How Ecommerce Is Changing The World With Ben Reynolds| S1 EP9: The Maven Show

13 September 2022

Timestamps:

00:42 – Introduction and welcoming Ben, Executive Director of Partnerships at Luz.com

02:00 – How Ecommerce is changing the world? The rapid growth of ecommerce is evident in every part of the globe. It reflects how shopping patterns and behavior have shifted, especially during the past few years. Ecommerce offers great advantages for online shoppers as well as creating great competitions among online vendors. The restrictions imposed by the COVID-19 pandemic, back in 2020, gave a great boost to ecommerce that it has become the main way of acquiring things for many consumers.

3:50 – What does the future look like with ecommerce? The shift from shopping in-store to shopping online grants consumers many benefits in terms of greater variety of products with reviews, prices, and time efficiency. What does this mean for businesses? What does the future hold for e-commerce Companies?

04:50 – Booming e-commerce sectors means more ecommerce companies are going to launch, which will lead to even greater competition; what do ecommerce companies and store owners need to pay attention to prepare for the future? What tools do companies like, Luz.com, have to offer to help businesses minimize risk and maximize profits? – Competitive data, attribution insights and retargeting.

07:30 – Overview of how tryluz.com works, and the value of the critical market data it provides, presented by Ben.

12:30 – With increased competition in the ecommerce space, timely data-driven decision-making has become crucial for the success of businesses and digital marketing campaigns. Big data is King; now and in the future.

Brief about The Maven Show podcast

In this episode of The Maven Show, the founder and CEO of Mavenwit, Rohit hosts Ben, the Executive Director of Partnerships at Luz.com, to discuss the rapidly growing ecommerce sector. They highlight the recent developments that lead to the overwhelming expansion of e-commerce space, marking the advantages and disadvantages of the e-commerce boom. Ben lays out what the e-commerce space can offer to the consumers greater options, variety of products, more competitive prices, and time efficiency. From a business point of view, the story will be different. With more and more companies entering the e-commerce space; competition will get harder and harder. To minimize cost and risks, and maximize profit is dependent on acquiring critical market data at the right time. Sustainability in the future, Ben concludes, hings on timely data-driven decision-making.

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Join this channel to get access to perks ► https://www.youtube.com/mavenwit

The Maven Show ► https://mavenwit.com/the-maven-show/

Luz ► https://www.tryluz.com/

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#Ecommerce #Mavenwit #digitalmarketing

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