Story and Win from $1,000! This writing prompt is for the eCommerce enthusiasts - from developers and architects to product managers, engineers and more! 2. Headless vs. Composable Commerce: And the eCommerce Oscar Goes To... Composable Commerce Is Headless Commerce On Steroids 3. The Online Shopping Trends of the Future How will eCommerce look in a few years? Discover the future trends of the industry and transform your online business! 4. How to Start a Dropshipping Business on Walmart Are you thinking of dropshipping on Walmart? Here are five pieces of advice before you start. 5. Believing in the Power of Ideas: Startup Interview With Paul Wilcox Co-founder of The Hatchit Marketplace talks about their buy and sell platform for online businesses and why they are excited about the benefits of AI. 6. The Most Promising eCommerce Business Ideas for 2022 Considering the demand and opportunities to expand here are the top eCommerce business ideas to start with in the year 2022. 7. How AI Can Help eCommerce Survive and Thrive in 2023 Has eCommerce become AIcommerce already? 8. How to Leverage Predictive Analytics in Your eCommerce Businesses Predictive analytics is able to predict which customers are most likely to churn or which products are most likely to be returned. Here are 6 other use cases. 9. 2022's Top 5 eCommerce Website Design Trends In this article, learn about the current best web design trends to keep your eCommerce website ahead of the competition. 10. Improving eCommerce Product Discovery with Recommendation Engines Find out how eCommerce stores can improve product discovery for customers with the power of AI-enabled recommendation engines. 11. 5 Steps To Build Your Dynamic Pricing Engine With the emergence of online platforms, B2B businesses have had to reconsider their pricing strategies. But, these same technologies help the organizations create dynamic B2B pricing models that bring substantial profits if implemented correctly. For example, an integrated sales and B2B pricing software can help sales reps negotiate with customers and reduce the processing period. 12. Technology Has Led to the Boom of DTC E-Commerce; Here’s How to Take Advantage The very nature of the internet has drastically changed the way startups try to reach their customers, with many e-commerce brands deciding to bypass traditional resellers entirely so they can have greater control over their customer experience. 13. 3 Common Misconceptions of Running an E-commerce Business for First-Time Entrepreneurs Three common misconceptions about running an e-commerce business and their corresponding realities. 14. Machine Learning: Role in Pricing And Inventory Optimization If you want to make the right pricing and inventory decisions, then an AI-powered analytical solution is your best investment. Here’s why. 15. How the Implementation of AI in E-commerce can Boost Your Business This article is about the benefits of artificial intelligence in eCommerce. It provides a futuristic approach to artificial intelligence in e-commerce business. 16. eCommerce Marketing: Actionable Tactics to Drive More Sales eCommerce marketing strategies help companies in driving traffic to their platform, eventually converting it into paying customers. Read more on the blog. 17. Bricks-and-Clicks, or Why Omnichannel Is the Future of Retail In-store and online retail have always stood in passive opposition to each other, but in the first quarter of 2019 this confrontation took an especially dramatic turn. Multiple mass media outlets published articles with agitated headlines like “It's Official: "Clicks" Have Topped "Bricks" (CBS News) or “Online Shopping Overtakes a Major Part of Retail for the First Time Ever” (CNBC), which proclaimed the final surrender of bricks to clicks. 18. How Bearbottom is Rising Above E-Commerce Challenges 4 keys to having your brand stand out in DTC and eCommerce. Rise above the challenges of ecommerce with customer experience, team, and technology. 19. The History and Perks of Third Party Logistics Software in Warehouse Management 3rd Party Logistics Software can be a powerful tool in managing your online business by consolidating much of the logistics under one easy-to-use site. 20. Can Your Team Be as Powerful as the Justice League? Surround yourself with people much smarter than you, keep them happy, take care of them, let them know that you see them as important, amazing people, and they 21. Tracking the COVID-19 Impact On E-commerce Companies As all of us are trying to fight against the fear of the COVID-19 pandemic, there has been a lot of talk in the e-commerce industry about the imbalance of meeting the demands of consumers for groceries and other essentials. Many families in America, India, and Europe are trying digital e-commerce services for the first time. 22. How 3PL is Changing eCommerce Supply Chain Dynamics Outsourcing supply chain and logistics to the 3PL providers have proved to be helpful for businesses. They offer various services for improving processes, risks mitigation, and saving resources. 23. 6 Marketing Strategies to Win Back Abandoned Cart Users Practical marketing techniques to bring back abandoned cart users 24. The Digital Shopper: 4 Retail Tech Trends That Will Stay Post-Pandemic Retailers are perfectly poised to adapt with ease as we move into a post-pandemic world, having experienced such a necessary yet dizzying acceleration in digital transformations over the past year. 25. 5 Ways Conversational Commerce Can Help Your Business Conversational commerce (or conversational marketing) is a marketing method that allows brands to strike a conversation with their consumers via chat apps 26. Price APIs: The Steps for Driving Successful API Strategy Implementing a successful price API strategy can be highly beneficial. Organizations want to capitalize on the price API market and drive innovation & revenue. 27. Hyperlocal Marketplace Platform: How Does the On-Demand Hyperlocal Delivery Model Work? Customers have gained enough experience with online shopping. Their expectations keep increasing day by day. Now all they expect is to have a fast delivery. This is assured only by the hyperlocal delivery business model. 28. An Introduction to Selling Multichannel: 5 Essential Tips Multichannel retail or eRetail is selling through more than one channel (such as your website or on eBay) and getting your products in many different places. Often the easiest way is to get onto various marketplaces, such as Amazon or Fruugo. 29. Online Retail Innovation: Here's What 2021 Has In Store For Payments After The Digital Boom In 2020 The significant shift towards online shopping has been accompanied by the increasing adoption of digital payments. 30. How Big Data Can Help Personalize Your Ecommerce Store Data is everywhere. Every single detail you have ever provided online – from your address to the advertisements you’ve clicked on –is stored by browsers and applications. 31. Pro Tips for an Outstanding eCommerce Website Design Want to design a perfect ecommerce website that helps score sales? Here are some pro tips that will help you. 32. 11 Reasons To Build Your Next E-Commerce Websites On Shopify 11 Reasons Why Shopify Web Designers Love To Build E-Commerce Websites On Shopify including the theme store, customization, and more. 33. How Artificial Intelligence Backs Up eCommerce Businesses to Grow 10X Faster Futuristic eCommerce trend alert! AI has been used to improve the shopping experiences of consumers and improve the efficiency of retail operations. 34. 5 Quick Tips To Boost Your Ecommerce Sales Learn the top five methods that you can use to quickly boost your ecommerce sales. 35. How to Use Intent-Based Promotions to Drive E-commerce Revenue This article is aimed at business owners and marketing professionals looking to advance their customer engagement and sales strategies. 36. 2020's Two Best Magento Extensions to Boost Store Sales Magento is the most popular platform that offers huge flexibility and extensive support to merchants all over the globe to grow their online business. 37. E-Commerce Dropshipping: The Risks As the owner of My Small Store, I receive many requests to dropship our luxury handbags. I feel honored, yet, I decline all of the requests. Let me explain the risks associated with E-Commerce Dropshipping. 38. Sofary Lighting Founder on Why Staying Close to Technology Is the Key to Success Part-time entrepreneur leads a successful company to 567th on the INC. 5000. How did he do this and how did technology play such a big roll? 39. Using the Magento eCommerce Stage to Grow Your eCommerce Business Want to start your eCommerce business in 2022? Here is the detailed checklist of how Magento will help you to grow your e-commerce business. Must read! 40. Deep Dive: Is Maropost a Better Alternative to Shopify? In the e-commerce realm, Shopify has long dominated as a key player, becoming nearly synonymous with online retail. 41. How to Turn Your E-commerce Site into a Profitable Venture Many people start ecommerce store but only a few succeed. In this article we have mentioned actionable tips to achieve your marketing and sales goals. 42. Digital Platforms or Digital Products | An Entrepreneur’s Dilemma Digital platforms and digital products are two of the biggest e-commerce developments. They are used by entrepreneurs to increase their brand's reputation and b 43. 7 Things Ecommerce Businesses Should Do to Maximize Customer Engagement Maximizing customer engagement is a core goal for any ecommerce website. You want to make as many sales as possible in as little time as possible. 