eCommerce Terms
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The process of providing information to complete an ecommerce purchase. Steps typically include billing information, shipping information, order verification and order confirmation. E.g. “Best practices in ecommerce require having a user-friendly and smooth checkout process.”…
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In eCommerce, products are often grouped into a hierarchy of categories and subcategories. E.g. “Our bespoke furniture eCommerce store is organized using categories like bedroom, living room and home office. Subcategories include type of wood finish.”…
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The average amount spent per customer order. Often used as a performance metric. E.g. “As a business owner, looking at the average order value is a great metric to gauge annual revenue growth.”…
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A checkout process where a user completes the transaction without creating an account on the seller’s website.…