In 2016 nearly 25% of Americans ordered groceries online at least once. Over the next 2 years, that number has doubled and the total value of online sales of food and beverages is expected to exceed $25 billion for the first time. This is just a small fraction of the $1 trillion market and the growth potential for online groceries in the next years is enormous. Below we discuss top trends in this industry.
According to Adobe’s 2017 online shopping data, last year Cyber Monday hit a new record as the largest online sales day in U.S. history with $6.59 billion. In comparison, Black Friday and Thanksgiving Day brought in $5.03 billion and $2.87 billion in revenue respectively.
Over the five-day period from Nov. 23, 2017 (Thanksgiving) through Nov. 27 (Cyber Monday), American consumers spent $19.62 billion online. This was $2.6 billion and 15% more than they spent during the same timeframe the year before.
It’s a 2 day event on E-Commerce with great speakers, Spree success stories, discussion panels for both developers and business people and of course drinks in the afternoon.
There are thousands of Spree store owners and developers all over the world invested in Spree over the years. Thousands of stores and developers rely on a lean, flexible, extendible Spree open-source software being developed. That is a large community and a foundation of all our open-source efforts.
You want to build the Next Big Thing. And you have a pretty good idea how it should work, look & feel. Great, now it’s time to find a dev team to build your MVP. But how much should your MVP cost? A freelancer will tell you it should cost $5,000 to $15,000. An experienced CTO will tell you it should cost between $50,000 and $150,000. Which one is right? Are they even talking about the same thing? No, they’re not!
SPOILER: it will cost you $50k to develop a Twitter MVP, $100k for an Instagram, $500k for a Facebook and $1M for an Uber. US dollars when hiring a US dev team.
It’s already 2016 and it looks like a lot is going to happen in the ecommerce and startup world. Big fairs, conferences, workshops, networking, pitching opportunities and a whole lot of other activities you can attend if you’re interested in aquiring some useful knowledge and valuable connections.
The events are plenty all around the world, but we have prepared a list of the ones that we find most interesting and fun:)
How much should a Minimum Viable Product cost? How much time should an MVP take to build and launch? These are the questions our clients ask us and every time answering these questions comes down to one simple conclusion – we understand and define MVP differently. 🙂
Our CEO Damian Legawiec has recently been invited to present at ReactJS Warsaw meetup attended by a few dozens front end developers. The presentation included the introduction to Flux as well as examples of its practical implementations.
British-based luxury & fashion marketplace MilanStyle.com experienced a spectacular 45% increase in conversion rate after launching its new mobile-ready and improved platform running on open-source Spree Commerce framework. MilanStyle.com now features over 300 thousand luxury items from top boutiques all over the world and brands like Gucci, Tom Ford, Givenchy, Saint Laurent. That’s ten times more than its old website.