44. Avoiding The Last-Mile Delivery in E-commerce Businesses The term Last-mile delivery refers to the last stage in the order delivery process. Here, the order is transported from the distribution facility to the customer’s location. It is the most crucial stage for an eCommerce business to ensure a good shopping experience and eCommerce fulfillment. 45. How Headless Commerce Can Improve Customer Experience Do you know how does headless commerce improve customer experience? Here, we explained 4 benefits of why headless commerce is better for customer experience. 46. Top 10 E-commerce Website Designs for 2020 What pulls customers to an E-commerce store? 47. The Future of E-Commerce: The Top 5 E-Commerce Trends in 2021 As E-commerce is rising rapidly and drastically, it is also changing repeatedly. To stay in touch with the changes, here are the hottest 2021 E-commerce trends. 48. Benefits of Migration to Latest Magento Version It has been officially announced that Magento 1 rounded off its support on June 20, 2020, which means that new features and updates are no longer delivered for this edition of the platform. How will it affect your business? Staying with Magento 1, you are likely to experience: 49. The Impact of AI in Demand Generation is Exemplary. Here’s all You Need to Know About it. AI does all three of these and generates more demand for B2B businesses. If you wish to dig in & know more about using AI in eCommerce read this article. 50. Best eCommerce Marketplace Platforms to Start An Online Business in 2022 I’ve created a list of top eCommerce platforms that you can consider to start your business, and if required, conduct an in-depth research. 51. Unstoppable Future of eCommerce Business (Survey) E-Commerce is a versatile business opportunity. It is a trend that changes with time. Therefore, a business needs to cope up with changes in e-commerce to grow sales. There are too many eCommerce businesses mistakes to avoid that everyone has to learn. 52. Amazon's Financial Future: Expansion Plans, Leveraging AWS, and Investment in Customer Loyalty Amazon reports slower-than-expected Q4 growth, but Prime and AWS boost revenue. The company removed 18000 job roles but aims for long-term growth. 53. From Mad Scientist To Bruce Wayne: A Founder's Fight To Protect The Mind MUD\WTR is a disruptor in the anti-caffeine and pro-mushroom movement. An underdog up against significant dominance and entrenched cultural norms. 54. Using Shopify 2.0 to Build a Successful Online Store Selecting a suitable platform to establish your online business is a monumental effort in the world of E-commerce. 55. How to Monitor a Bagisto e-commerce in Real-Time using Inspector Hi I'm Valerio, software engineer from Italy and CTO at Inspector. 56. Is it Time for Small Businesses to Go Online or is it Too Late? With our store in that cool neighborhood strip-mall, no local competition, and lots of foot traffic, life was good, and many couldn’t see the need for a fully implemented online commerce. 57. 5 Marketing Techniques to Increase Sales For Your New Ecommerce Business in 2021 Starting an Ecommerce Business in 2021? Check out these top 5 ways to market your newly formed Ecommerce Business and get to your first 500 Customers. 58. Why eCommerce Sites Need Background Checks Formal credit checks are typically associated with scenarios such as creditworthiness, insurance, employment/pre-employment screening, tenant screening, firearms purchases, and due diligence before business decisions. Interestingly enough, less-formal public records reports are used in many unconventional ways to navigate through the new normals brought on in the post-pandemic world. 59. 5 Easy Ways to Optimize Your Checkout Process Converting a user to a customer isn’t easy. So why lose them because of an optimize checkout process? 60. The Fine Balance Between Internal Product Vs. Customer-Facing - Tales From a Software Engineer Get the inside outs of working as a software engineer on internal products
vs customer-facing application for e-commerce companies in this 1950+ word post. 61. Shopify vs. BigCommerce: Which is the Better Platform for 2022? BigCommerce and Shopify are two of the most popular e-commerce platforms on the market. The question is: which one will be better in 2022? 62. 6 Effective Tips For Content Creation in eCommerce Businesses Any e-commerce business has lately realized the importance of building a robust social media presence. And that is achieved primarily by creating quality content. However, other avenues such as e-commerce business websites or video platforms can thrive through creative and engaging content. 63. How Product Reviews Encourage Customer Conversations Learn Why analyzing customer insights from product review data can help companies make better strategic decisions 64. Challenges Facing an eCommerce Startup, And How To Overcome Them Challenges Facing an eCommerce Startup, And How To Overcome Them 65. 9 Proven Steps To Optimize eCommerce Product Pages That Sell The best eCommerce product pages will not only convert at rates significantly higher than standard conversion rates but also increase the average value of the purchase by ensuring that the prospects are well-informed and engaged. 66. How to Easily Install Magento on Your Server Do you want to launch your online store project using the Magento CMS? Discover our complete tutorial on installing and configuring Magento on a server. 67. What Your Customers Want out of your eCommerce Store? It’s not always an easy job to run an eCommerce store. There are different B2C and B2B relations involved. You have a store to set up, products to upload, a business to promote, orders to fulfill, payments to manage securely. 68. Establishing Order is Profitable Product catalogs play a vital role in improving the user's overall experience, especially when it comes to eCommerce businesses. 69. Magento Development for Business Owners: 5 Questions to Ask Building an ecommerce business with Magento is a challenge, but an exciting one. This sophisticated PHP-powered platform requires a deep web development expertise but, as ecommerce developers at Iflexion admit, this pays off with top-of-the-line results apart from having a modern, self-sufficient webstore. To lead a Magento project to success, business owners need to meticulously analyze their goals and match them with what Magento has to offer. 70. 7 Effective Ways to Boost Your eCommerce Business with Helpdesk 7 powerful ways to boost your eCommerce business. Customer support is crucial to retaining customers and earning loyalty to eCommerce Business. 71. PPC Prep for the Holidays: Google Shopping Ads Features To Use For Your Shopify Store The partnership allows Shopify stores to directly link to Google ads, simplifying merging product inventory and payment options between Shopify and Google. 72. How Can an API-Based Web-To-Print Solution Benefit E-Commerce Businesses? Successful integration of a W2P solution can help an organization in various ways. First, it allows their clients and prospects to place orders quickly and easi 73. How to Create A Ecommerce Website like Ebay: Features & Business Model How does eBay work? The question raises many entrepreneurs and also who plan to set up businesses like eBay. Here the detailed guide before start like eBay. 74. How to Use Facebook Lookalike Audiences to Grow Faster Online Phew. Maybe you’ve moved your small business online, either with some landing pages or an ecommerce store. You’ve started building an email list of customers that want to hear about your latest offers. Maybe you’ve even set up Google Ads to advertise to people who are searching for what you’re selling. 75. Our Outreach Setup That Grew an E-Commerce Store to 2.5M ARR [How We Did It] This article is a step-by-step guide on how to get quality data, set up your email accounts, and follow up at a scale of 100k emails per day with a 95% inbox rate. 76. 3 Factors To Consider When Evaluating Private Label Manufacturers In this article, we’ll cover the three areas to focus on when choosing a private label manufacturer to work with. They are Communication, Testimonies & Pricing. 77. Social Commerce Has Taken China By Storm: Why not India? Social commerce is the fastest-growing segment within the relatively mature e-commerce segment in China. Pinduoduo does almost $145B in annual GMV on top of sales by Alibaba and JD. 78. How to Sell Goods Online: 6 Tips to Prepare for the 2021 Holiday Shopping Season With Q4 underway, now is the time to prepare your online ecommerce store for the 2021 holiday season. Here are a few things you can do to be ready. 79. 21 Important KPIs to Leverage to Optimize Your E-Commerce Sales The last two years has accelerated the growth of the E-Commerce sector. With such rapid growth, finding the right KPIs is a challenge that many businesses face. 80. From Selling Drugs to Delivering Panties by Drone: How to Hack E-Commerce in 2022 In his book ‘What the Dormouse Said’, John Markoff mentioned ARPANET as the seminal act of e-commerce. 81. Top 30 Ecommerce Development Companies in 2020 Ecommerce is not the future of retail—it is its reality. According to a Pew Research Center survey, eight in ten Americans prefer shopping online, which means that online stores have become a powerful tool in the hands of go-getting business owners. This fact means that the idea of opening your own online store is not bad at all. Thank you for checking out the 81 most read stories about Ecommerce Business on HackerNoon. to find the most read stories about any technology. Visit the /Learn Repo

