Tag Archives: Billions

eCommerce Merchants Could Save Hundreds of Billions Each Year by Eliminating False Positives

David DeCorte June 30, 2020 Criminal fraud is nothing new in the eCommerce space. The problem has been growing year-by-year for two decades, leading to a gradual increase in merchant costs. Data published by Aite Group suggests direct fraud losses will cost online merchants $ 6.7 billion in 2021. That doesn’t even account for the … Continue reading eCommerce Merchants Could Save Hundreds of Billions Each Year by Eliminating False Positives →

12 Ways Amazon Optimizes Product Pages to Drive Billions

Paul Schmidt — April 11, 2019 — April 11, 2019 It’s a culture of testing, iterating, and analyzing that helps Amazon swallow up more and more industries. However, there are still thousands of specialized retail and e-commerce businesses that employ a healthy workforce and will succeed for the foreseeable future. Given Amazon’s multi-faceted organization, it … Continue reading 12 Ways Amazon Optimizes Product Pages to Drive Billions →

Study finds decline in ‘trust’ costs corporations billions in profits

An Accenture study ties $180 billion in revenue losses to declines in trust across 54 percent of companies in its index. Greg Sterling on November 5, 2018   It turns out that trust has a dollar value for corporations; a loss of trust can impact corporate growth and profitability. Accenture has published a provocative new study … Continue reading Study finds decline in ‘trust’ costs corporations billions in profits →

Ecommerce Leaving Billions Of Dollars Unclaimed

Ecommerce Leaving Billions Of Dollars Unclaimed by Laurie Sullivan , Staff Writer @lauriesullivan, June 21, 2017 Qubit on Wednesday released results from a study analyzing more than two billion user journeys and 120 million purchases to determine the potential revenue uplift that ecommerce businesses can expect from specific optimization techniques. The company categorized 29 different … Continue reading Ecommerce Leaving Billions Of Dollars Unclaimed →

The Price of Poor Employee Engagement? Billions

David DrummondNovember 4, 2015 An engaged employee is an effective one. Productivity is higher, they are happier, they’re better advocates of your business – in short, it brings better results for you. But now a report conducted by the Gallup Organisation, an American consultancy company, has revealed the high price of poor employee engagement: between … Continue reading The Price of Poor Employee Engagement? Billions →

Why Do Corporations Pay Billions Annually on Inefficient Hiring?

Luis Salazar & Brad Stevens The hourly job market is the bedrock of the American workforce, 76 million members strong. While the growth in retail and hospitality positions, representing one third of these jobs, is pacing our economic recovery, the sector still spends an astonishing $ 1 billion annually on hiring. A thought provoking question: … Continue reading Why Do Corporations Pay Billions Annually on Inefficient Hiring? →