Tag: ecommerce

CloudCart targets funding of up to 3 mil. Eur and expanding market share in the CEE area

CloudCart targets funding of up to 3 mil. Eur and expanding market share in the CEE area

CloudCart, the professional eCommerce-as-a-service, platform recently launched on the local market, plans to expand its market share in Central and Eastern Europe and attract up to EUR 3 million in a pre-Series A funding round. This strategic initiative aims to strengthen CloudCart’s position as a market leader in online commerce and support the development of online businesses in the region. […]

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VTEX launches new products that smarten up digital commerce investments

VTEX launches new products that smarten up digital commerce investments

VTEX (NYSE: VTEX), the global enterprise digital commerce platform, is presenting five new products during VTEX DAY 2023. The new products help companies compose commerce architectures and experiences that boost operational efficiency and create new sales channels. Retail and ecommerce are living in a new era where efficiency is the top priority. After experiencing the rapid growth of the last […]

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Limitless Agency: More than half of Romania’s population will use online commerce by 2025, with the e-commerce market reaching 10 billion euros

Limitless Agency: More than half of Romania’s population will use online commerce by 2025, with the e-commerce market reaching 10 billion euros

Romania’s ecommerce market is becoming stronger in South-East Europe, growing faster than the global average of 16.6% per year, reaching a total value of 10 billion euros by 2025, according to data from the eBook eCommerce Growth Strategies, the largest report of data and growth strategies for online stores in Romania, made by Limitless Agency, one of the leading digital […]

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Limitless Agency: 75% of online retailers want to expand their product ranges

Limitless Agency: 75% of online retailers want to expand their product ranges

Against the backdrop of high inflation, 75% of online retailers in Romania have as their main business objective the expansion of their product ranges, to meet consumer needs, satisfy customers’ desire for diversity, and increase sales, according to an analysis conducted by Limitless Agency, one of the largest digital marketing agencies in the local market. At the same time, to […]

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Limitless Agency Analysis: Romanians made online orders worth 180 million euros in the first quarter of the year

Limitless Agency Analysis: Romanians made online orders worth 180 million euros in the first quarter of the year

The Romanian e-commerce market registered an upward trend in the first quarter of 2023, with the total value of orders being over 180 million euros, despite high inflation, according to an analysis by Limitless Agency, one of the largest digital marketing agencies in Romania. In Q1, the largest order placed online was a TV worth more than 148,000 euros. According […]

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White Image: In the first months of 2023, company sales fell by 10% on average. Only retailers selling products cheaper than their competitors registered increases

White Image: In the first months of 2023, company sales fell by 10% on average. Only retailers selling products cheaper than their competitors registered increases

Against the background of high inflation, the first months of 2023 were dominated by a downward trend in market-wide sales, by an average of 10%, with increases only recorded by retailers selling cheap products, according to an analysis by White Image, the first and largest email marketing services company from Romania. “These trends are the result of increasingly strong signals […]

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TRUDA: Romanian ecommerce is growing this year, especially in the luxury area, where sales are 50% higher

TRUDA: Romanian ecommerce is growing this year, especially in the luxury area, where sales are 50% higher

In 2023, the ecommerce market is defined by a series of changes, including the fact that Romanians make purchase decisions more slowly, but buy more frequently and in larger quantities online, the luxury segment has spectacular sales, and online stores are changing their focus to promoting products that bring higher profits. Thus, this year, the ecommerce market will grow by […]

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Limitless Agency: The gifting segment grew by 64% in March. The most expensive gift on Women’s Day was almost 10,000 euros

Limitless Agency: The gifting segment grew by 64% in March. The most expensive gift on Women’s Day was almost 10,000 euros

On International Women’s Day, the gift market increased by 64% between March 1-8, 2023 compared to the same period last year, according to an analysis by Limitless Agency, one of the largest digital marketing agencies. Thus, the most expensive product ordered from the Romanian online during this period, a luxury watch created by a French fashion house, cost 49,000 lei […]

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TRUDA analysis: Online stores have losses of up to 30% because they promote the wrong products

TRUDA analysis: Online stores have losses of up to 30% because they promote the wrong products

Online stores lose the chance to increase their income by up to 30% monthly, and in over 70% of cases online advertising budgets are incorrectly allocated, in the absence of a precise analysis of products performance, shows an analysis carried out by TRUDA, the first Romanian machine learning business capable of analysing online performance in real time to promote the […]

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Limitless Agency: Lower ecommerce growth, fewer impulse purchases, and more competition

Limitless Agency: Lower ecommerce growth, fewer impulse purchases, and more competition

2022 was an atypical year for the ecommerce market, with increases of 10%-15%, lower than in other years, Romanian consumers making fewer impulse purchases. Instead, competition has increased, and the number of advertisers is increasing, according to an analysis by Limitless Agency, one of the largest digital marketing agencies.    According to Limitless Agency representatives, among the reasons for the […]

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VTEX: How retailers can achieve profitability goals in 2023

VTEX: How retailers can achieve profitability goals in 2023

VTEX (NYSE: VTEX), the global enterprise digital commerce platform for premier brands and retailers, has launched its new retail profitability research paper, “Three Investments to Drive Ecommerce Growth”, at NRF 2023, a retail event in New York. The research, powered by VTEX partner AWS, highlights important investment opportunities for retailers looking to earn profitable growth, despite the economic headwinds ahead. […]

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eCommerce market in 2022: Slowing growth, high competition, and more frugal consumers

eCommerce market in 2022: Slowing growth, high competition, and more frugal consumers

After the pandemic, in which there was an unprecedented boom in online sales in Romania, in 2022, the ecommerce market registered a slower growth rate, being dominated by trends of “resettlement” in sales and “temperance” on the part of Romanian consumers, shows an analysis with the main conclusions of some of the most important providers of solutions for digital commerce. […]

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