81 Stories To Learn About Ecommerce Business

AI is taking the world by storm. has swiftly become a household name; has gone from relative obscurity to professional use in less than a year, and other AI platforms are quickly making a name for themselves. ChatGPT Midjourney We are witnessing a pivotal point for many industries. s CFO called the rise of AI the ,’ Microsoft in OpenAI, and startup funding in the technology to over 11 billion USD in May. Trading, and more importantly, crypto trading, has not been spared from AI integration. What remains to be seen is whether crypto traders can take advantage of AI. Nvidia’ ‘new iPhone moment invested billions skyrocketed We’ll explore some of the leading implementation trends from the past year, as well as how the industry can prevent the excitement of this new tech from precipitating reckless decisions. Is AI Too Good to be True? It is not unreasonable for industry veterans to treat frontier tech with skepticism. After all, crypto’s promises of mountains of gold often led to Ponzi schemes, fraud, or market collapses. This does not seem to be the case with AI trading. As early as 2018, two Yale economists showed with econometric analysis that cryptocurrency returns could from a variety of industry-specific factors, such as the time-series momentum effect and measures of investor attention. Their studies found that if you have accurate data and know how to analyze it, you are significantly more equipped to outperform the market. When comparing these findings to the capabilities of AI, their importance becomes clear. be consistently predicted Algorithms can analyze large amounts of data to find inconspicuous patterns and execute trades much faster and more frequently than human users. If a human chooses to do day trading manually, they will inevitably lose the efficiency race in the long run. As a species, humans are susceptible to cognitive biases, such as FOMO or loss aversion; a loss of 5% is perceived as much more significant than a gain of 5%. This leads to ‘chasing losses’ to win back what was lost, and more often than not, will lead to suboptimal decision-making. In 2014, a group of scientists to evaluate this effect. They found that only mirror trading (sticking to a predetermined trading strategy regardless of performance) yielded positive ROI. Discretionary trading, on average, led to hasty choices and losses. analyzed 28.5 million deals The Current Trends in AI Implementation Any extensive data analysis or trading strategy needs to be recalibrated to account for market volatility, information events, and other parameter changes. While seasoned full-time traders can afford to engage in constant market research, even they can miss more subtle signals. AI can help to create self-adapting schemes that operate 24/7 and react to the slightest changes in the market. For these aspects, the main developing niche for AI in trading is trading bots. Cryptohopper, one of the largest strategy and bot trading marketplaces, recently rebranded itself with an exclusive emphasis on AI, while the token of SingularityNET, another AI bot marketplace, ranks among the top 100 cryptocurrencies by market cap. DeFi and crypto asset management startups like Quadency are also turning towards AI solutions as a substitute for manual governance. Many seed-stage firms boast of offering their clients an opportunity to create personal AI trading bots and fine-tune them to their levels of risk tolerance and asset class preferences. For now, it is unclear whether they leverage proprietary technology or just integrate ChatGPT into their platforms. AI as the Trader’s Best Friend As AI grows in both sophistication and adoption, it’s important to remember that the technology is not perfect. For example, if a developer fails to notice overfitting while training an AI model, the whole portfolio may be put at risk. While automated strategies may be effective in technical analysis and day trading, they may misstep in more complex tasks like analyzing investor sentiment. Even ChatGPT, with all its popularity and success, puts a disclaimer that its text recognition algorithms are not flawless. One popular compromise is to use AI trading signals but leave the final decision of whether to execute the trade to the investor. An example of this approach is the AI assistant Walbi Lighthouse. This feature leverages AI to automate and accelerate market research, allowing the trader to receive real-time analysis of technical indicators, gauge market sentiment, and compile both influencer tweets and currency-related news in a single digest. In this way, represents an approach that uses the best of both worlds: the power of AI data analysis and the complex rationality of human decision-making. Walbi Lighthouse The Man or the Machine? For now, it’s simply too early to celebrate the AI overtake of the crypto trading sphere, but even if AI bots are unable to replace fully proprietary trading, AI-powered assistants like Walbi Lighthouse are an indisputably positive innovation. Not only will it accelerate access to information and significantly widen the available source base, but also will lower the barriers to entry for beginning investors, making cryptocurrency trading more accessible. Whatever the future holds, AI will be a part of it, and AI assistants represent this technology's first steps toward wider acceptance. Check out the project's and subscribe to its and channels. Want to learn more about Walbi? blog Telegram Twitter

