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Connections are crucial for a successful business story in the eCommerce sector. Every business, regardless of its size and format, needs to be open to making new relations in order to prosper. In essence, by building relationships with other entities, whether they're other businesses or customers, you're expanding the outreach of your company which ultimately leads to better positioning on the market. Nowadays, there are multiple means of communication used by businesses in establishing such relationships. Entrepreneurs can often benefit from attending eCommerce conferences, visiting special business courses, or joining groups of interest through various social media channels. All of these have one thing in common - providing the needed information for entrepreneurs to stay in line with the latest trends and movements in the eCommerce industry and keep up with all of the eCommerce industry statistics. With close to 3 billion users, Facebook offers a great opportunity for connecting with people with the same interests. The network offers the possibility of creating and hosting various types of groups where you can share business experiences and stories and learn from their mistakes. Find more statistics at Statista The Facebook groups, for example, offer a platform that serves as a base for: learning tricks about online marketing; advice on lowering your Facebook CPM; strategies to build a stronger eCommerce company; dropshipping tips on ways to excel in the business, and many other related topics. So, that's why we've compiled a list of the best Facebook groups where you can gather the best information about eCommerce and dropshipping.

The eCommerce market is a rapidly growing part of the retail sector worldwide and is expected to reach 7.4 trillion USD in revenue by 2025 with an average Annual Compound Growth Rate (ACGR) of 11.9%. With the shift of lifestyles and doing business due to the recent outbreak of the Covid-19 pandemic, a growing percentage of the whole fashion retail business is happening online. In 2019, only 19% of the fashion goods purchases were made online this percentage is expected to rise by 5 percentage points by the end of 2023. Also, fashion is the largest B2C segment of the eCommerce market which is expected to reach a market size of 1.16 trillion USD by the end of the same year. Although it was the eCommerce that obviously largely benefited from changing consumer behaviors throughout the pandemic, there is a huge opportunity in the segment of fashion for those brick-and-mortar stores as well who are progressive in thinking and are able to adopt. While remoteness gives eCommerce businesses a huge advantage, those physical stores that are operating locally can fill the gaps they miss and harvest their benefits of tailored customer service, in-store experience, and physical presence. They definitely do enjoy several advantages against online-only businesses as they can provide human connections, hence more personal experiences. No matter which business model you choose or if you wish to combine the two into the so-called click-and-mortar approach, these numbers allow us to conclude that there is still a major potential in tapping into fashion retail. But in order to be successful on the market, you need to make sure you are working together with the best suppliers with who you can establish a long-term relationship. For this reason, in this article, we will introduce how you can start buying wholesale fashion with BrandsGateway as it is one of the most established luxury fashion wholesalers worldwide.

The number of eCommerce marketing tools available at hand today and the possibilities they’re offering might be overwhelming for everyone who owns a dropshipping business, regardless of them being new or experienced in the field. Today’s business owners are provided with endless options and ways to measure their store’s traffic and track how their marketing efforts are performing. So, sometimes, it can be hard to pick out the most important dropshipping KPIs to focus on. When it comes to measuring the health and progress of your dropshipping store, all of the data that’s collected on your store can be a treasure It can show how you get traffic on your website and how your customers are behaving when they visit your store. These details can enable you to make informed decisions on improving your store's performance thus increasing your sales. To put it simply, if you aren’t tracking your performance based on the data that’s being collected on your dropshipping business, you can end up missing out on the opportunity to measure how well your strategies are working. Although most dropshipping business owners are utilizing the data they’re collecting, there are still some that are missing out on this valuable information. In fact, studies show that up to 73% of data that is collected by companies goes unused for analytics. It’s important to know that, if you don’t read, understand, and apply the data you’ve collected properly, it can cost your business vast amounts in the long run. It can result in lower efficiency, lost business opportunities, and future issues when dealing with unhappy customers. In this article, you’ll be introduced to the most essential dropshipping KPIs that you should be measuring, analyzing, and implementing in order to drive your store to success.