Important Ecommerce Jargons All Business Must Known#ecommerce

Attention all e-commerce business owners! ????️ Are you overwhelmed by technical jargon? Don't worry, we'll help you decode it! Here are some more essential e-commerce terms every business owner should know:

A/B Testing: The process of comparing two versions of a webpage or app to determine which one performs better.

Big Data: Large amounts of data collected through various sources that can be analyzed to reveal patterns and insights.

AOV: Average Order Value, the average dollar amount spent per order.

ROI: Return on Investment, the amount of profit earned compared to the cost of investment.

B2B: Business-to-Business, commerce transactions between two businesses rather than between a business and individual consumer.

Understanding these terms will help you make informed business decisions and keep up with industry trends. Need help navigating the world of e-commerce? Contact us today! ???? #eCommerceJargon #DigitalMarketing #PrimeITSolutions???????? Prime IT Solutions - The Leading Software Company! ????

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