AI-Driven Crypto Trading: Naive Myth or the Industry’s Future?

Comercio de criptomonedas impulsado por IA: ¿mito ingenuo o el futuro de la industria?

Crypto Trading piloté par l'IA : mythe naïf ou avenir de l'industrie ?

एआई-संचालित क्रिप्टो ट्रेडिंग: बेवकूफ मिथक या उद्योग का भविष्य?

AI 主導の仮想通貨取引: 素朴な神話か、それとも業界の未来か?

Negociação criptográfica orientada por IA: mito ingênuo ou o futuro da indústria?

Giao dịch tiền điện tử dựa trên AI: Chuyện hoang đường ngây thơ hay tương lai của ngành?

人工智能驱动的加密货币交易：天真的神话还是行业的未来？

Devs - Assemble! The final round’s results of The Web Development and Ecommerce Writing Contest are here. But before announcing the final results, we thankElastic Path for sponsoring the superb Web Development and Ecommerce Writing Contest for our dev community. During these three months, we published 400+ web development and ecommerce stories generating almost half a million reads and 60+ days of reading time. This contest rewarded 18 winners a whopping $12,000! That’s a win-win-win trifecta we vouch for! Web Development and Ecommerce Writing Contest: Round 3 Nominations For selecting the top 10 nominations, we picked all the stories with the #web-development and #ecommerce tags on HackerNoon, published in round 3. Then we chose the top stories using a 60:30:10 weightage ratio for: Number of hours read
The number of people reached
The freshness of the content #Web-Development: Top 10 Stories The ABCs of Building Reliable, Scalable, and Maintainable Web Applications - Scalability
5 Common Web Development Mistakes and How to Avoid Them
Understanding the Power of Proxy in JavaScript
How to Upload Files With JavaScript
How I Lost $1000 On One Pixel
How to Use Swift for Web Development
10 Frontend Projects to Take Your Coding Skills to the Next Level
Yahoo Finance Style Stock Price Label in SwiftUI
Uploading a 1 Million Row CSV File to the Backend in 10 Seconds
Using ChatGPT to Code an Entire Portfolio Website #Ecommerce: Top 10 Stories Enhancing Competitive Advantage in E-commerce Using BaaS and Embedded Finance
Increase Your Profits By Creating Valuable Products — Here's How
How to Get High-Quality Traffic to Your New Tech Startup's Website
The Art of Trading Attention: Your Path to eCommerce Glory
Gen Z and Millennials are Redefining Mobile Application Development
Apple to Consumers: No Money? No Problem 💸
Exploring the Potential of Augmented Reality for E-commerce Growth
To Continue or Not To Continue? Here's How to Tell Whether You Need to Pivot or Kill Your Idea
Tech Trends Driving E-Pharmacy
How Online Classifieds Can Innovate With Immersive Technologies Final Round Winners To select the winners, we ran internal polls on the top 10 nominations for each tag. Our editors  voted, and here are the final results. #Web-Development Writing Contest Winners In the first place, we have: https://hackernoon.com/how-i-lost-$1000-on-one-pixel?embedable=true This is the story of how a customer made me lose $1000 on moving stuff by 1px. It transformed my career, and I never asked to bet back the money. It also told me something about how web development transforms, and we can adapt to these changes. We see you @tomaszs, another win that’s awesome! You have won $1000. The second position is won by: https://hackernoon.com/yahoo-finance-style-stock-price-label-in-swiftui?embedable=true One day I was inspired by a small yet crucial UI component in the Yahoo Finance iOS app.
This UI component represents stock price changes in real time. The most interesting thing in this component for me it’s the accurate color accents on some parts of a price that was changed. Well deserved, @prokhorovxo! You have won $600. In the third place, we have: https://hackernoon.com/the-abcs-of-building-reliable-scalable-and-maintainable-web-applications-scalability?embedable=true Scalability is often talked about casually as - “System X is scalable“ or “System Y is not scalable“. We need to understand that these statements in themselves do not mean anything. Rather, scalability discussions around an application should talk about growing or increasing an application’s capability when a certain type of load is encountered.
Thus before talking about scaling an application, we should properly understand the art of quantifying load and performance. Once we have understood those, then we can talk about the ideas of maintaining performance when load increases in a certain way. Congratulations on winning $400, @infinity. #Ecommerce Writing Contest Winners The first position is won by: https://hackernoon.com/the-art-of-trading-attention-your-path-to-ecommerce-glory?embedable=true You’re being watched. Whether you like it or not.
You’ve been marked by information technology. Cell towers know where you are. Your calls can be monitored. Your online presence can be hijacked. As if that’s not enough, companies even know your hobbies. They know your likes and dislikes. The profiles you stalk. Congratulations, @walo! You have won $500! In the second place, we have: https://hackernoon.com/how-to-get-high-quality-traffic-to-your-new-tech-startups-website?embedable=true One of the things we did was create a list of high-quality free resources. We searched for new platforms that had their own listings of AI development tools, no-code platforms, low-code platforms, IDEs, and more. We found these listings on Twitter, Product Hunt, and other resources, and listed them. Yay, @hacker89811! you have won $300! The third position is won by: https://hackernoon.com/gen-z-and-millennials-are-redefining-mobile-application-development?embedable=true In the era of simplifying customers’ access to a brand’s services, applications have become important. There are more smartphone users than computers; so, mobile phone applications are a better investment to reach more people.
Thus, if you are targeting Gen Z with a product, it is only proper to understand their smartphone behaviors as a guide to developing an application for them. Congratulations,@kingabimbola! You have won $200! Congratulations to all the winners again! We will contact y’all shortly. Visit contests.hackernoon.com today to check out the currently running contests. Devs - Assemble! The final round’s results of The Web Development and Ecommerce Writing Contest are here. But before announcing the final results, we thank Elastic Path for sponsoring the superb Web Development and Ecommerce Writing Contest for our dev community. During these three months, we published 400+ web development and ecommerce stories generating almost half a million reads and 60+ days of reading time. This contest rewarded 18 winners a whopping $12,000! That’s a win-win-win trifecta we vouch for! Elastic Path Web Development and Ecommerce Writing Contest Web Development and Ecommerce Writing Contest: Round 3 Nominations For selecting the top 10 nominations, we picked all the stories with the # web-development and # ecommerce tags on HackerNoon, published in round 3. Then we chose the top stories using a 60:30:10 weightage ratio for: web-development ecommerce Number of hours read The number of people reached The freshness of the content Number of hours read The number of people reached The freshness of the content #Web-Development: Top 10 Stories The ABCs of Building Reliable, Scalable, and Maintainable Web Applications - Scalability 5 Common Web Development Mistakes and How to Avoid Them Understanding the Power of Proxy in JavaScript How to Upload Files With JavaScript How I Lost $1000 On One Pixel How to Use Swift for Web Development 10 Frontend Projects to Take Your Coding Skills to the Next Level Yahoo Finance Style Stock Price Label in SwiftUI Uploading a 1 Million Row CSV File to the Backend in 10 Seconds Using ChatGPT to Code an Entire Portfolio Website The ABCs of Building Reliable, Scalable, and Maintainable Web Applications - Scalability The ABCs of Building Reliable, Scalable, and Maintainable Web Applications - Scalability 5 Common Web Development Mistakes and How to Avoid Them 5 Common Web Development Mistakes and How to Avoid Them Understanding the Power of Proxy in JavaScript Understanding the Power of Proxy in JavaScript How to Upload Files With JavaScript How to Upload Files With JavaScript How I Lost $1000 On One Pixel How I Lost $1000 On One Pixel How to Use Swift for Web Development How to Use Swift for Web Development 10 Frontend Projects to Take Your Coding Skills to the Next Level 10 Frontend Projects to Take Your Coding Skills to the Next Level Yahoo Finance Style Stock Price Label in SwiftUI Yahoo Finance Style Stock Price Label in SwiftUI Uploading a 1 Million Row CSV File to the Backend in 10 Seconds Uploading a 1 Million Row CSV File to the Backend in 10 Seconds Using ChatGPT to Code an Entire Portfolio Website Using ChatGPT to Code an Entire Portfolio Website #Ecommerce: Top 10 Stories Enhancing Competitive Advantage in E-commerce Using BaaS and Embedded Finance Increase Your Profits By Creating Valuable Products — Here's How How to Get High-Quality Traffic to Your New Tech Startup's Website The Art of Trading Attention: Your Path to eCommerce Glory Gen Z and Millennials are Redefining Mobile Application Development Apple to Consumers: No Money? No Problem 💸 Exploring the Potential of Augmented Reality for E-commerce Growth To Continue or Not To Continue? Here's How to Tell Whether You Need to Pivot or Kill Your Idea Tech Trends Driving E-Pharmacy How Online Classifieds Can Innovate With Immersive Technologies Enhancing Competitive Advantage in E-commerce Using BaaS and Embedded Finance Enhancing Competitive Advantage in E-commerce Using BaaS and Embedded Finance Increase Your Profits By Creating Valuable Products — Here's How Increase Your Profits By Creating Valuable Products — Here's How How to Get High-Quality Traffic to Your New Tech Startup's Website How to Get High-Quality Traffic to Your New Tech Startup's Website The Art of Trading Attention: Your Path to eCommerce Glory The Art of Trading Attention: Your Path to eCommerce Glory Gen Z and Millennials are Redefining Mobile Application Development Gen Z and Millennials are Redefining Mobile Application Development Apple to Consumers: No Money? No Problem 💸 Apple to Consumers: No Money? No Problem 💸 Exploring the Potential of Augmented Reality for E-commerce Growth Exploring the Potential of Augmented Reality for E-commerce Growth To Continue or Not To Continue? Here's How to Tell Whether You Need to Pivot or Kill Your Idea To Continue or Not To Continue? Here's How to Tell Whether You Need to Pivot or Kill Your Idea Tech Trends Driving E-Pharmacy Tech Trends Driving E-Pharmacy How Online Classifieds Can Innovate With Immersive Technologies How Online Classifieds Can Innovate With Immersive Technologies Final Round Winners To select the winners, we ran internal polls on the top 10 nominations for each tag. Our editors  voted, and here are the final results. #Web-Development Writing Contest Winners In the first place, we have: In the first place, we have: https://hackernoon.com/how-i-lost-$1000-on-one-pixel?embedable=true https://hackernoon.com/how-i-lost-$1000-on-one-pixel?embedable=true This is the story of how a customer made me lose $1000 on moving stuff by 1px. It transformed my career, and I never asked to bet back the money. It also told me something about how web development transforms, and we can adapt to these changes. This is the story of how a customer made me lose $1000 on moving stuff by 1px. It transformed my career, and I never asked to bet back the money. It also told me something about how web development transforms, and we can adapt to these changes. We see you @tomaszs , another win that’s awesome! You have won $1000. @tomaszs The second position is won by: The second position is won by: https://hackernoon.com/yahoo-finance-style-stock-price-label-in-swiftui?embedable=true https://hackernoon.com/yahoo-finance-style-stock-price-label-in-swiftui?embedable=true One day I was inspired by a small yet crucial UI component in the Yahoo Finance iOS app. This UI component represents stock price changes in real time. The most interesting thing in this component for me it’s the accurate color accents on some parts of a price that was changed. One day I was inspired by a small yet crucial UI component in the Yahoo Finance iOS app. This UI component represents stock price changes in real time. The most interesting thing in this component for me it’s the accurate color accents on some parts of a price that was changed. Well deserved, @prokhorovxo ! You have won $600. @prokhorovxo In the third place, we have: In the third place, we have: https://hackernoon.com/the-abcs-of-building-reliable-scalable-and-maintainable-web-applications-scalability?embedable=true https://hackernoon.com/the-abcs-of-building-reliable-scalable-and-maintainable-web-applications-scalability?embedable=true Scalability is often talked about casually as - “System X is scalable“ or “System Y is not scalable“. We need to understand that these statements in themselves do not mean anything. Rather, scalability discussions around an application should talk about growing or increasing an application’s capability when a certain type of load is encountered. Thus before talking about scaling an application, we should properly understand the art of quantifying load and performance. Once we have understood those, then we can talk about the ideas of maintaining performance when load increases in a certain way. Scalability is often talked about casually as - “System X is scalable“ or “System Y is not scalable“. We need to understand that these statements in themselves do not mean anything. Rather, scalability discussions around an application should talk about growing or increasing an application’s capability when a certain type of load is encountered. Thus before talking about scaling an application, we should properly understand the art of quantifying load and performance. Once we have understood those, then we can talk about the ideas of maintaining performance when load increases in a certain way. Congratulations on winning $400, @infinity . @infinity #Ecommerce Writing Contest Winners The first position is won by: The first position is won by: https://hackernoon.com/the-art-of-trading-attention-your-path-to-ecommerce-glory?embedable=true https://hackernoon.com/the-art-of-trading-attention-your-path-to-ecommerce-glory?embedable=true You’re being watched. Whether you like it or not. You’ve been marked by information technology. Cell towers know where you are. Your calls can be monitored. Your online presence can be hijacked. As if that’s not enough, companies even know your hobbies. They know your likes and dislikes. The profiles you stalk. You’re being watched. Whether you like it or not. You’ve been marked by information technology. Cell towers know where you are. Your calls can be monitored. Your online presence can be hijacked. As if that’s not enough, companies even know your hobbies. They know your likes and dislikes. The profiles you stalk. Congratulations, @walo ! You have won $500! @walo In the second place, we have: In the second place, we have: https://hackernoon.com/how-to-get-high-quality-traffic-to-your-new-tech-startups-website?embedable=true https://hackernoon.com/how-to-get-high-quality-traffic-to-your-new-tech-startups-website?embedable=true One of the things we did was create a list of high-quality free resources. We searched for new platforms that had their own listings of AI development tools, no-code platforms, low-code platforms, IDEs, and more. We found these listings on Twitter, Product Hunt, and other resources, and listed them. One of the things we did was create a list of high-quality free resources. We searched for new platforms that had their own listings of AI development tools, no-code platforms, low-code platforms, IDEs, and more. We found these listings on Twitter, Product Hunt, and other resources, and listed them. Yay, @hacker89811 ! you have won $300! @hacker89811 The third position is won by: The third position is won by: https://hackernoon.com/gen-z-and-millennials-are-redefining-mobile-application-development?embedable=true https://hackernoon.com/gen-z-and-millennials-are-redefining-mobile-application-development?embedable=true In the era of simplifying customers’ access to a brand’s services, applications have become important. There are more smartphone users than computers; so, mobile phone applications are a better investment to reach more people. Thus, if you are targeting Gen Z with a product, it is only proper to understand their smartphone behaviors as a guide to developing an application for them. In the era of simplifying customers’ access to a brand’s services, applications have become important. There are more smartphone users than computers; so, mobile phone applications are a better investment to reach more people. smartphone users Thus, if you are targeting Gen Z with a product, it is only proper to understand their smartphone behaviors as a guide to developing an application for them. Congratulations, @kingabimbola ! You have won $200! @kingabimbola Congratulations to all the winners again! We will contact y’all shortly. Visit contests.hackernoon.com today to check out the currently running contests. contests.hackernoon.com

The Web Development & Ecommerce Writing Contest: Final Results Announced!

ওয়েব ডেভেলপমেন্ট এবং ইকমার্স রচনা প্রতিযোগিতা: চূড়ান্ত ফলাফল ঘোষণা করা হয়েছে!

Der Webentwicklungs- und E-Commerce-Schreibwettbewerb: Endergebnisse bekannt gegeben!

Concurso de redacción sobre desarrollo web y comercio electrónico: ¡se anuncian los resultados finales!

Concours d'écriture sur le développement Web et le commerce électronique : les résultats finaux sont annoncés !

वेब विकास और ईकॉमर्स लेखन प्रतियोगिता: अंतिम परिणाम घोषित!

The Web Development & Ecommerce Writing Contest: 最終結果発表!

웹 개발 및 전자상거래 글쓰기 콘테스트: 최종 결과가 발표되었습니다!

Concurso de Redação de Desenvolvimento Web e Comércio Eletrônico: Resultados Finais Anunciados!

Web Geliştirme ve E-ticaret Yazma Yarışması: Nihai Sonuçlar Açıklandı!

Cuộc thi Viết về Phát triển Web & Thương mại điện tử: Đã công bố Kết quả Chung cuộc!

Web 开发与电子商务写作比赛：公布最终结果！

SECESSION

Day trading is like a fascinating game that rolls chess, poker, and gaming into an exciting package, adds the adrenaline rush of a roller coaster, and flavors it with a few dashes of lemon and a pinch of salt. Trading is a great struggle between illusion and reality, and in many ways, a cruel maze of tricks within tricks. However, if you are one of those who can create a plan, follow a strategy with strong discipline, handle your gambling demons, and accept trading as a profession, you can possibly make it... after 3-5 years of hard study. Trading attracts people who love challenges. However, only a lucky few can stand out of the crowd and make a fortune out of thin air. These people need to have a vast amount of experience, know how to keep their cool in the face of natural greed/fear impulses, and be savvy about the psychology of the masses. They need to gather some initial trading capital, but also have some money in reserve for critical situations and slump periods, because these are statistically proven to happen to all traders - it is just a matter of time and cardinality of trades. Knowing when not to trade, when to take a break and step back is a critical part of risk management. Most of all, you need a working trading system that suits your needs and trading style. If you have all of these, the last piece of the puzzle is to embrace the following tenets: “The goal of a good trader is not to make money; the goal is to trade well.” “Making money is more important than proving to yourself you were right.” “Your effectiveness in trading is proportionate to the hard effort you put into trading.” “The greatest lesson in making money is the experience gained from losing money.” “Try to enter as close as possible to the point where you were wrong. Never fight or question the price action.” “If you have a will to win, you will win. This article is split into two sections. The first part is a window to the life and mind of a master trader with more than 15 years of experience in both crypto-related and regular stock markets. This is the part of the knowledge sharing. The second part introduces you to basic trading products such as spot, swap, or margin. Part 1: What the life of a day trader is like: an interview with a successful cryptocurrency trader, who wishes to remain anonymous. Thank you so much for accepting my invitation for an interview. To kick this off, tell us something about yourself and what led you to trading crypto and the stock markets? I actually didn't get straight into trading at first. I was participating in classical hardware and cloud mining for cryptocurrencies, and then doing some minor investments, which led me into stock market trading. After that, back in 2016, I learned about crypto trading, and I can say it was a blessing, since I could use existing methods used in the stock market that worked pretty effectively in crypto, too. How did your journey start? My first experiences with trading were unusual. I made quite a bit of profit during several week-long periods without any knowledge but inevitably broke the streak then and suffered brutal losses. Many people quit after losses, but in your trading failures, you can gain plenty of experience to become a success. That's why it is important to journal your losses and find what connects them, fix the issue, and move forward. Many people have a great start when they start trading, but they get drunk on early success and crushed a few months later. How were your first trading months? I agree some people do get drunk on trading in crypto because it is such a speculative market, but in the stock market, it's a lot tougher. How many years do you think it could take for somebody to become a successful trader? It depends on the person and their lifestyle. The traits you grew up with can naturally make you a successful trader. So I don't think it's measurable in time, and it's really about who you are that determines how quickly you can adapt to the market. Consider thinking about one's lifestyle habits overall and make game-changing life adjustments such as tuning sleeping habits and adding regular workouts. Sometimes, it is not about trading only but more about building a better life. What was your breaking point from an average trader to a successful trader who can do whatever he wants? Discipline was the only thing I needed to learn. As soon as I realized the importance of discipline and persistence, I started to grow and become what I am today as a trader and as a human being. That and a lot of backtesting. I recommend this to all who are at their trading beginning to add a daily 30 minutes backtesting timeslot to their daily schedule if they really want to improve and boost their confidence when entering trade setups in real-time. What are the key aspects one needs to embrace to become a decent trader? Tough question, but again it can be summed up as discipline, patience, and persistence. Many people fail a couple of times and fall for what's called “revenge trading”, which means irrational trading after you lose, hoping you get lucky and win back the losses quickly. But as you can guess, they will only go further down the spiral most of the time. It is also critical to absorb a lot of knowledge that will help you to create your own opinion. When you start to listen to your inner voice while following the plan, you are on a good path. Only following others simply gets you nowhere in the long run. Then, hide your Profit and Loss (PNL) indicator. (PNL is the difference between profit and loss in trading.) Don't observe the money you may be gaining or losing; trade the setup, not the PNL. What are the most frequent trading demons that could possess a trader and cause account bankruptcy? FOMO (fear of missing out), greed, and not following your backtested trading plan. But if I were more specific, it would go like this: Exited too soon Exited too late Entered too soon Entered too late Taking too much risk Didn't take a planned trade because of self-doubt To fight these demons and get rid of them for good, avoid these pitfalls and give yourself a point for each successful and flawlessly executed trade. You are cured when you have five positive points at each of these. However, If you collect ten bad points for a single item mentioned below and you cannot stop, you are probably doomed to be a non-trader. (Screenshot from 2011 - explaining the Demon Finder principles) Feel free to make a copy of the above-mentioned GoogleDoc and use it. What about the path to becoming a trader? What milestone do we need to pass first before entering the Valhalla of trading? Always try to protect your capital. Trading is one of those professions where you need to have both skills and capital. Without money there is no trading. Also, you need some money to back yourself up. At least a month of paper trading to start. Then, develop 2-3 strategies and backtest them hard on at least 100 samples. Then start with 1% of your capital per trade. You can move this up to 3% per trade but only if your hit rate is about 60%. When you hit a sequence of 4 losses in a row and you feel that you are completly out of the zone, decerease the trading size from 1% to 0.5% until you will get like 2-3 winners that will get you back to the game mode. Of course, there are traders that have 85-90% hit rate. These guys trade big numbers and the only thing they need other than meeting trade conditions is to have enough liquidity. Trades like this usually have from 0.8 to 1.3 R (Risk/Reward Ratio) while not using much leverage. Personally, I found that around 2.5R is my mostly reached﻿ target. What method do you use for trading? I use many things now since I like the effect of pulling a lot of Aces from up my sleeve. I'm always trying to add essential books to my library and use something new here and there. Currently, I trade crypto using Elliott Wave (EW), Price Action (Pat) combined with some basic Candlestick knowledge, and some Moving Average (MA) strategies. But one needs to understand the smart money concepts to create a successful trading method. Some great sources are free to watch on YouTube, such as: PhotonTrading MentFX PhantomTrading In the stock market, it's a bit harder, so I use Volume Price Analysis (VPA), EW, Candlesticks, trendlines, and some chart patterns even though some of them are getting obsolete. It is also good to have a basic overview of the news that moves the market. However, I am not a “news” trader. The capability of reading the market bias is more important than the strategy used, though. Markets tend to seek liquidity that lies in zones of inefficiency. Markets return to these zones to balance themselves. Try to use monthly, weekly, and daily charts to spot those inefficiencies, such as fair value gaps (FVG), equal highs or lows, and other liquidity stores, such as liquidity pockets that form around multiple touched trendlines. When you mark these zones, try to imagine a path the market needs to accomplish to reach these areas before it changes direction or continues further after a pullback. What is your top advice for somebody who wants to be a great trader one day? Do it for yourself, not for the money. Really, the best thing about trading is it can teach you a lot about the values of life that will guide you to a better lifestyle. A better lifestyle then morphs you into a better version of yourself, and as the better version of yourself, you can make the people around you happier. Personally, I get a lot of these values from a fellow named Jim Rohn, who left his teachings for the world to learn from. He was an avid businessman and motivational speaker who amassed a vast fortune from nothing. Then also, don't try to make each day a trading day. Sometimes you can observe the market and not make a single trade since the stars don't align in your favor. Never trade when you don't have an edge. Trading is like poker with one critical difference. In a game of poker, you need to play each hand with cards you got. In trading, you can wait for the proper hand and then trade it perfectly. If you have a will to win, of course. What was your greatest win and your most "redonkulous" fail in trading? Well, my greatest win would have to be everything compounded that I've acquired over time, but the most in one single trade, if I can remember, is 2500% on a leveraged BTC position. I've lost it all before, so nothing can be more of a failure than that. But I believe that failures will give you the experience to succeed. Do you have any more secrets for being a good trader and long-term success? There aren't any secrets. All the information is out there, and most of it is free… However, you need to be passionate about what you do no matter what it is. If you don't like what you're doing, you're not going to be successful in it. That's what I believe, but I do have a passion for the art of trading. And yes, I do like the money that comes with it, but I love the ability to predict. It might seem cheesy, but it's like being a wizard and seeing into the future a little bit. Sure, sometimes I'm wrong, but those times I'm right are just great. Then, of course, learn to anticipate, not participate. Stop chasing pumps or the moves that are already on the go - good traders don't trade because something is moving. Your time to enter this was 5 minutes ago. You can jump into a trade for a quick grab and go, but if you stay in it, you are just sacrificing your capital for somebody else's success. Do the opposite. Start laughing at the chart and be glad that it is going so well without you. Then, prepare to trade the retest, since almost every good entry is retested at some point. Then, you have to learn to have patience with great trades, but also imperial impatience with trades that don't look good or that are eating through your stop-loss (SL) zone. Observe, adapt, execute within a few seconds. It's all about doing non-stop quick adjustments as the situation develops. And lastly, be aware that as a retail trader, you are easy prey for Market Makers (MM), when trading on emotions. To be successful in the market, learn to move with MM, resist their calls to sell, when all they are doing is selling a ticket to “destination fucked” for as many traders as possible before they do the counter move. Defeat the market by defeating your emotions and your urge to trade first. Then, be patient and execute as your backtested setup showed you. That's right. I agree. As an intelligent trader with experience under your belt, you agree that no guru is going to make you rich in the long run, is that right? Exactly. You need to love what you do and be ok with doing it on your own. Only then can you do it for endless hours and still feel full of life and motivation. Tell us about your average trading day. Well, it's just like any other person's day except for the fact that I don't drive to work. I walk across the hall to my office. I wake up at 5 in the morning, take a shower and get to the charts, watch pre-market for stocks, and check my overnight holds for crypto. Then, I do a few hours of trading, and sometimes I don't trade if the opportunity isn't there. I'm only really working for 1–2 hours, and I usually just read until something pops up. Some days I don't even bother checking and go out for the day. I like to keep my life balanced between work and play. What are the most inspiring books you have read? Trading or otherwise! Lots of reading and knowledge from people who have been successful in the field. As a kid, I read The Richest Man in Babylon by George Samuel Clason, and this was my gateway to more comprehensive books like Trading in the Zone by Mark Douglas. For self-improvement, I really enjoyed Master Your Hidden Self by Serge Kahili King and The Truth by Neil Straus. If you could time travel and give advice to yourself before you started trading, what would it be? Don't wish for things but make sure you are doing the maximum to make it happen. And of course, enjoy what you do. If you don't enjoy what you do, it will be hard to get through the part in which you are not profitable, and you will mostly give up. And maybe also that the pain is temporary, while the pride is forever. Well said. The end of the knowledge-gathering section. The next part will introduce you to the world of Bitcoin DeFi trading products that could be considered as an alternative to other DeFi platforms such as Uniswap (Ethereum-based) or Centralized exchanges (which mostly require KYC and deposition of your assets to their control). Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on money, financial products, and financial services. Decentralized finance uses the blockchain technology that cryptocurrencies use. A blockchain is a distributed and secured database or ledger. Applications called dApps are used to handle transactions and run the blockchain. Part 2: Find the proper trading playground So, did you enjoy the interview? Are you motivated to go explore, learn and participate in this high-risk/reward environment now? If the answer is yes, then I say good! The following will introduce you to other trading prerequisites and to common trading products. While studying, reading, observing, or doing courses is a vital part of learning, the most crucial part of the learning path of becoming a day trader is getting down in the figurative trenches, and trading—making decisions in real-time, writing notes, and analyzing your trades. To start your trading journey, use a browser-based technical analysis (TA) tool, such as , for paper trading or just as your "trading sandbox" for all your charting observations, and journal entries. TradingView Then, you will need a trading platform with an easy-to-use interface. Start by experimenting with small amounts of real assets. This is the best way to start, as you will experience what it’s like to trade with "real money," even if just a few dollars are on the table. A brief introduction to the world of cryptocurrency trading products or is where you buy an asset you believe in or have researched, with the plan of selling the asset for a profit in the future. 1) Swapping Spot buying allow you to Long and Short, which means you don't buy the asset per se, but put up collateral to take a position on market direction. You make money by forecasting the market's future price. Using leverage (1x-5x) can enhance your profit if you have a technical analysis or fundamental edge. 2) Margin trades NOTE : Very often, you do buy the underlying asset using margin trading. If you use bitcoin as collateral and buy bitcoin on margin, you hold that bitcoin that you purchased. But when bitcoin’s price rises in the future, it is highly likely you will have to sell it to pay back the loan (that you leveraged) but still hold onto the bitcoin 'profit'. It depends if you are trading derivatives or not. Lastly, 3) Perpetual Futures A perpetual futures contract—or perpetual swap—is somewhat similar to an ordinary futures contract in that it allows traders to speculate on the future price movements of cryptocurrencies. The core difference is that perpetual swaps do not have expiration dates. Traditional futures have expiration dates, which forces the price to track the spot price due to arbitrage between the contract and spot price, with the settlement date in view. You can take on the risks and rewards of the spot price movement without actually buying or selling the asset. You cover the risk by supplying margin assets that cover any losses you experience if the price moves against your position. Outro Good luck on your trading journey! Learn from your mistakes. Journal your trades and mostly your aftermath-like observations! If you have a will to win and keep improving, you are on the pathway to success! Don't get discouraged in the first 2-3 years of learning and trading since most traders made it into positive months after five years of active trading. So, don't think about you as a trade you will be in next year, but think about yourself as a trader who needs to be here five years from now, working hard to improve and adapt Remember: -> Stay patient. Also, . Find a trading community, be proactive, work hard and talk about your journey with others. If you simply don't know where to start, I can give you two tips: -> don't be afraid to ask for help 1) of 2) Monthly subscription-based (150 USD) trading group called with many live streams you can watch, many chat possibilities to ask and grow, and a lot of materials delivered by skillful traders you can use to your advantage. However, the best thing is their kind and friendly attitude. Optionally, signup to the Whop platform, from the space of which you can and get a 5 USD bonus. Free discord community Mindo Chroma join Chroma using the following link -> Be rigid in your rules but flexible with your expectations﻿. And lastly, if your trading portfolio is below 1000 USD, . Buy a book, watch a course, practice what you have learned, and journal what you found out. -> invest in yourself and your future success first Don't trade to make money; learn first how to survive, protect your capital, and trade well overall. - Mickey Maler See you in the trenches!

Becoming a Day Trader - Interview and Introduction to the Trading Products

Convertirse en un comerciante de día: entrevista e introducción a los productos Bitcoin DeFi

Devenir un day trader - Interview et introduction aux produits de trading

एक दिन का व्यापारी बनना - व्यापारिक उत्पादों का साक्षात्कार और परिचय

デイトレーダーになるには - インタビューと取引商品の紹介

Tornando-se um Day Trader - Entrevista e Introdução aos Produtos de Negociação

Trở thành Nhà giao dịch trong ngày - Phỏng vấn và Giới thiệu về Sản phẩm Giao dịch

成为日间交易者 - 交易产品的采访和介绍

Stories, News & Mentions about WINBACK

Winback’s Stories on HackerNoon